Thoughts And Details On the High And Low Prices of the Thirty Years From 1793 T
Thoughts And Details On the High And Low Prices of the Thirty Years From 1793 T
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Pitt has given a particular answer to it : but I do not think it worth powder and shot. " (Page 33. ) 261 As the degree of tlcficiency arising from the excessive drought and scanty crops of 1794, and the want of a sur- plus from ] 793, had not, in consequence of the harvest being unusually forward, and the corn being brought in fine condition, and very early to market, been sufficiently ap- preciated, the price did not rise soon enough to check the consumption; and it was not till the winter an...d spring fol- lowing that the insufficiency of the stock on hand, to meet the consumption at the average rate, became apparent. At the same time the weather was extremely unfavourable to the growing crops, which were known to have sustained great injury. A very general alarm then arose; the price advanced rapidly, and there was more real ground for apprehending a famine than perhaps even in the more memorable scarcity and higher prices of 1799 and 1800. But the advance in 1795 was checked by peculiar circum- stances.
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To quickly assess the difficulty of the text, read a short excerpt:
Pitt has given a particular answer to it : but I do not think it worth powder and shot. " (Page 33. ) 261 As the degree of tlcficiency arising from the excessive drought and scanty crops of 1794, and the want of a sur- plus from ] 793, had not, in consequence of the harvest being unusually forward, and the corn being brought in fine condition, and very early to market, been sufficiently ap- preciated, the price did not rise soon enough to check the consumption; and it was not till the winter an...d spring fol- lowing that the insufficiency of the stock on hand, to meet the consumption at the average rate, became apparent. At the same time the weather was extremely unfavourable to the growing crops, which were known to have sustained great injury. A very general alarm then arose; the price advanced rapidly, and there was more real ground for apprehending a famine than perhaps even in the more memorable scarcity and higher prices of 1799 and 1800. But the advance in 1795 was checked by peculiar circum- stances.
What to read after Thoughts And Details On the High And Low Prices of the Thirty Years From 1793 T?
You can find similar books in the "Read Also" column, or choose other free books by Thomas Tooke to read onlineMoreLess
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