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To: 1rudeboy

Yep, the King was a true blue free trader. If it profitted him, there should be no tariffs. That's why we got so good at shooting guys that wore red and marched in a straight line..


151 posted on 05/02/2005 2:05:50 PM PDT by Havoc (Reagan was right and so was McKinley. Down with free trade. Hang the traitors high)
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To: Havoc
True free-trade. Riiiight.

In 1651, however, while Cromwell was master of England, the first of the famous Navigation Acts was passed. The chief provisions were, that no goods grown or manufactured in Asia, Africa, or America should be transported to England except in English vessels, and that the goods of any European country imported into England must be brought in British vessels, or in vessels of the country producing them. The law was directed against the Dutch maritime trade, which was very great at that time. But it was nowhere strictly enforced, and in New England scarcely at all. [footnote ommitted]

In 1660 the second of these memorable acts was passed, largely embodying the first and adding much to it. This act forbade the importing into or the exporting from the British colonies of any goods except in English or colonial ships2 and it forbade certain enumerated articles--tobacco, sugar, cotton, wool, dyeing woods, etc.--to he shipped to any country, except to England or some English plantation. Other goods were added at a later date. Such goods were to pay heavy duties when shipped to England, and in 1672 the same duties were imposed on goods sold from one colony to another. Had these laws been strictly enforced, the effect on the colonies that produced the "enumerated" articles would have been disastrous, for they enjoyed a flourishing trade in these goods with other countries. Other articles, such as grain, salt provisions, and fish, were not put on the list, because these were produced in England, and, had the entire colonial production been sent to that country, the English producer would have been ruined.3 Rice was also allowed to be shipped direct to all ports south of Cape Finisterre. Some things, however, the Parliament did purely to favor the colonies,--it prohibited the raising of tobacco in England and kept Spanish tobacco out by high duties, it kept out Swedish iron by a high tariff, to the advantage of the colonies, and it paid a bounty on various colonial products.

Source


155 posted on 05/02/2005 2:12:24 PM PDT by 1rudeboy (Please visit the Reagan International Trade Center in Washington, D.C.)
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