Note 18 — THIRTY YEARS OF LIBERAL LEGISLATION.

That this statement is not exaggerated will appear evident from the following returns:—

1845.1847.

Corn, flour, meal, live animals, &c., imported to October 10, £4,410,091 £31,241,766

This of itself, coupled with the simultaneous contraction of the currency and fall of the exports, will explain the whole catastrophe.