Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
And the remedy was plain: the net product of agriculture must somehow
be made to rise instead of fall. They supported their contention with
a certain erroneous theory that agriculture is the sole source of
wealth, but the error made little practical difference to the
argument, for agriculture is always a sufficiently important source of
wealth to make its improvement a national concern. How then was the
net product to be increased? By better methods of cultivation, by
removal of legal and official interferences, and by lightening the
public burdens through the abolition of all existing taxes and of the
existing system of collecting them through farmers-general, and the
institution instead of a single tax on the net product of the soil, to
be collected directly by responsible officials. According to the
reminiscences of strangers who happened to fall into their company,
the talk of the economists always ran much on the net product and the
single tax, for they believed the two great needs of the country were
agricultural improvement and financial reform. When Quesnay was
offered a farmer-generalship of the taxes for his son, he said, "No;
let the welfare of my children be bound up with the public
prosperity," and made his son a farmer of the land instead.
In Quesnay's rooms in the palace of Versailles Smith would sometimes
hear words that would sound very strange in the house of the king.
Mercier de la Riviere, Quesnay's favourite disciple, while writing his
book on the _Natural and Essential Order of Political Societies_,
published in 1767, almost lived in Quesnay's apartments, discussing
the work point by point with the master. The Marquis de Mirabeau
mentions having seen him there six whole weeks running, "moulding and
remoulding his work, and consequently denying father and mother" for
the time. One day Madame du Hausset heard a memorable conversation
there between these two economists. "This kingdom," observed Mirabeau,
"is in a miserable state. There is neither energy in the nation nor
money to serve in its place." "No," replied Mercier de la Riviere,
counsellor of the Parliament of Paris and late Governor of Martinico,
"it cannot be regenerated except by a conquest like that of China, or
by a great internal convulsion; but woe to those who will be there
then, for the French people does nothing by halves." The words made
the little lady-in-waiting tremble, and she hurried out of the room;
but M. de Marigny, brother of the king's mistress, who was also
present, followed her, and bade her have no fear, for these were
honest men, if a little chimerical, and they were even, he thought,
on the right road, though they knew not when to stop and went past the
goal.[182]
Public-domain text, read in full here on John Shaqi.
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