A. D. ^^23, 323 



nations, that fuch things may not only in fome good meafure be reme- 

 died, but alfo the increafe of tillage may be procured, and the better 

 vending of our native commodities, ftrength to our fhipping, and the 

 breeding of many mariners, by erecting magazines of corn, which, m 

 times of fcarcity, may ferve to keep down the price of foreign corn, and 

 in times of plenty may keep up the price of our home corn, at fuch 

 reafonable rates as will well maintain rhe hufbandman's labour and hold 

 up the gentlemen's rents, — upon deliberate advice with the privy coun- 

 cil, he ordained, 



That magazines of corn might be erected by fuch merchants and 

 others as fhould be willing to adventure therein, in London, Dover, Portf- 

 mouth, Southampton, Briftol, Exeter, Plymouth, Ipfwich, Lynn, Yar- 

 mouth, Hull, York, Newcaflle, Chefter, Liverpool, and Haverfordweft, 

 and in all the fhire towns of this realm. 



And to the intent that thofe magazines might be ftored with corn, he 

 declared, that any of his fubje6ls might import corn for them from foreign 

 parts, in fuch quantities as they fliould think fit, paying only the cuf- 

 toms and fubfidies of the prefent book of rates. And any perfon might 

 buy and flore up in the magazines whatever quantity of Englifh corn 

 he thought proper, when the average price of Englifti wheat was under 

 23/ per quarter, Englifli rye under 18/, and EngUfh barley under 16/", 

 in the counties where the fame fhould be bought. 



And for the better encouragement of fuch as fhould adventure in 

 the niagazines, fuch foreign corn as ihould be thither brought, might 

 be freely re-exported into foreign parts beyond the fea in amity with 

 us, fo as at the time of fuch tranfportation the ufual price of Englifh 

 corn in the three next adjacent counties to the magazines whence fuch 

 tranfportation fhould be, did not exceed 40/ the quarter for wheat, 

 26/B for rye, and 20/ for barley. But when the prices for Englifh corn 

 were higher, then all foreign corn fhould be kept in the magazines, to 

 be fold only within this realm, for the provifion of tiie fame. 



And when Englifh corn fhould be under 32/ the quarter of wheat, 

 I 8/ rye, and 16/ barley, then no foreign corn ihould be fold within tiiis 

 realm for any other purpofe but to be llored in the magazines, or to be 

 tranfported beyond lea, paying the due cuftoms and fubfidies for the 

 Englifh corn ; that the price of Englifh corn might be held up for the 

 benefit of the farmer, and that fuch corn fo co be tranfported might 

 return a proportion of coin, for replenilhing the trealure of this king 

 dom. 



Upon re-exportation of the foreign corn no duties were to be paid, 

 and the exporti-r of fuch foreign corn .vas to make oatn tnat it did iiot 

 grow in this realm. [Foed/ra, V. xx'ii, p. 526.] 



This plaalible fchenie however did not take place. 



.S s 2 



