Fortunately for England, all her imports are raw materials.
Our people are unemployed and anxious to work for the food which foreigners can give us.
So that a famine price is vague, and the plan subject to all the inconvenience now experienced.
Land, in England, is valuable, because we have highly-paid artisans to consume the produce on the spot.
Now, what produces a want of demand? A refusal to take from other countries the commodities which they produce.
I see no reason for giving the capital employed in agriculture greater protection than the capital vested in other branches of trade, manufacture, or commerce.
We ought, therefore, to lessen the price of food to our manufacturers, and place them more on a level with the manufacturers who have cheaper food, and also much lighter taxation.
I maintain that the existing corn laws are bad, because they have given a monopoly of food to the landed interest over every other class and over every other interest in the kingdom.
At the present moment the people of England are only three-quarters fed, and the result of this improvement in the export of our manufactures would be, that they would be entirely fed.
In Great Britain the price of food is at a higher level than in any other country, and consequently, the British artisan labours at a disadvantage in proportion to the higher rate of his food.