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The Age We Live In, Vol. 3: A History of the Nineteenth Century, From the Peace of 1815 to the Present Time (Classic Reprint)
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The Age We Live In, Vol. 3: A History of the Nineteenth Century, From the Peace of 1815 to the Present Time (Classic Reprint)
Current price: $23.57
Barnes and Noble
The Age We Live In, Vol. 3: A History of the Nineteenth Century, From the Peace of 1815 to the Present Time (Classic Reprint)
Current price: $23.57
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AT the close of the protracted Continental war in 1815, when the European ports were opened to our commerce, a Corn Law was hurried through Parliament, prohibit ing the importation of foreign grain until the price of wheat had risen to eighty shil lings a quarter. In 1822 this law was so far modified that importation was permitted when the price of wheat was seventy shil lings a quarter. Five years later, Canning, who was then Prime Minister, introduced a new Corn Bill on the principle of a sliding scale, making the duty rise as the price of grain fell in the home market. For every rise of a shilling in the home price the duty was to go down two shillings; for every fall of a shilling in the home price the duty was to go up two shillings. When the Bill reached the House of Lords an amendment was introduced into it by the Duke of Wellington, which caused the Ministry to withdraw the measure. After the death of Canning, and the downfall of the short lived administration of Lord Goderich, the Duke came into office and introduced a vol. III.
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