Great Britain -- History -- 19th century -- Sources
I am at a loss to understand what protection to agriculture means,
because I find such contradictory accounts given in this House by the
promoters of that system. For instance, nine months ago, when my right
hon. friend the member for Wolverhampton (Mr. Villiers) brought forward
his Motion for the Abolition of the Corn Laws, the right hon.
gentleman, then the President of the Board of Trade, in replying to
him, said that the present Corn Law had been most successful in its
operations. He took great credit to the Government for the steadiness
of price that was obtained under that law. Now recollect that the
right hon. gentleman was speaking when wheat was 56s. a quarter, and
that wheat is now 45s. The right hon. Baronet at the head of the
Government says: “My legislation has had nothing to do with wheat being
at 45s. a quarter”; but how are we to get over the difficulty that the
responsible member of Government at the head of the Board of Trade,
only nine months ago, claimed merit for the Government to have kept
up the price of wheat at 56s.? These discrepancies themselves between
members of the Government and its supporters render it more and more
necessary that this question of protection should be inquired into. I
ask, what does it mean? The price of wheat is 45s. this day. I have
been speaking to the highest authority in England on this point—one
who is often quoted by this House—within the last week, and he tells
me that, with another favourable harvest, he thinks it very likely that
wheat will be 35s. a quarter. What does this legislation mean, or what
does it purport to be, if you are to have prices fluctuating from 56s.
down to 35s. a quarter, and probably lower? Can you prevent it by the
legislation of this House? ...
Public-domain text, read in full here on John Shaqi.
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