| When wheat was 4 l. 4 s. 8 d. , three quarters, which he and his family consumed, would cost him | £12.14 |
|---|
| other things not altered in price | 12 |
| —— |
| 24.14 |
| When at 4 l. 10 s. , three quarters of wheat would cost | £13.10 |
|---|
| and other things | 12 |
| —— |
| 25.10 |
| When at 4 l. 16 s. , three qrs. of wheat | £14.8 |
|---|
| Other things | 12 |
| —— |
| 26.8 |
| When at 5.2.10 l. three quarters of wheat would cost | £15.8.6. |
|---|
| Other things | 12 |
| —— |
| 27.8.6 |
In proportion as corn became dear, he would receive less corn wages, but his money wages would always increase, whilst his enjoyments on the above supposition, would be precisely the same. But as other commodities would be raised in price in proportion as raw produce entered into their composition, he would have more to pay for some of them. Although his tea, sugar, soap, candles, and house rent, would probably be no dearer, he would pay more for his bacon, cheese, butter, linen, shoes, and cloth; and therefore, even with the above increase of wages, his situation would be comparatively worse. But it may be said that I have been considering the effect of wages on price, on the