But a slight rise such as that of this year has no perceptible effect.
'When the stimulus of cheap corn is added to that of cheap money, the full conditions of a great and diffused rise of prices are satisfied.

This new employment supplies a mode in which money can be invested.

Bills are drawn of greater number and greater magnitude, and through the agencies of banks and discount houses, the savings of the country are invested in such bills.

There is thus a new want and a new purchase-money to supply that want, and the consequence is the diffused and remarkable rise of price which the figures show to have occurred.
'The rise has also been aided by the revival of credit.

This, as need not be at length explained, is a great aid to buying, and consequently a great aid to a rise of price.