Illustrations of political economy, Volume 8 (of 9)Martineau, Harriet
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Illustrations of political economy, Volume 8 (of 9)
Martineau, Harriet
Didactic fiction, English; Political fiction, English; Social problems -- Fiction
“It may be all very well for those who have investments to take time to
extricate their capital from his grasp,” said Mrs. Sneyd; “but as for
the builders and gardeners he employs, I think they would be wiser if
they carried their labour where they might depend on a more lasting
demand for it. Anybody may see that if he spends more every year in
undoing what he did the year before, his substance must soon come to an
end, and his labourers become his creditors. If I were they, I would
rather go and build barns that are paid for by the preservation of the
corn that is in them, and till fields that will maintain the labour of
tillage, and set more to work next year, than turn round a fine house
from south to west, and from west to south, and change shrubberies into
lawns, and lawns into flower-gardens, knowing that such waste must come
to an end.”
“But some do not believe that it is waste, mother. They see the money
that pays them still in existence, still going the round of the market;
and they talk (as some people in England do about royal palaces, and
spendthrift noblemen’s establishments) of the blessing of a liberal
expenditure, and the patriotism of employing so much labour.”
"Which would be all very well if the labourers lived upon the sight of
the money they are paid with. But, as long as that money is changed many
times over for bread and clothing, which all disappears in the process,
it is difficult to make out that anything is gained but the
pleasure,—which may be justifiable or not, according to the
circumstances of the employers. In the end, the money remains as it was
before, and instead of so much food and clothing, there is a royal
palace. If you do not like your palace, and pull it down and rebuild it,
the money exists as before, and for a double quantity of food and
clothing, you still have a palace."
“The wrong notion you speak of arises partly,” said Dr. Sneyd, “from a
confusion between one sort of unproductive expenditure and another.
People hear of its being a fine thing to employ a crowd of labourers in
making a new line of road, or building a bridge, and they immediately
suppose it must be a patriotic thing to employ a crowd of labourers in
building any thing.”
“I think they might perceive that, though corn does not grow on a high
road, nor bridges yield manufactures, the value of corn lands may be
doubled by opening a way to a new market, and that an unused water power
may begin to yield wealth from the moment that there is a bridge over
which buyers may come for it. It is a misfortune to Briery Creek that
Temple is more of a selfish palace-fancier than a patriotic bridge and
road maker.”
Public-domain text, read in full here on John Shaqi.
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