Appletons' Popular Science Monthly, February 1899: Volume LIV, No. 4, February 1899Various
Science
Appletons' Popular Science Monthly, February 1899: Volume LIV, No. 4, February 1899
Various
Science -- Periodicals; Technology -- Periodicals
It is pertinent at this point to notice the averment that is
frequently made, that cultivators of the soil can not incorporate
taxes on the land in the price of their products, because the price of
their whole crop is fixed by the price at which any portion of it can
be sold in foreign markets. In answer to this we have first the fact
that, to give the population of the world an adequate supply of food
and other agricultural products, it is not only necessary that all the
land at present under cultivation shall continue to be so employed,
but further that new lands shall each year be brought under
cultivation, or else the land already cultivated shall be made more
productive.
The population of the world steadily increases, notwithstanding wars,
epidemics, and all the evils which are consequences of man's ignorance
and of his improper use of things, his own faculties included. Hence,
in case of increased taxation on land, the cultivator of the soil is
generally enabled to transfer easily and promptly the burden of the
tax to the purchasers of the products he raises, without abandoning
the cultivation even of the least productive soil.
Furthermore, the exports of many agricultural products are due not to
the cheapness of their cost of production, but to the variations which
occur in the productiveness of the crops of other countries. M.
Rouher, a French economist, and for a period a minister of commerce,
thoroughly investigated this matter, and proved by incontestable data
that almost invariably when the yield of breadstuffs in Europe was
large in the country drained by the Black and Baltic Seas, it was
small in the countries drained by the Atlantic. This variation in the
yield of agricultural crops forces the countries where crops are
deficient to purchase from those where they are abundant, or who have
a surplus on hand from previous abundant harvests. In the United
States, when the harvests are abundant, the American farmers, rather
than sell below a certain price, keep a portion of their crops on hand
until bad crops in Europe produce a foreign demand, which has to be
supplied at once. Under such circumstances those who hold the surplus
stock of breadstuffs, or any other product, would control the price,
and not the foreigners who stand in need of it. The only check, then,
to the cupidity of the holders of breadstuffs is the competition
between themselves, which invariably suffices to prevent any undue
advantage being taken of the necessities of the countries whose
harvests are deficient. These bad crops occur frequently enough to
consume all the surplus of the countries that produce in excess of
their own wants. In fact, this transient, irregular demand is counted
upon and provided for by producers just as much so as the regular home
demand--hence is one of the elements that regulate production and
control prices.
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