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" "What, then, is the result of this part of the treaty, so wisely, and with so much sincere love on the part of England clamoured against by noble lords? Why this. You have generously given America, with whom every call under Heaven urges you to stand on the footing of brethren, a share in a trade, the monopoly of which you sordidly preserved to yourselves, at the loss of the enormous sum of 750,000l. Monopolies, some way or other, are ever justly punished. They forbid rivalry, and rivalry is of the very essence of the well-being of trade.
William Petty Fitzmaurice, 1st Marquess of Lansdowne KG PC (2 May 1737 – 7 May 1805; known as the Earl of Shelburne between 1761 and 1784, by which title he is generally known to history), was an Anglo-Irish Whig statesman who was the first home secretary in 1782 and then prime minister from 1782 to 1783 during the final months of the American War of Independence, in which he negotiated the Treaty of Paris with the United States. He succeeded in securing peaceful United Kingdom–United States relations and this feat remains his most notable legacy.
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Deprived of America, we must sink into a petty state, when compared to some of the great powers on the continent. Holding America in a state of unconstitutional subjection, we would shortly become slaves, or at least hold the mere shadow of our former liberties, at the will and pleasure of the crown, and its subordinate instruments. Having thus explained his present opinions and future apprehensions, he said, he would sit down with this open declaration, that he never would serve with any man, be his abilities what they might, who would either maintain it was right, or consent to acknowledge the independency of America.
'Tis you, Sir, alone, in everybody's opinion, can put an end to this anarchy, if any thing can. I am satisfied your own judgment will best point out the time when you can do it with most effect. You will excuse me, I am sure, when I hazard my thoughts to you, as it depends greatly upon you, whether they become opinions; but, by all I find from some authentic letters from America, nothing can be more serious than its present state, and though it is my private opinion, it would be well for this country to be back where it was a year ago, I even despair of a repeal effecting that; if it is not accompanied with some circumstances of a firm conduct, and some system immediately following such a concession.
He was of opinion that some precaution was necessary, and these admissions, he trusted, would at least be sufficient to exempt him from the charge of Jacobinism.—But the present bills appeared to him greatly to overshoot the mark. The circumstances did not warrant such an inroad on the constitution.