Blackwood's Edinburgh Magazine, Volume 67, No. 411, January 1850Various
History
Blackwood's Edinburgh Magazine, Volume 67, No. 411, January 1850
Various
England -- Periodicals; Scotland -- Periodicals
Now, we are not aware that Sir Robert Peel has ever _directly_
retracted these opinions, although many passages might be
quoted from his speeches to show that he considered increased
cheapness--the necessary result of his free-trade measures--some
sort of compensation for the probable decline in the value of
agricultural produce. But the income-tax and increased public
burdens may fairly be set against any saving on the ground of
cheapness, and the question remains precisely where it was before.
The averages of sixteen years, excluding extraordinary impulses to
an unnatural rise or fall, entitle us to assume that the British
farmer cannot raise wheat profitably at lower prices than 56s.
per quarter; and Sir Robert Peel, whatever may be the effect of
his subsequent measures, once gave his solemn guarantee that,
when prices should fall below 51s., there should be no foreign
competition.
We have no desire to rake up old matters of discussion, or to
reflect upon pledges which may either have lapsed or been broken.
Our present business with Sir Robert is simply to have his evidence
as to the remunerating prices of corn, and that evidence we have
stated above. We are, therefore, entitled to assume that any great
and permanent decline of prices, following upon increased foreign
imports, must have a most deleterious effect upon the agriculture
of the country, unless some remedy can be found which shall lessen
the cost of production. As usual, there is no lack of volunteers
to suggest remedies. Dr Buckland, of iguanodon and icthyosaurus
celebrity, discourses learnedly of subsoils and manures, and offers
to show how acres of wheat may be raised upon soils hitherto
yielding no other crop than rushes, ling, or heather. It is the
misfortune of scientific men that they live in a world of their
own; for, had the learned fossilist been aware of what has been
passing around for the last twenty years, he would have known that
no sane person ever questioned the truth of his assertions. With
the aid of draining, manure, and other artificial appliances, corn
may be grown almost anywhere within the compass of the British
islands. No man disputes that. The simple question is: Will the
corn, when grown, yield a fair return for the expenses attendant
upon its growth? Until the geologists and chemists have acquired
so much real practical knowledge as to be able to answer this
query satisfactorily, they will best consult the public interest
by confining themselves to their quarries and their laboratories.
That agriculturist who should deny the advantages which his own
science has derived from the aid of chemistry, would not only be
an ungrateful, but an exceedingly unreasonable man; nevertheless,
he cannot be charged with either ingratitude or folly if, after
calculating the cost of the productive agent, and the value of the
produce, he declines to expend his capital in forced improvements,
which at the end of the year, and with diminished prices, must leave
Public-domain text, read in full here on John Shaqi.
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