6 Onan Increase of Agricultural Capital,&.[3au.
tend that they will not likewise augment that of grain; or will he say that corn is not of infinitely greater conzequence, to the cowbmunity at large, than sugar,&Cc.:
A great revenue is undonbtedly raized from augar and cotton goods; but is not a much greater raised from land? And Shall that be refused to the Britieh landholder which is
ranted 80 the proprietors of the West Indies, and the manu- Ae of Manchester and Gasgow?|
The bounty, however, which our legislators have granted upon the exportation of Britih corn, is considered by R. W. a3 jnadequate to the object. Surely, Sir, he will not con- tend, that our Surplus quantities,. in very fruitfül Seasons, cannot be more ädvantageousiy exported witb, than without, the bounty. Perhaps this bounty is not 50 great as it ought to be; and in very plentiful years, Suppesing we could pare a part, the Britieh farmer might be under the necesszity of Selling his grain at a price lower than that for which he cau afford to raise it- Still, however, the government allow ance of five 5hillings per quarter on wheat would prevent that depression which would be felt if no bounty were Pay- able.
But when are we to expect 30 great a produce as to bg able to Supply ourselves and export.a part ef our corn?=- When we Jook at the cixeumstances of this country for the Jast forty of fifty years, it appears that our increased popu- Jation and consainption have So greatly exceeded o43r in- crecased production, that we cannot Support ourselves without great importations of foreign grain; exportation, therefore, 15 out of the question.« It is in proof, tbat 1hese importations have taken place(and may again take. place) when the prices of wheat in the Britizh markets were from forty-eight to about fifty-one Shillings per quarter; yet R. W. admits that he Britieh Fariner cannot raize wheat under fifty-5ix Shillings per quarter» I follows, then, from his own Statement, hat bis favourite systein--a/free trade-=-would be ruinous to the eul- vüvators of our lands:-
It cannot ve denied, that.great quantities of foreign wheat
*bave been brought into this. covatry, wben(as 1 have just,.
Stäted).that of our own growth could not be Sold higher thau forty-eight to about fifty-one Shillings per quarter. And. why did Britih wheat bring tbese: prices? Not because that Sort of grain could not'be purchased abroad, 30 as to be offered at a Jower-rate in our markets, but because our ports.con« tinved stuat-uüll: these'prices could be obtained for our own produce. y paa R.W. does not Seem aware of the low prices at which e31n can generally be bought ia the north of Germany, and
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