FREE BOOKS

Author's List




PREV.   NEXT  
|<   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191  
192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   215   216   >>   >|  
ohibited to export abroad, and yet had no means of distributing their supplies at home so as to realize the highest medium price in England, must have felt aggrieved, and that their barons and knights of the shire would have a common interest in making a strong effort to rectify the injustice in parliament. This object appears to have been in some measure accomplished by this statute, and twenty-seven years afterwards (1463) a decided step was taken towards securing to agriculturists a monopoly of the home market by a statute prohibitory of importation from abroad. Foreign import was to be permitted only at and above the point of prices where the export of domestic produce was prohibited. The landed interest had now adopted the idea of sustaining and equalizing the value of corn, and promoting their own industry and gains, which for four centuries, under various modifications of plan, and great changes of social and political condition, were to maintain a firm place in the legislation and policy of England. But there were many reasons why this idea, when carried into practice, should not have the results anticipated from it. The import of grain from abroad, even in times of dearth and high prices at home, could not be considerable as long as the policy of neighbouring countries was to prohibit export; nor could the export of native corn, even with the Dutch and other European ports open to such supplies, be effective save in limited maritime districts, as long as the internal corn trade was suppressed, not only by want of roads, but by legal interdict. The regulation of liberty of export and import by rates of price, moreover, had the same practical objection as the various sliding-scales, bounties, and other legislative expedients down to 1846, viz. that they failed, probably more in that age than in later times, to create a permanent market, and aimed only at a casual trade. When foreign supplies were needed, they were often not to be found; and when there was an excess of corn in the country a profitable outlet was both difficult and uncertain. It would appear, indeed, that during the Wars of the Roses the statutes of Henry VI. and Edward IV. had become obsolete; for a law regulating export prices in identical terms of the law of 1436 was re-enacted in the reign of Philip and Mary (1554). In the preceding reign of Edward VI., as well as in the succeeding long reign of Elizabeth, there were unceasing complaints of the
PREV.   NEXT  
|<   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191  
192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   215   216   >>   >|  



Top keywords:

export

 

abroad

 
prices
 

import

 
supplies
 

policy

 

statute

 

market

 

Edward

 

England


interest

 
sliding
 

practical

 

objection

 
scales
 
expedients
 
native
 

legislative

 

bounties

 
effective

suppressed
 

limited

 

districts

 

internal

 
maritime
 
liberty
 

interdict

 

regulation

 

European

 

needed


obsolete
 

regulating

 

identical

 

statutes

 

succeeding

 

Elizabeth

 

unceasing

 

complaints

 

preceding

 
enacted

Philip

 
permanent
 
casual
 

foreign

 

create

 
prohibit
 

difficult

 
uncertain
 

outlet

 
profitable