36 



that article which might well prove irresistible. 

 For, although he might anticipate a loss of one 

 year's interest or two years' interest upon his 

 capital, during the interval that would per- 

 haps elapse before the average price reached 80s. 

 and the article he had collected be allowed by 

 law to become saleable for home use, yet when- 

 ever that sale was effected, he might expect to 

 realize a profit of 100 per cent, or a profit of 

 even much greater amount. 



It matters not to the farmer as a benefit, that 

 they who have embarked large amounts of capi- 

 tal in these speculations have been disappoint- 

 ed, and may still have long to look for any return 

 to be derived from sales in British markets; for 

 even that circumstance is productive of ill to him ; 

 for the capital is thus locked up which might have 

 been employed in the British markets, and there- 

 in have quickened demand, mitigated the pres- 

 sure created by the overwhelming and unna- 

 tural supply, and averted the extremity of de- 

 pression which has been experienced. 



It is well known, that in ordinary years, and 

 without the intervention of any special causes 

 (as has been alluded to before), the payment of 

 rent, tithes, rates, taxes, and the bills of 

 tradesmen, in the first quarter of the year (be- 

 tween Michaelmas and Christmas), usually oc- 

 casions a supply at market within that quarter^ 



