Keeping you apprised of the study!
After reading the text, I found what was most important was
that the poor men who had lived on the farms of the rich had been paid in corn.
This was stated pretty far back in the book, so I believe that the author had
assumed that the reader would have previously understood this point and so
therefore he would not have had the need to insert this information earlier.
This point that I found interesting was that “corn” had been used as money. Not
only for pay to the men, women and children that worked the fields, but also as
a trade commodity. It was (obviously here, I think) worth a certain amount of
pounds, but was also the regulator of prices for all commodities. At one point,
they believed that the “discovery of the mines of America… raised the price of
corn three and four times.”[1]
The later Georgians also believed that the cost of corn was in complete
correlation to the price of labor. The belief was that “it gave a prodigious
increase of power to all landlords and capitalists. The fall in the price of corn,
from whatever cause it took place…. Accompanied by a rise, rather than a fall
in the price of labor, must have given a great relative check to the employment
of capital upon the land, and a great relative stimulus to the population.”[2]
The whole idea of the Corn Law was that a tax was to be
added to all grain that entered Britain and its colonies. This tax would do two
major things. The first was to add additional cost to the cheaper grain, mostly
from France, so that people would purchase the corn from England. The second
part was supposedly to pay an “advanced price” in case the commodity would be in
short supply the following years. It was thought that by paying this tax, the
price would stabilize and future prices would be accommodated.[3]
This was obviously false, and I am not sure exactly if anyone actually believed
this.
As to what I have done this week, I will be more than happy
to discuss! I have been looking for sources. I have received two regular books
from the library. I believe that they are not full texts, but will be
invaluable as a source for my final research paper. Also, I have been looking
for “text books” through half.com, ebay.com, paperbackswap.com, and of course,
Amazon.com. I have also looked for primary sources through scholar.google.com.
I have a few suggestions, for which I have submitted through the messaging
system. I have even read through the entire short book that I used for this
discussion board.
Things that I have found out include the fact that this is
not a subject that has been widely researched! Or, if it has been researched,
has not been published. This may be great paper to submit to publications once
it is complete! So, I may be getting ahead of myself on that topic. However,
because it has not been highly researched, there are not a lot of secondary
sources to use as texts. I have only found two full texts on the subject that
are secondary, and recent. There is one that is secondary, and older that I
will also be using. This one is on President Washington as a Farmer by Paul
Leland Haworth and published in 1915. This does fit in with my subject because
of the time period that Washington lived and farmed. Of course, he did have to
become a traitor and help the colonies to leave the motherland, but I will
forgive him because of his great trials in the farming industry.
Bibliography:
Malthus, T.R. Observations on the Effects of the
Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and
General Wealth of the Country. London: J. Johnson and Co., 1814. Kindle
edition.
Originally written for class at American Military University.
[1] T.R. Malthus. Observations on the Effects
of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture
and General Wealth of the Country. (London: J. Johnson and Co., 1814.),
location 116. Kindle edition.
[2] Ibid.
[3] Ibid, 54.
Corn was valued for livestock feed and for spirits. Waste not want not
ReplyDeleteCorn whiskey is still worth quite a lot. ;)
ReplyDelete