A Short History of English AgricultureCurtler, W. H. R. (William Henry Ricketts)
History
A Short History of English Agriculture
Curtler, W. H. R. (William Henry Ricketts)
Agriculture -- England -- History
Between 1617 and 1621 the price of wheat fell from 43s. 3d. to 21s. a
quarter, and immediately affected the payment of rent.[303] Mr. John
Chamberlain, in February, 1620, wrote to Sir Dudley Carleton, 'We are
here in a strange state to complain of plenty, but so it is that corn
beareth so low a price that farmers are very backward to pay their
rents and in many places plead disability: for remedy whereof the
Council have written letters into every shire to provide a granary
with a stock to buy corn and keep it for a dear year.' Sir Symonds
D'Ewes notes in his diary that 'at this time (1621) the rates of all
sorts of corn were so extremely low as it made the very prices of land
fall from twenty years' purchase to sixteen or seventeen. For the best
wheat was sold for 2s. 8d. and 2s. 6d. the bushel, the ordinary at 2s.
Barley and rye at 1s. 4d. and 1s. 3d. the bushel, and the worser of
those grains at a meaner rate, the poorer sort that would have been
glad but a few years before of coarse rye bread, did now usually
traverse the markets to find out the finer wheats as if nothing else
would please their palates'. Instead of being glad that they were for
once having a small share of the good things of this world, he
rejoices that their unthankfulness and daintiness was soon punished by
high prices and dearness of all sorts of grain.[304] The year 1630 was
the commencement of a series of dear seasons, when for nine
consecutive years the price of wheat did not fall below 40s. a quarter
and actually touched 86s. The restraints laid on corn-dealers had,
since the principles of commerce were being better understood, been
modified in 1624, but the high prices revived the old hatred against
them, and we find Sir John Wingfield writing from Rutland that he has
'taken order that ingrossers of corne shall be carefullie seen unto
and that there is no Badger (corn-dealer) licensed to carry corne out
of this countrye nor any starch made of any kind of graine'. He adds
that he had 'refrayned the maulsters from excessive making of mault,
and had suppressed 20 alehouses'.[305] However, the senseless policy
of preventing trade in corn received a severe blow from the statute 15
Car. II, c. 7, which enacted that when corn was under 48s. persons
were to be allowed to buy and store corn and sell the same again
without penalty, provided they did not sell it in the same market
within three months of buying it, a statute which Adam Smith said
contributed more to the progress of agriculture than any previous law
in the statute book.
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