I do ask the right hon. Baronet what is the meaning of overproduction? It means that too much is produced; and what can be thought of a country which… - Richard Cobden

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I do ask the right hon. Baronet what is the meaning of overproduction? It means that too much is produced; and what can be thought of a country which produces so much, and where the great mass of the inhabitants possess so little? Does it not show that there is some mal-distribution of production? It is because we have lost sight of that science which teaches the right distribution of wealth...Those who are so fond of laughing at political economy, forget that they have a political economy of their own; and what is it? That they will monopolise to themselves the fruits of the industry of the great body of the community—that they allow the productions of the spindle and the loom to go abroad to furnish them with luxuries from the farthest corners of the world, but refuse to permit to be brought back in exchange what would minister to the wants and comforts of the lower orders. This, in one word, is the true reason why the mass of the people is at this time so wretchedly clothed and so miserably fed.

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About Richard Cobden

(3 June 1804 – 2 April 1865) was a British manufacturer and Radical and Liberal statesman, associated with John Bright in the formation of the .

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No man can defend or palliate such conduct as that of Smith O'Brien and his confederates. It would be a mercy to shut them up in a lunatic asylum. They are not seeking a repeal of the legislative union, but the establishment of the Kings of Munster and Connaught! But the sad side of the picture is in fact that we are doing nothing to satisfy the moderate party in Ireland, nothing which strengthens the hands even of John O'Connell and the priest party, who are opposed to the 'red republicans' of the Dublin clubs. There seems to be a strong impression here that this time there is to be a rebellion in Ireland. But I confess I have ceased to fear or hope anything from that country. Its utter helplessness to do anything for itself is our great difficulty. You can't find three Irishmen who will co-operate together for any rational object.

I cannot believe that the gentry of England will be made mere drumheads to be sounded upon by a Prime Minister to give forth unmeaning and empty sounds, and to have no articulate voice of their own. No! You are the gentry of England who represent the counties. You are the aristocracy of England. Your fathers led our fathers: you may lead us if you will go the right way. But, although you have retained your influence with this country longer than any other aristocracy, it has not been by opposing popular opinion, or by setting yourselves against the spirit of the age. In other days, when the battle and the hunting-fields were the tests of manly vigour, why, your fathers were first and foremost there. The aristocracy of England were not like the noblesse of France, the mere minions of a court; nor were they like the hidalgoes of Madrid, who dwindled into pigmies. You have been Englishmen. You have not shown a want of courage and firmness when any call has been made upon you. This is a new era. It is the age of improvement, it is the age of social advancement, not the age for war or for feudal sports. You live in a mercantile age, when the whole wealth of the world is poured into your lap. You cannot have the advantages of commercial rents and feudal privileges; but you may be what you always have been, if you will identify yourselves with the spirit of the age. The English people look to the gentry and aristocracy of their country as their leaders. I, who am not one of you, have no hesitation in telling you, that there is a deep-rooted, an hereditary prejudice, if I may so call it, in your favour in this country. But you never got it, and you will not keep it, by obstructing the spirit of the age.

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With regard to certain other fallacies with which the farmers have been beset, and latterly more so than ever; the farmer has been told that if there was a free trade in corn, wheat would be so cheap, that he would not be able to carry on his farm. He is directed only to look at Dantzic, where corn, he is told, was once selling at 15s. 11d. per quarter, and on this the Essex Protection Society put out their circulars, stating that Dantzic wheat is but 15s. 11d. per quarter, and how would the British farmer contend against this? ...As far as I can obtain information from the books of merchants, the cost of transit from Dantzic, during an average of ten years, may be put down at 10s. 6d. a quarter, including in this, freight, landing, loading, insurance, and other items of every kind. This is the natural protection enjoyed by the farmers of this country.

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