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ROBERT TORRENS (1780-1864)

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Originally appearing in Volume V27, Page 60 of the 1911 Encyclopedia Britannica.
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ROBERT TORRENS (1780-1864)  ,
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English soldier and economist, was born in Ireland in 1780 . He entered the Marines in 1797, became a captain in 18o6, and major in 1811 for bravery in
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Anhalt during the Walcheren expedition . He fought in the Peninsula, becoming
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lieutenant-colonel in 1835 and retiring as colonel in 1837 . After abortive attempts to enter parliament in 1818 and 1826, he was returned in 1831 as member for Ashburton . He was a prolific writer, principally on
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financial and commercial policy . Almost the whole of the
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pro-gramme which was carried out in legislation by
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Sir Robert Peel had been laid down in his economic writings . He was an early and earnest advocate of the repeal of the corn
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laws, but was not in favour of a general
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system of absolute
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free trade, maintaining that it is expedient to impose retaliatory duties to countervail similar duties imposed by
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foreign countries, and a lowering of import duties on the productions of countries retaining their hostile tariffs would occasion a decline in prices, profits and wages . His
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principal writings of a general character were: The Economist [i.e . Physiocrat] refuted (18o8) ; Essay on the Production of
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Wealth (1821); Essay on the
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External Corn-trade (eulogized by Ricardo) (1827); The Budget, a Series of Letters on Financial, Commercial and Colonial Policy (1841–1843); The Principles and
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Practical Operations of Sir Robert Peel's Act of x844 Explained and Defended (1847) .

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