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Front Page arrow Titles (by Subject) arrow WAREHOUSING BILL 21 March 1823 - The Works and Correspondence of David Ricardo, Vol. 5 Speeches and Evidence

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WAREHOUSING BILL 21 March 1823 - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 5 Speeches and Evidence [1819]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 5 Speeches and Evidence 1815-1823.

Part of: The Works and Correspondence of David Ricardo, 11 vols (Sraffa ed.)

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


WAREHOUSING BILL
21 March 1823

Mr. Wallace introduced a measure to permit foreign manufactures and produce to be deposited in British warehouses and taken out for exportation without payment of duty [cp. above, p. 220].

Mr. Ricardo was of opinion, that the bill was founded on a sound and judicious principle, and one which ought to prevail throughout our commercial code. The country was greatly indebted to the right hon. gentleman for his efforts to liberalize the system of trade. It was impossible to make a law which would not interfere with the interests of some classes; but the one before the House, while it was calculated to advance the public welfare, interfered as little as possible with particular interests.

On 2 April the bill was passed.