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
About this time wool had fallen much in price: 'Has nobody told you,'
writes a west country farmer to his absentee landlord in 1737, 'that
wool has fallen to near half its price, and that we cannot find
purchasers for a great part of it at any price whatsoever. When most
of our estates (farms) were taken wool was generally 7d., 8d., or more
by the pound; the same is now 4d. and still falling.'[400] But the
latter price was exceptionally low; Smith[401] gives the following
average prices per tod of 28 lb.:
1706 17s. 6d.
1717-8 23s. to 27s.
1737-42 11s. to 14s.
1743 20s.
1743-53 24s.
After 1753 it fell again, largely owing to the great plague among
cattle, which brought about a 'prodigious increase of sheep'[402];
and about 1770 Young[403] favoured corn rather than wool, for there
was always a market for the former, but the foreign demand for cloth
was diminishing, especially in the case of France, besides prohibition
of export kept down the price.[404] Yet although wool was being
deserted for corn it had in Young's time 'been so long supposed the
staple and foundation of all our wealth, that it is somewhat dangerous
to hazard an opinion not consonant to its encouragement'.
At the end of the century, however, there was a rapid increase in the
price, partly due to increased demand by spinners and weavers who,
owing to machinery, were working more economically; and partly to the
enclosure of commons, and the ploughing up of land for corn.[405]
Public-domain text, read in full here on John Shaqi.
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