38 



should take place, the period during which it 

 should be allowed, and the quantities to which 

 it might be limited, being subjected to the direc- 

 tions expressed in the same Royal Proclamation. 



The very best Dantzic wheat has, it is said, 

 been lately, and is ordinarily purchasable at 

 Dantzic at 35s. The freight at 5s. and a duty at 

 20s. would raise its cost in the port of London to 

 60,9. But its sale at 70*. would thus produce a 

 return of upwards of 14 per cent. ; a sufficient 

 remuneration, as it should seem, to the im- 

 porter ; with the addition of an increase of 

 profit proportional to the increase in the average 

 price at home above that of 70s. and propor- 

 tional to the diminution of the first cost at 

 Dantzic below the price of 35s. 



To the farmer, this benefit might be expect- 

 ed to arise, that the corn-merchant would thus 

 become his customer more frequently, and to a 

 much greater amount, and would speculate in 

 corn of home growth to a greater degree than in 

 foreign. The consumer would, in a time of actual 

 or apprehended scarcity, be still provided with 

 foreign corn in aid of our domestic stock; nor 

 would he in truth pay the duty, for it would be 

 paid by deduction out of the profits of the foreign 

 growers, or out of the profits of the British im- 

 porter. The supposed cost and freight would, 

 without such duty, yield the importer a return of 



