An Inquiry Into the Nature and Causes of the Wealth of NationsSmith, Adam
General
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
eightpence 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, &c. 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 something, and two not able, at ten shillings a-week, or twenty-six
pounds a-year. If they cannot earn this by their labour, they must make
it up, he supposes, either by begging or stealing. He appears to have
enquired very carefully into this subject[9].
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account