Sir George Grant Suttie, Letter to the Right Honourable Lord Viscount Melbourne on the Cause of the Higher Average Price of…
“ The real wages, therefore, the quantity of wheat the labourers could purchase, was double in Britain what it was in Prussia. In a national point of view, labour is the true standard of value; if it is admitted that labour in Britain exchanges for a greater quantity of grain than it does in Prussia, it follows that grain is cheaper in Britain.I shall now advert to what may almost be termed a fourth cause for the higher average price of grain in Britain—the cultivation of poor land. This the abolitionists maintain to be the necessary and natural consequence of monopoly. ”
