In 1815 the celebrated Corn Law was passed, which was itself moulded on
the Corn Law of 1670. By the Act of 1815 wheat might be exported upon a
payment of one shilling per quarter customs duty, but the importation of
foreign grain was practically prohibited until the price of wheat in
England had reached eighty shillings a quarter, that is to say, until a
certain price had been secured for the grower of grain at the expense of
all the consumers in this country. It was not permitted to Englishmen to
obtain their supplies from any foreign land, unless on conditions that
suited the English corn-grower's pocket.
We may perhaps make this principle a little more clear, if it be
necessary, by illustrating its working on a small scale and within
narrow limits. In a particular street in London, let us say, a law is
passed declaring that no one must buy a loaf of bread out of that
street, or even round the corner, until the price of bread has risen so
high in the street itself as to secure to its two or three bakers a
certain enormous scale of profit on their loaves. When the price of
bread has been forced up so high as to pass this scale of profit, then
it would be permissible for those who stood in need of bread to go round
the corner and buy their loaves of the baker in the next street; but the
moment that their continuing to do this caused the price of the baker's
bread in their own street to fall below the prescribed limit, they must
instantly take to buying bread within their own bounds and of their own
bakers again. This is a fair illustration of the principle on which the
corn laws were moulded. The Corn Law of 1815 was passed in order to
enable the landowners and farmers to recover from the depression caused
by the long era of foreign war. It was "rushed through" Parliament, if
we may use an American expression; petitions of the most urgent nature
poured in against it from all the commercial and manufacturing classes,
and in vain. Popular disturbances broke out in many places. The poor
everywhere saw the bread of their family threatened, saw the food of
their children almost taken out of their mouths, and they naturally
broke into wild extremes of anger. In London there were serious riots,
and the houses of some of the most prominent supporters of the bill were
attacked. The incendiary went to work in many parts of the country. At
that time it was still the way in England, as it is now in Russia and
other countries, for popular indignation to express itself in the
frequent incendiary fire. At one place near London a riot lasted for two
days and nights; the soldiers had to be called out to put it down, and
five men were hanged for taking part in it.
Public-domain text, read in full here on John Shaqi.
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