Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
ADAM SMITH
CHAPTER I
EARLY YEARS
Adam Smith was born on June 5, 1723, in the “lang toun” of Kirkcaldy. It
was one of the “mony royal boroughs yoked on end to end like ropes of
ingans, with their hie-streets and their booths, and their kraemes and
houses of stane and lime and forestairs,” which led Andrew Fairservice
to contrast “the kingdom of Fife” with the inferior county of
Northumberland; nay, it furnished him with a special boast, “Kirkcaldy,
the sell o’t, is langer than ony toun in England.” It had been a royal
borough from the time of Charles I., and had declined, like many other
Scotch towns, in the religious wars of the seventeenth century. Many of
its citizens who had fought for the Covenant had fallen on the fatal
field of Tippermuir. But it still contained about 1500 inhabitants, who
were variously employed as colliers, fishermen, salters, nailmakers, and
smugglers. From the harbour you might walk a mile or more westward along
the High Street, enjoying from time to time a glimpse of the sea and
shelving beach, where the line of shops opened for a narrow “wynd,” or a
still narrower “close” threaded the high-walled gardens of a few
substantial houses. In one of these Adam Smith wrote the _Wealth of
Nations_, and probably in one of these he was born. The father, who died
a few weeks before the birth of his only child, had been a leading
townsman. Adam Smith the elder was a man of note in his own day. From
1707 to his death he was a Writer,[1] _i.e._ solicitor, and Judge
Advocate for Scotland. He had acted as private secretary to Lord Loudon,
then Minister for Scotland; and Loudon, on leaving office in 1713,
obtained for his secretary the Comptrollership of Customs at Kirkcaldy—a
post worth about £100 a year.
His widow lived to a great age, and saw her boy rise step by step to the
fulness of fame. She is said to have been an over-indulgent mother; but
her devotion was repaid by the life-long love of a most tender son. Mrs.
Smith’s maiden name was Margaret Douglas, and she was the daughter of
the Laird of Strathendry, in the county of Fife. At Strathendry the
future economist had a narrow escape; for one day as he played at the
door he was picked up and carried off by a party of vagrant tinkers.
Luckily he was soon missed, pursued and overtaken in Leslie Wood; and
thus, in the grandiose dialect of Dugald Stewart, there was preserved to
the world “a genius, which was destined, not only to extend the
boundaries of science, but to enlighten and reform the commercial policy
of Europe.”
Public-domain text, read in full here on John Shaqi.
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