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Updated: May 15, 2025
Philip, who was as fond of indirect ways as herself, proposed to quicken her irresolution. The harvest had failed in Galicia, and the population were starving. England grew more corn than she wanted, and, under a special promise that the crews should not be molested, a fleet of corn-traders had gone with cargoes of grain to Coruña, Bilbao, and Santander.
If our stock of gold is at all short our merchants give a little less per quarter for American wheat; the trade is checked; the sensibility of the market the experience of our corn-traders is such that the balance is preserved with very slight oscillations. Errors in political economy avenge themselves often fearfully on their perpetrators.
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