lessen the
productive power of the country; and finally to throw us for subsistence
and support on the resources of foreign nations. My lords,--I will not
exaggerate the effects likely to be produced by the pursuing of a system
such as that to which I have alluded; but I beg your lordships to
reflect on the consequences which must result, if the powers, from whose
dominions these resources are generally drawn, should think proper to
lay a heavy tax on the export of such corn, or that it should be subject
to such an operation by any other state, in its transit to this country.
I entreat your lordships to consider what must be the consequences of
such a measure in its results to this country; a measure, too, in which
I may say, that foreign states might, from circumstances, be highly
justified. But supposing such moderation on the part of those states,
that they should continue to allow us to draw our supplies from their
dominions; supposing we could be supplied from other countries--America,
for instance; yet I entreat your lordships to observe, that this
country would be constantly, under the proposed system of fixed duty,
placed in the state in which it found itself in years of famine and
scarcity, which occurred in both the last and present century, and would
of consequence be exposed to the highest possible prices for wheat.
This, my Lords, I say, would be the inevitable consequence.
The cost of production, in Poland, for instance, would not be increased;
but the prices would be regulated here, not by the prices of that
country, but by the scarcity price of this country, and by the profits
of all those who might be, directly or indirectly, concerned in the
contemplated importation of corn, in such a state of things as that to
which I have alluded. Under these circumstances, a low duty would not be
productive of a reduction in price; indeed, so far from diminution, I am
confident it would produce an enormous increase. But, my Lords, I would
ask, even supposing it were otherwise, whether it would be proper to
adopt such a measure, in reference to its probable effect in other
respects? My Lords, look to Ireland, and consider what must by the
inevitable consequence if agriculture is not to be encouraged in that
country--a country, which, during the last year supplied England with
more than 2,000,000 quarters of grain. The quantity of wheat alone
imported from Ireland last year, was no less than 400,000 quarters. I do
th
|