Saint Patrick once said that he had found the entrance to hell in Ireland.
If England had taken less butter, wheat, and other rents from Ireland during the Great Famine, so many people would not have died. However, the landlords in England probably could not have borne that.
In 1825, a financial crisis broke out in England. This time, there were no natural disasters or wars; it was caused entirely by overcapacity, and from then on, financial crises began erupting almost once every ten years.
By then, the Bubble Act had been repealed, and raising capital was no longer so troublesome. Textile mills could expand without limit, but there was no market left, and vast numbers of banks collapsed. In 1837, America's Free Banking Crisis erupted, while the Chartist movement broke out in Britain. Even landlords who had not squandered all their rents in drunken luxury suffered devastating losses.
In 1847, Parliament amended the Poor Law. The original intention of this act was to exempt certain tenant farmers from rent and make landlords pay more land tax. In the past, because of war, grain imports into England had been limited, which had indirectly served as a protective tariff. After the Corn Laws were repealed, grain prices fell, but British farmers were no longer like they had been in 1802, staging the Bread and Blood Movement to protest and resist foreign grain imports. They could give up growing grain.
This was the golden age of British railway speculation. With money, they could buy cheap imported foreign grain and earn more than they did from toiling for an entire year. Moreover, gold mines were discovered in California, America, in 1848, and the Gold Rush drew many Europeans to America. The final solution to the Great Famine was also to send large numbers