Footprints of Famous Men: Designed as Incitements to Intellectual IndustryEdgar, John G. (John George)
General
Footprints of Famous Men: Designed as Incitements to Intellectual Industry
Edgar, John G. (John George)
Biography; Biography -- Juvenile literature
When Smith set foot on his native soil, in the autumn of 1766, he did
not return to the scene of his former triumphs, but consigned himself
to studious and laborious retirement under the roof of his worthy
mother. Old friends urged him to come within their reach, and give them
the benefit of his company; but his strong ambition to produce a great
and influential work, “like Aaron’s rod swallowed up the rest,” and he
was content to pursue his object in obscurity. He was in comfortable
circumstances, as the Duke of Buccleuch had, in consideration of his
tuition, settled on him an income of three hundred pounds a year,
and in other respects he was not unprepared for the mighty task. His
long residence in a commercial town, his foreign experience, and his
intercourse with the French economists and statesmen, had trained his
philosophic mind for the investigation of the subjects on which he
aspired to throw a new and enduring light. When employed in preparing
for the press, he generally walked up and down the room dictating to an
amanuensis, and he is said to have composed with as much slowness and
difficulty in his later years as in youth. The “Inquiry into the Nature
and Causes of the Wealth of Nations” did not make its appearance in
public till the spring of 1766. It was found to consist of five books.
The two first contain the scientific portion. The third is a historical
sketch of the progress of opulence. The fourth, the longest, treats of
the legislative interference by which governments have attempted to
make their subjects rich, and endeavors to show that all such schemes
retard instead of promoting the object in view. The fifth, which points
out the means by which the duties of sovereigns may be best performed,
and how a public revenue may be most judiciously provided, is in
reality a treatise on the art of government. This work, so important
in its results, saw the light just six months before David Hume was
laid in his lonesome grave, and he immediately wrote――“It has depth,
and solidity, and acuteness, and is so much illustrated by curious
facts that it must, at last, take the public attention.... If you
were here, at my fireside, I should dispute some of your principles;
but these, and a hundred other points, are fit only to be discussed
in conversation.” Gibbon, likewise, mentioned it with praise in his
immortal History; and Fox lent his aid to increase its fame by saying
in that House, where the author’s name has since been familiar as
a household word, and unquestionably too often used by others than
parliamentary giants――“The way, as my learned friend Dr. Adam Smith
states, for a nation, as well as an individual, to be rich, is for
both to live within their income.” It is admitted, however, that the
doctrines enunciated made less impression on the minds of Fox and his
allies, than on that of the young and disdainful minister who, toward
the close of the century, had to stand the brunt of their impassioned
eloquence.
Public-domain text, read in full here on John Shaqi.
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