ABSTRACT
A duty of 3s. per quarter was imposed accordingly. Hincks accompanied the Bill with a memorandum arguing that under the existing law 58s. 6d. per quarter was the minimum market price at which it could pay the Canadian grower to sell his wheat in England.3 Peel had assumed that foreign wheat began to compete when the price reached 56s.: accordingly, even after the changes of 1842, the concession would be one worth having.
