I confess, that on the general subject my views have in the course of twenty years undergone a great alteration. I used to be of opinion that corn was an exception to the general rules of political economy: but observation and experience have convinced me that we ought to abstain from all interference with the supply of food. Neither a government nor a legislature can ever regulate the corn market with the beneficial effects which the entire freedom of sale and purchase are sure of themselves to produce.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "I confess, that on the general subject my views have in the course of twenty years undergone a great alteration. I used to be of opinion that corn was an exception to the general rules of political economy: but observation and experience have convinced me that we ought to abstain from all interference with the supply of food. Neither a government nor a legislature can ever regulate the corn market with the beneficial effects which the entire freedom of sale and purchase are sure of themselves to produce." in the context of "Address to the electors of the City of London in support of Corn Law repeal, 22 November 1845" to mean that wisdom is timeless.