An Inquiry into the Nature and Causes of the Wealth of NationsSmith, Adam
History
An Inquiry into the Nature and Causes of the Wealth of Nations
Smith, Adam
Economics
During the course of the last century, taking one year with another, grain
was dearer in both parts of the united kingdom than during that of the
present. This is a matter of fact which cannot now admit of any reasonable
doubt; and the proof of it is, if possible, still more decisive with
regard to Scotland than with regard to England. It is in Scotland
supported by the evidence of the public fiars, annual valuations made upon
oath, according to the actual state of the markets, of all the different
sorts of grain in every different county of Scotland. If such direct proof
could require any collateral evidence to confirm it, I would observe, that
this has likewise been the case in France, and probably in most other
parts of Europe. With regard to France, there is the clearest proof. But
though it is certain, that in both parts of the united kingdom grain was
somewhat dearer in the last century than in the present, it is equally
certain that labour was much cheaper. If the labouring poor, therefore,
could bring up their families then, they must be much more at their ease
now. In the last century, the most usual day-wages of common labour
through the greater part of Scotland were sixpence in summer, and
fivepence in winter. Three shillings a-week, the same price, very nearly
still continues to be paid in some parts of the Highlands and Western
islands. Through the greater part of the Low country, the most usual wages
of common labour are now eight pence a-day; tenpence, sometimes a
shilling, about Edinburgh, in the counties which border upon England,
probably on account of that neighbourhood, and in a few other places where
there has lately been a considerable rise in the demand for labour, about
Glasgow, Carron, Ayrshire, etc. In England, the improvements of
agriculture, manufactures, and commerce, began much earlier than in
Scotland. The demand for labour, and consequently its price, must
necessarily have increased with those improvements. In the last century,
accordingly, as well as in the present, the wages of labour were higher in
England than in Scotland. They have risen, too, considerably since that
time, though, on account of the greater variety of wages paid there in
different places, it is more difficult to ascertain how much. In 1614, the
pay of a foot soldier was the same as in the present times, eightpence
a-day. When it was first established, it would naturally be regulated by
the usual wages of common labourers, the rank of people from which foot
soldiers are commonly drawn. Lord-chief-justice Hales, who wrote in the
time of Charles II. computes the necessary expense of a labourer’s family,
consisting of six persons, the father and mother, two children able to do
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