Adam Smith：The Wealth of Nations, Book IV, Chapter V, Paragraph 1251

By this statute, the high duties upon importation for home consumption are taken off, so soon as the price of middling wheat rises to 48s. the quarter; that of middling rye, pease, or beans, to 32s.; that of barley to 24s.; and that of oats to 16s.; and instead of them, a small duty is imposed of only 6d upon the quarter of wheat, and upon that or other grain in proportion. With regard to all those different sorts of grain, but particularly with regard to wheat, the home market is thus opened to foreign supplies, at prices considerably lower than before.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book IV, Chapter V, paragraph 1251 · Verified：2026-10-19 · Verification：Exact match

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