40
amongst
them
;
to
preserve
which,
from
the
invasion
of
competitors
they
have
introduced
the
practice
of
fixing-
a
stated
price
for their
goods,
(from
which
none
of
them
depart,)
and
of
periodically,
or
according
to
circumstances,
raising
and
lowering
those
prices,
to
the
whole
of
the
trade
of
Rec-
tifiers
indiscriminately.
This
Spirit
is
sold
by
the
Malt
Distiller,
at
a
certain
definite
overproof
strength,
to
the
Recti-
fier,
who,
by
a second
distillation,
deprives
it
of
its
essential
oil;
and
then
again,
by
a
third
process
through
his
still,
(with
the
addition
of
Juniper
Ber-
ries
and
other
ingredients,)
he
converts
it
into
the
article
called
British
Gin.
In
consequence
of
this
system,
the
Rectifiers,
into
whose
hands
the
Spirit
next
passes,
and
who
make
it
into
Gin,
are
obliged
to
adopt
the
same
course
;
and,
therefore,
set
that
price
to
their
Gin-shop
cus-
tomers,
and
others
of the
trade,
which
will
yield
them
a
fair
profit,
and
at
which
no
competitors
can
undersell
them,
except
at
a
partial
loss.
nopoly,
is
this:
no
sooner
does
any
Rectifier
attempt
to
undersell
the
stated
price
which
has
been
given
out,
than
he
is
immediately
refused
any
further
supply
of
Spirit
from
the
Malt
Distiller;
and
should
he
evade
the
obstacle
thus
thrown
in
his
way,
by
manufac-
turing
his
Gin
from
Scotch
or
Irish
Whiskey,
or
Rum,
the
whole
of
the
trade
immediately
lower
their
prices
to
a standard
considerably
below
that
at
which
he
is
selling,
(however
great
the
sacrifice
may
be
at
which
they
do
it,)
until
he
is
compelled,
from
the
pros-
pect
of
either
losing
the
whole
of
his
connexion,
or
suffering
him-
self
to
be
totally
ruined,
to
give
up
the
contest,
and
return
to
the
old
price.