FREE BOOKS

Author's List




PREV.   NEXT  
|<   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74  
75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   >>   >|  
the variation of things a balance is preserved: That provisions have not advanced in price, but are more plentiful: And that the lower class of men have found in trade, that intricate, but beneficial clue, which guides them into the confines of luxury. Provisions and the manufactures, like a pair of scales, will not preponderate together; but as weight is applied to the one, the other will advance. As labour is irksome to the body, a man will perform no more of it than necessity obliges him; it follows, that in those times when plenty preponderates, the manufactures tend to decay: For if a man can support his family with three days labour, he will not work six. As the generality of men will perform no more work than produces a maintenance, reduce that maintenance to half the price, and they will perform but half the work: Hence half the commerce of a nation is destroyed at one blow, and what is lost by one kingdom will be recovered by another, in rivalship. A commercial people, therefore, will endeavour to keep provisions at a superior rate, yet within reach of the poor. It follows also, that luxury is no way detrimental to trade; for we frequently observe ability and industry exerted to support it. The practice of the Birmingham manufacturer, for, perhaps, a hundred generations, was to keep within the warmth of his own forge. The foreign customer, therefore, applied to him for the execution of orders, and regularly made his appearance twice a year; and though this mode of business is not totally extinguished, yet a very different one is adopted. The merchant stands at the head of the manufacturer, purchases his produce, and travels the whole island to promote the sale: A practice that would have astonished our fore fathers. The commercial spirit of the age, hath also penetrated beyond the confines of Britain, and explored the whole continent of Europe; nor does it stop there, for the West-Indies, and the American world, are intimately acquainted with the Birmingham merchant; and nothing but the exclusive command of the East-India Company, over the Asiatic trade, prevents our riders from treading upon the heels of each other, in the streets of Calcutta. To this modern conduct of Birmingham, in sending her sons to the foreign market, I ascribe the chief cause of her rapid increase. By the poor's books it appears, there are not three thousand houses in Birmingham, that pay the parochial rates; whils
PREV.   NEXT  
|<   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74  
75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   >>   >|  



Top keywords:

Birmingham

 

perform

 

applied

 

support

 

commercial

 
labour
 

confines

 

foreign

 

manufacturer

 

practice


provisions
 

merchant

 

manufactures

 

luxury

 

maintenance

 

Britain

 

spirit

 
fathers
 

penetrated

 

travels


business

 

totally

 

extinguished

 

appearance

 

adopted

 

island

 
promote
 
explored
 

produce

 
stands

purchases

 

astonished

 

market

 
ascribe
 

sending

 

conduct

 

streets

 

Calcutta

 
modern
 

houses


parochial

 

thousand

 

appears

 

increase

 

American

 

intimately

 
acquainted
 
Indies
 

Europe

 

exclusive