Date: February 20, 1992
Creator: Carr, A. Barry
Description: An English Act of 1663 imposed a duty on grain imported from abroad whenever the domestic price was below a legislatively set price floor. The English farmer enjoyed a virtual monopoly in the domestic market. By the same token, he was allowed to export grain whenever the domestic price exceeded the price floor, and, after 1673, was granted a bounty (subsidy) on grain exports.
Contributing Partner: UNT Libraries Government Documents Department