Essays And Addresses, 1900-1903 ..

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Essays And Addresses, 1900-1903 ..
Avebury, John, Sir 1834-1913
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Chamberlain and others. They have not shaken my faith in Free Trade, but I have taken some things for granted which, to my surprise, I now see are questioned. October 30, 1903.
140 Digitized by CjOOQ IC Position of British Commerce 141 with the adoption of our free trade policy. For the first fifty years of the last century our trade showed but slow progress. After free trade was adopted it went up by leaps and bounds.
Those, however, who take a gloomy view of our commercial position generally
...complain that our ex- ports are failing off compared with those of other countries. Have we then in this respect any reason for discouragement ?
The average value of our domestic exports in the five years ending 1805 was £39,000,000, and in the five years ending 1850 was £61,000,000, an increase of about £22,000,000 in fifty years. In the five years ending 1900 they were £253,000,000, an in- crease in the next fifty years of no less than £192,000,000. Moreover, if we take the figures every five years the result comes out even more clearly.


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