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Even this does not exhibit the full extent OF the
disparity; for the British sliding scale OF Ou-
ties on Imported Grain renders the importation
from countries as distant az ours morally certain
20 be made at a loss. When there j. a scarcity of
Grain, the great operators hold back the supply
and crowd up the price; this reduces the dsty
when the reduction has reached the desired point.
they rush large quantity from the nearest Foreign
ports, when down goes the price and up spring
The duty again, shutting the door against farther
importation; and when tae American dealer,
tempted by the news Of a rise in England, come,
along with his Grain, the price has fallen and the
duty risen so as to ruin him