Besides the general reasons of the failure already indicated, there were three special causes in active operation, which, though not seen at the period, have become distinct enough since. (1) A comparatively free export of wool had been permitted in England from time immemorial. It was subject neither to conditions of price nor to duties in the times under consideration, was easier of transport and much less liable to damage than corn, and, under the extending manufactures of France and the Low Countries, was sure of a foreign as well as a domestic market. Here was one description of rural produce on which there was the least embargo, and on which some reliance could be placed that it would in all circumstances bring a fair value; while corn, the prime rural produce, was subject as a commodity of merchandise to every difficulty, internally and externally, which meddling legislation and popular prejudice could impose. The numerous statutes enjoining tillage and discouraging pastoral farms--or in other words requiring that agriculturists should turn from what was profitable to what was unprofitable--had consequently no substantial effect, save in the many individual instances in which the effect may have been injurious. (2) The value of the standard money of the kingdom had been undergoing great depreciation from two opposite quarters at once. The pound sterling of England was reduced in weight of pure metal from £1: 18: 9 in 1436, the date of the first of the corn statutes, to 4s. 7¾d. in 1551, as far as can be estimated in present money, and to £1: 0: 6¾ under the restoration of the coinage in the following year. At the same time the greater abundance of silver, which now began to be experienced in Europe from the discovery of the South American mines, was steadily reducing the intrinsic value of the metal. Hence a general rise of prices remarked by Hume and other historians; and hence also it followed that a price of corn fixed for export or import at one period became always at another period more or less restrictive of export than had been designed. (3) The wages of labour would have followed the advance in the prices of commodities had wages been left free, but they were kept down by statute to the three or four pence per day at which they stood when the pound sterling contained one-fourth more silver, and silver itself was much more valuable. This was a refinement of cruelty. The feudal system was breaking up; a wage-earning population was rapidly increasing both in the farms and in the towns; but the spirit of feudalism remained, and the iron collar of serfdom was riveted round the necks of the labourers by these statutes many generations after they had become nominally freemen.[1] The result was chronic privation and discontent among the common people, by which all the conditions of agriculture and trade in corn were further straitened and barbarized; and an age, in some high respects among the most brilliant in the annals of England, was marked by an enormous increase of pauperism, and by the introduction of the merciful but wasteful remedy of the Poor Laws.