In the same way, a chamber in which each should consult exclusively his
own immediate interest as a consumer, would tend to systematize liberty,
to suppress all restrictive measures, to overthrow all artificial
barriers--in a word, to realize the _theory of plenty_.
Hence it follows:
That to consult exclusively the immediate interest of the producer, is
to consult an interest which is anti-social.
That to take for basis exclusively the immediate interest of the
consumer, would be to take for basis the general interest.
Let me enlarge on this view of the subject a little, at the risk of
being prolix.
A radical antagonism exists between seller and buyer.*
The former desires that the subject of the bargain should be scarce, its
supply limited, and its price high.
The latter desires that it should be _abundant_, its supply large, and
its price low.
The laws, which should be at least neutral, take the part of the seller
against the buyer, of the producer against the consumer, of dearness
against cheapness,** of scarcity against abundance.
* The author has modified somewhat the terms of this
proposition in a posterior work.--See _Harmonies
Économiques_, chapter xi.--Editor.
** We have not in French a substantive to express the idea
opposed to that of dearness (cheapness). It is somewhat
remarkable that the popular instinct expresses the idea by
this periphrase, _marché avantageux, bon marche'_. The
protectionists would do well to reform this locution, for it
implies an economic system opposed to theirs.
They proceed, if not intentionally, at least logically, on this datum:
_a nation is rich when it is in want of everything_.
For they say, it is the producer that we must favour by securing him a
good market for his product. For this purpose it is necessary to raise
the price, and in order to raise the price we must restrict the supply;
and to restrict the supply is to create scarcity.
Just let us suppose that at the present moment, when all these laws
are in full force, we make a complete inventory, not in value, but in
weight, measure, volume, quantity, of all the commodities existing in
the country, which are fitted to satisfy the wants and tastes of its
inhabitants--corn, meat, cloth, fuel, colonial products, etc.
Suppose, again, that next day all the barriers which oppose the
introduction of foreign products are removed.
Lastly, suppose that in order to test the result of this reform, they
proceed three months afterwards to make a new inventory.
Is it not true that there will be found in France more corn, cattle,
cloth, linen, iron, coal, sugar, etc., at the date of the second, than
at the date of the first inventory?
So true is this, that our protective tariffs have no other purpose than
to hinder all these things from reaching us, to restrict the supply, and
prevent depreciation and abundance.
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