{216} When corn was dear, and the public cry was for regulation, it was announced, in the highest quarters, that trade was free. Ministers acted as if they had been the colleagues of of =sic= the economist Turgot; but, when prices fell, the language was changed, and new regulations were made. Compare the Duke of Portland's letter, in 1799, with the act for the exportation of grain, in 1804.
{217} The money sent out of the country for corn is a direct diminution of the balance due to us from other nations, and it now amounts to near three millions a year on an average. The balance in our favour is not much more than twice that sum at the most, and was not equal to that till lately: the imports of grain may soon turn the balance against us.
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the poor increasing, our means diminishing; what could possibly produce a more rapid decline?
The danger is too great and too evident to require any thing farther to be said; particularly as the last ten years have taught us so much, by experience.
It is unnecessary to repeat what was said about the mode of reducing the interest of the national debt without setting too much capital afloat; without breaking faith with the creditors of the state, or burthening the industry of the country.
On the increase of the poor and the means of diminishing their numbers enough has been said. That must originate with government in every case and in some cases exclusively belongs to it. They must act of themselves entirely, with respect to the very poor and to their children. With those who are not quite reduced to poverty, they should grant aid, to enable them to struggle against adversity, and prevent their offspring from becoming burthensome to the public.
The other affairs well attended to, capital and industry will lose their tendency to leave the country; and, if they should continue to leave it, the case will be desperate; for, after the lands are improved, and the best encouragement given to the employment of capital, and to the greatest extent nothing more can be done. It will find employment elsewhere.
The efficacy of a remedy, like every thing else in this world, has a boundary, but the extent and compass of that depends, in a great degree, on exertion and skill, and particularly so in the present instance. It remains with the government to make that exertion, either directly itself, or by putting individuals in the way to make it.