Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
[Footnote 163-5: Thus the unheard of long series of
excellent harvests in England, between 1715 and 1765,
contributed very largely to this favorable transformation.
Day wages expressed in wheat, between 1660 and 1719,
amounted on an average to only about 2/3 of a peck; between
1720 and 1750, to an entire peck. In the fifteenth century,
a similar series of good harvests contributed very much to
the flourishing condition of the "yeomanry." Under Henry
VII., workmen earned from two to three times as much corn as
they did a century later. And so in France, the great
Revolution at the end of the eighteenth century, by setting
free a vast quantity of hitherto bound-up force, enhanced
the productiveness of the entire economy of the nation, and
made the division of the national income more nearly equal.
There is an essential connection here between the rapidity
of the transition and the facts, that the habits of
consumption of the working class received a powerful
impulse, and that population increased much less rapidly
than the national income. Compare _John Stuart Mill_,
Principles, II, ch. 11, 2. In our own days again, English
workmen had a splendid opportunity to raise their standard
of life. Emigration to Australia, etc. preponderated over
the natural increase of population to such an extent that,
in 1852, for instance, only 217,000 more human beings were
born in England and Wales than died, and 368,000 emigrated.
At the same time, exports increased: in 1849, they were
£63,000,000; in 1850 £71,000,000; about the end of 1853,
something like £90,000,000.
This golden opportunity was used by the English laboring
classes to both largely multiply marriages and to enhance
the rate of wages. The number of marriages contracted in
England yearly, from 1843 to 1847, was 136,200; from 1853 to
1857, 159,000. The number of births annually, from 1843 to
1847, was 544,800; from 1853 to 1857, 640,400. And wages, in
a number of industries, rose, between 1839 and 1859, from
about 18 to 24 per cent. (Quarterly Review, July, 1860, 86),
while the prices of most of the necessaries of life
declined. That, in the same time, the condition of English
laborers was elevated, both intellectually and morally, is
proved by many facts cited in _Jones' and Ludlow's_ work on
the social and political condition of the laboring classes
in England. In Germany, the recent establishment of peace on
a firm footing and the French war contributions have given
the country an impulse which might be taken advantage of by
the laboring class with the happiest results if they would
accustom themselves to more worthy wants and at the same
time preserve their accustomed industry.]
Public-domain text, read in full here on John Shaqi.
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