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
England, says he, would diminish in numbers, were it not recruited from
Scotland and Ireland. This, I say, is a contingent, not a certain
consequence: for did those grown-up adventurers cease to come in, the
inhabitants of England themselves would undoubtedly multiply, provided
an additional number of breeders could be found, able to bring up their
children. Now the importation of grown men into a country in so far
resembles the importation of slaves into our colonies, that the one and
the other diminishes the price of labour, and thereby prevents marriage
among certain classes of the natives, whose profits are not sufficient
for bringing up a family: and when any such do marry notwithstanding,
they do not multiply, as has been said. Now were the Scots and Irish to
come no more into England, the price of labour would rise; those who now
cannot bring up children, might then be enabled to do it, and this would
make the English multiply themselves; that is, it would augment the
number of their own breeders. On the other hand, did the price of labour
continue too low to prove a sufficient encouragement for an additional
number of English breeders, the contingent consequence would take place;
that is, numbers would diminish, according to our author’s supposition,
and the exportation of grain would increase, in proportion to that
diminution; and did foreign demand for grain also diminish, then
agriculture would suffer, and every thing would decline: but of this
more as we go along.
The representation he gives of the state of population in these
countries, is one modification of what I have called a moral incapacity
of a people’s increasing in numbers. It is just so in Africa, where the
inhabitants are sold; just so in Switzerland, and in many mountainous
countries, where inhabitants desert, in order to seek their fortunes
elsewhere. The national stock remains at an equal standard, and the
augmentation upon births above burials is constantly in proportion to
the exportation of inhabitants. Let this proportion rise ever so high,
an increase of national population is noways essentially to be implied
from this phenomenon alone, but must proceed from other causes.
Public-domain text, read in full here on John Shaqi.
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