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FREE See also: TRADE; CORN See also: LAWS; See also: PROTECTION; TARIFF; See also: ECONOMICS)
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See also: Cobden has See also: left a deep mark on See also: English See also: history, but he was not himself a " scientific economist," and many of his confident prophecies were completely falsified
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As a manufacturer, and with the circumstances of his own See also: day before him, he considered that it was " natural " for See also: Great Britain to manufacture for the See also: world in See also: exchange for her free See also: admission of the more " natural " agricultural products of other countries
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He advocated the repeal of the corn-laws, not essentially in See also: order to make See also: food cheaper, but because it would develop industry and enable the manufacturers to get labour at low but sufficient wages; and he assumed that other countries would be unable to compete with See also: England in manufactures under free trade, at the prices which would be possible for English manufactured products
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" We advocate," he said, " nothing but what is agreeable to the highest behests of Christianity—to buy in the cheapest market, and sell in the dearest." He-believed that the rest of the world must follow England's example: " if you abolish the corn-laws honestly, and adopt free trade in its simplicity, there will not be a tariff in See also: Europe that will not be changed in less than five years " (See also: January 1846)
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His cosmopolitanism—which makes him in the See also: modern Imperialist's eyes a "Little Englander" of the straitest sect—led him to deplore any survival of the colonial See also: system and to hail the removal of ties which bound the See also: mother country to remote dependencies; but it was, in its day, a generous and sincere reaction against popular sentiment, and Cobden was at all events an outspoken advocate of an irresistible See also: British See also: navy
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There were enough inconsistencies in his creed to enable both sides in the See also: recent controversies to claim him as one who if he were still alive would have supported their See also: case in the altered circumstances; but, from the See also: biographical point of view, these issues are hardly relevant
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Cobden inevitably stands for " Cobdenism, " which is a creed largely See also: developed by the modern free-trader in the course of subsequent years
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It becomes See also: equivalent to economic laisser-faire and " Manchesterism," and as such it must fight its own corner with those who now take into consideration many See also: national factors which had no place in the early utilitarian individualistic regime of Cobden's own day
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The See also: standard biography is that by See also: John
See also: Morley (1881)
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Cobden's speeches were collected and published in 1870
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The centenary of his See also: birth in 1904 was celebrated by a See also: flood of articles in the See also: news-papers and magazines, naturally coloured by the new controversy in England over the Tariff Reform See also: movement
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