FREE BOOKS

Author's List




PREV.   NEXT  
|<   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   100   101   102   103   104   >>   >|  
does not limit the growth of London. This, we may guess, is one of the petulant utterances of early years which he would have disavowed or qualified upon maturer reflection. But Young is essentially an apostle of the 'glorious spirit of improvement,'[56] which has converted Norfolk sheep-walks into arable fields, and was spreading throughout the country and even into Ireland. His hero is the energetic landowner, who makes two blades of grass grow where one grew before; who introduces new breeds of cattle and new courses of husbandry. He is so far in sympathy with the _Wealth of Nations_, although he says of that book that, while he knows of 'no abler work,' he knows of none 'fuller of poisonous errors.'[57] Young, that is, sympathised with the doctrine of the physiocrats that agriculture was the one source of real wealth, and took Smith to be too much on the side of commerce. Young, however, was as enthusiastic a free-trader as Smith. He naturally denounces the selfishness of the manufacturers who, in 1788, objected to the free export of English wool,[58] but he also assails monopoly in general. The whole system, he says (on occasion of Pitt's French treaty), is rotten to the core. The 'vital spring and animating soul of commerce is LIBERTY.'[59] Though he talks of the balance of trade, he argues in the spirit of Smith or Cobden that we are benefited by the wealth of our customers. If we have to import more silk, we shall export more cloth. Young, indeed, was everything but a believer in any dogmatic or consistent system of Political Economy, or, as he still calls it, Political Arithmetic. His opinions were not of the kind which can be bound to any rigid formulae. After investigating the restrictions of rent and wages in different districts, he quietly accepts the conclusion that the difference is due to accident.[60] He has as yet no fear of Malthus before his eyes. He is roused to indignation by the pessimist theory then common, that population was decaying.[61] Everywhere he sees signs of progress; buildings, plantations, woods, and canals. Employment, he says, creates population, stimulates industry, and attracts labour from backward districts. The increase of numbers is an unqualified benefit. He has no dread of excess. In Ireland, he observes, no one is fool enough to deny that population is increasing, though people deny it in England, 'even in the most productive period of her industry and wealth.'[62] One cause
PREV.   NEXT  
|<   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   100   101   102   103   104   >>   >|  



Top keywords:
population
 

wealth

 

districts

 

export

 

Ireland

 
commerce
 
Political
 

spirit

 
system
 

industry


formulae

 

Cobden

 
balance
 

restrictions

 
argues
 

investigating

 
Economy
 
believer
 

dogmatic

 

consistent


benefited

 

customers

 

opinions

 

Arithmetic

 

import

 

labour

 

backward

 

increase

 

numbers

 

attracts


stimulates

 
Employment
 

canals

 

creates

 

unqualified

 
benefit
 

increasing

 
people
 

England

 
period

excess
 

observes

 
plantations
 
Malthus
 

productive

 

conclusion

 
accepts
 

difference

 
accident
 

Though