Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
The materials, forces and relations or conditions of external nature,
immovably connected with parts of the land, even when in themselves
exhaustless, either allow only of a definite amount of economic
utilization, as, for instance, the mechanical force of a given waterfall,
which can drive only a definite number of mills of a definite size;(209)
or their increased utilization is accompanied by difficulties which
increase with still greater rapidity. This last is the case, especially in
the employment of land for agricultural purposes. It is, according to
Senior, one of the four fundamental axioms of Political Economy, that
additional labor, spent on a given quantity of land, produces, as a rule,
a relatively smaller yield; assuming, of course, that the art of
agriculture remains the same. It is not possible to determine either
generally, or in particular cases, the precise point at which agriculture
should stop, to prevent relatively smaller returns from increased
expenditure of labor and capital. Improvements in the art of agriculture
may remove it a great distance. But, that there is such a point admits of
no doubt. No one will believe that an acre of land can be made to produce
a quantity of the means of subsistence sufficient to support all Europe,
no matter what the amount of seed used, or of manure etc. employed.(210)
This is most apparent in forest-economy, where the absolute increase of
the so-called wood-capital becomes, after a certain time, smaller from
year to year.(211)
Section XXXV.
External Nature.—Elements Of Agricultural Productiveness.
In treating of the agricultural productiveness of a piece of land, it is
necessary to distinguish three things,—its bearing-capacity, its capacity
for cultivation, and its direct capacity to afford food to plants.(212)
Plants grow by drawing a part of the elements which enter into their
composition from the atmosphere, and a part from the earth through the
agencies of sunlight and of water. While the air, the sun’s heat, and in
most parts of the world, water, are free and inexhaustible goods, the
earth’s supply of food for plants must be considered as analogous, so far
as its exhaustibility and capacity to be appropriated are concerned, to
the beds of coal and of ore etc. which occur in mining districts. This is
certainly true, with a few important differences, however, as for
instance, that, as a rule, it is impossible, except through the
cultivation of plants, to obtain from the earth the stores of plant food
which it contains;(213) and that it is possible to husbandry to replace
the portion of these stores taken from the earth by the harvest, through
the agency of manures.(214)
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