Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
Yet neither tolerance, nor patriotic bias, nor the improbability of
reform prevented him from criticising bad institutions. He saw how evil
was the system of unpaid magistracies which Bentham burned and Gneist
adored. He saw how advantageous was the famous excise scheme which
ruined Walpole. He objected to large farms and entailed estates, and was
not afraid to declare that a thousand acres ought to be purchased as
easily as a thousand yards of cloth. He laughed at the notion, still
strangely prevalent, that agriculture is injured by manufactures. “It is
always a sign,” he says, “that the country is improving, when men go to
town. There are no parts of the country so well inhabited nor so well
cultivated as those which lie in the neighbourhood of populous cities.”
He described how Philip IV. went to the plough himself to set the
fashion, and did everything for the farmers except bringing them a good
market; how he conferred the titles of nobility upon several farmers,
and very absurdly endeavoured to oppress manufacturers with heavy taxes
in order to force them to the country.
Smith concluded his discourse upon Cheapness or Plenty with a few
remarks on the influence of commerce on manners; and having thus laid
the foundations of a new science, a true system of political economy, he
went on to “Arms” (Part IV.), and treated of Militias, Discipline, and
Standing Armies. His course ended with a survey (Part V.) of the Laws of
Nations. The rules, he remarks, which nations ought to observe, or do
observe, with one another cannot be stated with precision. It is true
that the rules of property and of justice are pretty uniform in the
civilised world. But with regard to international law, what Grotius had
said was still true. It was hard to mention a single regulation that had
been established with the common consent of all nations and was observed
as such at all times. Smith, as usual, sought for the reason, and as
usual found it. “This must necessarily be the case; for where there is
no supreme legislative power nor judge to settle differences we may
always expect uncertainty and irregularity.”
The pope, indeed, as the common father of Christendom, had introduced
more humanity into warfare; but except for this hint Smith seems to have
made no proposal for filling up the blank. We can only imagine how one
who so loved peace and hated war would have rejoiced to see nations
moving slowly but surely towards the idea of an international judge, and
learning that, as the Duel is not the last word of civilisation in
individual quarrels, so the Battle is not the last or the best trial of
disputes between nations.
CHAPTER VI
GLASGOW AND ITS UNIVERSITY
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