Observations on the Effects of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and General Wealth of the CountryMalthus, T. R. (Thomas Robert)
History
Observations on the Effects of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and General Wealth of the Country
Malthus, T. R. (Thomas Robert)
Corn laws (Great Britain); Grain trade -- Great Britain
Produced by Charles Aldarondo. HTML version by Al Haines.
Observations on the Effects of the Corn Laws,
and of a Rise or Fall in the Price of Corn on the Agriculture
and General Wealth of the Country
by the Rev. T.R. Malthus,
Professor of Political Economy at the
East India College, Hertfordshire.
London: Printed for J. Johnson and Co., St. Paul's Church-Yard.
1814.
Observations, &c. &c.
A revision of the corn laws, it is understood, is immediately to
come under the consideration of the legislature. That the decision
on such a subject, should be founded on a correct and enlightened
view of the whole question, will be allowed to be of the utmost
importance, both with regard to the stability of the measures to be
adopted, and the effects to be expected from them.
For an attempt to contribute to the stock of information necessary
to form such a decision, no apology can be necessary. It may seem
indeed probable, that but little further light can be thrown on a
subject, which, owing to the system adopted in this country, has
been so frequently the topic of discussion; but, after the best
consideration which I have been able to give it, I own, it appears
to me, that some important considerations have been neglected on
both sides of the question, and that the effects of the corn laws,
and of a rise or fall in the price of corn, on the agriculture and
general wealth of the state, have not yet been fully laid before the
public.
If this be true, I cannot help attributing it in some degree to the
very peculiar argument brought forward by Dr Smith, in his
discussion of the bounty upon the exportation of corn. Those who are
conversant with the Wealth of nations, will be aware, that its great
author has, on this occasion, left entirely in the background the
broad, grand, and almost unanswerable arguments, which the general
principles of political economy furnish in abundance against all
systems of bounties and restrictions, and has only brought forwards,
in a prominent manner, one which, it is intended, should apply to
corn alone. It is not surprising that so high an authority should
have had the effect of attracting the attention of the advocates of
each side of the question, in an especial manner, to this particular
argument. Those who have maintained the same cause with Dr Smith,
have treated it nearly in the same way; and, though they may have
alluded to the other more general and legitimate arguments against
bounties and restrictions, have almost universally seemed to place
their chief reliance on the appropriate and particular argument
relating to the nature of corn.
On the other hand, those who have taken the opposite side of the
question, if they have imagined that they had combated this
particular argument with success, have been too apt to consider the
point as determined, without much reference to the more weighty and
important arguments, which remained behind.
Public-domain text, read in full here on John Shaqi.
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