Page:Speech of Sir Hussey Vivian, Bart. M.P. on the Corn Laws, Thursday March 14, 1839.djvu/29

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at other times, I totally deny; nor indeed do I think the argument a very good one, by which this is endeavoured to be shown. The truth is, that when the harvest is good, our farmers need be under no apprehension; there is but little chance of any quantity of foreign corn being imported; and I am, for my part, much disposed to doubt, under any circumstances or at any time, any considerable depression in the price of corn, arising out of a greater latitude being given to foreign importation. But supposing it were to be so, supposing even the wages of labour were in consequence to be reduced; if by this means the manufacturer could work cheaper, so also could the agriculturist. The expense of cultivating poor lands would be diminished in proportion to the expense of producing manufactured goods. All this would be regulated by trade being allowed to take its natural course—it is to the artificial regulations that I object. I know that the regulation of price under the existing Corn Laws is by many considered as the great recommendation to them; now, in my mind, there are but few cases in which it is allowable to attempt to regulate prices by legislation. Where a monopoly is granted, no doubt it is necessary, but hardly under any other circumstances; and here, whilst touching on the subject of