 While we depend, in any degree, upon a foreign supply of corn, the prices are constantly governed by the principle of scarcity, and not, as they otherwise would be, by the principle of abundance. The object of importing merchants being to import with...  An essay on the external corn trade - Page 303by Robert Torrens - 1826 - 416 pagesFull view - About this book
 | Abraham John Valpy - Great Britain - 1814 - 600 pages
...incurring such a hazard of competition, then they will begin to feed the market with foreign corn, but only in such quantities as shall keep down competition...have any great effect in lowering the price of corn. In this way it is, that, wliile we depend in any degree on a foreign supply of corn, the prices are*... | |
 | Abraham John Valpy - Great Britain - 1814 - 602 pages
...with foreign corn, but only in such quantities as shall keep down competition against themselves ; bnt not to that extent as will have any great effect in lowering the price of corn. In this way it is, that, while, w* depend in any degree on a foreign supply of corn, the prices are... | |
 | Walter Scott - Europe - 1814 - 536 pages
...incurring such a hazard of competition, then they will begin to feed the market with foreign corn, but only in such quantities as shall keep down competition against themselves, but not to an extent which would have any great effect in lowering the price of corn." Nothing can be more unsatisfactory... | |
 | Robert Torrens - Corn laws (Great Britain). - 1829 - 516 pages
...labour and capital, at the reduced price of grain which the advocates of the Act professed to have in contemplation. The supposition is almost ridiculously...and keeping up prices, could be formed * Letters on die Present State of the Agricultural Interest, page 11. This is a very sensible and able pamphlet,... | |
 | Robert William Dimand - Business & Economics - 2004 - 540 pages
...corn. To the principle, that importation lowers the markets, the following objection has been urged : " While we depend, in any degree, upon a foreign supply...the market and keeping up prices, could be formed amongst the importing merchants, still, the objection would be perfectly invalid ; nay, would completely... | |
 | Europe - 1814 - 536 pages
...incurring such a hazard of competition, then they will begin to feed the market with foreign corn, but only in such quantities as shall keep down competition against themselves, but not to an extent which would have any great effect in lowering the price of corn." Nothing can be more unsatisfactory... | |
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