The exposition of 1851 : $b or, Views of the industry, the science, and the government, of England — John Shaqi
The exposition of 1851 : $b or, Views of the industry, the science, and the government, of EnglandBabbage, Charles
History
The exposition of 1851 : $b or, Views of the industry, the science, and the government, of England
Babbage, Charles
Great Exhibition (1851 : London, England)
It may, however, be asked, How does it happen that the sum of two
commodities so exchanged has a greater value after the exchange than
before? or in other words, Whence has the profit arisen?—is there any
third party at whose expense it has been acquired? The answer is—that
there is another source which almost always either directly or
indirectly contributes towards this profit. The advantage is most
frequently won by industry and knowledge from nature herself.
§ The following illustration, which happens also to be a tolerable
approach to truth, will explain this principle more clearly:—
It is found by experience that the upper-leather of Boots made in
France, is better and more durable than the upper-leather manufactured
in England. On the other hand, it is found that the leather prepared in
England for the soles of boots is less permeable by water, and more
durable than that made in France.
Let us suppose that in each country a pair of boots will endure twelve
months’ continual wear; after which time they are thrown aside.
In England the destruction of the boots will arise from that of the
upper-leather, whilst in France it will be caused by that of the sole.
Let us also suppose that the upper-leather of France will wear three
months longer than the French soles, and reciprocally that the soles of
England will wear three months longer than the English upper-leather.
Under these circumstances, it is clear that if the inhabitants of each
country insist on making their boots _entirely_ with the produce of
_their own_ tanneries, the average duration of a pair of boots both in
France and in England will be twelve months.
Let us assume, for the sake of simplicity, that in each country the
upper-leather and the soles have the same value. Then it is equally
clear, if England were to give to France a million pair of soles in
exchange for a million pair of French upper-leathers, that one million
of the inhabitants of each nation would find their boots last during
fifteen instead of twelve months.
This prolonged duration of their boots would not have been acquired by
any sacrifice on either side: the exchange is here for the common and
great advantage of both.
This probably arises from the joint action of many causes. The animals
which in each country supply the hides, may either from breed, from
food, or from climate be best adapted to produce that kind of leather in
which each country excels. The water, the bark, or the climate peculiar
to each country, may then contribute its share to the same effect.
Again, the industry, the skill, and the knowledge of the people
employed, as well as the character of the population and the
distribution of its capital, may also have its influence on these
results.
If we pursue this illustration one stage further, it will appear that it
is our interest not only that we should make these exchanges with
France, but that she should also make exchanges with other countries
than our own.
Public-domain text, read in full here on John Shaqi.
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