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Strange to say, the immediate occasion for the second inquiry was the occurrence of three magnificent harvests in succession, which brought down the average price of wheat from 58s. 8d. in 1832 to 53s. in 1833, 46s. 2d. in 1834, and 39s. 4d. in 1835, whence it rose to 48s. 6d. after the harvest of 1836.
In the five years from 1870 to 1874 it ranged from 46s. 10d. to 58s. 8d., the average for the five years being 54s. 7d. per quarter. The reduction in price has only been 3d. per quarter, or less than one half per cent. In 1841 the population of the United Kingdom was 27,036,450.
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