Introduction
Richard Cobden MP led the fight in the House of Commons to repeal the Corn Laws, which taxed imports of grain in order to shore up Britain’s agriculture industry. The laws caused the price of bread to rise, making the poor poorer; after the laws were repealed, Britain became the manufacturing centre of the world.
HOW can protection, think you, add to the wealth of a country? Can you by legislation add one farthing to the wealth of the country?
You may, by legislation, in one evening, destroy the fruits and accumulation of a century of labour; but I defy you to show me how, by the legislation of this House, you can add one farthing to the wealth of the country.
That springs from the industry and intelligence; you cannot do better than leave it to its own instincts.
If you attempt by legislation to give any direction to trade or industry, it is a thousand to one that you are doing wrong; and if you happen to be right, it is work of supererogation, for the parties for whom you legislate would go right without you, and better than with you.
Précis
Richard Cobden MP gave a speech in the House of Commons in 1846, during the fight to repeal the Corn Laws. He argued that governments cannot make countries richer by legislation: wealth arises from ordinary people inventing things and making them. Regulation, he said, at best brings little benefit, and at worst can wipe out years of growth. (58 / 60 words)
Richard Cobden MP gave a speech in the House of Commons in 1846, during the fight to repeal the Corn Laws. He argued that governments cannot make countries richer by legislation: wealth arises from ordinary people inventing things and making them. Regulation, he said, at best brings little benefit, and at worst can wipe out years of growth.
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Variations: 1.increase the length of this precis to exactly 65 words. 2.reduce the length of this precis to exactly 55 words. 3.introduce one of the following words into the precis: just, may, otherwise, ought, until, whereas, whether, who.
About the Author
Richard Cobden (1804-1865) was the son of a bankrupt Sussex farmer. By a mixture of talent and audacity, Richard rose from sweeping his uncle’s warehouse floor to become a Manchester mill-owner and then Liberal Party MP for Rochdale in Lancashire. He came to prominence in the late 1830s as a vocal critic of London’s panicky and greedy policies towards Russia and later China. Soon afterwards, he emerged as the leader of the Parliamentary rebellion against economic protectionism, i.e. the policy of using sanctions and trade tariffs to ring-fence the profits of domestic corporations and cripple the economies of foreign countries. The Corn Laws, the flagship protectionist policy that had brought thousands close to starvation, were repealed in 1846. The campaign almost ruined him financially, but he recovered and his final triumph was the Cobden-Chevalier Treaty of 1860, a landmark free-trade agreement between Britain and France which put centuries of mistrust behind us. Richard married Catherine Anne Williams, from Wales, in 1840 and they brought up five daughters together.
Archive
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Tags: Liberty and Prosperity (169) Richard Cobden (19) Comment and Opinion (87) Extracts from Literature (614) Political Extracts (142) History (956) British History (493) Victorian Era (138) Free Trade and Markets (37)
Word Games
Sevens Based on this passage
Suggest answers to this question. See if you can limit one answer to exactly seven words.
What is a farthing?
Variations: 1.expand your answer to exactly fourteen words. 2.expand your answer further, to exactly twenty-one words. 3.include one of the following words in your answer: if, but, despite, because, (al)though, unless.
Spinners Find in Think and Speak
For each group of words, compose a sentence that uses all three. You can use any form of the word: for example, cat → cats, go → went, or quick → quickly, though neigh → neighbour is stretching it a bit.
This exercise uses words found in the accompanying passage.
1 Attempt. Good. Thousand.
2 Doing. Instinct. Legislate.
3 Cannot. Intelligence. You.
Variations: 1. include direct and indirect speech 2. include one or more of these words: although, because, despite, either/or, if, unless, until, when, whether, which, who 3. use negatives (not, isn’t, neither/nor, never, nobody etc.)
Statements, Questions and Commands Find in Think and Speak
Use each word below in a sentence. Try to include at least one statement, one question and one command among your sentences. Note that some verbs make awkward or meaningless words of command, e.g. need, happen.
This exercise uses words found in the accompanying passage.
1 Add. 2 Happen. 3 Trade. 4 Attempt. 5 Leave. 6 Show. 7 Work. 8 Destroy. 9 Can.
Variations: 1. use a minimum of seven words for each sentence 2. include negatives, e.g. isn’t, don’t, never 3. use the words ‘must’ to make commands 4. compose a short dialogue containing all three kinds of sentence: one statement, one question and one command
Add Vowels Find in Think and Speak
Make words by adding vowels to each group of consonants below. You may add as many vowels as you like before, between or after the consonants, but you may not add any consonants or change the order of those you have been given. See if you can beat our target of common words.
gt (8+4)
See Words
gait. gate. get. git. goat. got. gout. gut.
agate. gateau. gite. goatee.
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