POLI 354 Chapter : Cobden Cheliver Treaty Summary

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Cobden- chevalier free trade between france and britain. Napoleon iii wanted closer commercial ties with britain. France wanted britain as a political ally and was willing to offer trade concessions in return. Britain kept small tariffs on wine and spirits in exchange for french reduction on many of its tariffs. French wanted cheap access to british coal (removing any limits and prohibiting export duties) Close connections between cobden (british negotiator) and michael. Napoleon iii support for the trade treaty. Walewski (foreign minister ) was replaced by baroche because he was a supporter of protectionist ideology. Kindleberger believes the politics within each country differed: terms of arrangement of proponents and opponents of trade liberalization, and in terms of political institutional arrangements. Hence the explanation for the same policy is explained by the power of liberalism as an ideology spreading across europe: this approach is however difficult.

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