The Industrial History of EnglandGibbins, Henry de Beltgens
History
The Industrial History of England
Gibbins, Henry de Beltgens
Great Britain -- Economic conditions; Industries -- Great Britain -- History
In fact there has always been an extraordinary sentimentalism as
regards land among all classes of the English people; and for some
reason that has never been fully explained a man who has merely
inherited a large amount of land (even if he has never attempted to
cultivate it) is regarded as being superior to one who has amassed a
fortune in the industrial or commercial world. And this feeling was
stronger in the eighteenth century than it is at the present time.
Hence commercial magnates bought land, and with it social prestige.
The James Lowther who was created Earl of Lonsdale in 1784 was the
descendant of a merchant engaged in the Levant trade; the first Earl of
Tilney was the son of that eminent man of business, Sir Josiah Child.
The daughters of merchant princes were even allowed to marry--and
maintain--the scions of a needy aristocracy. Defoe actually discovered
the amazing and revolutionary fact that a man engaged in commerce
might be a gentleman, though no doubt this {146} bold supposition of
his was at first looked upon with incredulity. He says: “Trade is so
far from being inconsistent with a gentleman that in England trade
makes a gentleman; for, _after a generation or two_, the tradesman’s
children come to be as good gentlemen, statesmen, parliament men,
judges, bishops, and noblemen as those of the highest birth and the
most ancient families.” Dean Swift remarked “that the power which used
to follow land had gone over to money.” Dr Johnson announced oracularly
that “an English merchant was a new species of gentleman.”
Now, the Industrial Revolution went still further to gain social
and political influence for the commercial classes. It succeeded in
destroying the foolish idea that the land-owners alone were to be
looked upon as the leaders of the nation. It gave the capitalists and
manufacturers a new accession of power by enormously increasing their
wealth. Moreover, it helped to undermine the landed interest by making
the manufactures of England at first equal, and afterwards superior,
to her agriculture, so that a rich mill-owner or ironmaster became as
important as a large land-owner. The monopoly of the landed interest
was broken by capital. Nowhere is the contrast between the old and new
classes in the last century seen more closely than in Scott’s _Rob
Roy_, where the old Tory squire who held fast to Church and king is
contrasted with the new commercial magnate who supported the House of
Hanover. One good we enjoyed from the rise of the commercial classes,
and that was the final overthrow of the Stuarts, with all the follies
which that unfortunate race represented.
Public-domain text, read in full here on John Shaqi.
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