Transit Quotes
With regard to certain other fallacies with which the farmers have been beset, and latterly more so than ever; the farmer has been told that if there was a free trade in corn, wheat would be so cheap, that he would not be able to carry on his farm. He is directed only to look at Dantzic, where corn, he is told, was once selling at 15s. 11d. per quarter, and on this the Essex Protection Society put out their circulars, stating that Dantzic wheat is but 15s. 11d. per quarter, and how would the British farmer contend against this? ...As far as I can obtain information from the books of merchants, the cost of transit from Dantzic, during an average of ten years, may be put down at 10s. 6d. a quarter, including in this, freight, landing, loading, insurance, and other items of every kind. This is the natural protection enjoyed by the farmers of this country.
Richard Cobden