An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxesSteuart, James, Sir
History
An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Steuart, James, Sir
Economics
A Machiavelian stands up (of such there are some in every country) and
proposes, in place of multiplying the inhabitants, by rendering
agriculture more operose, to diminish their number, by throwing a
quantity of corn fields into grass. What is the intention of
agriculture, says he, but to nourish a state? By our operose method of
plowing and sowing, one half of the whole produce is consumed by those
who raise it; whereas by having a great part of our island in pasture,
one half of the husbandmen may be saved. Pray what do you propose to do
with those whom you intend to make idle? replies a citizen. Let them
betake themselves to industry. But industry is sufficiently, nay more
than sufficiently stocked already. If, says Machiavel, the supernumerary
husbandmen be thrown out of a way of living, they may go where they
please; we have no occasion for them, nor for any one who lives only to
feed himself. But you diminish the number of your people, replies the
citizen, and consequently your strength; and if afterwards you come to
be attacked by your enemies, you will wish to have those back again for
your defence, whom in your security you despised. To this the other
makes answer: there you trust to the Egyptian reed. If they be necessary
for feeding us at present, how shall we be able to live while we employ
them as soldiers? We may live without many things, but not without the
labour of our husbandmen. Whether we have our grounds in tillage or in
pasture, if that class be rightly proportioned to the labour required,
we never can take any from it. In those countries where we see princes
have recourse to the land to recruit their armies, we may safely
conclude, that there the land is overstocked; and that industry has not
as yet been able to purge off all the superfluous mouths: but with us
the case is different, where agriculture is justly proportioned to the
number of husbandmen. If I propose a reform, it is only to augment the
surplus, upon which all the state, except the husbandmen, are fed; if
the surplus after the reform is greater than at present, the plan is
good, although 250 of our farmers should thereby be forced to starve for
hunger.
Though no man is, I believe, capable to reason in so inhuman a style,
and though the revolution here proposed be an impossible supposition, if
meant to be executed all at once, the same effects however must be
produced, in every country where we see corn fields by degrees turned
into pasture; only the change is gradual, industry is not overstocked
any where, and subsistence may be drawn from other countries, where the
operose species of agriculture can be carried on with profit.
Public-domain text, read in full here on John Shaqi.
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