Divergent views of capitalists at home principle of an entire free trade with the colonies, many capitalists of England, and, especially, the shipowners, viewed with great alarm the total abandonment of what was known as our "colonial system," and declared their apprehension that such a change would throw the carrying trade into the hands of the United States. Clinging to Protection, they said, in their memorials to Parliament, "that the only remaining thing connected with our whole important and most magnificent colonial system, which enabled us to baffle the efforts of the whole world united against us, was that part of the system under which the produce of the colonies was obliged to be brought to this country in British ships." These alarmists declared that such a relaxation as the colonists now demanded would ruin them inevitably. Regarding every concession which had been made to the Americans during the preceding half century, having as it had for its object increased intercourse with the West Indies, as a pernicious policy, tending to injure British colonies and to encourage American trade, they alleged that the protection of the colonies had not been carried far enough; that British shipowners could not exist without Protection; that the uncertainty prevailing with respect to the Navigation Laws was productive of injury to the country, as no persons would embark capital in shipping; and, further, that, as regarded the West Indies, it was not the general wish of the colonists that the Navigation Laws should be repealed.
Views of Manchester and Liverpool. In this controversy, the important cities of Manchester and Liverpool each took also a very different view. The great Free-traders of the former desired the
