Since it was written the evils indicated therein have greatly increased in intensity.
The interests of the producers having been completely sacrificed to those of the consumers; the results of such a policy are becoming painfully apparent, in the increasing number of the unemployed, consequent on unlimited foreign competition.
Working men who are unable to obtain employment can no longer be persuaded, either by the plausible statistics of Mr. Giffen, or by the peevish denunciations of Mr. Bright, that, thanks to Free Trade, they are better off than they were ever before.
Cheap food is of little avail if the means of purchasing it be not forthcoming.
The cry for fair trade is waxing stronger and stronger.
I have endeavoured to show that a light tax on foreign wheat, would, without any appreciable increase in the cost of food, probably enrich England and its dependencies to the extent of about £60,000,000 annually; whilst at present a large portion of this is employed in furnishing the sinews of war which will probably be used against us.
G. L. M.
March 30th, 1885.