The collected works of William Hazlitt, Vol. 04 (of 12)Hazlitt, William
Philosophy
The collected works of William Hazlitt, Vol. 04 (of 12)
Hazlitt, William
English essays -- 19th century
‘If we were to double the fortunes of all those who possess above a
hundred a year, the effect on the price of grain would be slow and
inconsiderable; but if we were to double the price of labour throughout
the kingdom, the effect, in raising the price of grain, would be rapid
and great.’
I do not see the harm of this rise. It would be in consequence of, and
would denote the number of bellies that were filled that had not been
filled before. Mr. Malthus in this passage seems to prefer a little evil
to a great good.
‘The parish rates and the prodigious sum expended in voluntary charity,
must have had a most powerful effect in raising the price of the
necessaries of life, if any reliance can be placed on the clearest
general principles, confirmed as much as possible by appearances. A man
with a family, has received, _to my knowledge_, fourteen shillings a
week from the parish.’ [Shocking to be sure.] ‘His common earnings were
ten shillings a week, and his weekly _revenue_, therefore, twenty-four.
Before the scarcity, he had been in the habit of purchasing a bushel of
flour a week with eight shillings perhaps, and consequently had two
shillings out of his ten, to spare for other necessaries. During the
scarcity, he was enabled to purchase the same quantity at nearly three
times the price. He paid twenty-two shillings for his bushel of flour,
and had, as before, two shillings remaining for other wants.’ [Good: but
does Mr. Malthus deny that the scarcity would of itself have raised the
price of wheat? And in that case if the labourer had had no addition to
his ‘weekly revenue,’ instead of having the large sum of two shillings
at the end of the week to lay out in other necessaries, he would have
had nothing. Perhaps Mr. Malthus is ready to prove, that half a bushel
of corn will go farther with a poor family in a time of scarcity than a
whole one, because they would husband it more carefully.] ‘Such
instances could not possibly have been universal, without raising the
price of wheat much higher than it really was during any part of the
dearth. But similar instances were by no means infrequent, and _the
system itself, of measuring the relief given by the price of grain, was
general_.’
Public-domain text, read in full here on John Shaqi.
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