45 



upon the market far more than commensurate with tlip 

 mere question of relative quantity, and the half million 

 of quarters now here, would presently have been 

 followed by successive and larger supplies. If then it 

 should happen that the British farmer could not realise 

 eighty shillings per quarter, from a bad harvest, or that 

 he could not even obtain a considerable advance upon 

 eighty shillings under circumstances which ought to pro- 

 duce to him a very large advance, what would be the state 

 of all British property ? 



Under such circumstances, 



If the farmer could even pay rates and taxes, what expec- 

 tation could the landlord (looking to the farmer's 

 already reduced and altered state) entertain of obtain- 

 ing atiy rent? 

 If the landlord do not obtain his rent, what must be the 

 effect upon markets of every description, upon the 

 manufacturer, ship-owner, and upon the revenue ? 

 Is the supposition strained, that under such circum- 



stances the public annuitant could not be paid ? 

 And, 



If not paid, what again would be the effect upon con- 

 sumption, book debts, and the revenue ? upon the 

 Domestic and Foreign trade of the country r 

 Or even if wheat should advance, contrary to the sup- 

 position now entertained, to 120s. and IJOs. per 

 quarter, what would be the effect of a correspondent 

 price of bread, upon all classes and orders i and again, 

 upon the Domestic and Foreign trade of the country ? 



The Eaul or Liveicpooi,, in the Speech which his 

 Lordship delivered in the House of Lords, on the 'iOth ot 



