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Brummitt, Dan B.

"The Great Events by Famous Historians, Volume 17"

It was not permitted to Englishmen to
obtain their supplies from any foreign land, unless on conditions that
suited the English corn-grower's pocket.
We may perhaps make this principle a little more clear, if it be
necessary, by illustrating its working on a small scale and within
narrow limits. In a particular street in London, let us say, a law is
passed declaring that no one must buy a loaf of bread out of that
street, or even round the corner, until the price of bread has risen so
high in the street itself as to secure to its two or three bakers a
certain enormous scale of profit on their loaves. When the price of
bread has been forced up so high as to pass this scale of profit, then
it would be permissible for those who stood in need of bread to go round
the corner and buy their loaves of the baker in the next street; but the
moment that their continuing to do this caused the price of the baker's
bread in their own street to fall below the prescribed limit, they must
instantly take to buying bread within their own bounds and of their own
bakers again.


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