[The Monikins by J. Fenimore Cooper]@TWC D-Link bookThe Monikins CHAPTER VIII 8/16
As I closed the letter I could not help dwelling with complacency on the zeal and promptitude with which I had acted--the certain proof of the usefulness of the theory of investments. The second communication was from the manager of an East India property, that very happily came with its offering to fill the vacuum left by the failure of the crops just mentioned.
Sugar was likely to be a drug in the peninsula, and my correspondent stated that the cost of transportation being so much greater than from the other colonies, this advantage would be entirely lost unless government did something to restore the East Indian to his natural equality.
I enclosed this letter in one to my Lord Say and Do, who was in the ministry, asking him in the most laconic and pointed terms whether it were possible for the empire to prosper when one portion of it was left in possession of exclusive advantages, to the prejudice of all the others? As this question was put with a truly British spirit, I hope it had some tendency to open the eyes of his majesty's ministers; for much was shortly after said, both in the journals and in parliament, on the necessity of protecting our East Indian fellow-subjects, and of doing natural justice by establishing the national prosperity on the only firm basis, that of free trade. The next letter was from the acting partner of a large manufacturing house to which I had advanced quite half the capital, in order to enter into a sympathetic communion with the cotton-spinners.
The writer complained heavily of the import duty on the raw material, made some poignant allusions to the increasing competition on the continent and in America, and pretty clearly intimated that the lord of the manor of Householder ought to make himself felt by the administration in a question of so much magnitude to the nation.
On this hint I spake.
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