Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
Many economic questions such as pauperism, slavery, hiring, banking,
export bounties on linen, rent, leases, highways, the relative
advantages of large and small farms, were discussed by a society which,
in Stewart’s words, contributed so much to the fame and improvement of
Scotland. A year after its foundation Hume wrote to Allan Ramsay that it
had grown to be a national concern. “Young and old, noble and ignoble,
witty and dull, laity and clergy, all the world are ambitious of a place
amongst us, and on each occasion we are as much solicited by candidates
as if we were to choose a member of Parliament.” The society did more
than debate. Adam Smith and eight others were appointed managers to
carry out a scheme for the promotion of Scottish arts, sciences,
manufactures, and agriculture. Executive committees were formed.
Contributions poured in; and prizes and premiums large in those days
were offered and awarded for every subject under the sun. From the
researches of Mr. Rae we learn, for example, that twenty-six prizes were
offered in the first year (1755), including three gold medals for the
best discovery in science, the best essay on taste, and the best on
vegetation. Six silver medals were given, including one for the best and
most correctly printed book, another for the best imitation of English
blankets, and a third for the best hogshead of strong ale. Four years
later the number of prizes given had increased to 142, and they included
one for the person who cured most smoky chimneys.
The society sank as suddenly as it rose. After only a decade of
brilliant usefulness, the meteor fell, and expired, it is said, in a
flash of Townshend’s wit. “Why,” he asked, after listening to a debate
rich in eloquence, but unintelligible to a southern ear, “why can you
not learn to speak the English language as you have already learned to
write it?” So the society died, and Thomas Sheridan, father of the
statesman, came to Edinburgh with a course of lectures on English
elocution, which he delivered to about three hundred eminent gentlemen
in Carrubber’s Close.
Upon the ashes of this famous society arose an equally patriotic but
perhaps less beneficent organisation. The Poker Club, as its name
indicated, was intended to be an instrument for stirring opinion. The
cause to be agitated was the establishment of a Scotch Militia on
national lines, to be followed, as some of its radical members hoped, by
a parliamentary reform which would “let the industrious farmer and
manufacturer share at last in a privilege now engrossed by the great
lord, the drunken laird, and the drunkener bailie.”
Public-domain text, read in full here on John Shaqi.
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