Benjamin Franklin : $b Representative selections, with introduction, bibliograpy, and notesFranklin, Benjamin
General
Benjamin Franklin : $b Representative selections, with introduction, bibliograpy, and notes
Franklin, Benjamin
Franklin, Benjamin, 1706-1790
[Footnote i-230: Although no scholarly substitute for the works of
Quesnay, Mirabeau, Mercier de la Rivière, Dupont de Nemours, Le Trosne,
Abbé Bandeau, Abbé Roubaud, and some pieces of the occasional physiocrat
Turgot, the following will enable the student to derive adequately for
general purposes the thought of the Économistes: H. Higgs, _The
Physiocrats_ (1897); Gide and Rist, op. cit.; L. H. Haney, _History of
Economic Thought_ (1911), 133-57; G. Weulersse, _Le mouvement
physiocratique en France (de 1756 à 1770)_; A. Smith, _Wealth of
Nations_, Bk. IV, chap. IX; J. Bonar, _Philosophy and Political Science_
(1893); in addition see critical and interpretative writings of Oncken,
Stem, Kines, Hasbach, Schelle, Bauer, Feilbogen, De Lavergne.]
[Footnote i-231: An integral idea of the French school was its advocacy
of the _impôt unique_--a single tax on land. It is difficult to find
evidence to controvert Mr. Carey's assertion that Franklin seems never
to have advocated this tax (_op. cit._, 154). However, in marginalia on
a pamphlet by Allan Ramsay, Franklin held: "Taxes must be paid out of
the Produce of the Land. There is no other possible Fund" (cited by
Carey, 155). Another reference is found in a letter of 1787 to Alexander
Small: "Our Legislators are all Land-holders; and they are not yet
persuaded, that all taxes are finally paid by the Land" (_Writings_, IX,
615). It is probable that he felt that a land tax would be dubiously
effective in view of the difficulties of collection in sparse
settlements.]
[Footnote i-232: _Writings_, II, 313 (July 16, 1747). See also _Note
Respecting Trade and Manufactures_, London, July 7, 1767 (Sparks, II,
366):
"Suppose a country, X, with three manufactures, as _cloth_,
_silk_, _iron_, supplying three other countries. A, B, C, but
is desirous of increasing the vent, and raising the price of
cloth in favor of her own clothiers.
In order to do this, she forbids the importation of foreign
cloth from A.
A, in return, forbids silks from X.
Then the silk-workers complain of a decay of trade.
And X, to content them, forbids silks from B.
B, in return, forbids iron ware from X.
Then the iron-workers complain of decay.
And X forbids the importation of iron from C.
C, in return, forbids cloth from X.
What is got by all these prohibitions?
_Answer._--All four find their common stock of the enjoyments
and conveniences of life diminished."]
[Footnote i-233: _Writings_, IV, 469-70.]
[Footnote i-234: _Ibid._, V, 155.]
[Footnote i-235: Passy, May 27, 1779 (_Writings_, VII, 332).]
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