THE enactment of a new and more stringent Corn Law was the most important proceeding of our Parliament this year. In the early years of our commercial history, prohibitions were laid upon the exportation of corn, but these were gradually relaxed, and in 1688 a bounty of 5s. per quarter was offered, on exportation, till the home price had reached 48s., while a duty of 6s. to 8s. per quarter was levied on imported wheat, while the price ranged between 53s. 4d. and 80s. a quarter. In 1766, on the apprehension of scarcity, this was entirely reversed, exportation was prohibited, and importation was free. In 1774 a duty of 6d. a quarter was levied on all imports of wheat, which were not permitted till the price had reached 48s. in the home market. In 1791 this duty was raised to 2s. 6d. a quarter, and in 1804 the importation price was fixed at 63s. a quarter, instead of 48s. Such is a brief history of English Corn Laws down to this period. In the session 1812–13, when prices were beginning to decline, a committee was appointed to inquire into the working of the Corn Laws, and though their report was very meagre in information, it yet created great alarm throughout the country, and meetings were everywhere held to petition against any alteration of the existing law, which might prevent the people enjoying that which they had looked forward to as one of the greatest blessings of peace—cheap bread. In May, 1814, Sir Henry Parnell succeeded in carrying a resolution permitting the free exportation of corn, be the price what it might; and it was intended to have fixed an import duty of 24s. 3d. upon wheat until it rose to 63s., and a sliding scale from that price to 86s.; but the opposition it evoked in the country was so strong that the project was abandoned. The House of Commons resumed the discussion of the Corn Laws on February 22, 1815, and after two evenings’ debate it was resolved, by a majority of 209 to 65, that wheat should not be imported till the price was 80s. a quarter. Immediately the country was in arms; on the very next day a petition was presented from the Corporation and liverymen of London, which had received 40,000 signatures in ten hours, praying that no alteration might take place. On the 3rd of March Mr. Vansittart moved the second reading of the Corn Bill; and an attempt to delay it till the following week, to allow time for the country to petition, was rejected by a majority of 171. On the 6th of March the House went into committee, but that evening the populace of the metropolis had surrounded the House, and insisted on stopping every member, and sought to make them pledge themselves to vote against the obnoxious measure; a Mr. Croker was in particular very ill-treated, and the Speaker sent for a detachment of the Life Guards, who continued to surround the House for the rest of the evening. A very high debate upon this matter took place in the House itself, but nothing