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Page 534 of 2651

Author: Adam Smith

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From 1637 to 1700, both inclusive, being the sixty-four last
years of the last century the average price of the quarter of
nine bushels of the best wheat, at Windsor market, appears, from
the same accounts, to have been £ 2:11:0 ⅓, which is only 1s. 0
⅓d. dearer than it had been during the sixteen years before. But,
in the course of these sixty-four years, there happened two
events, which must have produced a much greater scarcity of corn
than what the course of the seasons would otherwise have
occasioned, and which, therefore, without supposing any further
reduction in the value of silver, will much more than account for
this very small enhancement of price.

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