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
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
T R Thomas Robert Malthus
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In the purchase of all commodities purelyforeign; in the purchase of those commodities, the raw materials ofwhich are wholly or in part foreign, and therefore influenced in agreat degree by foreign prices, and in the purchase of all homecommodities which are taxed, and not taxed ad valorem, they wouldhave an unquestionable advantage: and these articles altogether arenot inconsiderable even in the expenditure of a cottager. As one of the evils therefore attending the throwing open our ports, it ...may be stated, that if the stimulus to population, from thecheapness of grain, should in the course of twenty or twenty fiveyears reduce the earnings of the labourer to the same quantity ofcorn as at present, at the same price as in the rest of Europe, thecondition of the lower classes of people in this country would bedeteriorated. And if they should not be so reduced, it is quiteclear that the encouragement to the growth of corn will not be fullyrestored, even after the lapse of so long a period.
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