great body of the people are interested in this question, not as consumers, but as producers. The vast majority of the population of these islands have hitherto derived their means of subsistence, not from manufactures, but from the soil. Manufactures do not in reality constitute more than onefourth part of the annual creation of our wealth; and two-thirds at least of all our manufactures are intended for the home market, and will be profitable or not according to the circumstances of the general body of consumers. Now, the natural price of corn depends upon the circumstances of the country in which it is produced. It may be ten shillings in Poland: it may be sixty shillings in England. No doubt you can get corn, and are getting it, from Poland far cheaper than you can raise it in England-but at what cost? Why, at the sacrifice of that enormous capital which has been sunk in the cultivation of the land, and of nearly one-half of the annual creation of our wealth!

The average price of wheat, for a number of years preceding 1790, was 46s. per quarter. It is so stated in Mr Arthur Young's table, which we have given above, and may be taken as the average of thirty years. The average for 1790 was considerably higher, for we observe that Mr Porter states it at 53s. 2d. Now, since that period, both the amount of our debt and of our current annual public expenditure has been tripled-that is, we have three times as much to pay in the shape of taxation as formerly. This is independent of poor-rates and local taxation, which have also greatly increased. That being the case, we ask how it is possible that corn can be grown now in Britain at a profit, when the ruling price, owing to importations from abroad, is eight shillings per quarter lower than it was on an average of years preceding 1790? The absurdity is palpable.

How, then, are the taxes to be paid? That is the question. Not out of the profits of the foreign trade certainly, for the whole value of our exports is not much above the amount of the national expenditure, and when we add the local taxes, would not reach one-half of the requisite sum. Be

sides, at the present moment, the exports are not nearly balancing the imports. According to the official tables, the declared value of the exports for the year ending 5th January 1850, was £63,596,025; the official value of the imports for the same period was £105,874,607. We presume it will be admitted that taxes can only be permanently paid out of profits, and we want to know where these profits are? It is perfectly evident that the cultivation of the land cannot be carried on for ever at a loss. Sooner or later both capital and credit must be exhausted; soils of an inferior description-indeed all except the best land in the neighbourhood of towns-must be abandoned and withdrawn from tillage, and the working-classes will find themselves utterly unable to meet the demands of taxation. An immense portion of our taxation is, and must be, drawn from the labouring men. They contribute largely to our revenue through the customs and excise, and the extent of their consumption depends entirely upon the amount of the wages which they receive. Any measure which tends to lessen the sphere of production is a direct blow at their interests. Cheap bread is just another word for low wages, as already many of them have discovered to their cost; and we have now arrived at that stage of the experiment when its effects will be rapidly developed.

Mr Porter, whose brains are principally valuable in the preparation of cumbrous statistics, breaks out, for once in a way, into a fine burst of eloquence on the subject of over-population. Let us hear him in his animated mood:

"Whence arises this fear- this childish fear of the increase of our numbers?-childish, because it exists without regard to the lessons of experience. What evidence is there in our present condition to justify the complaint of surplus population,' that did not exist in as great, or even in a greater degree of force, when our numbers had not reached one-half their present amount? Why, then, shall we not go forward to double, and again to double our population in safety, and even to advantage, if,

instead of rearing millions of human clods, whose lives are passed in consuming the scanty supplies which is all that their task of intelligence enables them to produce, the universal people shall have their minds cultivated to a degree that will enable each to add his proportion to the general store?" *

Good lack, Mr Porter, there was no occasion at all for your putting yourself into such an inconvenient heat! Nobody, so far as we know, is making any complaint of surplus population. You and your friends have taken effectual measures to prevent such a state of matters, and we may now rest without any apprehension of a visit from the ghost of Malthus. The "universal people alluded to in your last brilliant though somewhat unintelligible sentence, are likely to follow your advice, and abstain from "rearing millions of human clods," at least upon British soil. Be satisfiedyou have done for the clods. Ireland is a noble example of your trophies in that way; and if you want to glorify yourself on another, you may refer to the Scottish Highlands. The true way to provide against the evils of over-population is to lower the value of produce, which is the condition of labour, below the remunerative point. Do that, and you may make a wilderness out of the most fertile region of the earth. But then, Mr Porter, did you never ask yourself what is to become of those who derive their subsistence and incomes from the labour of these self-same clods? A good many of us, we suspect, are in that condition, and very melancholy indeed would be our countenances if called upon to assist at the funeral of the last of that race. "Meddle not," said the Giant, in the German fable, to his child, who had picked up a peasant as a plaything-" meddle not with the husbandman! But for him, what would become of us Giants?" It would be well if you and your poli tical allies had the intelligence to apprehend the moral.

The Times, in a late number, has treated the subject of emigration in a lively manner. The depopulation

which has taken place since Free Trade became the law of the land, is too startling a fact to be passed over without notice; and it is thus that the leading journal speculates on the strange phenomenon. The announcement in the opening sentence may puzzle, if not alarm, some of the most zealous advocates of foreign production :

"The stream of emigration now set towards America will not stop till Ireland is absolutely depopulated; and the only question is, when will that be? Twenty years at the present rate would take away the whole of the industrious classes, leaving only the proprietors and their families, members of the learned professions, and those whose age or infirmities keep them at home. Twenty years are but a short time in treating great social or political questions. It is more than twenty years since the passing of the Emancipation Act and the introduction of the Reform Bill. What if it should really come to pass that before another twenty years the whole Celtic race shall have disappeared from these isles, and the problem of seven centuries received its solution? We dwell in wonderful times, in an age of great discoveries, splendid improvements, and grand consummations. Art has always been found the handmaid of human developments. The discovery of gunpowder put an end to the little wars and little states of the middle ages, and introduced larger political manipulations. The discovery of printing prepared for the revival of learning and arts, and paved the way to the Reformation. The discovery of the mariner's compass showed our navigators a path to the East Indies and the New World. It may be the first mission of railways to set all the populations of the Old World on the move, and send them in quest of independent and comfortable homes.

"And when will this movement stop? Incuriousness and prejudice are ready with the reply, that it will stop, at all events, when the Celtic race is exhausted. The Englishman, we are assured, is too attached to his

tion of the fields, the rent of landed property, the profit of trades, the payment of rates and taxes, depend on the people; and without the people, there must ensue a general collapse of all our institutions." To every word of this we adhere. But unless we can suppose that the people will submit to the degraded position of the foreign serfs, with whose produce they are now called upon to compete, Britain cannot hope to retain anything like its present population. The exodus must go on, and every vestige of our former greatness disappear. Unprotected labour and high taxation cannot exist together. Prolong the struggle as we may, the experience of each succeeding month will show the impossibility of such a reconciliation.

We are curious to know if, with such facts before them as those admitted in the Times, Ministers will have the temerity next year to assure us that the country generally is in prosperous circumstances. Do men emigrate wholesale from prosperous countries? Are they ever ready to leave comfort behind them, and recommence the struggle of life on a more unpromising field? If we are forced to reject that conclusion, then we defy any one to arrive at another

save this-that our recent legislation has so narrowed the sphere of labour, and so depressed its prospects, that the population are driven per force from their native country, to seek elsewhere the means of existence which they cannot procure at home.

To talk of Protection as hopeless, is to acquiesce in the national doom. All classes of the community, from the fundholder and capitalist down to the meanest labourer, have a stake in this great question. Let not the former deceive themselves. Without the labour of the people their securities are as valueless as the mere paper on which they are written. Therefore, it is their part to see that no line of policy shall be allowed to continue if it has the effect of drying up the springs of our national prosperity. If they will not listen to the remonstrances of the distressed, let them at all events view their own position dispassionately. We may be on the verge of a great crisis, and a great struggle may be approaching, but we have not the slightest doubt that the cause which must ultimately prevail is that which is essentially the cause of the people. Prosperity will only return to the nation when Native Industry is protected.