I fear I weary you with figures, but allow me to give one more instance of the pernicious effects of a protective policy on both English and French shipping, as shown by a return of the tonnage of ships built for or otherwise added to the merchant navies of the United Kingdom and France in the following years. (See Table, p. 595.)

These figures speak for themselves. The comparative annual progress of the shipping of both countries was not worthy of notice during the first period, when both were protected by the laws of the respective countries. You made a start when between 1849 and 1850 our Navigation Laws were repealed, but when the impetus which that repeal gave to our commerce came into play, and when our Shipowners felt that they had to depend upon themselves, and not upon the State, we shot ahead at an amazing rate during the second period, while the annual increase of your shipping remained stationary.

To the United Kingdom.To France.
Tons.Tons.
In 1842129,929In 184230,923
” 1849117,953 ” 184932,223
” 1850133,695 ” 185043,474
” 1860211,968 ” 186043,192

When in Paris last month, I had occasion to converse with many of your merchants and others in regard to the effect produced by the recent commercial treaty. They were satisfied, but they felt that something more was wanted, though they could not exactly say what it was. Now, though both countries have every reason to be much satisfied with that treaty, the want is to me very apparent. Free navigation must accompany freedom of commerce. The ramifications of commerce are so numerous and the competition so close that the slightest hindrance to its natural flow, or the smallest increase of freight, either retards, paralyses, or destroys vast branches of it. The trade which your people are now carrying on with England and its colonies and possessions is greatly retarded by the restrictions of the Navigation Laws. The produce of France which we buy is not in all cases paid for by the produce or manufactures of this country. We wish you to take in exchange for your wines and for the other productions of France which we require, and you desire in many cases to receive in payment for those productions, the produce of our colonies and possessions; but your Navigation Laws raise, as I have shown, the price of all such importations, so as to affect, most unfavourably for your people, the conditions of exchange, and, consequently, our commercial intercourse with each other is much more limited than it would be under a system of free navigation. I most sincerely trust that these restrictions may soon be removed; I do so, not merely on account of my countrymen, but for the benefit of your people, who will be large gainers by the change.

We were the first nation, I regret to say, to raise barriers to free intercourse with other nations. It was Great Britain which first set up laws to dictate the course which the ships of other nations should follow upon the ocean meant to be free for the use of mankind.

We maintained that wretched policy for centuries to the injury of others, but not to our own gain.

At last we discovered that the poverty of our neighbours did not enrich ourselves. Twelve years ago we changed our policy, and I have given you an outline of the happy results. Your country is still pursuing the same mistaken policy, but I think the day is not far distant when your enlightened Monarch will sweep away all the ancient barriers which hamper his commerce, and thus give to his people that freedom of intercourse which, while it tends to promote peace and goodwill, cannot fail to develop to an extent hitherto unknown the vast natural resources of your country.

I am, &c.,
(Signed) W. S. Lindsay.

APPENDIX No. 6.

Letter to the Commercial Association, Lisbon.