Principles of Political Economy: Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
John Stuart Mill · en
The admission of cheaper food from a foreign country is equivalent to an
agricultural invention by which food could be raised at a similarly
diminished cost at home. It equally increases the productive power of
labor. The return was before, so much food for so much labor employed in
the growth of food: the return is now, a greater quantity of food for the
same labor employed in producing cottons or hardware, or some other
commodity to be given in exchange for food. The one improvement, like the
other, throws back the decline of the productive power of labor by a
certain distance: but in the one case, as in the other, it immediately
resumes its course; the tide which has receded, instantly begins to
readvance. It might seem, indeed, that, when a country draws its supply of
food from so wide a surface as the whole habitable globe, so little
impression can be produced on that great expanse by any increase of mouths
in one small corner of it that the inhabitants of the country may double
and treble their numbers without feeling the effect in any increased
tension of the springs of production, or any enhancement of the price of
food throughout the world. But in this calculation several things are
overlooked.
In the first place, the foreign regions from which corn can be imported do
not comprise the whole globe, but those parts of it almost alone which are
in the immediate neighborhood of coasts or navigable rivers; and of such
there is not, in the productive regions of the earth, so great a multitude
as to suffice during an indefinite time for a rapidly growing demand,
without an increasing strain on the productive powers of the soil.
In the next place, even if the supply were drawn from the whole instead of
a small part of the surface of the exporting countries, the quantity of
food would still be limited, which could be obtained from them without an
increase of the proportional cost. The countries which export food may be
divided into two classes: those in which the effective desire of
accumulation is strong, and those in which it is weak. In Australia and
the United States of America, the effective desire of accumulation is
strong; capital increases fast, and the production of food might be very
rapidly extended. But in such countries population also increases with
extraordinary rapidity. Their agriculture has to provide for their own
expanding numbers, as well as for those of the importing countries. They
must, therefore, from the nature of the case, be rapidly driven, if not to
less fertile, at least what is equivalent, to remoter and less accessible
lands, and to modes of cultivation like those of old countries, less
productive in proportion to the labor and expense.