Principles of Political Economy: Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
John Stuart Mill · en
From similar considerations, it appears that many purely mechanical
improvements, which have, apparently, at least, no peculiar connection
with agriculture, nevertheless enable a given amount of food to be
obtained with a smaller expenditure of labor. A great improvement in the
process of smelting iron would tend to cheapen agricultural implements,
diminish the cost of railroads, of wagons and carts, ships, and perhaps
buildings, and many other things to which iron is not at present applied,
because it is too costly; and would thence diminish the cost of production
of food. The same effect would follow from an improvement in those
processes of what may be termed manufacture, to which the material of food
is subjected after it is separated from the ground. The first application
of wind or water power to grind corn tended to cheapen bread as much as a
very important discovery in agriculture would have done; and any great
improvement in the construction of corn-mills would have, in proportion, a
similar influence.
Those manufacturing improvements which can not be made instrumental to
facilitate, in any of its stages, the actual production of food, and
therefore do not help to counteract or retard the diminution of the
proportional return to labor from the soil, have, however, another effect,
which is practically equivalent. What they do not prevent, they yet, in
some degree, compensate for.(136)
Chart VII.
_Ratio of Miles of Railroad to the Areas of States and Countries—United
States and Europe. The relative proportion is 1 Mile Railroad to 4 Square
Miles of Area._