THREE:High duties were not the only evils that had been strangling the silk trade. Its chief seat was at Spitalfields, where by the Act of 1811 and other legislation the magistrates had been empowered to fix the rate of wages, and to subject to severe penalties any masters who employed weavers in other districts. The result, said a manufacturers' petition in 1823, is, "that the removal of the entire manufacture from the metropolis is inevitable, if the Acts are to continue any longer in force." However, the journeymen declared that a repeal of the Acts would be followed by the reduction of their wages and the increase of the poor rates. No less than 11,000 petitioned against Huskisson's motion for a repeal, and,[242] though the Bill passed the House of Commons by small majorities, it was so altered by amendments in the Lords that it was abandoned for the Session. But in this remarkable Session of 1824 it was reintroduced and passed through all its stages. As a result the Combination Acts directed against meetings of workmen to affect wages, the Acts which prevented the emigration of artisans, and the laws against the exportation of machinery were brought under discussion by Joseph Hume. The last question was waived for the present, but the laws interfering with the emigration of artisans were repealed without a voice being raised in their favour. As for the Combination Acts, it was ordained that no peaceable meeting of masters or workmen should be prosecuted as a conspiracy, while summary punishments were enacted on those "who by threats, intimidation, or acts of violence interfered with that freedom, which ought to be allowed to each party, of employing his labour or capital in a manner he may deem most advantageous." In consequence, however, of the outrages which occurred during the Glasgow strikes of 1824, during which a workman who disregarded the wishes of his union was shot, and men of one trade were employed to assassinate the masters of another, further legislation was necessary. By the Act of 1825 all associations were made illegal, excepting those for settling such amount of wages as would be a fair remuneration to the workman. Any other combination either of men against masters or of masters against men, or of working men against working men, was made illegal. The law thus framed continued to regulate the relations of capital and labour for nearly half a century.
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THREE:During this period a vast empire was beginning to unfold itself in the East Indies, destined to produce a vast trade, and pour a perfect mine of wealth into Great Britain. The victories of Clive, Eyre Coote, and others, were telling on our commerce. During the early part of this period this effect was slow, and our exports to India and China up to 1741 did not average more than 148,000 per annum in value. Bullion, however, was exported to pay expenses and to purchase tea to an annual amount of upwards of half a million. Towards the end of this period, however, our exports to India and China amounted annually to more than half a million; and the necessity for the export of bullion had sunk to an annual demand for less than 100,000. The amount of tea imported from China during this period rose from about 140,000 pounds annually to nearly 3,000,000 pounds annuallyan enormous increase.Great Britain, which had amassed so vast a debt in aiding the Continental sovereigns against Napoleon, played the magnanimous to the last. She gave up her share of the public indemnities, amounting to five million pounds, to the King of Holland and the Netherlands, to enable him to restore that line of fortresses along the Belgian frontiers which our Dutch king, William III., had planned, and which Joseph II. of Austria had suffered to fall to decay, thus rendering invasion from France especially easy. Nor was this all: she advanced five million pounds to enable the different sovereigns to march their troops home again, as she had advanced the money to march them up, the money demanded of France not being ready. Truly might Napoleon, in St. Helena, say that England, with her small army, had no business interfering in Continental wars; that "with our fleet, our commerce, and our colonies, we are the strongest power in the world, so long as we remain in our natural position; but that our gains in Continental wars are for others, our losses are for ourselves, and are permanent."
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