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The wool of Scotland fell very considerably in its price in

consequence of the union with England, by which it was excluded

from the great market of Europe, and confined to the narrow one

of Great Britain. The value of the greater part of the lands in

the southern counties of Scotland, which are chiefly a sheep

country, would have been very deeply affected by this event, had

not the rise in the price of butcher's meat fully compensated the

fall in the price of wool.