The Wealth of Nations by Part 4 Chapter 5 Page 47

greater part, more than two-thirds, of the produce of the buss fishery abroad. Between thirty and forty years ago, before the establishment of the buss bounty, fifteen shillings the barrel, I have been assured, was the common price of white herrings.

Between ten and fifteen years ago, before the boat fishery was entirely ruined, the price is said to have run from seventeen to twenty shillings the barrel. For these last five years, it has, at an average, been at twenty-five shillings the barrel. This high price, however, may have been owing to the real scarcity of the herrings upon the coast of Scotland. I must observe, too, that the cask or barrel, which is usually sold with the herrings, and of which the price is included in all the foregoing prices, has, since the commencement of the American war, risen to about double