22 



medium of labor an increase of price in every 

 article of production in which labor combines. 

 An increase of price in such productions requires 

 a fresh and distinct advance in the price of 

 wheat, and a further advance in wheat again 

 requires an increase in the price of labor generally, 

 and such further increase in the price of labor 

 should re-act upon the price of wheat. In like 

 ma)iner it is necessary that an increase of price 

 should be communicated throughout the com- 

 munity. The burthen of the duties which render 

 necessary this new arrangement of prices, cannot be 

 generalised or distributed, by the simple addition 

 of the amoutii of the duties, or of the duties and 

 the concomitant charges, but if effected, must be 

 accomplished by means of the communication of 

 the increase in price, experienced in respect of 

 the objects directly taxed, to all national produc- 

 tions. Price shoidd he communicated to price, or 

 by one commodity to another, throughout the whole 

 chain of dealing, and these increased prices act, or 

 should act and re-act, one upon the other so as to 

 effect the general and equal distribution of the 

 burthen of the duties imposed. 



The merits of this important topic may be tested 

 thus ; — 



If the lands in cultivation, in the United King- 

 dom, be estimated at fifty millions of acres ; the 

 rate of price now required for the produce of the 

 land, at six pounds per acre ; and it be admitted that 



