Let us then proceed to estimate the probable 

 influence of these extraordinary causes in pro- 

 ducing this extreme depression (as it may not 

 unreasonably be deemed), and to assume a price 

 which might probably have been found about the 

 actual price, if these peculiar necessities had not 

 (unnaturally as it were) intervened to depress it. 



The average price in the corresponding week 

 of 1821, was 54s.*; and in the nineteen weeks 

 comprehended in the period between 23d De- 

 cember 1820, and 28th April 1821 (both days 

 inclusive), the average of the prices stated in the 

 Gazette was 54s. \ d. In May, June, July, and 

 part of August, the prices were a little lower, 

 rendered so, no doubt, by the prospect of an abun- 

 dant harvest; but at the end of August a dispo- 

 sition to advance was produced by the unfavour- 

 able weather; and at the latter end of September 

 the apprehensions excited by this cause continu- 

 ing to operate, and with increased force, the 

 prices rapidly so advanced as to raise the average 

 of one week to 70s. 7d. Since that time the ex- 

 traordinary causes of depression before referred 

 to, that is to say, the extraordinary necessities 

 of the farmers, have been in full operation, and 

 have had power to counteract and repel the ex- 

 traordinary cause for advance derived from the 



* In speaking of the average prices, the prices in " all 

 England and Wales,*' are always intended. 



B 3 



