Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
In an undated letter to Strahan, who was now a partner in Millar’s
publishing firm, about the title-page to this volume, the author desired
to be called “simply Adam Smith, without any addition either before or
behind.” He had received the honorary degree of LL.D. before leaving
Glasgow, but he did not like to be called Dr. Smith, and seldom used the
title. But politics, which had just taken a strange turn, soon commanded
his attention; and a curious letter from Smith to Shelburne (February
12, 1767) raises for a moment the curtain that divides the spectator
from the actors, and allows us to survey the scene behind which the most
enlightened member of the Government was working to introduce common
sense into the colonial policy of Great Britain. It was a scene, too, in
the greatest political drama of Adam Smith’s lifetime, which left deep,
decipherable marks on the pages of the _Wealth of Nations_.
While Smith was discussing the new principles with the philosophers of
Paris, an active spirit of dissatisfaction had been spreading in distant
communities of men. The spirit of liberty seemed to have walked forth
over the face of the earth and to threaten revolutions in every part.
The Georgians under the valiant Heraclius had revolted against their
ignominious tribute to the Turkish seraglios. The tyrannies of a French
governor had provoked insurrections in St. Domingo. The first tramp of a
revolutionary march was heard in the Spanish dominions of South America;
above all, the long and smouldering discontent in our own American
colonies had suddenly been fanned into a blaze. But Europe, whose policy
had been the source of all these woes, was for once in a peaceful mood.
The Empress of Russia was busy entertaining her savants. The Swede was
occupied at home, and the tall Pomeranian was content to drill. A
financial crisis in France and England made the two Governments
friendly; and though there were bloody feuds and insurrections in
Turkey, Poland, and Spain, the historian of Europe, surveying the year
1766 and comparing it with its predecessors, marked it with a white
chalk and fancied he could at last spell a drift towards peace in the
hollow states and bankrupt empires of the old world. Ambition indeed
seldom stoops to calculations, but the most acquisitive imperialist
seeing multitudes of unemployed, food at famine prices, and manufactures
at a standstill, began to wonder whether after all the conquests of the
war had been worth such a price. For once the governing classes were
sobered and were ready to make some grudging atonement for one of their
worst blunders. The same commercial stress which constrained the French
King to pacify his parliaments inclined the parliament of Great Britain
to appease the colonial assemblies.
Public-domain text, read in full here on John Shaqi.
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