Letter to the Right Honourable Lord Viscount Melbourne on the Cause of the Higher Average Price of Grain in Britain than on the the Continent
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Release date is 2011-04-14
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"Letter to the Right Honourable Lord Viscount Melbourne on the Cause of the Higher Average Price of Grain in Britain Than on the Continent" by Sir George Grant Suttie is a socio-economic treatise written in the early 19th century. The book addresses the issue of why grain prices in Britain are significantly higher than those in neighboring European countries. It discusses factors such as scarcity, taxation, and wages, aiming to understand the underlying causes of this economic disparity. In the letter, Suttie argues against the commonly held belief that scarcity caused by monopoly is the sole reason for the higher grain prices in Britain. Instead, he posits that higher taxation and labor wages play a crucial role in elevating these prices. By presenting data comparisons between Britain and countries like Prussia, Suttie challenges the assertion that poorer land cultivation is to blame. He argues that not only does British labor yield more grain, but the real wages allow workers to buy significantly more than their continental counterparts. Ultimately, Suttie calls for a careful consideration of agricultural policies, particularly concerning the Corn Laws, ensuring that any changes do not disrupt domestic production and food supply. (This is an automatically generated summary.)
Corn laws (Great Britain) Great Britain -- Economic conditions Melbourne, William Lamb, Viscount, 1779-1848