Wheatley, John, An essay on the theory of money and principles of commerce

(London :  Printed for T. Cadell and W. Davies, by W. Bulmer and Co.,  1807-1822.)

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329

com))ensation. In a late projected composition govern- chapter
ment very properly departed from the principle of a fixed ^ j^^^
income, and as a (a) commutation for tithes, it was pro¬
posed to grant a stipendiary salary, according to the price
of corn. The basis upon which the compensation was to
be negotiated was perfectly just; but I have already
shewn the inefficiency of corn as an exclusive standard;
and whenever it may be necessary for any object of ex¬
tended policy to ascertain the relative value of money for
a period of long duration, the principles, upon which Sir
George Shuckburgh constructed his table of proportions,
will be found the least objectionable.
 

[a) Mr, Pitt had obtained the sanction of those most interested in the
measure ; and so far was it approved, that a bill was even prepared with
the view of submitting it to the consideration of parliament.
 

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