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Encyclopedia Britannica



TORRENS, ROBERT (1780-1864)

This article appears in Volume V27, Page 60 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: TOO-TUM
TORRENS, ROBERT (1780-1864) , 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 Anhalt during the Walcheren expedition. He fought in the Peninsula, becoming 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
financial
  and commercial policy. Almost the whole of the pro-gramme which was carried out in legislation by Sir Robert Peel had been laid down in his economic writings. He was an early and
earnest
  advocate of the repeal of the corn
laws
 , but was not in favour of a general system of absolute free trade, maintaining that it is expedient to impose retaliatory duties to countervail similar duties imposed by 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 principal writings of a general character were: The Economist [i.e. Physiocrat] refuted (18o8) ; Essay on the Production of Wealth (1821); Essay on the External Corn-trade (eulogized by
Ricardo
 ) (1827); The Budget, a
Series
  of Letters on
Financial
 , Commercial and Colonial Policy (18411843); The Principles and
Practical
  Operations of Sir Robert Peel's Act of x844 Explained and Defended (1847).


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