Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
_ 68 Ad. Müller_ compares persons, so far as they render any kind of
service, to things, and, so far as they are required to be preserved
in their individuality, to persons. The children in the “status” of
a country gentleman, for instance, are treated more as persons, and
domestics, more like things; the land partakes of a species of
personality, but not the implements of labor. (Nothwendigkeit einer
theolog. Grundlage der Staatswissenschaft, 1819, 48.)
69 The privilege of selling refreshments in the garden of the Palais
Royal was formerly let for 38,000 francs a year.
70 See the cases cited by _Hermann_, Staatswirtsch. Untersuchungen, 6
ff. and by _Bernoulli_, Schweiz. Archiv. für Statistik und N. Œkon.
II, 55. Think of the firm of J. M. Farina! In Athens, good stands
were leased at a very high rent, even where there was no investment
of the lessee’s capital. (_Demosthenes_, pro. Phorm., 948; adv.
Steph. I, iiii.) There is, again, the sale of inventions, while they
are still “mere ideas.” According to _Schäffle_, Theorie der
ausschliessendnen Verhältnisse, 1857, II ff., the value in exchange
of these relations depends on the extra income which is assured in
fact, or in law, against diminution, by the exclusion of
competition. He, therefore, recommends, instead of the word
“relations,” “custom,” or “publicum.” But these words, by no means,
exhaust the meaning expressed by “relation.” Thus, the good
administration of public affairs, although it has no value in
exchange, is one of the most valuable economic goods which a people
can possess.
71 The relation mentioned above of a general to an army may even have
great value in exchange. Instance, the Italian condottieri in the
fifteenth century!
72 Relations which take from one man, as much as they afford to their
possessor, are of value as components of a man’s private fortune,
but not of the wealth of the nation. To this class belong debts due
from persons or from things, compulsory custom or good-will of every
description; as for instance, the seventy-two places of the _agents
de change_ in Paris, each of which was worth more than a million of
francs; or the right of navigating the Elbe as far as Magdeburg,
which, about the beginning of this century, was worth in every
instance about 10,000 thalers. (_Krug_, Abriss. der St. Œkonomie,
62.)
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