The capitalist was
encouraged
to make this attempt by the grant of
special privileges of manufacture for a limited period.
special privileges of manufacture for a limited period.
Ben Jonson - The Devil's Association
72.
[71] _Ibid. _, p. 66.
[72] _Every Man in_, _Wks. _ 1. 35.
2. _The Monopoly System_
Jonson's severest satire in _The Devil is an Ass_ is directed against
the projector. Through him the whole system of Monopolies is indirectly
criticised. To understand the importance and timeliness of this attack,
as well as the poet's own attitude on the subject, it is necessary to
give a brief historical discussion of the system as it had developed
and then existed.
Royal grants with the avowed intention of instructing the English in
a new industry had been made as early as the fourteenth century,[73]
and the system had become gradually modified during the Tudor dynasty.
In the sixteenth century a capitalist middle class rose to wealth and
political influence. During the reign of Elizabeth a large part of
Cecil's energies was directed toward the economic development of the
country. This was most effectually accomplished by granting patents to
men who had enterprise enough to introduce a new art or manufacture,
whether an importation from a foreign country or their own invention.
The capitalist was encouraged to make this attempt by the grant of
special privileges of manufacture for a limited period. [74] The
condition of monopoly did not belong to the mediaeval system, but was
first introduced under Elizabeth. So far the system had its economic
justification, but unfortunately it did not stop here. Abuses began to
creep in. Not only the manufacture, but the exclusive trade in certain
articles, was given over to grantees, and commodities of the most
common utility were 'ingrossed into the hands of these blood-suckers
of the commonwealth. [75] A remonstrance of Parliament was made to
Elizabeth in 1597, and again in 1601, and in consequence the Queen
thought best to promise the annulling of all monopolies then existing,
a promise which she in large measure fulfilled. But the immense growth
of commerce under Elizabeth made it necessary for her successor, James
I. , to establish a system of delegation, and he accordingly adapted
the system of granting patents to the existing needs. [76] Many new
monopolies were granted during the early years of his reign, but in
1607 Parliament again protested, and he followed Elizabeth's example by
revoking them all. After the suspension of Parliamentary government in
1614 the system grew up again, and the old abuses became more obnoxious
than ever. In 1621 Parliament addressed a second remonstrance to James.
The king professed ignorance, but promised redress, and in 1624 all the
existing monopolies were abolished by the Statute 21 James I. c. 3. In
Parliament's address to James 'the tender point of prerogative' was
not disturbed, and it was contrived that all the blame and punishment
should fall on the patentees. [77]
Of all the patents granted during this time, that which seems to have
most attracted the attention of the dramatists was one for draining the
Fens of Lincolnshire.
[71] _Ibid. _, p. 66.
[72] _Every Man in_, _Wks. _ 1. 35.
2. _The Monopoly System_
Jonson's severest satire in _The Devil is an Ass_ is directed against
the projector. Through him the whole system of Monopolies is indirectly
criticised. To understand the importance and timeliness of this attack,
as well as the poet's own attitude on the subject, it is necessary to
give a brief historical discussion of the system as it had developed
and then existed.
Royal grants with the avowed intention of instructing the English in
a new industry had been made as early as the fourteenth century,[73]
and the system had become gradually modified during the Tudor dynasty.
In the sixteenth century a capitalist middle class rose to wealth and
political influence. During the reign of Elizabeth a large part of
Cecil's energies was directed toward the economic development of the
country. This was most effectually accomplished by granting patents to
men who had enterprise enough to introduce a new art or manufacture,
whether an importation from a foreign country or their own invention.
The capitalist was encouraged to make this attempt by the grant of
special privileges of manufacture for a limited period. [74] The
condition of monopoly did not belong to the mediaeval system, but was
first introduced under Elizabeth. So far the system had its economic
justification, but unfortunately it did not stop here. Abuses began to
creep in. Not only the manufacture, but the exclusive trade in certain
articles, was given over to grantees, and commodities of the most
common utility were 'ingrossed into the hands of these blood-suckers
of the commonwealth. [75] A remonstrance of Parliament was made to
Elizabeth in 1597, and again in 1601, and in consequence the Queen
thought best to promise the annulling of all monopolies then existing,
a promise which she in large measure fulfilled. But the immense growth
of commerce under Elizabeth made it necessary for her successor, James
I. , to establish a system of delegation, and he accordingly adapted
the system of granting patents to the existing needs. [76] Many new
monopolies were granted during the early years of his reign, but in
1607 Parliament again protested, and he followed Elizabeth's example by
revoking them all. After the suspension of Parliamentary government in
1614 the system grew up again, and the old abuses became more obnoxious
than ever. In 1621 Parliament addressed a second remonstrance to James.
The king professed ignorance, but promised redress, and in 1624 all the
existing monopolies were abolished by the Statute 21 James I. c. 3. In
Parliament's address to James 'the tender point of prerogative' was
not disturbed, and it was contrived that all the blame and punishment
should fall on the patentees. [77]
Of all the patents granted during this time, that which seems to have
most attracted the attention of the dramatists was one for draining the
Fens of Lincolnshire.
