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Page 404 of 2651

Author: Adam Smith

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But the relative values of those two different species of food,
bread and butcher's meat, are very different in the different
periods of agriculture. In its rude beginnings, the unimproved
wilds, which then occupy the far greater part of the country, are
all abandoned to cattle. There is more butcher's meat than bread;
and bread, therefore, is the food for which there is the greatest
competition, and which consequently brings the greatest price. At
Buenos Ayres, we are told by Ulloa, four reals, one-and-twenty
pence halfpenny sterling, was, forty or fifty years ago, the
ordinary price of an ox, chosen from a herd of two or three
hundred. He says nothing of the price of bread, probably because
he found nothing remarkable about it. An ox there, he says, costs
little more than the labour of catching him.

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