Mr. M'Culloch, in an able publication, has very strongly contended for the justice of making the dividends on the national debt conform to the reduced value of corn. He is in favour of a free trade in corn, but he thinks it should be accompanied by a reduction of interest to the national creditor.
Additional notes
The 180 quarters of corn would be divided in the followng proportions between landlords, farmers, and labourers, with the above-named variations in the value of corn. Price per qr. Rent. Profit. Wages. Total. £. s. d. In Wheat. In Wheat. In Wheat. 4 0 0 None. 120 qrs. 60 qrs. 180 4 4 8 10 qrs 111.7 58.3 4 10 0 20 qrs 103.4 56.6 4 16 0 30 95 55 5 2 10 40 86.7 53.5 and, under the same circumstances, money rent, wages, and profit, would be as follows: Price per qr. Rent. Profit. Wages. Total. £. s. d. £. s. d. £. s. d. £. s. d. £. s. d. 4 0 0 None. 480 0 0 240 0 0 720 0 0 4 4 8 42 7 8 473 0 0 247 0 0 762 7 6 4 10 0 90 0 0 465 0 0 255 0 0 810 0 0 4 16 0 144 0 0 456 0 0 264 0 0 864 0 0 5 2 10 205 13 4 445 15 0 274 5 0 925 13 4