Thoughts and Details on the High and Low Prices of the Thirty Years, from 1793 to 1822 ...

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John Murray, 1824 - Prices - 392 pages

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Page 24 - It will be found by the evidence, that the high price of gold is ascribed, by most of the witnesses, entirely to an alleged scarcity of that article, arising out of an unusual demand for it upon the continent of Europe. This unusual demand for gold upon the continent is described by some of them as being chiefly for the use of the French armies, though increased also by that state of alarm, and failure of confidence, which leads to the practice of hoarding.
Page 293 - ... for remedy whereof the council have written letters into every shire, and some say to every market-town, to provide a granary or storehouse, with a stock to buy corn, and keep it for a dear year.
Page 99 - The shippers found to their cost, when it was too late, that the effective demand on the continent for colonial produce and British manufactures had been greatly overrated, for, whatever might be the desire of the foreign consumers to possess articles so long out of their reach, they were limited in their means of purchase, and accordingly the bulk of the commodities exported brought very inadequate returns.
Page 283 - ... out by thrift and good management, and eked out by the use of other grain : but this will not do for above one year, and would be a small help in the succession of two or three unseasonable harvests.
Page 81 - ... and distress which were felt amongst the manufacturers in the cotton trade in Glasgow and Paisley, and their vicinity, and praying for public assistance; that the same were confirmed by the representation of a meeting held in the city of London on the 12th of February, which sent a deputation to wait upon the Chancellor of the Exchequer, with a copy of the resolutions adopted at that meeting. These resolutions your Committee have inserted in the appendix to this report. Your Committee found,...
Page 81 - The causes to which the .same should be ascribed ; and Third — The expediency, with a view to the present and future interests of the merchants and manufacturers, and of the public, of any assistance being afforded by parliament. Your Committee found, that memorials had been presented to his Majesty's treasury towards the latter end of the last and the beginning of the present year, stating the great embarrassments and...
Page 294 - The ends designed by the acts against the importation of Irish cattle, of raising the rents of the lands of England, are so far from being attained that the contrary hath ensued;' and he speaks of a great diminution of cultivation.
Page 116 - It is well known, however, that the resistance to a change, whether from a low to a high, or from a high to a low range of prices, is at first very considerable, and that there is generally a pause of greater or less duration before the turn becomes manifest; in the interval, while sales are difficult or impracticable, unless at a difference in price, which the buyer, in the one case, and the seller, in the other, are...
Page 293 - England was never generally so poor since I was born as it is at this present; inasmuch as all complain they cannot receive their rents. Yet is there plenty of all things but money ; which is so scant that country people offer corn...
Page 295 - The interest of our British landholders has been declining several years last past; it has been a general observation that rents have been sinking, and tenants unable to make as good payments as formerly, even in counties where there is the greatest circulation of money, the maritime ones, and those neare the capital cities of the kingdom.

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