Malthus, T. R. (Thomas Robert), 1766-1834; Malthusianism
1821, p. 186, ch. iv. sect. iii. “That consumption is coextensive with
production.”
Footnote 639:
_Pol. Econ._, III. xiv. “Of excess of supply.” Cf. I. v. § 3, p. 42.
Footnote 640:
A cargo of skates was sent to Rio Janeiro in 1808.
Footnote 641:
The intention of the new Corn Law of 1815 was to keep out all foreign
grain till the home price should reach 80_s._ a quarter, or the loaf
1_s._ See above, p. 221.
Footnote 642:
The article on the Bullion question, in August of the same year, might
be his, if it was not Francis Horner’s. Cf. Horner’s _Life_, vol. i.
ch. vi., dates April and Sept. 1805, from which it appears that Horner
was working hard at the question and meant to write on it, as he might
have done better in 1811, fresh from his experience on the Bullion
Committee. As to the February article, the authorship is shown partly
by internal evidence, partly by Horner’s _Life_, vol. ii. p. 68 (Jan.
1811): “I received Malthus’ MS. from you [Jeffrey] and have since
transmitted it to him with such remarks as occurred to me in perusing
it,” &c. MacCulloch did not begin to write the economical articles for
the _Edin. Rev._ till 1818. See _Notes and Queries_, 5th Oct., 1878.
Footnote 643:
For the history of the currency in the interval see Miss Martineau’s
_Introd. to Hist. of Peace_, Bk. II. ch. iii.; _Hist. of the Peace_,
Bk. I. ch. iii. and ch. xv.; Cobbett’s _Paper v. Gold_; Macleod’s
_Banking_, vol. ii., end of ch. ix. pp. 174–221, much the completest
account.
Footnote 644:
Peel changed his views then on Currency, as he did later on Catholic
Emancipation and the Corn Laws.
Footnote 645:
p. 370. He speaks approvingly of the American free trade in banking in
a way that would have pleased Cobden.
Footnote 646:
p. 371.
Footnote 647:
_E. g._ Horner complains of this even in so clear a paper as that on
Newenham. See Horner’s _Life_, vol. i. pp. 436–7 (_sub dato_ 1808).
Footnote 648:
_Works_ (ed. MacC.), pp. 291–296.
Footnote 649:
Ricardo, _Works_ (MacC.), p. xxi.
Footnote 650:
Cf. below, Bk. V.
Footnote 651:
Horner’s _Life_, vol. ii. p. 68 (Jan. 1811).
Footnote 652:
_Thoughts and Details on High and Low Prices during the last Thirty
Years, 1793–1823._ The later ed. of 1838 in three vols. is more
valuable.
Footnote 653:
_Political Register_, 30th Nov., 1816.
Footnote 654:
Internal evidence, _e. g._ p. 237 of the _Quarterly_, compared with p.
65 of _Measure of Value_, would show his authorship, and the article
is ascribed to him by Tooke, _Prices_, ed. 1838, vol. i. p. 21.
Footnote 655:
_l. c._ pp. 215–16.
Footnote 656:
Bosanquet, _Practical Observations on the Report of the Bullion
Committee_ (1810); Ricardo, _The High Price of Bullion a Proof of the
Depreciation of Bank-Notes_ (1809), and his _Reply to Bosanquet_
(1811).
Footnote 657:
Public-domain text, read in full here on John Shaqi.
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