48 



The United Stales of Amer'icn did not possess within 

 themselves an adequate market for their agricultural pro- 

 ductions, and they were deprived, by the Peace, to consi- 

 derable extent, of the external markets which they had 

 been accustomed to supply. 



The United Kingdom, on the contrary, as shown in 

 Appendix C. cited from his Lordship's Speech, had enjoyed 

 the great advantage of a market within herself for more 

 than the whole of her agricultural productions,^ and she had 

 received in lier own market a price very far exceeding the 

 price of such produce in any other market of the world. 



How then is a similar effect to be accounted for under 

 the operation of causes so opposite? Some distinct, power- 

 ful, and evil principle, must be assigned to account for this 

 correspondence in result, and that principle is 



DISCOVERABLE IN THE PUBLIC DEBT ONLY. 



What has occasioned the necessity of high prices in the 

 markets of the United Kingdom for agricultural produce ? 

 What has deprived even very high prices for agricultural pro- 

 duce, of the power of adequately sustaining the farmer, the 

 husbandman, and the land-owner ? Does this gross anomaly 

 admit of any other explanation than such as shall resolve 

 itself into the operation of the public debt? No country 

 in the world, the state of which is known and understood, 

 is comparable with Great Britain, in the relative extent of 

 market which she enjoys within herself ior her agricultural 

 productions. No country in the world possesses markets 

 of equal opulence and power in the purchase and con- 

 sumption of native agricultural productions. No country 

 in the world is comparable to the United Kingdom, in the 

 high proportion which the inhabitants of the town bear to 

 the agricultural population. 



' See Appendix, C. p. 39. 



