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Wellington Independent WEDNESDAY, APRIL 12, 1871.
The recent elections in Victoria and the debates now taking place in the Parliament of New South Wales indicate a growing feeling in favor of protection in Australia. Tho conflicting arguments of the free traders and protectionists show the folly of those who claim political economy as a fixed science from whose laws every deviation is a loss and a mistake. Perhaps nowhere and by no man was this ever so arrogantly laid down as by the Hon. J. C. Richmond in his electioneering campaign in Wellington. In his speech in the Odd Fellows' Hall he ridiculed the protection policy of Mr Yogel as a violation of certain principles which in his mind were as fixed and unalterable as those of geometry only to, be explained by the fact that " he had never read a work on political economy." To attempt by a little protection to foster native industry was in his eyes to attempt the impossible. By putting a duty on imported articles capable of being produced here, and so encouraging their manufacture until they could do without protection, seemed to him as absurd a proposition as that the three angles of every triangle are not equal to two right angles. It is true that when we brought to his recollection that he himself had brought in by far tbe most protective measure in our statute book — The Distillation | Act — and by the protection ho had himself given to colonial beer had fostered a great industry to the loss of much revenue. He attempted an explanation ; but so far as we could understand it (and it was not easy to do so), it only amounledto this, that he succumbed to his colleagues in the House, and that on this, as on many other questions, he thought it was more important for the country that he should remain in office than that measures he approved should be only passed. He was " prepared to face separation," as he had formerly stated iv the House, so we were then left to infer that he was prepared to face protection " rather than ' see the country plunge into anarchy ; ' " or, in other words, rather than see Vogei Commissioner of Customs, vice Richmond, resigned. His dogmatising in the face of facts of his own creating we exposed sufficiently at the time, and we only refer to it here as an illustration of the untenability of the arguments of free traders based upon such " unalterable principles " as these, that " free trade, if it is bad in an old country, is bad in tbe colonies," that difference of latitude cannot make that right which is wrong ; that political economy is a science the first principle of which is free trade— a principle eternally and everywhere true, and that to legislate upon sound principles is to pass laws admitting foreign produce and manufactures to compete with our own. The Commissioner of Customs in Victoria has lately issued a summary of the import , export, transshipment, and shipping returns for the year 1870, from which much useful instruction may be gathered. The exports for the year 1800 were £11,895,950 ; do 1870, £1 1 ,150,800 ; decrease, £739,144. Of this decrease £471,978 is to be set down to gold, and £105,979 to gold specie, leaving only £101,187 charge able to all other articles of export. This is attributable very likely to re-exports, the returns not distinguishing, for instance, the gold and wool from New Zealand or elsewhere. The imports in 1809 amounted to £13,908,990, and in 1870 to only £19,4.55,757. The decrease (£1,453,233) is scattered over an immense number of articles. "We shall instance a few which will show a very satisfactory reason for the difference, viz., that those articles are being either produced or grown in the colony : — 1869. 1870. Apparel and Slops ... £335,642 £372,943 Bottled Beer 213,774 179,919 Boots ancl Shoes ... 4-07,273 303,437 Woollen piece Goods .. 1,035,485 736,856 Should any doubt the infei'ence that we have drawn that Colonial manufacture of these articles has reduced their imports, we shall put down a few articles for which Victoria cannot yet provide native substitutes : 1869. 1870. Drapery £141,587 £141,443 Brandy 225,747 259,407 Sugar 689,324 666,016 Tea 500,140 496,623 We may from these figures therefore safely infer that the diminution in the articles enumerated above represents an actual gain to the colony. But this will appear still clearer when we compare the imports of breadstuffs and farm produce for the same years. 1869. 1870. Bran £16,260 £736 Flour 71,221 2,418 Barley 36,898 25,604 pearl ... 4,803 4,923 Maize 241,879 81,733 Outs 139,584 100,531 Wheat 16_,476 22,542 Potatoes 20,318 4,983 Butter 68,070 30,554 To sum up. After providing for an increase of about 27,000 in the population, there has been a sum saved to i Victoria in 1870, as compared with the outlay for breadstuffs and feeding grains in 1809, of £525,752. It may be in- j structive to note the articles which have yielded an increase of revenue in 1870. These are malt, oil, opium, gin, rum, whisky, cordials, salted provisions, soaps, starch, carriages, glass, millinery, and the articles which pay 5 per cent., and constitute the raw materials of some manufactures. Both the increase and the decrease bear testimony to the advantage Victoria has gained by protection, and we can now understand ho%any alteration in the tariff will be made in that direction. Sir James M'Culloch seems to have shown too little earnestness on this question, and it is just possible that he will soon have to hand over the reins of Government to a more decidedly protection Ministry.
Armed Constabulary. — The caseof Sub-In-spector M'Donnell is not yet decided, and wo regret having reported on it yesterday on what appeared to u» good authority.
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Bibliographic details
Wellington Independent, Volume XXVI, Issue 3171, 12 April 1871, Page 2
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957Wellington Independent WEDNESDAY, APRIL 12, 1871. Wellington Independent, Volume XXVI, Issue 3171, 12 April 1871, Page 2
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Wellington Independent WEDNESDAY, APRIL 12, 1871. Wellington Independent, Volume XXVI, Issue 3171, 12 April 1871, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
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