首页
The New Principles of Political Economy
书架
书页 | 目录
加书签

第2章
33192字

"Butaspopulationincreases,andcanonlyincrease,bymorecomingintotheworldthangooutofit,everymanwhomarriesandraisesafamilyisapublicbenefactor,andthepracticeofcelibacy,sofarfrombeingavirtue,is,inreality,agreatpubliccrime。Thenumber,however,ofthosewhomarry,andhavechildren,inalltolerablyquietandpeaceabletimes,muchexceedsthatofthosewhoremainsingle;and,consequently,thenumberofalltheinhabitantsoftheearthhascontinuallyaugmented,and,haditnotbeenforthewarswhichtheambitionofprinceshasstirredup,wouldhavebeenstillmuchfartheraugmented。

"ThepopulationofEnglandisnowmuchgreaterthanattheRestoration。

ItwasgreaterattheRestorationthanattheaccessionofElizabeth,andthenthanduringthegreatcivilwars。EventhenitwasgreaterthanattheConquest,andatthattime,thanattheinvasionofJuliusCaesar。

"Ineachoftheseperiods,however,therewerenotonlymanyprivatefeudsandpublicdissensions;manybloodyandharassingwars;greatperversionofthepowersoftheinhabitantsfromtheproductiontothedestructionoflife;butsometimessuchdreadfulmassacresandbloodshed,sogreatmultitudesperishingbythesword,andbyfaminefollowingupitsravages,asmightbesupposednotonlytohaveretardedtheincreaseofthenumbersoftheinhabitants,buttohaveleftthemfewerattheendthanatthebeginning。Haditnotbeenfortheseevents,thegreaterpartofthosewhomtheycarriedoffwouldhavemarriedandhadchildren,whosewholenumberswouldnaturallyhavebeengreaterthanthatoftheparentswhoprocreatedthem。Inthismannereverygenerationwouldhaveexceededproportionablytheoneprecedingit。Thenumberofindustrioushandsthusproducedwouldhavebuiltmorehouses,wouldhaveimprovedmorelands,andwouldhavecultivatedbetterthosewhichhadbeenimprovedbefore;moremanufactureswouldhavebeenestablished,andthosewhichhadbeenestablishedbeforewouldhavebeenmoreextended,andhowfarthepopulationofthecountry,anditsrealwealthandstrength,mighthavebeencarriedbythistime,itisnotperhapsveryeasytoimagine。"

Theerrorofbothreasoningsarises,inthesamemanner,fromtakingwhatismerelyanecessaryconcomitant,foracause。Itisperfectlytrue,thattherealwealth,strength,andprosperityofacountry,cannotadvance,butasitspopulationadvances,andthatpopulationcanonlyadvancebymorebeingbroughtintotheworldthangooutofit。Itisalsotruethattheycannotadvancebutasitscapitaladvances,andthatitscapitalcanonlyadvancebymorebeingsavedthanisspent。Butwhenitissaidineithercase,thatastheycanonlyadvanceaspopulationadvances,orasaccumulationadvances,wehaveonlytoallowpopulationtogoonunrestrained,oronlytoallowaccumulationtogoonunchecked,wearedeceived,andledtounwarrantableconclusions,byasortofsleightintheuseofwords。

Thecontemplationofacouplecontendingwithunremittinglaboragainsttheevilsofpovertyandwant,and,howeveroccasionallypinchedbythemthemselves,wardingthemoffwithcareandsuccessfromtheiroffspring,andrearingupanumerousandindustriousfamily,isaverypleasingsight。

Itispleasingasanevidenceoftheexistenceofsomeofthebestandpurestaffectionsofournature;itispleasing,also,fromthemereviewofthehealthyadditionthusmadetothatsureststayofastate,anindustriousandfrugalpopulation。Butwhenitishenceassumed,thatnothingiswantingtoaugmentthenumbersofthecommunity,andcarryitforwardtogreatness,thanthatsimilarprinciplesandconductshouldbeallowedtogooninallitsmemberswithoutrestraint,ahastyandinaccurateconclusionisdrawnfromapartialviewofacomplicatedsubject。Thenumbersofastatecanneverexceed,whatitsresourcescansupport。Whentheseresourcesareaugmented,theprincipleswhichtendtothepreservationandmultiplicationofthespeciesare,inallwellregulatedcommunities,sufficientlyactivespeedilytofilluptheirnumberstotheamountoftheincreasedsupply。

Inlikemanner,thecontemplationofhonestindustry,andpatientfrugality,notonlymanfullybearingupagainstpresentnecessityandwant,butrepellingthem,andaccumulatingaplentifulstoretoanswerthedemandsoffuturity,isalsonounpleasingspectacle。Butforsuchprinciplesneitherpublicnorprivatecomfortoraffluencecouldexist,orbepreserved。But,whenitishencealsoassumed,thatnothingelseiswantingtocarrythecommunityforwardtothehighestdegreeofaffluenceandpower,thanthatsimilarprinciplesandconduct,throughallitsmembers,shouldbeencouraged,andallowedtogoonwithoutcheck,aconclusionequallyunwarrantedandequallyinaccurate,isdrawnfromalikehastyandimperfectviewofagreatsubject。Thecapitalofastateisamereinstrumentinthehandsofitsindustry,toenableittodrawforththeriches,withwhichtheconjoinedpowersofnatureandarthaveendowedit。Amultiplicationofinstrumentsisofnoavail,unlesssomethingadditionalbegivenonwhichtheymayoperate。Wheninventionsucceedsindiscoveringtheseadditionalriches,themereviewissufficient,ineverywellregulatedcommunity,toinduceitsmemberstoformthenewinstruments,necessarytodrawtheserichesforth。

Theremustbesomestronginherentviceinanycommunity,wherethecertainprospectofplentifulsubsistencedoesnotproduceanabundantpopulation。Itcanonlybe,also,fromtheeffectsofsomegreatinherentvice,that,inanycommunity,averyprofitableinvestmentforcapitalcanbeheldout,andyetcapitalnotaccumulatewithrapidity。Wherethereisnosufficientprospectofsubsistence,peoplemayberestrainedfrommarriagebythedreadoftheirfamiliessufferingwant。Wherethereisnosufficientprospectofprofit,peoplemaybewithheldfromaccumulatingcapital,becausetheymayseenosufficientlyprofitableadventureopentothemthattheywouldnotfeartoembarkin。Butthefactis,thatpeople,ratherthanlivesingle,areinclinedtomarryatallrisks,andhencepopulationiskeptdownbymisery,andprematuredeath;andtheyarealso,ratherthandonothing,enclinedtoembarkinadventureswherethechancesareagainsttheirsuccess;hencethevastnumbersofunsuccessfulprojectsthatinmostcommunitiesarecontinuallydissipatingpreviousaccumulationsofcapital。Toformarightjudgmentofthepowerofanycommunity,underthemostfavorablecircumstances,ofincreasingitspopulation,wemustconsidertheadditionalmarriageswhichwouldtakeplace,andthegreaternumbersthatwouldberearedtomaturityfromsuchasdotakeplace,ifplentifulsubsistencewereprovided。Inlikemanner,toformarightjudgmentofthepowersofanycommunity,underthemostfavorablecircumstances,toincreaseitscapital,wemustconsider,that,ifabundanceofsecureandprofitableinvestmentsforcapitalwerepresented,itsmemberswouldbemoreeagertopossessadditionalcapital,and,therefore,wouldbemorepromptedtoaccumulateit;andthecapitaltheypossessedwouldbemoreproductive,andwouldnotbesubjecttoberiskedandlostinimprudentspeculations。

Fromtheinconsiderablerudimentsofpopulationandcapital,whichGreatBritainfurnishedtoNorthAmerica,istobetracedthegreatamountofboth,ofwhichthatflourishingdivisionoftheglobeatpresentboasts。

Theformerhasincreasedsogreatly,becauseplentifulsubsistencehasbeenaffordedit:thelatter,becauseprofitableandsecureinvestmentshavebeenpresentedtoit。Haditbeenpossibletohaveafforded,andhadthesameabundantsubsistencebeenafforded,tothepopulation,andthesameprofitableandsecureinvestmentstothecapitalremainingwithinthekingdom,theywouldhavebothaugmented,wehaveeveryreasontobelieve,inaratioequaltothatatwhichthefragmentsofboththatwenttoNorthAmericahaveaugmented。ItcertainlywasnotthevoyageacrosstheAtlantic,buttherichsoilonwhichtheyfellontheothersideofit,thatexcitedthemtosoluxuriantagrowth。

Thisgreatproductivepowerofboththepopulationandcapitalofacountry,whenroomisaffordedthemtoshoot,seemssoeasilytofillupanygapwhichismadeinthenationalmembersorstock,thatacalculationfoundedontheassumption,thatanylossineitherwhichanationmaysustain,necessarilyoccasionsaitsfundsmustevidentlyproportionablypermanentdiminutionofbeinconclusive。ItisverydoubtfulifthepopulationofLondonorEnglandwouldhavebeengreaterthanitisatpresent,hadtherebeennoplague。ItisverydoubtfulalsoifthecapitalofLondonorofEnglandwouldhavebeengreaterthanitisatpresent,hadtherebeennogreatfire。Theadditionaldemandforlaborandcapital,whichthesedisasterscreated,mayverywellbesupposedsoontohavebroughtbothuptotheamounttheyhadpreviouslyattained。

Inallinstancesofsuch,orevenfargreatercalamities,destroyingapartofthepopulationorcapitalofacountry,whiletheprinciplesandelements,throughandfromwhichtheysprang,arenotconsumedalongwiththem,weseethemquicklyreproduced。When,forexample,thegreatdestroyerWarholdshiscoursethroughacountry,andclearingwidehispathwithfireandsword,leavespropertyandlifeawreckbehindhim,weseenotthatthetracesofhiswratharelongperpetuated;inthemidstoftheruinsofwhatwere,liethegermsofwhataretobe,andseizingontheelementsofexistencethatliewastearound,theyexpandwithavigorproportionedtothemagnitudeofthevoidthathasbeenmadeforthem,andspeedilyreplenishit。Likethetrackofthewhirlwindthroughtheforest,thepresentdesolationisquicklycoveredupandobliteratedbythefreshnessofthenewgrowth,towhichthatverydesolationgiveslight,andair,andthemeansofexistence。Weshouldthinkthecalculationratherfanciful,which,estimatingthetreesoverbornebytheblastforcenturies,andreckoningtheincreasethatmighthavepossiblycomefromeachofthem,shouldbringoutasacorrectresult,thatallthiswouldhavebeenaclearadditiontothevegetablelifeoftheforest;andthatsomuchgreateritmusthavebeento-day,hadnotthesedisastershadplace。

Calculationsproceedingontheassumptionoftheindefiniteincreaseofpopulationorcapital,withoutshowingalsothattherewillberoomforthem,arebutlittlemorelogical。

Beforepopulationcanadvance,theremustbesomethingonwhichitcansubsist;beforecapitalcanincrease,theremustbesomethinginwhichitmaybeembodied。Producesubsistence,and,ifvicepreventitnot,populationwillfollow;showthatifcapitaldidexist,itwouldproducegreatprofits,and,ifvicepreventitnot,capitalwillbeaccumulated。But,untiltherebesomemeansofsubsistingthepopulation,andemployingthecapital,theycannever,bysimplyurgingontheirproduction,berationally。expectedtobemuchaugmented。

Itisinvention,whichshowinghowprofitablereturnsmaybegotfromtheone,andhowsubsistenceprocuredfromtheother,thatmaymostfitlybeesteemedthecauseoftheexistenceofboth;andhencethispowerhasmosttitletoberankedasthetruegeneratorofstatesandpeople。Itiscertainly,therefore,veryfarfrombeingaself-evidenttruth,thatthelegislator,byemployingtheresourcesofthecountryinrousingthisprincipletoactivity,necessaryretards,insteadofadvancing,theincreaseofwealthandtheprosperityofthestate。

ChapterIIOftheIdentityofNationalandIndividualInterestsConsideredasaTheoreticalPrincipleThoughthedoctrineoftheidentityoftheinterestsofindividualsandcommunitiescannotbeestablishedasasimpleandself-evidentprinciple,fromtheassumptionthattheobjectswhichindividualsdesignedlypursue,fortheirprivateemolument,arepreciselythosewhichmostpromotetheprogressofthegeneralopulence;andthoughinthissense,aswehaveseen,theidentityoftheendswhichtheypursueisnominal,notreal,yetitfollowsnotfromthisthatthedoctrineisnecessarilyerroneous。

Manydoctrineswhicharefarmoresimpleorself-evidentareneverthelesstrue。Many,whichatfirstsightseemevencontradictorytoexperience,arefound,bycloserexamination,tobelegitimatelydeduciblefromit。

Itismanifestthatthegeneralopulence,howeverbroughtabout,results,insomewayoranother,fromtheactionandreactiononeachotherofthewholesystemofpersonsandthings,whichconstitutecommunities,orbelongtothem。Itisthenatleastpossibletoconceivethatitisentirelyproducedbytheeffortsofindividualstoadvancetheirprivatefortunes。That,thoughitistheobjectofindividualstoacquirewealth,andofnationstocreateit,yetthattheseriesofactionswhichtheformergenerate,inendeavoringtomaketheacquisition,arepreciselythosewhicharebestcalculatedtoforwardthecreation;andthatthus,unconsciouslytohimself,eachmemberofthecommunity,whileseekingmerelyhisownbenefit,necessarilyadoptstheverycoursewhichismostfortheadvantageofthesociety,and,touseourauthor'swords,"isledinthis,asinmanyotherinstances,byaninvisiblehand,topromoteanendthatwasnopartofhisintention。"

Inthisviewofthesubjectthedoctrinewouldputofftheshapeofasimpleprinciple,andassumethatofatheorydeducedfromanexaminationofthewholeseriesofactionsthatareconcernedintheproductionofthewealthofcommunities;andinthiswaywemayconceivethatitmightbesatisfactorilyprovedbyanextendedinquiryintotheNatureoftheWealthofNations。

Suchisthetheoryofthisdepartmentofhumanaction,whichtheauthorgives。Ifitbefoundnottobeinconsistentwiththephenomena,butfairlydeducedfromthem,thetruthofthepeculiardoctrine,whichitistheaimofhisworktomaintain,wouldbeestablishedbyit。

Beforeendeavoringtoexplainit,orattemptingtoshowwhereinitfails,itispropertoremarkthatitisblended,throughoutthewholework,withthatnotionoftheexactidentityoftheendswhichnationsandindividualspursue,thefallacyofwhichItrustIhave,insomemeasure,exposedintheprecedingchapter。Ishallafterwardshaveoccasiontoshowthatthisarrangementofhismaterialssometimesrendershisargumentsillogical。

Iamledtonoticeitatpresent,becauseIwishtoaccountfortheappearanceofthisassumption,unremarkedbyme,intheanalysisofthetheoryIamabouttogive。

Itmustbeapparenttoeveryoneacquaintedwiththesystem,thatitspartswouldnotinanywayhangtogether,ifdeprivedofthesupportwhichthispopularnotiongivestothem。Indeed,Iconceivethatthetruestaccountthatcouldbegivenofit,wouldbetosay,thatitisaltogetherfoundedontheassumptionthatnationalandindividualwealthandprosperityincrease,andmustincrease,inpreciselythesamemanner;andthatthetheoreticalpartofitmerelyservestoshowhowtheincreaseofindividualwealthdoes,inreality,producetheeventswhichweseeaccompanyingnationalwealth;thattheformeristhecause,andthesolecause,ofthelatter,andmustthereforeproduceallthephenomenaattendantonit,beingtakenforanundeniablefact,andtheauthorseemingmerelytohaveproposedtoshowhowitmaybesupposedtoproducethosephenomena。Thus,werewhatwasoncethepopulardoctrineconcerningpopulationstillheldtobethecorrectone,andwerewetotakeitforgrantedasanundeniabletruth,that,asthenationalstrength,andrevenue,andwealthcanonlyadvanceasthenumberofindustrioushandsthatformthemisincreased,soeveryaugmentationofthepopulationofanationisanadditiontothenationalfunds,andthat,therefore,thingsoughttobeallowedtotaketheirnaturalcourse,andallrestraintsonmarriagebedoneawaywith,theassumptionanddoctrinemightbesupportedbyatheory,showing,orendeavoringtoshow,howallthephenomenaattendingtheadvanceofmankindtowardsprosperityandaffluencedo,infact,resultfromtheirincreasingnumbers。

Itmight,perhaps,insupportofsuchaviewofthesubject,besaid,"that,asnecessityisthemotherofinvention,so,unlesspressedbywant,orthedreadofit,mankindmightneverhaveexercisedtheiringenuityindiscoveringeventherudimentsofthearts;andcertainlywouldnothaveadvancedthembeyondthemostunformedandimperfectelements。That,whileingenialclimatesthespontaneousfruitsoftheearthaffordedthemabundantnourishment,theycouldhavehadnomotivetotaxthelaborofeithertheirmindsorbodiestoproducethatforwhichtheyhadnoneed。

Thatitwastheincreaseoftheirnumbers,which,renderingthesuppliesthatnaturehaddealtouttotheminsufficient,imposedthetaskonthemofsearchingoutthemeansofprocuringadditionstothem:andthatthusnecessity,"Cutisacuensmortaliacorda*****

UtvariasususmeditandoextunderetartesPaulatim,&c——"

"Whettinghumanindustrybycare。

Thatstudiousneedmightusefulartsexplore,"

isintruththedivinitythattaughtmankindthemostessentialarts。"

PrimoCeresferromortalesvertereterramInstituit;cumjamglandesatquearbutasacraeDefeceruatsylvaeetvictumDidonanegavit,"

"FirstCerestaughtthegroundwithgraintosow,Andarmedwithironsharesthecrookedplough;

WhennewDodonianoaksnomoresuppliedTheirmast,andtreestheirforestfruitdenied,"

"Thatthisurgentnecessity,thisimperiousmistress,whichnaturecausedtospringfromtheirincreasingnumbers,madethemspreadthemselvesovertheearth,andpeopleeventhemostrigorousclimates。Thatthe"rigidlore"ofthe"sternruggednurse"thusimposedonthem,thoughharsh,washealthful;asaproofofwhichwemayobserve,thatmeningeneralsubsistingreatestcomfortandabundance,wheretheclimateismostforbidding,andthesoilmoststubborn,becausethere,thattheymaysubsistatall,theyhavebeenobligedtocalltotheirsuccourthemostingeniousarts,andthemostindefatigableindustry,"LaboromniaviacitImprobusetdurisurgensinrebusegestas。"

"Whatcannotendlesslaborurgedbyneed?"

That,asitistheactionofthisprinciplewhichhasgivenrisetoallthearts,soitisitwhichhasbroughtthemtoperfection。That,whileaterritoryisscantilypeopled,anditsinhabitantsspreadoveritatagreatdistancefromeachother,theycanneversubdividethemselvesintodifferenttradesandemployments,andeachdevotinghimselftoaparticularbusinessandart,exercisehiswholeingenuitytobringthatparticularoccupationtoperfection;andthathenceartsareingeneralinthemostflourishingcondition,wherethepopulationisthemostdense。

"Thattothesecauses,thusnecessarilyproceedingfromthisgreatprinciple,wearetoascribeinparticularboththeopulenceandprosperityofourownnation,andthenecessarydiffusionofthearts,manners,language,andrace,withwhichtheyareconnected,andinwhichtheyareembodied,overtheremotestregionsoftheglobe。Thatthus,althoughmeninmarryingseekonlytheirowngood,theyneverthelessadoptthatcoursewhichismosttotheadvantageofsociety;andheretoo,asinmanyotherinstances,areledbyaninvisiblehandtopromoteanendwhichwasnopartoftheirintention。That,therefore,astherevenueandpowerofanationcanonlyincreaseasitspopulationincreases,andastheincreaseofpopulationtendstogiveabeginningtoeveryusefulart,andtocarryittothehighestperfection,legislatorsactaveryabsurdandculpablepartinattempting,inanyinstancetorestrainit,ortocheckwhatisundoubtedlythenatural,andapparentlythemostbeneficialcourseofevents。"

Suchatheory,likealmosteveryotherviewofonlyonesideofacomplicatedsubject,wouldprobablybepartlycorrect,andpartlyerroneous;butitmightbepossibletoembraceinitagreatmassoffacts,andperhapstogiveitconsiderableplausibility。

Inexaminingthesoundnessofthedoctrinefoundedonit,itmightfirstbeexpedienttoallowtheassumptionsnecessarilyinvolvedinittopassunnoticed,andtotestitsaccuracybyanapplicationtofacts。SuchisthecoursewhichImeantofollowinthisintroductoryexaminationofthesomewhatsimilartheory,asitseemstome,whichisthegroundworkforthevastandvariedaccumulationoffactsandopinionsembodiedintheWealthofNations。Ishallallowtheauthor'sassumptionstopassunquestionedinallcaseswheretheyaremixedwiththeexplanationofrealevents,thoughImayesteemthatexplanationerroneous;anditisonlywhere,aloneandunconnectedwithfacts,theyarebroughtforwardforthepurposeofargumentsasincontrovertibletruthsinordertoestablishtheparticulardoctrinewhichIcombat,thatIwillfeelmyselfcalledontoexposethefallaciesintowhichtheylead。

Thecelebratedauthorremarks,"thatitisfromhislaboralonethatmancandrawthenecessaries,theconveniences,theamusementsofhumanlife,fromthematerialswhichnaturehasplacedaroundhim。Astheamountofthesenecessaries,conveniences,andamusements,whichanymancanaffordtoenjoy,constituteshisriches;sotheamountofthemwhichallthemeninthenationcanenjoyconstitutesthenationalriches。Labor,then,beingthefirstprice,theoriginalpurchasemoney,thatispaidforallthings,aninquiryintonationalwealthis,infact,aninquiryintothemeansbywhichthelaboroftheindividualscomposinganationmayproduce,fromthematerialstheypossess,thegreatestamountofnecessaries,conveniences,andamusements。

"Thesemayeitherbetheimmediateproduceofthatlabor,orwhatispurchasedwiththatproducefromothernations。Hencesuchaninquirymaybedividedintotwoparts;thefirsttreatingofthemeansbywhichtheproduceofthenationallaborbecomesgreatest;thesecond,ofthemannerinwhichtheparttransferredtoothernationsprocuresfromthem,inreturn,thegreatestamountofnecessaries,conveniences,andamusements。

"First,then,maybeconsideredthesourcesofwealththatliealtogetherwithinthesociety,themeansofbringing,bythelaborofitsmembers,outofthematerialswhichitpossesses,thegreatestamountofproducts;

thatis,ofarticlesaffordingnecessaries,conveniences,oramusements。

"This,inanyparticularnation,mustberegulatedbytwocircumstances。

First,bytheskill,dexterity,andjudgmentwithwhichitslaborisgenerallyapplied;secondly,bytheproportionbetweenthenumberofthosewhoareemployedinusefullabor,andthatofthosewhoarenotsoemployed。"Itistothefirstofthesecircumstances,whichheobservesisofmuchthegreaterinfluence,thatourauthor'sreasoningchieflyrefer,andtotheconsiderationofit,therefore,wemayaltogetherconfineourselves。

"Thechiefcauseoperatingonthis,themainsourceoftheproductivenessoflabor,iscapital。Withoutcapital,industrycouldscarceatallexist。

Whileamanisexecutingapieceoflabor,hemusthave,tomaintainhim,astockofgoods,andhemusthavereadyprovidedforhimthetoolsandmaterialsnecessaryforperformingthework。Theseareallprocuredbycapital。Aweaver,forinstance,couldnotapplyhimselftomanufactureawebofcloth,unlessthereweresomewherestoredupforhimasupplyoffood,andothernecessaries,sufficienttomaintainhimtillhecompleteandsellit,andwerehenotprovidedbeforehandwithaloomandotherrequisitetoolsandmaterials。Itiscapitalwhichprovidesallthese,eitherhisownorthatofsomeotherperson。

"Ascapitalisthusthemostessentialelementinsettingindustryinmotion,soitisbytheamountofit,thattheproductivenessofthatindustryischieflydetermined。

"Everymanhavingcapitalnaturallyendeavorstomakethemostofit;

thatis,tocausethelaborwhichitputsinmotiontoyieldthegreatestamountofproductions。Thisheeffectsbythedivisionofthatlabor;thatis,byseparatingtheoperationsithastoperformintoasmanydistinctpartsaspossible,andallottingeachofthemtooneman,oronesetofmen,asapeculiaremployment。

"Theincreasearisingtotheproductivepowersoflabor,fromthisdivisionofit,isowingtothreedifferentcircumstances。First,totheincreaseofdexterityineveryparticularworkman;secondly,tothesavingofthetimewhichiscommonlylostinpassingfromonespeciesofworktoanother;

lastly,totheinventionofagreatnumberofmachineswhichfacilitateandabridgelabor。

"First,theimprovementofthedexterityoftheworkmannecessarilyincreasesthequantityoftheworkhecanperform;andthedivisionoflabor,byreducingeveryman'sbusinesstosomeonesimpleoperation,andbymakingthisoperationthesoleemploymentofhislife,necessarilyincreasesbymuchthedexterityoftheworkman。Acommonsmith,forinstance,willscarcemakemorethanthreehundrednailsaday,andthoseverybadones。

Aboywhohasdevotedhimselfentirelytothebusinessofmakingnails,canmakeupwardsoftwothousand。

"Secondly,timeisnotwastedinpassingfromoneworktoanother,andtheindolentsaunteringhabitsinducedbythefrequentchangeofemploymentareavoided。

"Thirdly,theinventionofallthosemachinesbywhichlaborissomuchfacilitatedandabridgedseemstohavebeenoriginallyowingtothedivisionoflabor。Inconsequenceofit,thewholeofeveryman'sattentioncomesnaturallytobedirectedtosomeoneverysimpleobject。Itisnaturallytobeexpected,therefore,thatsomeoneorotherofthosewhoareemployedineachparticularbranchoflaborshouldfindouteasierandreadiermethodsofperformingtheirownparticularwork,whereverthenatureofitadmitsofimprovement。Inthismodeagreatnumberofsuchimprovementsontheproductivepoweroflaborhavebeenmade。

"Theotherimprovementsinmachineryandmanufactures(16)havebeenalsoowingtothedivisionoflabor。Manyofthemhavebeenmadebytheingenuityofthose,who,fromthisseparationofemployments,havetakenupthetradeofmakingsuchmachines;others,bythatclassofcitizensofwhomalsophilosophyorspeculationbecomesthesoletradeandoccupation。

"Theperfectiontowhichthisdivisionoflabormaybecarrieddependsontheamountofcapitalthatsetsitinmotion;becausethesamenumberofworkmen,executingagreaterquantityofworkinproportionastheyarebetterclassifiedanddivided,requireconsequently,whensoclassified,alargerstockofmaterials,andtheextentofthestockofmaterialsprovidedmustberegulatedbytheamountofcapitalaccumulated。Again,whensodivided,theybothrequireandcausetobeinventedmanynewmachines。

Thesemachines,also,canonlybeprocuredby。acapitalpreviouslystoredup。Notonly,however,doestheaccumulationofcapital,byprovidingmoreabundantmaterialsandbettermachines,enablethesamenumberofworkmentobebetterdivided,andtoproducemorework,butitalsomaybeobservedthatthenumberofworkmeninanybranchofbusinessincreaseswiththedivisionoflaborinthatbranch。Thustheincreasedaccumulationofcapital,byeffectingamoreandmoreextendeddivisionoflabor,notonlyincreasestheproductivenessofthelaborofthesamenumberofworkmen,butaddstothatnumber。Bybothmeans,therefore,itgreatlyaugmentsthetotalrichesofthesociety,theamountofnecessaries,conveniences,andamusementsproducedbyitsmembers,andconsequentlyenjoyedbythem。

"Theseproductionswhichlabor,bytheaidofcapital,effectshavetobetransportedtotheplaceswheretheyaretobeconsumed,havetheretobestoreduptilltheymaybewanted,whentheyhavetobedividedintosmallportions,suitedtotheconvenienceofthepersonswhoaretousethem。Thedealersinwholesaleandretailareenabledtoperformtheseusefulofficesbytheinstrumentalityofcapital,andthegreatertheamountofthatcapitalthemoreeasilyandeffectuallytheycanperformthem。

Hence,everyadditiontheireconomymakestothatamount,tendsalsototheincreaseofthegeneralprosperity。

"Thedivisionoflaborislimitedbytheextentofthemarket。Beforeanyman,oranysetofmen,canincommonprudencedevotethemselvestoanyparticularemployment,theymustbeassuredthattheycandisposeofthecommoditywhichtheirexertionsintheprosecutionofthatemploymentwillproduce。Insituationswherethereisnotasufficientnumberofcustomersnearathandtoconsumethemanufacturedarticle,orwhereitcannotwithadvantagebetransportedtothoseatadistance,themakingofthatarticlecanneverbecometheexclusiveemploymentofanyman,orsetofmen。When,therefore,thereisnotasufficientlyextensivemarket,laborcannotbesomuchsubdividedasitotherwisewould,anditsproductivepowersarecrampedforwantofroominwhichtoexertthemselves。Theincreaseofcapitalextendsthemarketbyaddingtothenumbersandgeneralopulenceofthecommunity,andbyfacilitatingthemodesofcommunicationbetweenallpartsoftheterritorieswhichitpossesses,andthisextendingmarketgives,inturn,additionalceleritytotheincreaseofcapital。"

Tothisaccumulationofcapital,thiscontinualparsimonioussavingoutofrevenue,theprinciplethat,accordingtoourauthor,animatesthewholeprogressivemovementofthesociety,heassignsthefollowinglimit。

"Whenthestocksofmanyrichmerchantsareturnedintothesametrade,theirmutualcompetitionnaturallytendstoloweritsprofit;and,whenthereisalikeincreaseofstockinallthedifferenttradescarriedoninthesamesociety,thesamecompetitionmustproducethesameeffectonthemall。As,then,theprofitsofcapitalcontinuallylowerwithitsaugmentation,theremustarriveaperiodwhentheywillbesodiminishedastorenderitnolongerpossibletosaveanypartofthem。"Whenthisperiodarrives,thecountrywouldthen,Ithink,accordingtoourauthor,haveacquireditsfullcomplementofriches;everybranchofbusinessthereinhavingthegreatestquantityofcapitalthatcouldbeemployedinit。

"Butbesidestheimmediateproduceofitsownindustry,acountrythathasmadeanyprogressintheaccumulationofcapital,andconsequentdivisionoflabor,andfacilityofproduction,comestofurnishothercountrieswithmanyarticles,and,inexchange,toreceivefromthemmanyotherarticles。

Thisformsanothersourcefromwhencethenecessaries,conveniences,andamusementsofnationsmaybesupplied。Acountryisenabledtodothisfromtwocauses。Thesoil,climate,andnaturalproductionsofcountriesarevarious。Henceonecountryhasgenerallypeculiaradvantagesoverothersinmanufacturingcertainarticles。Again,onecountryexceedsanotherintheamountofcapitalitpossesses,andconsequentlyintheskillwithwhichitsindustryisapplied;hence,also,therearearticleswhichitcanproduceingreaterperfectionthanothercountries,withgreaterfacility,orboth。

"Thisistheorigin,andthesearetheadvantages,offoreigntrade。

Bymeansofittwoormorenationsareenabledtoexchangewithoneanotherwhatwouldotherwisehavebeentoeachsuperfluousforwhat,throughtheseexchanges,procurestoeachanadditionalamountofthenecessaries,conveniences,andamusementsoflife。

"Itiscapitalwhichenablesthemtoeffectthesebeneficialexchanges,andtheamountofthemmustbelimitedbytheamountofcapitalthatcanbeembarkedintheemployment。"Whatquantityofcapitalthisemploymentmayabsorb,whatquantityofproductionsmaythusbeexchangedbetweendifferentcountries,isaproblemwhichourauthorhasnot,asfarasI

perceive,givenuscertaindataforsolving。Someofhisfollowersthinkitillimitable,butitisclearthatthiswasnothisopinion,andthat,thoughhedidnotassignthelimits,heneverthelessbelievedtherewerelimitstoit。Accordinglyhemakesanotherchannel,throughwhich,whenthesearefilled,itmayflow,gatheringstillvolumetoitself,andaddingtothenationalprosperityasitproceeds。

"Thisiswhatiscalledthecarryingtrade,thecarryingthesurplusproduceofonenationtoanother。Twocountriesmayhaveproductswhichitwouldbeadvantageousforthemtoexchange,buttheymaynothavecapitalsufficienttoprovidethemeansnecessaryforeffectingthisexchange。

Insuchcase,anothernationhavingasuperabundantcapitalmayembarkpartofitinperformingthisofficeforthem,andintothisemploymentacountrysocircumstancednaturallydirectssuchacapital。Whenthecapitalstockofanycountryisincreasedinsuchadegree,thatitcannotbeallemployedinsupplyingtheconsumption,andsupportingtheproductivelaborofthatparticularcountry,thesurpluspartofitnaturallydisgorgesitselfintothecarryingtrade,andisemployedinperformingthesameofficestoothercountries。"(17)

Itmaybeobserved,however,withregardtothislastemployment,whichourauthorassignstocapital,thatitimpliesasuperiorityintheprogressoftheproductiveindustryofthecountryenjoyingthetrade,whichcannotbecalculatedonbeforehand。Anationcanonlypossessacarryingtrade,fromothernationswantingforeigntrade。Thoughitmay,therefore,formasourceofgaintoaparticularnation,itseemsnotsoproperlytobereckonedamongthecausesofthewealthofnations;for,withthegeneralprogressofthatwealth,accordingtothetheoryofourauthor,itwoulddecay。

Theingenioustheory,ofthemainelementsofwhich,Ihavethusattemptedtodelineatetheoutlines,itseminentauthorhasillustratedwithafelicityofobservation,andlaboriousnessofresearch,whichitwereasvaintoattempttodepreciate。assuperfluoustopraise。Heconceivesthatitestablishesthefollowingconclusions。

"Thenaturaleffortofeveryindividualtobetterhisowncondition,whensufferedtoexertitselfwithfreedomandsecurity,issopowerfulaprinciple,thatitisalone,andwithoutanyassistance,notonlycapableofcarryingonthesocietytowealthandprosperity,butofsurmountingahundredimpertinentobstructionswithwhichthefollyofhumanlawstoooftenencumbersitsoperations;thoughtheeffectoftheseobstructionsisalways,moreorless,eithertoencroachuponitsfreedomortodiminishitssecurity。"(18)That"everysystemwhichendeavors,either,byextraordinaryencouragementstodrawtowardsaparticularspeciesofindustryagreatershareofthecapitalofthesociety,thanwhatwouldnaturallygotoit,or,byextraordinaryrestraints,toforcefromaparticularspeciesofindustrysomeshareofthecapitalwhichwouldotherwisebeemployedinit,is,inreality,subversiveofthegreatpurposewhichitmeanstopromote。Itretardsinsteadofaccelerating,theprogressofthesocietytowardswealthandgreatness;anddiminishes,insteadofincreasing,therealvalueoftheannualproduceofitslandandlabor。"

Andtherefore,that"allsystems,eitherofpreferenceorrestraint,beingcompletelytakenaway,theobviousandsimplesystemofnaturallibertyestablishesitselfofitsownaccord。Everyman,aslongashedoesnotviolatethelawsofjustice,isleftperfectlyfreetopursuehisowninteresthisownway,andtobringbothhisindustryandcapitalintocompetitionwiththoseofanyotherman,ororderofmen。Thesovereigniscompletelydischargedfromaduty,inattemptingtoperformwhichhemustalwaysbeexposedtoinnumerabledelusions,andfortheproperperformanceofwhichnohumanwisdomorknowledgecouldeverbesufficient;thedutyofsuperintendingtheindustryofprivatepeople,andofdirectingittowardstheemploymentsmostsuitabletotheinterestofthesociety。"(19)

Iexpectinthesequeltoshowthatthesystemcontainscertainfundamentalerrorsinvalidatingverymanyoftheconclusions,whichtheauthordesirestoestablish。Inthemeantime,passingallsuchdiscussions,andviewingthesubjectinsomethingofthelightinwhichitseemstohavebeencontemplatedbyAdamSmithhimself,Iwouldobserve,thathissystem,ifcorrect,mustbeconsistentwithitself,andwithadmittedfacts。Histheorypretendstoshow,thatthesourceofthewealthofnations,theabundance,thatis,ofallthematerialsofcomfortandenjoyment,thenecessaries,theconveniences,theamusementsoflifewhichmenpossess,istobefoundinthegradualaccumulationofcapitalbytheundisturbedindustryandeconomyofindividuals,continually,throughthedivisionoflabor,introducingimprovementsinthemodesinwhichthislaboroperateswiththatcapital。

and,consequently,increasingwiththegreatestpossiblerapiditythereturnsfromthem。Hisdoctrineis,thattheaccumulationofcapitalbyindividuals,beingthustheonlythingrequiredtoproducethatabundancewiththegreatestpossiblerapidity,oughtnevertobeinterferedwithbythelegislature;

andthat,ifhedoesso,itmustnecessarilyhetothedetrimentofthesocietyforwhichhelegislates。If,therefore,evenaccordingtohim,thereareothersources,thanthemereaccumulationofcapital,andconsequentdivisionoflabor,onwhichnationsaredependentforturningtheirlaborandcapitaltothebestaccount,andthusdrawingfromtheirresourcesthemostabundantreturnsofnecessaries,conveniences,andamusements,thatisofwealth;insofar,histheorywouldseemimperfect,andhisdoctrineinapplicable。Ifwetheninparticularturntothepartofthesystemwithwhichwearespeciallyinterested,wefind,inreality,thatasfarasitisconcerned,thetheoryisthusinconsistentwitheventsadmittedbyitsauthor,thathencethisportionofitiscontradictorytoitself,andtoadmittedphenomena,andthatconsequentlythedoctrinedrawnfromitcannotherebemaintained。

Intheaccountoftheprogressofopulence,givenintheWealthofNations,wefindassigned,asoneofthecausesofit,theintroductionintoacountryofnewmanufactures。"Accordingtothenaturalcourseofthings,"wearetold,"thegreaterpartofthewealthofanygrowingsocietyisfirstdirectedtoagriculture,afterwardstomanufactures,andlastofalltoforeigncommerce。"(20)"Afteragriculture,thecapitalemployedinmanufacturesputsintomotionthegreatestquantityofproductivelabor。"(21)Theutilityofsuchmanufacturesisenlargedoninmanypartsofthework。"Theygiveanewvaluetothesurpluspartoftherudeproducebysavingtheexpenseofcarryingittothewaterside,ortosomedistantmarket,andtheyfurnishcultivatorswithsomethinginexchangeforit,thatiseitherusefuloragreeabletothem,uponeasiertermsthantheycouldhaveobtaineditbefore。

Thecultivatorsgetabetterpricefortheirsurplusproduce,andcanpurchasecheaperotherconvenienceswhichtheyhaveoccasionfor。Theyarethusencouragedandenabledtoincreasethissurplusproducebyafartherimprovementandbettercultivationoftheland;andasthefertilityofthelandhadgivenbirthtothemanufacture,sotheprogressofthemanufacturereactsupontheland,andincreasesstillfartheritsfertility。Themanufacturersfirstsupplytheneighborhood,and,astheirworkimprovesandrefines,moredistantmarkets。Forthoughneithertherudeproducenoreventhecoarsemanufacturecould,withoutthegreatestdifficulty,supporttheexpenseofaconsiderablelandcarriage,therefinedandimprovedmanufactureeasilymay。Inasmallbulkitfrequentlycontainsthepriceofagreatquantityofrudeproduce。"(22)"Therevenueofatradingandmanufacturingcountrymust,otherthingsbeingequal,alwaysbemuchgreaterthanthatofonewithouttradeormanufactures。

Bymeansoftradeandmanufacturesagreaterquantityofsubsistencecanbeannuallyimportedintoacountrythanwhatitsownlands,intheactualstateoftheircultivation,couldafford。Theinhabitantsofatown,thoughtheyfrequentlypossessnolandsoftheirown,yetdrawtothemselves,bytheirindustry,suchaquantityoftherudeproduceofthelandsofotherpeopleassupplythem,notonlywiththematerialsoftheirwork,butwiththefundoftheirsubsistence。Whatatownalwaysisinregardtothecountryinitsneighborhood,oneindependentstateorcountrymayfrequentlybewithregardtootherindependentstatesorcountries。(23)Commerceandmanufacturesgraduallyintroducedorderandgoodgovernment's(intoEurope)"andwiththemthelibertyandsecurityofindividuals,amongtheinhabitantsofthecountrywhohadbeforelivedalmostinacontinualstateofwarwiththeirneighbors,andofserviledependencyupontheirsuperiors。(24)

"Noforeignwar,ofgreatexpenseorduration,couldconvenientlybecarriedonbytheexportationoftherudeproduceofthesoil。Theexpenseofsendingsuchaquantityofittoaforeigncountryasmightpurchasethepayandprovisionsofanarmywouldbetoogreat。Fewcountries,too,producemuchmoreproducethanwhatissufficientforthesubsistenceoftheirowninhabitants。Tosendabroadanygreatquantityofit,therefore,wouldbetosendabroadapartofthenecessarysubsistenceofthepeople。

Itisotherwisewiththeexportationofmanufactures。Themaintenanceofthepeopleemployedinthemiskeptathome,andonlythesurpluspartoftheirworkisexported。Amongnationstowhomcommerceandmanufacturesarelittleknown,thesovereign,uponextraordinaryoccasions,canseldomdrawanyconsiderableaidfromhissubjects。(25)Inmodemwarthegreatexpenseoffirearmsgivesanevidentadvantagetothenationwhichcanbestaffordthatexpense;and,consequently,toanopulentandcivilizedoverapoorandbarbarousnation。"

Accordingtoourauthor,someofthesemanufacturesproceedfromtheoriginalrudeartsofthecountrycultivatedandrefinedbythegradualprogressofcapitalandofthedivisionoflabor;othersareintroducedfromforeignstates。Thistransfertakesplaceinthefollowingmanner。

Tradefirst,bydegrees,introducesatastefortheforeignmanufacture;

thedemandforitincreaseswithtimeandtheopulenceofthesociety。

Butwhenthistradehasbecomesogeneralastooccasionanextensiveconsumption,themerchantsofthecountry,tosavetheexpenseattendingthetransportofthearticlefromaforeigncountry,introducethemanufactureofitathome。

Insomecases,then,theincreaseofcapital,arisingfromtheaccumulationofindividuals,anddivisionoflaborthencearising,isnot,itwouldappear,sufficientalonetoaccountfortheprogressofimprovement,andconsequentproductionoffreshfundsoutofwhichwealthmaygrow。For,incaseswheretherawmaterialsexist,andcapitaltodividelaborandputitinmotionalsoexists,thesearesometimesconfessedlydependentontheimportationofnewartsfromothercountries,forthemeansofbeingadvantageouslydirected。Theseadmittedfactsarecertainlynotinaccordancewithourauthor'stheory。Passing,however,theconsiderationofthisatpresent,Ishouldwishtodirectthereader'sattentiontotheapplicationofhispeculiardoctrinestoeventsofthisclass;and,thatImaydoso,itisnecessarytoexaminethemwithsomewhatmoreattention。

Whengoodsaretransportedfromadistance,agreatpartoftheirpriceismadeupoftheexpense,attendingthetransport。Thisarisesnotmerelyfromthesimpleexpenseofcarriage,butfromtheriskattendingit,fromtheperilsoflandandwater,andthecarelessnessorknaveryofthosewhoareentrustedwithit;fromtheprofitswhichthedifferentcapitalists,throughwhomtheymaybetransferred,exact,andfromthedamagetowhichcommoditiesaresubjectbybeinglongkeptonhand。Thepriceofverymanycommoditiestransportedfromonecountrytoanotherisdoubledbytheinfluenceofthesecauses;notafewofthemderivemorethanthreefourthsoftheirvaluefromthem。

Hencethetransferofthemanufactureofsuchgoodstothecountriestowhich,whenmanufactured,theywerebeforesent,isveryhighlyadvantageoustothosecountries。Itisadvantageousfromthesavingtothenationalincomewhichiteffectsbydoingawaywiththeexpenseoftransport;fromfurnishing,accordingtoourauthor,anewandmoreprofitableemploymentforcapital;andfromthegeneraleffectsitproduceson。thenationalprosperity,asexemplifiedbyhiminthepassagesIhavequoted。Itmustbeallowed,however,thatthisintroductionofsuchmanufactures,bytheviolentoperation,ashetermsit,ofthestocksofparticularmerchantsandundertakers,whoestablishtheminimitationofsomeforeignmanufacturesofthesamekind,isamatterofgreatdifficulty。

For,inthefirstplace,thematerialswhichthehomesupplyaffordswill,inallprobability,benotaltogethersimilartothosethatareusedforthesamepurposeintheforeigncountry。Somemaybebetter,someworseadaptedtothepurpose,buttheycanscarcelybealtogetheralike。Theymustvary,too,intheirprice,somebeingcheaper,somedearer,thaninthecountryfromwhencethemanufactureisbrought。

Thegreaterpartofmanufacturesarealsoinfluencedbytheclimate。

Thedrynessormoistureoftheatmosphere,thedegreesofheatandcold,thebrightnessoftheskyandconsequentintensityofthelight,arecircumstanceswhichall,moreorless,affectmanymanufactures。

Theproportionbetweentheratesofwagesandprofitsofstockisalsoverydifferentindifferentcountries,anditconsiderablyinfluencesthedeterminationofwhatmaybethemostadvantageousmodeofconductinganyprocessinanycountry。

Whenthediscoveryofthatexactmodeofprocedure,whichtherelationsandconnexionsthatthesenewcircumstanceshavetoeachotherrendersmostexpedient,hasoncebeenmade,itmaybefoundthattheyareonthewholemorefavorable,andsuchaswillproduceabetterarticle,atlesscost,inthecountrytowhichthemanufactureistransported,thaninthatinwhichitwasoriginallyexercised。Tomakethediscovery,however,ofthisexactprocedureisalwaysamatterofdifficulty,andimpliesalmostnecessarilythepreviouscommissionofmanyerrorsandmistakes,andtheincurringofmuchneedlessexpenseandloss。Asingleindividual,whateverintelligenceandapplicationhemaypossess,canscarcehopetoarriveatit;itrequirestheeffortsofmanyindividuals,continuedthroughaconsiderablecourseoftime。

Butthesemodifications,intheprocessofanymanufacture,whichitsremovalfromonecountrytoanotherdemands,axefarfrombeingtheonlydifficultyattendingthatremoval。Anaccurateknowledgeoftheprinciplesofthemanufacture,andofthemannerinwhicheverypartofitiscarriedonintheforeigncountry,mustbeobtained;therequisitemachineryhastobeprovided,andworkmen,possessingtheskillanddexteritywhicheachpartoftheprocessrequires,mustbeprocured。Thesearegenerallymattersofgreatdifficulty。

Veryfewindividualshaveathoroughknowledgeofeverydifferentpartofanycomplicatedmanufacture。Inexamininganylargeandsuccessfulmanufacturingestablishment,wecommonlyfindthatthevariouspartsofitdepend,fortheperfectionwithwhichtheyareconducted,ontheeffortsofdifferentindividuals,whodevotetheirwholeattentiontotheirowndepartments,andarenotatallqualifiedtochangeplaceswitheachother;whilethedirectorofthewholehasonlysuchageneralknowledgeofeachasenableshimtosaywhenitisproperlyconducted,nothimselftopointouttheexactmodeofbestconductingit。Itishisbusinesstopreservetheeconomyofthewhole,andtosearchouttheindividualsbestfittedforcarryingoneverypart。Hencetheundertakerofanysuchwork,inacountrywhereithasnotbeenpractised,hasnotonlytoengageone,butgenerallymanyindividuals,inorderthatthedifferentprocessesofthemanufacturemaybeproperlyconducted。Thedifficultyoffindingpersonsofsufficientintelligenceandintegrityforthepurpose,whowillremovetoadistantcountry,withoutanextravagantreward,isverygreat,andtheriskofbeingimposedonbyengagingpersonsofinsufficientskill,andconsequentlysufferingconsiderableloss,isnotsmall。Thedifficultyoftransporting,orofconstructingthere,thenecessarymachinery,isoftenstillgreater;andwhentheseareprocured,workmenhavingtherequisiteskillanddexterityforperformingthemeremanualpartarestillwanting。

These,ifbroughtfromaforeigncountry,asmsoftennecessary,canonlybeinducedtoexpatriatethemselvesbythereceiptofexorbitantwages;

and,evenifthenativesofthecountrywherethenewmanufactureintobeestablishedcanbetrainedfromthefirsttoexecutethenecessarymanualoperations,besidesthelossarisingfromtheirdeficientdexterity,theywilldemandhigherwagesthanthoseengagedinestablishedemployments。

Amannaturallypreferscontinuinginanysortofworkwhichheunderstands,ratherthandisplayinghisawkwardnessinattemptingtoperformanoperationthatisstrangetohim。Besides,hehas,ingeneral,reasontoapprehendthat,shouldthenewmanufacturefail,hewillhavedifficultyinagainfindingemploymentinthetradehehadforsaken。Ontheseaccountsithappensthat"whenaprojectorattemptstoestablishanewmanufacture,hemustatfirstenticehisworkmenfromotheremploymentsbyhigherwagesthantheycaneitherearnintheirowntrades,orthanthenatureofhisworkwouldotherwiserequire;andaconsiderabletimemustpassawaybeforehecanventuretoreducethemtothecommonlevel。"(26)

Allthesecircumstancescreatesomanyobstaclestotheeffortsofprivateindividuals,intheirendeavorstocarryamanufacturefromacountryinwhichitalreadyprospers,toanotherinwhichitisunknown,thatitis,Ibelieve,veryrarelytheyhavesucceededindoingso,withouttheoccurrenceofsomefavorableconjunctureofevents,toaidthemintheproject。

Inpointoffactitwillbefound,thatthetransferofmanufacturesfromonenationtoanother,orratherthegeneralpropagation,throughallcountries,ofthismostimportantsourceoftheopulenceofeveryone,hasbeenchieflyowingtocauses,which,atfirstsight,wouldseemlittlecalculatedtoproducesobeneficialeffects。Warsandconquests,tyrannyandpersecution,thejealousyandhatredofrivalstates,have,strangetosay,beenthemainagentsindisseminatingartsandindustryovertheglobe,andthusamelioratingthesocialconditionofthewholehumanrace。

Events,that,tothosetowhomtheyhappened,broughtnothingbutcalamityandsuffering,haveprocuredprosperityandopulencetothegenerationsthathavesucceededthem;convulsions,thatdisturbandderangetheframeofcivilsociety,likethosewhichoccasionallyshakeanddesolatetheglobe,inthemidstofpresentdestructionanddevastation,carryingoftentheelementsoffuturefertilityandabundance。

Manufactureshavecommonlybeencarriedtoadistancebythemenwhohaveexercisedthosemanufactures。Butnoonewillinglyexpatriateshimself。

Theyeven,whowouldseemtohaveleasttoattachthemtotheirnativesoil,thepoormechanic,anddrudginglaborer,clingtoitwiththegreatesttenacity,andgenerallyquititnot,unlessforcedfromitbyinevitablenecessityorbythecontinuedpressureofsomeheavyevil。Inthiswaytheills,thatthetyrannyofdespots,orcivilandreligiousfactions,orwar,orfamine,bringsuponcommunities,haveoftencompelledgreatnumbersoftheirmostindustriouscitizens,toabandontheirhomes,andseekrefugeinforeigncountries。Theseemigrationshavebeenpowerfullyinstrumentalinimprovingtheartsofcivilizedlifeanddiffusingaknowledgeofthemovertheearth。Perhapsfewartswouldhavemuchpassedthenarrowlimitstowhichtheirfirstdiscoveryconfinedthem,hadnotcommunitiesbeensubjecttobetominpieces,andscatteredabroad,bytheviolenceoftheeventstowhichweallude。Theyhavebeentakingplaceineveryagesincetheworldbegan,andhavebeen,everynowandthen,forcinglargebandsofmentoquittheirnativehomesandseekrefugeinforeigncountries。Wheneversuchemigrationsoccur,theycarrytheknowledgeandskillofthecountriestheyleave,intothoseinwhichtheysettle,anddiffusethemoverthem;bybringingtogetherthedifferentartsofdifferentcountries,theyenableonetoborrowfromtheother,andraiseallnearertoperfection;

and,bygivingopportunitytothemtounitewithoneanother,fromthatunion,theyoccasionallyproducesomethatdidnotbeforeexist。Inallthesemodes,theyhavepromotedverygreatlytheprogressofhumanimprovement。

Theinfluenceofthesecauses,thoughmorepowerfulinremoteagesthaninthepresenttimes,hasnotyetceased。Itisshownineventsofveryrecentdateoractualprogress。Toitwechieflyowetheoriginofthoseflourishingstates,whichtheEuropeanracehaveraisedupinNorthAmerica;andtherapidprogressovertheWesternHemisphere,ofeveryimprovementthatartorscienceeffectsintheEastern。

Besidesthedirectagencywhichtheseoutbreakingsoftheviolentpassionsofmankind,bydisturbingandderangingthesmoothanduniformcourseofhumanexistence,havehadincastingitintonewandoftenimprovedforms,theyhaveproducedsimilareffectsinamannerlessconspicuousandevident。

Commerceintroducesatastefortheproductionsoftheartsofonecountryintoothers,whichareremotefromit。Theseproductions,atfirstregardedasmeresuperfluitiesorluxuries,pass,intimeandfromhabit,intothingsessentialtothecomfort,almosttotheexistence,ofthosewhohavebecomeaccustomedtotheiruse。Warinterruptsthiscommerceandthuscutsoffthesupplythatitaffordedofsucharticles。Excitedbytherewardsofferedbytheeagernessofademandthatcannotbesuppliedfromabroad,thedomesticindustryofthecountrythenexertsitself,first,toproducerudeimitationsoftheforeigncommodity,andatlength,rivalmanufactures。Thisisacausewhichhasextensivelyoperatedinmoderntimes,inspreadingmanufacturesfromcountrytocountry。ItistothewarsspringingoutoftheFrenchrevolution,andtheinterruptiontoEuropeancommercethattheyoccasioned,thatthefirstriseofmanymanufacturesindifferentpartsoftheoldandnewworld,whicharenowinaveryprosperouscondition,istobetraced。

Butbesidestheinfluencewhichtheviolentoperationofforeignwars,andintestinecommotions,hashadinpromotingthepropagationofartsovertheworld,manyofthemunquestionablyhavebeenencouragedandenabledtoextendthemselvesto,andtakerootin,countriesremotefromtheseatswheretheyoriginallyflourished,bythedirecteffortsofthelegislatorsofsuchcountries,todrawthemthere,tocherishtheirfirstfeebleadvances,andtopromotetheirsubsequentgrowthandvigor。Thereareveryfewproductionsofmodernart,thatdonotstandindebtedtothelegislatorsofthecountriesinwhichtheyaremanufactured,fortheiradvancementandperfection。

Thesethreecauseshave,generally,moreorlesscooperatedwitheachotherintheextensionandadvancementofeverybranchofart。Thecaseswheretheeffortsofprivateindividuals,unaidedbyoneorallofthem,have-beensuccessfullintransferringanymanufacturetoadistantcountry,are,asIhavealreadyobserved,exceedinglyrare。

Inaccordancewiththedoctrinewhichhesupportsthroughout,itisheremaintainedbyourauthorthatthelastofthesecausesoperatingintheproductionofnewarts,orintheirintroductionintoacountry,theinterference,viz,ofthelegislator,isimproper,becausenecessarilyinjurious;andthathisagency,sodirected,always,andfromitsverynature,insteadofpromotingtheadvancementofthegeneralopulenceandprosperity,operatesinamannerprejudicialtoboth。Allowingthatthisintroductionofnewartsandmanufacturesfromforeignstatesis,initself,beneficial,insomuchthatheassignsit,aswehaveseen,asoneofthecausesofcountriesbecomingwealthyandprosperous;hemaintains,thatthisparticularmodeofintroducingthemisnecessarilyinjurious。

Wehavethentoinquire,ifthereareanyothermeansbywhich,accordingtohisprinciples,thisacknowledgedmostbeneficialresultcanbebroughtabout。

Theviolentoperationofforeignwarsordomesticdisturbances,willscarce,Ithink,besaidtobemoreadvantageousmethodsofeffectingthispurpose,thantherestrictionsandbountiesofthelegislator。Atalleventssuchcausesarecontinuallydiminishingintheirfrequencyandthevigouroftheiroperations,andbecomingmoreandmorebeyondthereachofourcalculations。Forspreadingtheusefulartsfrompeopletopeople,thiselementconfessedlyofverygreatimportanceintheadvanceofthegeneralwelfareofmankind,thereremainsthen,accordingtotheseprinciples,buttheunaidedeffortsofprivateindividualsalone。

Itmustbekeptinmind,that,bytheeffortsofindividuals,aremeant,accordingtoourauthor,theirendeavorstobettertheircondition;thatis,ashedefinesit,toincreasetheirfortunes。But,inordertoaddtohisfortune,onemustgetmorethanhegives。Nosucheffortscaneverleadanyindividualtoembarkinaprojectthatwillprobablytakemorefromhim,thanitwillreturntohim。Now,totransferamanufacturefromonecountrytoanother,mustalwaysbeaverytediousandexpensiveoperation,foranyindividualtoperform。Theconsiderationofhisownprofit,thesolemotiveaccordingtoourauthor,whichdeterminestheownerofacapitaltoemployitinanyundertaking,wouldneverleadone,toengageintheenterpriseofestablishinganewmanufactureinanycountryunlessofsuchcommoditiesaswereofcommonconsumptioninit,andwhichhecouldthereforebesuretosell。Thosecommoditiesbeingofcommonconsumption,andnotproducedwithinthecountry,mustatthetimebefurnishedbysomeforeignstate,and,consequently,toprocuretheirsale,hemustbeabletosupplythem,atascheaparateasthatstate。Theeffectingthis,forreasonsIhavestated,wouldgenerallytakemoretimeandmoney,thananyprivateindividualcanafford。But,grantingthatthefundsofsomeprivateindividualscouldaffordthisrequisiteoutlay,andthattheyshouldsucceedmbringingthemanufacturetosuchperfectionastoenablethemtosellthecommodityontermsequaltothoseoftheforeignmerchant,orlowerthanhis,themoredifficultquestionis,howisthisgreatoutlaytobereimbursed?

Agreatpartofanindividual'scapitalhasbeenexpended。Thisexpenditurecan,evidently,bereimbursedtohimonlybyhisdrawingproportionallylargerprofits,thanheotherwisecould,fromwhatremains。Tobalancetheextraordinaryoutlay,hemusthaveextraordinaryreturns。

Butprofitsfarexceedingtheusualrateofprofitcanscarcelyeverbedrawn,foranytimefrom,anyemployment。"If,inthesameneighborhood,therewasanyemploymentevidentlymoreadvantageousthantherest,somanypeoplewouldcrowdintoit,thatitsadvantageswouldsoonreturnintothelevelofotheremployments。"(27)Itisnodoubttrue,thattheproprietorofsuchnewmanufacturemight,sometimes,notonlysucceedinestablishingit,butinkeepingsecretthegreatprofitshemadefromit,foraconsiderableperiod。Thisisapieceofgoodfortune,however,which,thoughitmightsometimesbefallanindividual,hecouldneverbeforehandfairlycalculateon。Itismuchmoreprobablethathissuccesswouldbeblazonedabroadandexaggerated,thatseveralprojectorswouldestablishthemselvesbesidehim,and,bybribinghisworkmenwithsomewhathigherwages,withcomparativeease,succeedindeprivinghimoftheprofitshemightotherwisehavedrawnfromhisextraordinaryoutlayoflaborandcapital。(28)Itmay,therefore,Ithink,besafelylaiddownasaprinciple,that,inallordinarycases,adueregardtotheirowninterestscannotbeamotivesufficienttopromptindividualstosuchundertakings。Itmaynodoubthappen,ascapitalistsareeverynowandthenengagingininjudiciousprojects,andsuchaseitherinjureorruinthem,thatsomeonemaybeimprudentenoughtoenteronsuchaprojectasthis,andmaysucceedinintroducingaparticularmanufacture,thoughwiththelossofpart,orofthewholeofhiscapital。But,evengrantingthatsuchanoccurrenceasthismaysometimestakeplace,itwouldbefarfromservingtohelpoutthetheorywearediscussing。"Everyinjudiciousandunsuccessfulprojectinagriculture,mines,fisheries,trade,ormanufactures,tendstodiminishthefundsdestinedforthemaintenanceofproductivelabor。Ineverysuchproject,thoughthecapitalisconsumedbyproductivehandsonly,yet,asbytheinjudiciousmannertheyareemployed,theydonotproducethefullvalueoftheirconsumption,theremustalwaysbesomediminutioninwhatwouldotherwisehavebeentheproductivefundsofthesociety。"(29)Thisprojectthen,beinginjudiciousandunsuccessful,foritwouldhaveoccasionedthelossofaportionofindividualcapital,must,bytheseprinciples,beinjurioustothesociety。

Ifitbesaidbyanysupporterofthesedoctrines,thatthisistoostrictandconstrainedaninterpretationofthem,andthatthelosswhichthesocietysustains,bythedestructionofthecapitaloftheoriginalintroducerofthemanufacture,mustbeallowedtobemadeupbythegainwhichitreceivesfromtheprofitsmadebythosewhoafterwardsengageinit;(30)Ireply,thatIperfectlyagreewithhiminhisconclusions。Itoothink,thatthesmallpresentexpenditureofthefundsofthesocietywhichtheprojectmayoccasion,maybemorethanrepaid,bythelargefuturerevenuethatitwillbringin。Theonlydifferencebetweenusis,thatthedoctrinesheadvocates,teachustowait,tillthemiscalculationsofsomeunfortunateprojectorconferonusapublicbenefit,whereas,Ihold,thatitwouldbemorejustandjudiciousthatthenecessaryfirstcostoftheschemeshouldbebornebythewholecommunity;morejust,asthustheburdennecessarytobebornetoprocureacommonbenefitwillbedividedamongstall,insteadofbeingsustainedbyone;morejudicious,asthesocietywillnothavetowait,fortheattainmentofadesirableobject,onsodoubtfulachanceasthefollyofprojectors。

Itmayalsohappen,thatanindividual,bysomerareconcurrenceofaccidents,maybecomeinitiatedintoallthesecretsofsomeforeignmanufacture,and,bysomeequallyrareandhappyunionofgoodfortuneandingenuity,maysucceedinintroducingitintohisowncountrywithprofittohimself。Towait,however,forthis,oranysuchlikeluckychance,orsingularlyfortunateconcurrenceofcircumstances,whilebettercouldbedone,wouldbeLikewaitingtillthenaturalactionsofthewindsandtidesshould,bysomestrangelypropitiousconcurrenceofevents,castuponourshoresavaluableplantorseed,thatwemightdirectlyprocureforthemeretroubleandexpenseofsendingforit。

Thereare,also,anotherclassofmotives,capable,nodoubt,ofleadingevenindividualsintosuchundertakings,andofcarryingthemsuccessfullythroughthem。Theloveofcountryorfame,orthedesiretogratifypersonalvanity,arepowerfulmotivesofhumanaction,andmaysometimesevenbedirectedintosuchchannelsasthis。But,asthetendencyofsuchmotivestopromotethegrowthofnationalwealthisopposedtotheprinciplesofourauthor,andisexpresslydeniedbyhim,weneednothereenterintoanyinquiryconcerningthem。

Thereis,however,onecase,inwhichitcannotbedenied,thattheeffortsofindividualstopromotetheirowninterestsmaybesufficienttointroduceanewmanufacture。If,intheprogressofevents,therequisitesforaforeignmanufacturecometobeproducedinsogreatabundance,andwithsomuchfacility,inanycountry,thataprojectortherefindsthathecanfromthefirstaffordtomanufacturethecommodity,andsellitataslowarateastheforeignmerchant,adueregardtoself-interestwillcertainlydirectaportionofthenationalcapitalintothatemployment。

But,acaseofthecircumstancesofacountrybeingsopeculiarlyfavorabletothepracticeofaforeignart,that,intheveryfirstessaysitmakesinit,itcansuccessfullycompetewithanother,wherethatarthasbeenlongestablished,isassuredlyveryrare;and,ifanysuchcaseoccur,wemaybesatisfiedthatthemanufacturemight,withmuchadvantage,havebeenpreviouslyintroduced。

Inapassagealreadyquoted,itisobserved,that,"whenatasteforforeignmanufacturesbecomesgeneral,themerchants,inordertosavetheexpenseofcarriage,naturallyendeavortoestablishsomemanufactureofthesamekindintheirowncountry。"Theseexpressionsaresomewhattooloosetocoincidewithourauthor'stheory。Itcannotbetosavetheexpenseofcarriage,buttoaddtohisownriches,thatamerchantwillendeavortodoanysuchthing。Theconsummationofsuchameasure,bysavingaconsiderableexpensetothecommunity,mightindeedaddlargelytothemeansofincreasingtheirwealthinpossessionofallthemerchants,orratherofallthemembersofthesociety;but"itishisownadvantage,andnotthatofthesociety,whicheverymemberofithasinview;"and,inthissystemofperfectlibertyandfreedomfromrestraint,whichisassertedtobethetrueplanofcarryingthegeneralprosperityofthecommunitytothehighestpitch,thedifficultyis,todiscoveramethodofinducinganindividualtoincuranunavoidableoutlay,thereturnsfromwhich,althoughverybeneficialtothewholesociety,arenomoresotohimwholaysoutagreatdeal,thantootherswholayoutnothing。Unionissaidtogivestrength。Butunioncannotexistunlesstherebeabondtounite,andthisbondmustconfineandrestrain。Therodstomakeabundleweretiedtogether。Menaretiedbylaw,abondbindingalltopursuethecoursesupposedtoconducemosttothegeneralhappiness。

Thisbond,thoughrestrainingindividualfreedomofaction,andpreventingindividualsfrompursuingthecoursewhichtheymightfindmostconducivetotheirownprivatehappinesshasnot,onthewhole,beenesteemedtohaveslightlypromotedthegreatendforwhichitexists,thegeneralwell-beingofmankind。Weseektorectifyitserrors,nottoabolishit。Thepeculiarityofthissystem,relatingtothisparticularpartofthefieldofhumanaction,is,thatitmaintainsthatmencannotinit,aselsewhere,unite,soastoattainacommongood。That,onthecontrary,whentheysounite,insteadofattainingacommongood,theynecessarilyburdenthemselveswithacommonevil。Itaims,nottoremedyanyerrorscommittedinadjustingthebond,but,tocutitasunderandcastitaway。Itiscalledasystemofcompletefreedomfromrestraintandperfectliberty。Theseterms,whenlookedatnearly,willbefoundtomeanadissolutionofallbondsandtotalisolationofinterests。Hence,inthisparticularcase,whereanendistobegained,theattainmentofwhichitisadmittedwouldbebeneficialtoall,itisyetmaintainedthatitisimpossibleforalltobringittopasswithouthurtinginsteadofbenefittingthemselves。

Itisimpossibletoshuttheeyestothefact,thattheintroductionofanartintoanycountry,enablingthelaborofitsinhabitantsatoncetotransmutetheproducts,whichnature,inconjunctionwiththeirownindustry,procuresforthem,intothecommoditiestheirwantsdemand,insteadofsendingthemtoadistancetootherpeopletoeffectthatchange,isagreatgoodtoall,wereitonlyforthemeresavingoftransportthuseffected;butitismaintained,thatitisimpossibleforallthemembersofthecommunityadvantageouslytouniteinbringingaboutthiscommonbenefit。Itisclearlyseen,thatanewchannelmightbeopenedfromtheexhaustlessriverofhumanpower,springingfromthemingledsourcesofnatureandart,andthat,ifso,aplenteousstreamwouldflowinonthecommunityfromwhichindividualsdrawingmightlargelyaddtothegeneralopulence。Butsomemeansmustbeemployedtoopenitup。Thereisanobstructioninthewaythatmustpreviouslybeovercome;arockblockingitupthatmustberemoved。Noindividualwillopenupthechannel,because,werehesotodo,hecouldderivenomorebenefitfromthelaborthanotherswhohadnotlabored。Thewholesociety,orratherthelegislator,thepoweractingforthewholesociety,mightdoso,andinsimilarcaseshasdoneso,and,tojudgeofthemeasurebytheeventsconsequentonit,withthehappiestsuccess。Why,then,shouldhenot?

TheargumentsadvancedbytheauthoroftheWealthofNations,toprovethatthelegislatorneveroughttolendhisaidtoeffectsuchapurpose,arechieflycontainedinthesecondchapterofthefourthbook。Theywillbefoundtorestalmostaltogetherontheassumption,thatnationalandindividualcapitalincreaseinpreciselythesamemanner。Thisnotion,IflattermyselfIhaveshown,cannot,byanymeans,betakenasaself-evidentprinciple,oronesofirmlyestablishedastoservetobuildanimportantpracticaldoctrineonit。But,evenadmittingthatthetwoprocessesaresimilar,theargumentsofAdamSmithwouldnotaltogetherbearouthisconclusions。

Itis,hesays,andthesentimentservesforamotto,andforms,indeed,thesubstanceoftwovolumesthathavecontributedgreatlytospreadhisdoctrinesoverEurope,"Itisthemaximofeveryprudentmasterofafamily,nevertoattempttomakeathomewhatitwillcosthimmoretomakethantobuy。Thetailordoesnotattempttomakehisownshoes,butbuysthemoftheshoemaker。Theshoemakerdoesnotattempttomakehisownclothes,butemploysatailor。Thefarmerattemptstomakeneithertheonenortheother,butemploysthosedifferentartificers。Allofthemfinditfortheirinteresttoemploytheirwholeindustryinawayinwhichtheyhavesomeadvantageovertheirneighbors,andtopurchasewithapartofitsproduce,or,whatisthesamething,withthepriceofapartofit,whateverelsetheyhaveoccasionfor。Whatisprudenceintheconductofeveryprivatefamilycanscarcebefollyinthatofagreatkingdom。"

Tomakethefancifulparallelhereassumedascomplete,inanysensejust,itwouldbenecessarytoplacethetailoratahundredmilesdistancefromtheshoemaker。Wereheatthisdistance,anddidhefindthattheexpenseofgettingapairofshoescarriedsofarwasconsiderable,perhapsexceedingtheirfirstcost,hemightfinditgoodeconomyeventomakethemhimself。Tobesure,theprocuringtherequisitetoolsandthelearningtheiruse,wouldrenderthemakingofthefirstfewpairsmuchmoreexpensivethanthepurchasingofthemwouldhavebeen。Butthisnecessarydearnessofthefirstarticlesproducedmightbecompensatedbythecheapnessofthoseproducedsubsequently。Inthesameway,thoughafarmer,ifthetailorandshoemakerwerenearathand,woulddowiselytoemploythem,yet,iftheywereatagreatdistance,hemightpossiblywithadvantagedispensewiththeirservices,andsetsomeofhisfamilytomakeclothesandshoesfortherest。Afarmer,indeed,wouldhavepeculiarinducementstopractisesometrades,those,namely,forwhichhesuppliedtherawmaterials,asbydoingsohewouldbesavedthecarriage,bothofthearticlesmade,andofthestuffformakingthem。Itisthus,that,infact,inmostcountrieswherethepopulationisscatteredandtheinternalcommunicationsarebad,manytradesarepractisedinthefarmers'housesandbytheirownfamilies。

Inthiswayitisthat,inverymanyoftherecentlysettledpartsofNorthAmerica,everyoperationthatthewoolundergoes,fromthetakingoffthefleecetothecuttingandmakingupthecloth,isperformedinthefarmer'shouseandbyhisownfamily。AsimilarstateofthingscausedasimilarpracticetoprevailinEnglandacenturyago,and,atpresent,keepsupmanyofthosemanufactureswhichareproperlytermeddomestic,inmanyotherpartsofEurope。InCanadaitisnotuncommonforthefarmertohave,notonlythewholeprocessesthatwoolundergoestillitcometobeworn,carriedonbythemembersofhisownfamily,butalsotogetagreatvarietyofotherthingsmadebythem,whichhecouldnotprocureotherwiseunlessbysendingtoaninconvenientdistance。

Themendingofshoes,verygenerally,themakingofthem,notunfrequently,andsometimeseventhemanufacturingtheleather,areinrecentandremotesettlementsthusperformed。Thelatterprocess,Imayadd,fromvariouscircumstances,butchieflyfromtheuseofthebarkofasortofpinepeculiartothecountry,andingeneralverycommon,andwhich,unlikethatoftheoak,isverythickandeasilycollected,ismuchlessexpensiveinCanadathaninBritain。

Iknewtwobrotherswhosefarmsorestateslayinoneoftheinteriordistrictsofthatcountry,inthemidstofitsforests,andconsequentlyataconsiderabledistance,perhapstwentyorthirtymiles,fromartificersofanydescription。Havingeachofthemlargefamiliesandproductivefarms,theyhadoccasionfortheservicesofvariousartificers,andhadthemeansofpayingthem。Nevertheless,theyveryrarelyemployedthem;almosteveryarticletheyrequiredwasmadebysomeoneofthetwofamilies。Astheywereprudentandsagaciousmen,ofwhichtheyproducedthebestevidenceinthegeneralsuccessoftheirundertakings,andtheprosperityofthesettlementofwhichtheywereatthehead,Ithinkitlikely,thatinthisalsotheyhadturnedtheirmeanstothebestaccount。Infact,astheywhoarefamiliarwiththedetailsofbeginningsettlementsinNorthAmerica,willadmit,bythisplantheyinagreatmeasureobviatedthetwochiefdrawbacksontheprosperityofnewandremotesettlements,theexcessivedearnessofeveryarticlenotproducedthere,fromthegreatexpenseattendingthetransportoftherawproduceandretransportofthemanufacturedgoods,andtheseriousinconveniencearisingfromthedifficulty,insuchsituations,ofsupplying,whennecessary,unforeseenhutpressingwants。

Amongotherthingswhichtheygotmadeontheirownfarms,wereboots,shoes,andleather。Thattheymightgetthisdone,theywereatthepainsandexpenseofsendingoneoftheyoungmentosomedistance,tomakehimselfsufficientlymasterofthosetradesfortheirpurpose。Theythought,however,thatthecosttheywerethusputtowasrepaid,thriceover,bythesavingoftimeandexpensewhichiteffectedforthem,inenablingthemtomake,outofleatherwhichcostthemverylittle,numerousarticlesthattheymustotherwisehavebeenconstantlysendingfortoagreatdistancebyroadsthatwerealmostimpracticableagreatpartoftheseason。Idonotknowwhetherinthistheirconductwasjudiciousorotherwise,but,itisverycertain,thathoweverapparentlyprudentthemeasuremayhavebeen,andhowevergreatthesavingeffectedbyitmighthavebeen,itwascompletelycontrarytoourauthor'sdoctrines,andmighteasilybeshownbythemtohavebeennecessarilyandinevitablyinjurious。

Wemaysupposethat,justatthetimewhenthesetwolegislatorsofthislittlecommunityhadcometothedeterminationoftakingmeanstodispensewiththeservicesofthedistanttannerandshoemaker,theywereaddressedonthissubjectbyaphilosopherofthisschool。Hisreasonswoulddoubtlesshavebeeninthefollowingstrain。"Youareassuredlywrongintheplanyouaregoingtoadopt,foritproceedsuponveryerroneousandilliberalprinciples,asIcaneasilyshowyou。Youareinwant,yousay,ofsomepairsofshoes,surelythenitisbestforyoutopurchasethemwhereyoucangetthemcheapest。But,bytheplanyouaretakingofgoingtoagreatexpensetohavethemmadeathome,theywillcertainlycostyoumorewhenmadethere,thanifboughtattheplacewhereyouhavehithertopurchasedshoes。And,ifthatplacecansupplyyouwiththiscommoditycheaperthanyouyourselfcanmakeit,betterbuyittherewithsomepartoftheproduceofyourownindustry。Thegeneralindustryofyoursettlementmustalwaysbeinproportiontothecapitalwhichemploysit,andwillnotbediminishedbybeinglefttobeemployedinawayinwhichyouhavesomeadvantage。Byforcingittoproduceanobjectwhichitcanbuycheaperthanitcanmake,itcertainlyisnotemployedtothegreatestadvantage。

【推荐阅读】幽幽深宫,醒来一梦似千年,重生于下堂妃身躯中的她,将如何手刃仇人? 点击阅读

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