Note 14 — POSITION AND PROSPECTS OF THE GOVERNMENT.

"We believe," says Mr McCulloch himself in another part of the pamphlet, (Longman & Co., 1841, p. 23—6th Edit.) from which Sir Robert Peel is quoting, "that land is more heavily taxed than any other species of property in the country—and that its owners are clearly entitled to insist that a duty should be laid on foreign corn when imported, sufficient fully to countervail the excess of burdens laid upon the land."