There Can Be No Rise In The

The Price Of Corn Will Naturally Rise With The Difficulty Of Producing The Last Portions Of It.

To Alter The Money Value Of Commodities, By Altering The Value Of Money, And Yet To Raise The Same Money Amount By Taxes, Is Then Undoubtedly To Increase The Burthens Of Society.

In The Same Manner If Any Nation Wasted Part Of Its Wealth, Or Lost Part Of Its Trade, It Could Not Retain The Same Quantity Of Circulating Medium Which It Before Possessed.

If Then The Prosperity Of The Commercial Classes, Will Most Certainly Lead To Accumulation Of Capital, And The Encouragement Of Productive Industry; These Can By No Means Be So Surely Obtained As By A Fall In The Price Of Corn.

But A Tax On Luxuries Would No Other Effect Than To Raise Their Price. It Would Fall Wholly On The Consumer, And Could Neither Increase Wages Nor Lower Profits.