The effect upon prices was immediate. The planters were forced to take for their crops half of what they had formerly received and had reason for rejoicing if they could dispose of it at all. In 1662 Governor Berkeley and other leading citizens stated that the price of tobacco had fallen so low that it would not "bear the charge of freight and customs, answer the adventure, give encouragement to the traders and subsistence to the inhabitants."[5-9] In 1666 Secretary Thomas Ludwell told Lord Arlington that tobacco was "worth nothing."[5-10] Later in the same year the planters complained that the price was so low that they were not able to live by it.[5-11] "For the merchants, knowing both our necessities and the unconsumable quantities of tobacco we had by us," they said, "gave us not the twentieth part of what they sold it for in England."[5-12] Tobacco had so glutted the markets, it was declared, and brought the planter so small a return, that he could "live but poorly upon it." In fact, the merchants in 1666 had left the greater part of the two preceding crops upon their hands.[5-13] "Twelve hundred pounds of tobacco is the medium of men's crops," wrote Secretary Ludwell to Lord John Berkeley in 1667, "and half a penny per pound is certainly the full medium of the price given for it, which is fifty shillings out of which when the taxes ... shall be deducted, is very little to a poor man who hath perhaps a wife and children to cloath and other necessities to buy. Truly so much too little that I can attribute it to nothing but the great mercy of God ... that keeps them from mutiny and confusion."[5-14] The following year he wrote in similar vein. The market was glutted; a third of the planters' tobacco was left on their hands; the rest sold for nothing.[5-15] The Governor and Council declared that the merchant "allows not much above a farthing a pound for that which the planter brings to his door. And if there shall be any amongst us who shall be able to ship his tobacco on his own account, it will be at such a rate as the tobacco will never repay him, since they are inforced to pay from £12 to £17 per ton freight, which usually was but at seven pounds."[5-16] "A large part of the people are so desperately poor," wrote Berkeley in 1673, "that they may reasonably be expected upon any small advantage of the enemy to revolt to them in hopes of bettering their condition by sharing the plunder of the colony with them."[5-17] That matters had not changed in 1681 is attested by the statement of the Council that the impossibility of disposing of their tobacco without a heavy loss overwhelmed both Virginia and Maryland, and brought upon them a "vast poverty and infinite necessity."[5-18] "The low price of tobacco staggers the imagination," Lord Culpeper wrote to Secretary Coventry, "and the continuance of it will be the speedy and fatal ruin of this noble Colony."[5-19]