The matter is, therefore, very materially simplified. We are justified
in holding that henceforth, under the system of free ports, the
average price of the quarter of wheat in England will not exceed 40s.,
and may possibly be much lower when the resources of the Continent
and America, both aware of their market, are fully developed. In
Scotland, the average must necessarily be two or three shillings less.
A corresponding fall has taken place, and will continue, in all other
kinds of cereal crop and of provisions. If these data are admitted--and
a very short period will now suffice to establish or refute their
accuracy--the agricultural question may be discussed without any
specialities whatever. Every man throughout the country will have the
means of forming his judgment upon the actual working of the measure,
and its effect, both direct and indirect, upon all branches of British
industry. It is most desirable, on every account, that there should
be no mistake as to this. Our opponents--perhaps naturally enough
exasperated at the prolongation of a combat in which they have been
uniformly worsted when the weapons of argument were employed, and being
moreover aware, from symptoms which are everywhere, manifested, that
the period of delusion is nearly gone by--have over and over again
charged the country party and its chiefs with a desire to cut short
the experiment, before its results were sufficiently apparent. We need
hardly say that the charge is utterly unfounded. We have no wish to
precipitate matters, or to effect by a _coup-de-main_ that alteration
which never can be permanent unless based on the conviction of the
majority of the constituencies of the Empire. We have no desire to take
a leaf from the book of recent statesmen, and to induce members of
Parliament to act contrary to those declarations on the faith of which
they were returned. But we are entitled--nay, we are bound--to watch
the experiment as it proceeds, and ever and anon to declare our honest
and sincere opinion as to the nature of its working. We cannot shut our
eyes to the vast injury which it is causing, and has already caused, to
a most important and numerous class of our fellow-countrymen; we cannot
reconcile ourselves to the operation of a system which has undoubtedly
disappointed the expectations even of its founders. We have,
therefore, whenever that was needful, expressed our opinion without
any reservation whatever; and we shall continue to do so, not the less
confidently because the views which we entertain are now openly adopted
and received by many who were heretofore unwilling to disturb a course
of legislation which had been deliberately sanctioned by the State.
Public-domain text, read in full here on John Shaqi.
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