Publisher's Synopsis
Excerpt from The Speech of the Earl of Liverpool, in the House of Lords 1820, on a Motion of the Marquis of Lansdown, That a Select Committee by Appointed to Inquire Into the Means of Extending and Securing the Foreign Trade of the Country
The first point then to which I wish to draw your Lordships' attention, is the state of our internal cornaizcrce. It is material to consider whether the distressed state of that commerce has grown out of any diminution in our internal consumption, or has arisen from circumstances connected with our foreign trade. I trust, that I shall very shortly be able to satisfy the House, that there is no ground for believing that any part of the distress which pervades our in. Ternal commerce, has arisen from a reduction in the use of any of the great articles of consumption. I know but of one of those articles, the consumption of which has been materially reduced, -i mean that of Wine: I have taken some pains to ascertain the actual and the comparative state of our home consumption; and'in doing so, I have thought it better to look at the amount. In quantity, rather than in value; the value being liable; from taxation and other causes, to ?uctuate; f while the quantity is a'sure'r criterion, for' determining the increase or the decrease of consumption.
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