The Grounds of an Opinion on the Policy of Restricting the Importation of Foreign Corn / Intended as an appendix to "Observations on the corn laws"
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About This Book
The writer offers a measured argument in favor of restricting imports of foreign corn, explaining that recent parliamentary evidence, improved exchange conditions, and new foreign export laws indicate that prolonged low prices will undermine agricultural investment. He argues that falling grain prices have already curtailed improvements, reduced cultivation, and caused substantial losses of farming capital, which translate into national economic harm. Concluding that any decision involves trade-offs, he recommends protective measures to preserve agricultural capital, sustain productive capacity, and avert long-term damage to the country's supply and wealth.
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