Illustrations of political economy, Volume 7 (of 9)Martineau, Harriet
General
Illustrations of political economy, Volume 7 (of 9)
Martineau, Harriet
Didactic fiction, English; Political fiction, English; Social problems -- Fiction
The intelligence which caused all this bustle related to what the House
of Commons had been doing and planning about the corn-laws—a House of
Commons which had the year before barely managed to retain the
confidence of the manufacturing classes by throwing out the suggestion
of a Committee of its own, that the prices to which corn must arrive at
home before importation was permitted should be very much raised. A
proposal like this, made at a time when the home price was at least
112_s._ per quarter, showed so determined an intention on the part of
the proposers to render their country wholly self-dependent in the
article of food, (_i. e._ to limit the population and wealth of the
country to a certain bound, which should be agreeable to the
landowners,) that the only chance the House of Commons had of preserving
the allegiance of the bulk of the people was by rejecting the proposal;
and the proposal had been accordingly rejected. The watchfulness of the
people had not, however, been lulled. Their subsequent brief enjoyment
of cheap food had strengthened their vigilance over the operations of
the Commons’ House; and they were the more intent as they knew that the
landowners were suffering cruelly from the reduction of their rents and
the deterioration of their estates; and that these landlords would
probably attribute their losses to the late admission of foreign corn,
rather than to the true cause,—the previous system of restriction. The
event proved such vigilance to be very needful. The late fall of prices
had disclosed an appalling prospect to the owners of land. They found
that their extraordinary methods of legislation had exposed their
country to a much more extensive dependence on foreign supplies than
they had attempted to obviate, and that they had been working hard to
reduce their own rents, and hurt their own estates, by the very means
they had taken to enrich themselves. During such a remarkably fruitful
season as the present (the natural follower of several bad seasons) the
supply would be so plentiful as to cause the poorer soils to be thrown
back into pasturage, the demand meantime increasing (as it had been for
some time increasing) up to the maximum supply; so that on the first
occurrence of a merely average season, the nation would be more
dependent on a foreign supply than it had ever been before. Under this
panic, the House voted a series of resolutions, declaring it expedient
to let exportation alone, and to impose very high duties on importation.
The news of the passing of these resolutions, and of the preparation of
two bills founded upon them, was that which stirred up all England to
remonstrance, and occasioned the Yorkshire graziers to leave their
droves in the fair, and the corn-dealers to quit their resort in the
market, to hear what would be said by the manufacturers who came forth
from their desks, the artificers who poured in from the enjoyment of
Public-domain text, read in full here on John Shaqi.
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