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The Vice President of the Board of Trade says, it 

 is the constant and certain supplies of corn, and the 

 certain and constant demand for our manufactured 

 goods which we should obtain by having a fixed 

 duty, which would benefit the community ; and 

 not the cheap corn, for corn would not be cheaper, 

 and those who expect it will be disappointed. 

 lf My notion is, that cheap bread, in the sense in 

 which it is understood by those who proclaim it, 

 and, above all, by those to whom it is proclaimed, 

 would not be the result of such a change as you 

 desire. I believe that the benefit from a change 

 would be a more equal price of bread, instead of 

 fluctuating to the extent we see it at present, we 

 should see a more equal range of prices." 



To have a constant and certain supply of foreign 

 corn not produced in our own colonies, the duty 

 must be reduced. Unless the duty be lower, this 

 foreign corn cannot be brought here in constant and 

 certain quantities. But if the duty be reduced to the 

 foreign grower, he can afford to sell his corn in the 

 markets of this country at less, and yet the Vice Pre- 

 sident of the Board of Trade says, that the effect of 

 the change will not be a reduction of price. If there 

 be no reduction of duty, there will be no reduction 

 of price from the competition of nations independent 

 of us, and if there be no reduction of price, there will 

 be no constant and certain quantities of foreign corn 

 beyond what can be introduced under the present 

 system. 



It appears, therefore, that one or other of the pro- 

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