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Gazette Of The United States
New York, New York County, New York
What is this article about?
A letter from Liverpool dated 21 October reports a UK council order prohibiting imports of wheat, rye, barley, beans, and oats into the kingdom once average prices fall below the low-duty threshold per the consolidation act. Prices are declining, so ports may close soon to foreign grain except pease.
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"We beg leave to acquaint you, that an order of council, is issued to prohibit the importation of wheat, rye, barley, beans, and oats, into any part of the kingdom, at the end of six days after the price of each sort, taken upon an average of the prices of the whole kingdom, according to the tables published weekly in the London Gazette, shall be below the price at which such sort of grain is allowed by the consolidation act to be imported at the low duties.
The first general average prices of the whole kingdom, to which this order of council refers, will be published in next Saturday's London Gazette; and as the prices have been on the decline for several weeks past, it may be expected that the ports will very soon be shut against all sorts of foreign grain, pease, alone excepted, which are not included in the prohibition."
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Where did it happen?
Foreign News Details
Primary Location
Liverpool
Event Date
21 October Last
Outcome
prohibition of imports expected soon due to declining grain prices; pease excepted.
Event Details
An order of council prohibits importation of wheat, rye, barley, beans, and oats into the kingdom six days after average prices fall below the low-duty threshold per the consolidation act, based on weekly London Gazette tables. First averages to be published next Saturday; prices declining for weeks, so ports likely to close to foreign grain soon, except pease.