Blackwood's Edinburgh Magazine, Volume 66, No. 410, December 1849Various
History
Blackwood's Edinburgh Magazine, Volume 66, No. 410, December 1849
Various
England -- Periodicals; Scotland -- Periodicals
Things, however, are now changed. Protection to domestic industry, at
least in agriculture, is at an end; prices are down to forty shillings
the quarter for wheat, and half that sum for oats and barley; the
prices of sheep and cattle have fallen enormously to the home-grower,
though that of meat is far from having declined in the same proportion;
and, as all this has taken place during a season of prices low beyond
example, it is evident that it may be expected to be still greater
when we again experience the usual vicissitudes of bad harvests in
our variable climate. The returns prove that ever since the duties on
foreign grain became nominal, in the beginning of February last, the
importation of corn and flour into Great Britain and Ireland has gone
on steadily at the rate of 1,200,000 quarters a-month; and that now
seven-eighths of the supply of the metropolis, and of all our other
great towns, comes from foreign parts.[28] How British agriculture is
to go on staggering under such a frightful load of foreign importation
into its best markets, it is not difficult to foresee. Every scholar
knows how Italian agriculture decayed, under a similar importation of
grain from the distant provinces of the Roman empire; and how directly
the fall of the empire was owing to that fatal change.
[28] Take as an example the importation into London, from 24th to 29th
September 1849: prices being--wheat, 41s. 9d.; barley. 27s.; oats, 17s.
10d.
FOREIGN. BRITISH.
Qrs. Qrs.
Wheat 18,023 All kinds of
Barley, 8,319 grain.
Oats, 23,408
Beans, 2,620 7,129
-------
52,375
--_Week from Oct. 29 to Nov. 3._
Putting aside all minor considerations, which crowd upon the mind in
considering the probable effects of this prodigious change, there are
three of paramount importance which force themselves on the attention,
any one of which holds the fate of the empire suspended in a doubtful
balance.
Public-domain text, read in full here on John Shaqi.
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