Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
him as they were passing Ratho glebe that the parish schools of
Scotland had given almost every peasant a knowledge of the classics,
and added, "Here, for example, is a man working in the field who is a
good illustration of that training; let us speak with him." Roebuck
made some observation about agriculture. "Yes, sir," said the
ploughman, "but in Sicily they had a different method," and he quoted
Theocritus, to Roebuck's great astonishment.
Among Smith's chief Edinburgh friends at this period was one of his
former pupils, William Johnstone--son of Sir James Johnstone of
Westerhall, and nephew of Lord Elibank--who was then practising as an
advocate at the Scotch bar, but ultimately went into Parliament,
married the greatest heiress of the time, Miss Pulteney, niece of the
Earl of Bath, and long filled an honoured and influential place in
public life as Sir William Pulteney. He was, as even Wraxall admits, a
man of "masculine sense" and "independent as well as upright"
character, and he devoted special attention to all economic and
financial questions. It was Pulteney who in his speech on the
suspension of cash payments by the Bank of England in 1797--in which
he proposed the establishment of another bank--quoted from some
unknown source the memorable saying which is generally repeated as if
it were his own, that Smith "would persuade the present generation and
govern the next." He quoted the words as something that had been "well
said." Between him and Smith there prevailed a warm and affectionate
friendship for more than forty years, and we shall have occasion again
to mention his name. But I allude to him at present because a letter
still exists which was given him by Smith at this period to introduce
him, during a short stay he made in London, to James Oswald, then
newly appointed to office at the Board of Trade. This is the only
letter that happens to be preserved of all the correspondence carried
on by Smith with Oswald, and while both the occasion of it and its
substance reveal the footing of personal intimacy on which they stood,
its ceremonious opening and ending indicate something of the reverence
and gratitude of the client to the patron:--
Public-domain text, read in full here on John Shaqi.
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