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المؤلف: Adam Smith

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In March 1764, there was a parliamentary inquiry into the causes
of the high price of provisions at that time. It was then, among
other proof to the same purpose, given in evidence by a Virginia
merchant, that in March 1763, he had victualled his ships for
twentyfour or twenty-five shillings the hundred weight of beef,
which he considered as the ordinary price; whereas, in that dear
year, he had paid twenty-seven shillings for the same weight and
sort. This high price in 1764 is, however, four shillings and
eight-pence cheaper than the ordinary price paid by Prince Henry;
and it is the best beef only, it must be observed, which is fit
to be salted for those distant voyages.
The price paid by Prince Henry amounts to 3d. ⅘ths per pound
weight of the whole carcase, coarse and choice pieces taken
together; and at that rate the choice pieces could not have been
sold by retail for less than 4½d. or 5d. the pound.

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