The Law of Civilization and Decay: An Essay on HistoryAdams, Brooks
Philosophy
The Law of Civilization and Decay: An Essay on History
Adams, Brooks
Civilization -- History; Degeneration; History -- Philosophy
But although by this means a certain degree of relief was given, and
though prices rose slowly throughout the first half of the eighteenth
century, the fundamental difficulty remained. There was insufficient
silver for export, exchanges were adverse, and that stock of coined
money was lacking which is the form in which force clothes itself in
highly centralized communities. How England finally supplied her needs
is one of the most dramatic pages of history.
As Jevons has aptly observed, Asia is “the great reservoir and sink of
the precious metals.” From time immemorial the Oriental custom has been
to hoard, and from the Mogul blazing with the diamonds of Golconda,
to the peasant starving on his wretched pittance, every Hindoo had, in
former days, a treasure stored away against a day of trouble. Year by
year, since Pizarro had murdered the Inca Atahualpa for his gold, a
stream of bullion had flowed from America to Europe, and from Europe
to the East: there it had vanished as completely as though once more
buried in the bowels of the mine. These hoards, the savings of millions
of human beings for centuries, the English seized and took to London,
as the Romans had taken the spoil of Greece and Pontus to Italy. What
the value of the treasure was, no man can estimate, but it must have
been many millions of pounds--a vast sum in proportion to the stock
of the precious metals then owned by Europeans. Some faint idea of the
booty of the conqueror may be drawn from Macaulay’s description of the
first visit of an English soldier to an Oriental treasure chamber:--
“As to Clive, there was no limit to his acquisitions but his
own moderation. The treasury of Bengal was thrown open to him.
There were piled up, after the usage of Indian princes, immense
masses of coin, among which might not seldom be detected the
florins and byzants with which, before any European ship had
turned the Cape of Good Hope, the Venetians purchased the
stuffs and spices of the East. Clive walked between heaps of
gold and silver, crowned with rubies and diamonds, and was at
liberty to help himself.”[332]
The lives of few men are better known than those of Clive and Hastings,
and yet there are few whose influence upon the fate of mankind has had
such scant appreciation. It is not too much to say that the destiny of
Europe hinged upon the conquest of Bengal. Robert Clive was of the same
stock as Drake and Hawkins, Raleigh, Blake, and Cromwell; he was the
eldest son of one of those small farmers whose ancestors had held their
land ever since the Conquest, and who, when at last evicted and driven
out to sea, had fought and conquered on every continent and on every
ocean. Among the throng of great English adventurers none is greater
than he.
Public-domain text, read in full here on John Shaqi.
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