Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
Adam Smith was one of the original members of the Poker Club, which
gathered in most of the Select Society; but before 1776 he had changed
his opinions, for, in the _Wealth of Nations_, he comes to the
conclusion that “it is only by means of a well regulated standing army
that a civilised country can be defended.” If it relied for its defence
on a militia, it would be exposed to conquest. The militia movement is
mentioned by Smith in a letter to Strahan (April 4, 1760), in the course
of some reflections suggested by the Memoirs of Colonel Hooke. The
passage is interesting as a Scotch Whig’s explanation and defence of the
disaffection which prevailed north of the Tweed in the early part of the
eighteenth century:—
“_Apropos_ to the Pope and the Pretender, have you read Hook’s
Memoirs? I have been ill these ten days, otherwise I should have
written to you sooner, but I sat up the day before yesterday in my bed
and read them thro’ with infinite satisfaction, tho’ they are by no
means well written. The substance of what is in them I knew before,
tho’ not in such detail. I am afraid they are published at an unlucky
time, and may throw a damp upon our militia. Nothing, however, appears
to me more excusable than the disaffection of Scotland at that time.
The Union was a measure from which infinite good has been derived to
this country. The Prospect of that good, however, must then have
appeared very remote and very uncertain. The immediate effect of it
was to hurt the interest of every single order of men in the country.
The dignity of the nobility was undone by it. The greater part of the
gentry who had been accustomed to represent their own country in its
own Parliament were cut out for ever from all hopes of representing it
in a British Parliament. Even the merchants seemed to suffer at first.
The trade to the Plantations was, indeed, opened to them. But that was
a trade which they knew nothing about; the trade they were acquainted
with, that to France, Holland, and the Baltic, was laid under new
embar[r]assments, which almost totally annihilated the two first and
most important branches of it. The Clergy, too, who were then far from
insignificant, were alarmed about the Church. No wonder if at that
time all orders of men conspired in cursing a measure hurtful to their
immediate interest. The views of their Posterity are now very
different; but those views could be seen by but few of our
forefathers, by those few in but a confused and imperfect manner.”
In the same letter he asks to be remembered to Benjamin Franklin (who
had lately visited Glasgow), and also to Griffiths, the editor of the
_Monthly Review_, which had just paid a handsome tribute to the
_Theory_.
Public-domain text, read in full here on John Shaqi.
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