Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
Smith and his brother professors were then obliged to do their work.
In his lectures on jurisprudence and politics he had taught the
doctrine of free trade from the first, and not the least remarkable
result of his thirteen years' work in Glasgow was that before he left
he had practically converted that city to his views. Dugald Stewart
was explicitly informed by Mr. James Ritchie, one of the most eminent
Clyde merchants of that time, that Smith had, during his
professorship in Glasgow, made many of the leading men of the place
convinced proselytes of free trade principles.[51] Sir James Steuart
of Coltness, the well-known economist, used, after his return from his
long political exile in 1763, to take a great practical interest in
trying to enlighten his Glasgow neighbours on the economical problems
that were rising about them, and having embraced the dying cause in
economics as well as in politics, he sought hard to enlist them in
favour of protection, but he frankly confesses that he grew sick of
repeating arguments for protection to these "Glasgow theorists," as he
calls them, because he found that Smith had already succeeded in
persuading them completely in favour of a free importation of
corn.[52] Sir James Steuart was a most persuasive talker; Smith
himself said he understood Sir James's system better from his talk
than from his books,[3] and those Glasgow merchants must have obtained
from Smith's expositions a very clear and complete hold indeed of the
doctrines of commercial freedom, when Steuart failed to shake it, and
was fain to leave such theorists to their theories. Long before the
publication of the _Wealth of Nations_, therefore, the new light was
shining clearly from Smith's chair in Glasgow College, and winning its
first converts in the practical world. One can accordingly well
understand the emotion with which J.B. Say sat in this chair when he
visited Glasgow in 1815, and after a short prayer said with great
fervour, "Lord, let now thy servant depart in peace."[53]
Public-domain text, read in full here on John Shaqi.
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