The averages by which the duty is regulated, are
obtained in the following manner: —In 150 of the
principal market towns in England and Wales,
named in the Act of Parliament, there is an 1in-
spector of corn returns appointed, to whom every
buyer, or agent buying corn on commission, is
bound to give in a schedule containing an account
of the quantity of each description of British grain
bought by him during the week, and the price at
which each quality and sort were bought ;* these are
added together by the inspector, and the whole
quantity and average price of each description of
grain is published by him. His return is then for-
warded to the office of the Comptroller of Corn Re-
turns in London, by whom the average price of the
whole is taken and published as the general average
of the kingdom ; but to prevent the average being
acted on too suddenly, by a casual change in the
markets, this weekly average alone does not regu-
late the duty, but a further average of six weeks
is taken, and by this average of six weeks the duty
is determined, one week's average being taken off
in rotation, as each fresh week’s averace is added.
Thus, it would appear that no mode of arrange-
ment could be more simple or equitable to all par-
ties, than the present system, nor could there be
one, provided, it were acted upon and carried out as
projected ; but, unfortunately, its beneficial work-
ing is interfered with by the operations of com-
merce, which, while such a system is followed, no
legislative enactment can prevent. These operations
have their rise, and are conducted as follows :—
When, from partial failure of the harvest in
Britain, it becomes evident to the merchant, that an
importation of foreign corn will be necessary, he
takes into consideration the probabilities, as to the
# In the London market, this account is returned to the In-
spector by the factor or seller, and not by the buyer as in the pro-
vincial markets.