f the consumer? That
the supply should be large, the demand small.
As these two interests are immediately opposed to each other, it follows
that if one coincides with the general interest of society the other
must be adverse to it.
Which then, if either, should legislation favor as contributing most to
the good of the community?
To determine this question, it suffices to inquire in which the secret
desires of the majority of men would be accomplished.
Inasmuch as we are producers, it must be confessed that we have each of
us anti-social desires. Are we vine-growers? It would not distress _us_
were the frost to nip all the vines in the world except our own: _this
is the scarcity theory_. Are we iron-workers? We would desire (whatever
might be the public need) that the market should offer no iron but our
own; and precisely for the reason that this need, painfully felt and
imperfectly supplied, causes us to receive a high price for _our_ iron:
_again here is the theory of scarcity_. Are we agriculturists? We say
with Mr. Bugeaud, let bread be dear, that is to say scarce, and our
business goes well: _again the theory of scarcity_.
Are we physicians? We cannot but see that certain physical
ameliorations, such as the improved climate of the country, the
development of certain moral virtues, the progress of knowledge pushed
to the extent of enabling each individual to take care of his own
health, the discovery of certain simple remedies easily applied, would
be so many fatal blows to our profession. As physicians, then, our
secret desires are anti-social. I must not be understood to imply that
physicians allow themselves to form such desires. I am happy to believe
that they would hail with joy a universal panacea. But in such a
sentiment it is the man, the Christian, who manifests himself, and who
by a praiseworthy abnegation of self, takes that point of view of the
question, which belongs to the consumer. As a physician exercising his
profession, and gaining from this profession his standing in society,
his comforts, even the means of existence of his family, it is
impossible but that his desires, or if you please so to word it, his
interests, should be anti-social.
Are we manufacturers of cotton goods? We desire to sell them at the
price most advantageous to _ourselves_. We would willingly consent to
the suppression of all rival manufactories. And if we dare not publicly
express this desire, or pursue the comple
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