Free trade!

Reginald Reynolds tells us that the Indian ship-building industry "was also doomed, for we read how "the arrival in the Port of London of Indian produce in Indian-built ships created a sensation among the monopolists which could not have been exceeded if a hostile fleet had appeared in the Thames.  The ship-builders of the Port of London took the lead in raising the cry of alarm.....An obliging Government saw to it that the Indian industry perished."{A Popular History of British India,  W. Cooke Taylor, 1842}