Free Trade Party

The Free Trade Party which was officially known as the Australian Free Trade and Liberal Association, also referred to as the Revenue Tariff Party in some states and renamed the Anti-Socialist Party in 1906, was an Australian political party, formally organised between 1889 and 1909. It advocated the abolition of protectionism, especially protective tariffs and other restrictions on trade, arguing that this would create greater prosperity for all. However, many members also advocated use of minimal tariffs for government revenue purposes only.

The party was centred on New South Wales, where its leaders were Sir Henry Parkes and Sir George Reid. It dominated New South Wales colonial politics before federation.

In the elections for the first Commonwealth Parliament, the Free Traders, who campaigned in some states as the "revenue tariff party", formed the second largest group in the Australian House of Representatives, with 25 seats. Reid became the Parliament's first Opposition Leader with William McMillan as his deputy, later becoming Prime Minister in 1904-05. Joseph Cook became deputy leader of the party on McMillan's retirement in 1903.

A separate Tasmanian Revenue Tariff Party contested the 1903 federal election in Tasmania and won two seats but also sat and merged with the Free Trade Party in federal parliament.

After the question of tariffs had largely been settled, Reid cast around for another cause to justify his party's existence. He settled on opposition to socialism, criticising both the Australian Labor Party and the support offered to it by the Protectionist Party, led by Alfred Deakin. The Free Trade Party was eventually renamed the Anti-Socialist Party (ASP) before the 1906 federal election. The Labor Party and the FTP/ASP continued to grow in electoral strength at the expense of the Protectionist vote. Some Protectionists continued their exodus to Labor and the ASP.

Reid retired in 1908, with the party leadership passed to Joseph Cook, who agreed to merge with the Protectionists to become the Commonwealth Liberal Party in 1909.

Other articles related to "party, free trade party":

Australian Federal Election, 1903 - Significance
... The election saw the Labour party make significant gains outside New South Wales and Victoria ... were able to retain their minority government with the qualified support of the Labour Party, the equal numbers would see a record three changes of government over the course of the Parliamentary term, with ... The Free Trade Party was again led by George Reid ...
Australian Federal Election, 1903
... The incumbent Protectionist Party led by Prime Minister of Australia Alfred Deakin defeated the opposition Free Trade Party led by George Reid ... of Reps 1903–06 (FPTP) — Turnout 50.27% (Non-CV) — Informal 2.50% Party Votes % Swing Seats Change Free Trade Party 247,774 34.37 +4.33 24 −4 (4 ...
Liberalism In Australia - The Timeline - From Protectionist Party and Free Trade Party To (Commonwealth) Liberal Party
... 1880s The Protectionist Party and Free Trade Party are formed. 1906 The Free Trade Party is renamed the Anti-Socialist Party. 1908 The Protectionists and Anti-Socialists merge into the Commonwealth Liberal Party (The Fusion) ...
List Of New South Wales Legislative Elections
... The first two major parties to form were the Free Trade Party and the Protectionist Party ... The 1887 election saw the 79 members of the Free Trade Party elected form the government with the 37 elected Protectionist Party members form the opposition ... The next election saw the Free Trade Party retain government but with a reduced majority ...

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