Before concluding, I may be pardoned for addressing to the Public, and to the Legislature, a word or two of caution against placing the slightest dependence upon Board of Trade Returns, as affording evidence of the real condition of the nation. It has long been known that the principle upon which they are compiled is a most fallacious one; and they have been rendered more so by our recent policy. Had these elaborate statistical documents afforded anything like an index to our condition, we ought, during the past ten years, to have been advancing in prosperity at a rate more rapid than was ever achieved by any people. They do not, however, form such an index, and, for all useful purposes, are as valueless as the paper upon which they are printed. But this is not all. Not only is the evidence afforded by them fallacious, but the figures contained in them are incorrect and often fraudulent. The entries at the Custom-Houses of merchandise shipped for foreign countries, may be valued at anything that the exporter pleases. There is no check whatever against such entries being falsified. It is the same with our imports, those brought in duty free being now no longer weighed by Government officers at the ship's side. A few dishonest men may at any time combine to increase or to decrease the amount of the next month's or year's return; and to exhibit growing prosperity, or the reverse. It is only necessary, in order to effect their object, to add fifty or a hundred per cent to the declared value of their shipments, or to undervalue them to the extent wished to be shown. We have continually been witnessing, during the past few years, the extraordinary luck of the late Whig Ministry in being always able, at seasons of emergency, when pressed by their opponents, to produce some favourable return from the Board of Trade; and it is not very improbable that, whilst in opposition, they may be indulged by their Free-Trade allies throughout the country with the figures required to prove decreasing exports under a Conservative Government. But independently of such malpractices, committed from party motives, there are other causes in operation which render these returns utterly unworthy of credit. In a vast number of cases it is certain that goods exported are not entered at all. A few months ago it was discovered that an extensive forwarding merchant in this port had been systematically omitting entries at the Custom House for years past—no duty being chargeable—merely with a view to save the payment of the Liverpool dock and town dues; and the extent of such evasions may be conceived from the fact that—small as these dues are—the dock estate is considered to have suffered to the extent of at least £20,000 from the practice. During the past week, another case of the same description has been discovered; and there is too much reason to believe that this practice has become very prevalent on the part of the inferior clerks of our merchants.
Under these circumstances, a complete change in the mode of conducting the statistical department of the Board of Trade is imperatively called for; and, until this is effected, the sooner that Board suspends the issue of its delusive compilations, the better for the cause of truth.
Liverpool, 12th March 1852.
POSTSCRIPT.
[The revelations contained in the foregoing article are of a nature eminently calculated to excite the astonishment of those who put faith in the representations of the Free-Traders. Although fully convinced of the accuracy of our esteemed correspondent, and the extensive means of knowledge which he possesses with regard to mercantile affairs, we considered it our duty, before publishing this article, to institute inquiries of our own in other quarters, and we are satisfied that it states the plain truth, without any feature of exaggeration. Indeed, it is in entire accordance with the tenor of the Trade Circulars, one of which, now lying before us, dated so late as the 22d of March, and emanating from a well-known Free-trading Manchester firm, refers to "the enormous losses sustained upon the exports made in the early part of last year, and the still greater losses on imports, many of which have been sustained by the same parties." In Glasgow, during the last year, the commercial disasters have been frightful; and we are not aware that, up to the present time, there has been a symptom of the turning of the tide.
We observe that Mr Cardwell, in a late speech delivered by him in the House of Commons, reasserts, in pretty strong terms, his belief in the prosperity of the country, and dwells especially upon the cheering fact that the exports and imports have increased. Now, as he is one of the representatives of Liverpool, and ought to know something about mercantile matters, we beg to call his attention to the foregoing article, which surely is specific enough to admit of refutation, if it is not consistent with the truth. There has been, of late, a great deal of babble about prosperity, but no proof of its existence. This is an easy way, no doubt, of disposing of the question; and it may succeed with people who are not accustomed to watch the flux of public events, and the rise and fall of commerce. It is not difficult to deal in general terms and rounded periods, or to make broad averments, without substantiating them, in a parliamentary speech; but it is full time that the public should be led to discriminate between what is matter of fact and what is matter of opinion. We submit a statement from Liverpool to the notice of the member for Liverpool. It contains allegations which, if true, show that the large and important mercantile constituency which he represents is very far from sharing in that general prosperity which he believes to exist somewhere. In the language of a late eminent statesman, three courses are open to Mr Cardwell. He can either deny the statement of our correspondent, in which case we shall be glad to be furnished with a refutation; or, he may admit the statement, in which case nothing more need be said on the subject; or he may maintain a dignified silence, in which case he must pardon us if we arrive at the conclusion that, in reality, he knows very little about the matter—and so we commend him to his constituents.]
THE MOTHER'S LEGACY TO HER UNBORN CHILD.
The Mothers Legacie to her Vnborne Childe. By Elizabeth Ioceline. Reprinted from the edition of 1625; with a Biographical and Historical Introduction. William Blackwood and Sons.
When we first saw this curious and deeply-interesting little volume, we were disposed to turn from it as one of those fantastic pseudo-antiques which came into vogue a few years ago, apparently, too, under high auspices. We regretted to see an indication of the continuance of so bad a fashion—namely, a professed reproduction of a work written one or two centuries before, but, in reality, a spurious performance, with no other recommendation than the very questionable one of a little petty cleverness in assuming the tone of antique language, and the cast of sentiment and observation belonging to a day gone by. And this, moreover, in flagrant disregard of the maxim, fiat experimentum in corpore vili, was applied to religious subjects! We were, however, quickly undeceived as to the little volume before us, which we were assured was a veritable reprint, "a fac-simile impression," of a small work which had bonâ fide made its appearance, under most affecting circumstances, exactly two centuries and a quarter ago; and to that reprint it seems that we are indebted to no less a personage than the Very Reverend Dr Lee, the Principal, and the pious and learned head, of the University of Edinburgh. We cordially thank the very reverend gentleman for the great gratification which he has afforded us, and the service which he has rendered the public, by bringing under its notice once more, with every mark of genuineness and authenticity, and after no small pains bestowed upon the task, an exquisite memento of tenderness, piety, and love, in the Mothers Legacie to her Vnborne Childe. It is exactly what it professes to be: in a word, a lovely young gentlewoman, newly married, conscious of being likely to become a mother, and also persuaded that, in giving birth to her infant, she herself would be called away, set to work—sweet soul! now and long since happy in eternity!—to frame a little manual of religious counsel for the guidance of that infant as it grew up. Listen to her own words—"It may seem strange to thee to receive these lines from a mother that died when thou wert borne." If these few words are not full of moving tenderness to the reader, he is made of different stuff from ourselves.