Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
the whisky was "still capable of great improvement in the quality and
taste," and the ale trade "might be carried to a much greater height,"
and these ends might be severally promoted by prizes for the best tun
of whisky and the best hogshead of strong ale.
The practical execution of this scheme was committed to nine members
of the society, who were to be chosen annually, and were to meet with
the society once a month to report progress or receive instructions;
but to keep this new task quite distinct from the old, the society
resolved, like certain mercantile firms when they adopt a new branch
of business, to carry it on under a new firm name, and for this
purpose the Select Society of Edinburgh became "The Edinburgh Society
for encouraging arts, sciences, manufactures, and agriculture in
Scotland"; and the executive committee of nine were termed the
"ordinary managers of the Edinburgh Society," who were assisted by
other nine "extraordinary managers." The Edinburgh Society was not,
however, a separate institution; it was really only a special
committee of the Select Society. It met once a month at a separate
time from the usual weekly meeting of the parent society, and the
business of this monthly meeting came, from the predominant interest
of the members, who were so largely composed of the nobility and
gentry, to be engrossed almost wholly with agricultural discussions.
To render these discussions more effective and profitable, a
resolution was passed in 1756 to admit a certain number of practical
farmers to the membership.
Public-domain text, read in full here on John Shaqi.
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