Publisher's Synopsis
Excerpt from Appletons' Popular Science Monthly, Vol. 53: May to October, 1898
A glance at the table of production and imports given above does not betray any in?uence of these successive changes in the rates of duty on imported wheat. The price of wheat was controlled not by conditions in France, but by conditions acting throughout the commercial world. It was even asserted that the cost of producing a hectoli tre of wheat in France had risen in recent years, and now stood at the high figure of twenty-six francs. The market price obtainable was only fiance in 1892, fiance in 1893, and francs in 1894, and abundant crops at home and abroad threat ened even lower prices. With such pressure of competition the agrarian party acquired strength and in?uence, and in February, 1894, obtained an increase in the duty on foreign wheat to seven francs the quintal. In less than fifteen years the duty had thus been raised from a nominal rate of sixty centimes to seven francs the quintal.
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