39 



upwards of 42 per cent. ; and the foreign grower 

 would no doubt sell at the price at which he 

 could afford to sell, if he could get no more; 

 though the eagerness of the customer would 

 probably produce a more equal distribution of 

 the profits between them. 



It is therefore submitted, that a measure of 

 this kind would still be found salutary, and that 

 the more it is impartially considered, the more 

 clearly it would stand recommended by policy 

 and by justice; although, for the relief of the 

 present agricultural distress, it would certainly 

 be of no avail whatever *. 



Another specific measure of relief, which as 

 it has been resorted to at periods of commercial 

 difficulty or temporary embarrassment felt by 

 the manufacturing interest, has been thought 

 applicable to the present agricultural distress, is 

 the issue of a large amount of Exchequer bills 

 by way of loan to those agriculturists who 

 could give security for the repayment. But 

 when such a measure has been found beneficial 

 to the merchant or to the manufacturer, their 

 situations, it is presumed, have been totally dif- 



* The foreign wheat in bond on the 1st of January last is 

 said to have been 300,000 quarters in the port of London 

 alone, and nearly 260,000 quarters in the four ports of Li- 

 verpool, Bristol, Hull, and Leith. 



D4 



