Page:The wealth of nations, volume 3.djvu/414

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The Wealth of Nations
But to that there is to be added again, the duty of the foreign salt used in curing a barrel of herrings, viz.
0 12 6¼

So that the premium allowed for each barrel of herrings entered for home consumption, is
£1 3

If the herrings are cured with British salt, it will stand as follows, viz.:
Bounty on each barrel brought in by the busses as above
£0 12
From which deduct the 1s. a barrel paid at the time they are entered for home consumption
0 1 0¼

£0 11
But if to the bounty the duty on two bushels of Scots salt at 1s. 6d. per bushel, supposed to be the quantity at a medium used in curing each barrel, is added, to wit:
0 3 0¼

The premium for each barrel entered for home consumption will be
£0 14

Though the loss of duties upon herrings exported cannot, perhaps, properly be considered as bounty, that upon herrings entered for home consumption certainly may.