29 



some articles of clothing, and more particularly 

 in such as are made of leather, and in salt, and 

 in tea, little or no abatement is yet perceptible : 

 but the reduction of charge for all the main ar- 

 ticles of his consumption being what it has been 

 represented to be, it is a fallacy to suppose that 

 his situation has been rendered worse in the 

 same proportion as his income has been render- 

 ed less ; for, on the contrary, the relation be- 

 tween his charges for maintenance, and his 

 means of providing it, has become in a most 

 important degree assimilated. 



With the greater holder the case is not ex- 

 actly the same, for a greater proportion of his ex- 

 penses arise from the consumption of articles 

 not so strictly to be termed the necessaries of life, 

 and upon which the reduction of prices has not 

 been yet in the same degree experienced. Under 

 the influence of the same depreciation, the value 

 of the stock upon his farm has indeed been pro- 

 bably reduced in the same proportion, viz. from 

 4000/. to 2400/. But the income he may still 

 receive, will probably be found (as has been 

 shown) equal to 7 per cent, upon this diminished 

 capital; and with the discontinuance of certain 

 indulgences, and the resumption of habits in 

 some respects less expensive, it is assumed with- 

 out distrust, that he may still acquire upon the 

 land, with the abatement of rent before speci- 

 fied, the means of maintaining his family, and 



