Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
During his stay in London Smith was in close intercourse with the ruling
kings of art, science, and letters, as well as with some of the leading
statesmen. We hear of him in January 1775 with Johnson, Burke, and
Gibbon at a dinner given by Sir Joshua Reynolds. In December, Horace
Walpole met him at Beauclerk’s. With Gibbon, as we have seen, he
attended Dr. William Hunter’s lectures on Anatomy. Hume’s letters to him
were addressed to the British Coffee House in Cockspur Street, a club
kept by a clever sister of Bishop Douglas and much favoured by Scots in
London, though Goldsmith, Reynolds, Garrick, and Richard Cumberland were
also members. In 1775 he was elected a member of the famous Literary
Club which met at the Turk’s Head in Gerrard Street. The members present
on the night of his election were Gibbon, Reynolds, Beauclerk, and Sir
William Jones, three of whom appear in Dean Barnard’s lines:—
“If I have thoughts and can’t express ’em,
Gibbon shall teach me how to dress ’em
In form select and terse;
Jones teach me modesty and Greek,
Smith how to think, Burke how to speak,
And Beauclerk to converse.”
The still small voice of a detractor was heard: Boswell wrote to a
friend that with Smith’s accession the club had “lost its select merit.”
All this time the fatal quarrel with America was drawing near. Upon
this, as upon all other economical questions, Smith was in full sympathy
with Burke, “the only man I ever knew who thinks on economic subjects
exactly as I do, without any previous communications having passed
between us.” This compliment, as we know, was highly valued by the
author of the speech on American Taxation. But Smith had another friend
and counsellor for his critical chapter on the colonies and their
administration. Dr. Franklin is reported to have said, that “the
celebrated Adam Smith when writing his _Wealth of Nations_ was in the
habit of bringing chapter after chapter as he composed it to himself,
Dr. Price, and others of the literati”; that he would then patiently
hear their observations, sometimes submitting to write whole chapters
anew, and even to reverse some of his propositions. Franklin’s remark
has probably been inaccurately reported. We know from one of Smith’s
letters that he had not a high opinion of Dr. Price as an economist; but
Parton, Franklin’s biographer, justly points to the countless colonial
illustrations with which the _Wealth of Nations_ abounds, and to that
intimate knowledge of American conditions which Franklin was of all men
the best fitted to impart. And there is internal evidence in the text
itself that the important chapter on the colonies in Book IV. was
written, or at least considerably enlarged, in the years 1773 and 1774.
Franklin’s papers contained problems which seemed to have been jotted
down at meetings of philosophers, and no doubt Price as well as Smith
would take a prominent part. At Glasgow Smith must have heard a good
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account