BestLightNovel.com

An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations Part 21

An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations - BestLightNovel.com

You’re reading novel An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations Part 21 online at BestLightNovel.com. Please use the follow button to get notification about the latest chapter next time when you visit BestLightNovel.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy

{99} In Brabant and Flanders the people were very jealous of their liberties. They were, however, most terribly oppressed by the churchmen and lawyers.

[end of page #122]

The repairs of highways, bridges, streets, and expenses of police in general; whatever falls on parishes, towns, or counties, in the form of a tax or rate, is generally ill-administered, and the wastefulness increases with wealth. The difficulty of controling or redressing those evils proceeds from the same spirit pervading all the separate administrations. Government alone can remedy this; and it is both the interest and duty of the government to keep a strict watch over every body of men that has an interest separate from that of the public at large. Similar to the human body, which becomes stiff and rigid with age, so, as states get older, regulation upon regulation, and encroachment on encroachment, add friction and difficulty to the machine, till its force is overcome, and the motion stops. In the human body, if no violent disease intervenes, age occasions death. In the body politic, if no accidental event comes to accelerate the effect, it brings on a revolution; hence, as a nation never dies, it throws off the old grievances, and begins a new career.

The tendency that all laws and regulations have to become more complicated, and that all bodies, united by one common interest, have to encroach on the general weal, are known from the earliest periods; but we have no occasion to go back to early periods for a proof of that in this country. As wealth increases, the temptation augments, and the resistance decreases. The wealthy part of society are scarcely pressed upon by the evils, and they love ease too well to trouble themselves with fighting the battles of the public. Those who are engaged in trade are too much occupied to spare time; and, if they were not, they neither in general know how to proceed, nor have they any fund at their disposal, from which to draw the necessary money for expenditure.

It sometimes happens, that an individual, from a real public spirit, or from a particular humour or disposition, or, perhaps, because he has been severely oppressed, musters sufficient courage to undertake the redress of some particular grievance; but, unless he is very fortunate, and possesses both money and abilities, it is generally the ruin of his peace, if not of his fortune. He finds himself at once beset with a host of enemies, who throw every embarra.s.sment in his way: his friends [end of page #123] may admire and pity, but they very seldom lend him any a.s.sistance. If some progress is made in redressing the grievance, it is generally attended with such consequences to the individual, as to deter others from undertaking a similar cause. Thus the incorporated body becomes safe, and goes on with its encroachments with impunity.

Much more may be said upon this subject; but, as it is rather one of which the operation is regulated by particular circ.u.mstances, than by general rules, the object being to apply the result of the inquiry to England, we shall leave it till we come to the application of it to that country, only observing, that the church, the army, and the law, are the three bodies universally and princ.i.p.ally to be looked to as dangerous; and each of them according to the situation and the form of government of the respective countries, though, in England, the church has less means than in any country in Europe of extending its revenues or power, the law and corporate bodies the most; and, under arbitrary governments, the church and the military have the most, and the law and corporate bodies little or none. [end of page #124]

CHAP. V.

_Of the internal Causes of Decline, arising from the unequal Division of Property, and its Acc.u.mulation in the Hands of particular Persons.-- Its Effects on the Employment of Capital_.

In every country, the wealth that is in it has a natural tendency to acc.u.mulate in the hands of certain individuals, whether the laws of the society do or do not favour that acc.u.mulation. Although it has been observed in a former chapter that wealth follows industry, and flies from the son of the affluent citizen to the poor country boy, yet that is only the case with wealth, the possessor of which requires industry to keep it; for, where wealth has been obtained, so as to be in the form of land or money at interest, this is no longer the case. {100}

In America, and in countries that are new, or in those of which the inhabitants have been sufficiently hardy, and rash to overturn every ancient inst.i.tution, precautions have been taken against the acc.u.mulation of too much wealth in the hands of one person, or at least to discourage and counteract it; but, in old nations, where we do not chuse =sic= to run such risks, the case is different. The natural vanity of raising a family, the means that a rich man has to acc.u.mulate, the natural chance of wealth acc.u.mulating by marriages, and many other circ.u.mstances, operate in favour of all those rich men, who are freed from risk, and independent of industry. In some cases, extravagance dissipates wealth, but the laws favour acc.u.mulation of landed property, and counteract extravagance; the advantages are in favour of all the wealthy in general, and the consequence is, that from the first origin of any particular order of things, till some convulsion takes place, the division of property becomes more and more unequal.

Far from counteracting this by the laws of the land, in all those

{100} Amongst the Romans, in early times, property in land was by law to be equally divided; but that absurd law was never strictly attended to, and when the country became wealthy was totally set aside.

[end of page #125]

countries, the governments of which took strength during this feudal system, there are regulations leading greatly to accelerate the progress.

The law of primogeniture has this effect; and the law of entails, both immoral and impolitic in its operation, has a still greater tendency.

These laws only extend to agricultural property; but commerce, which at first tends to disseminate wealth, in the end, has the same effect of acc.u.mulating it in private hands.

Industry, art, and intelligence, are, in the early ages, the spring of commerce; but, as machinery and capital become necessary, a set of persons rise up who engross all the great profits, and ama.s.s immense fortunes. {101}

The consequence of great fortunes, and the unequal division of property, are, that the lower ranks, though expensively maintained, become degraded, disorderly, and uncomfortable, while the middling cla.s.ses disappear by degrees. Discontent pervades the great ma.s.s of the people, and the supporters of the government, though powerful, are too few in number, and too inefficient in character to preserve it from ruin.

The proprietors of land or money should never be so far raised above the ordinary cla.s.s of the people as to be totally ignorant of their manner of feeling and existing, or to lose sight of the connection between industry and prosperity; for, whenever they do, the industrious are oppressed, and wealth vanishes. {102}

It requires not much knowledge, and little love of justice, to see that there must be gradations in society, which, instead of diminis.h.i.+ng, increase the general happiness of mankind; but when we

{101} Invention has nearly the same effect in commerce that the introduction of gunpowder and artillery have on the art of war. Wealth is rendered more necessary to carry them on. Every new improvement that is made, in either the personal strength and energy of man becomes of less importance.

{102} Some of the greatest proprietors in this kingdom, much to their honour, are the most exemplary men in it, with respect to their conduct to their tenantry; but though the instances are honourable and splendid, they are not general; nor is it in the nature of things that they can be general. In France, matters were in general different; and the inattention of the n.o.bility to their duty was one cause of the revolution; they had forgot, that, if they neglected or oppressed the industrious, they must ruin themselves.

[end of page #126]

find that the chance of being born half an hour sooner or later makes one man the proprietor of 50,000 acres and another little better than a beggar; when we consider that, by means of industry, he never may be able to purchase a garden to grow cabbages for his family, it loosens our attachment to the order of things we see before us, it hurts our ideas of moral equity. A man of reflection wishes the evil to be silently counteracted, and if he is violent, and has any disposition to try a change, it furnishes him with arguments and abettors.

When the Romans (with whose history we are tolerably well acquainted) {103} grew rich, the division of property became very unequal, and the attachment of the people for their government declined, the middle cla.s.ses lost their importance, and the lower orders of free citizens became a mere rabble. When Rome was poor, the people did not cry for bread, but when the brick buildings were turned into marble palaces, when a lamprey was sold for fifty-six pounds, {104} the people became a degraded populace, not much better, or less disorderly than the Lazzeroni of Naples. A donation of corn was a bribe to a Roman citizen; {105} though there is not, perhaps, an order of peasantry in the most remote corner of Europe, who would consider such a donation in ordinary times as an object either worthy of clamour or deserving of thanks. {106}

The Romans, at the time when Cincinatus held the plough, and the conquerors of nations roasted their own turnips, would have thought themselves degraded by eating bread obtained by such means; but it was different with the Romans after they had conquered the world.

In a more recent example, we may trace a similar effect, arising from a cause not very different.

{103} We know better about the laws and manners of the Romans 2000 years ago, in the time of the first Punic War, than about those of England, in the time of Henry the Fourth. They had fixed laws, their state was young, and the division of property tolerably equal.

{104} See Arbuthnot on Coins.

{105} Do not the soup-shops of late invention, and certainly well intended, bear some resemblance to these days of Roman wretchedness and magnificence.

{106} It is to be observed, these donations were not on account of scarcity, but to save the people from the trouble of working to earn the corn; they were become idle in body and degraded in mind.

[end of page #127]

The unequal division of property in France was one of the chief causes of the revolution; the intention of which was, to overturn the then existing order of things. The ignorance of the great proprietors concerning of their true interests, and the smallness of their numbers, disabled them from protecting themselves. The middle orders were discontented, and wished for a change; and the lower orders were so degraded, that, at the first signal, they became as mutinous and as mean as the Plebians at Rome, in the days of its splendor. {107}

That this was not alone owing to the unequal division of property is certain, there were other causes, but that was a princ.i.p.al one. As a proof that this was so in England, where property is more equally divided than it was in France, the common people are more attached to government, and of a different spirit, though they are changing since the late great influx of wealth into this country, and since difficulties which have acc.u.mulated on the heads of the middle orders, while those who have large fortunes feel a greater facility of augmenting them than at any former period.

In those parts of this country, where wealth has made the least progress, the character of the people supports itself the best amongst the lower cla.s.ses; and the inverse progress of that character, and of the acquisition of wealth, is sufficiently striking to be noticed by one who is neither a very near, nor a very nice observer.

Discontent and envy rise arise from comparison; and, where they become prevalent, society can never stand long. They are enemies to fair industry.

Whatever may have been the delusive theories into which ill- intentioned, designing, and subtile men have sometimes deluded the great ma.s.s of the people, they have never been successful, except when they could fight under the appearance of justice, and thereby create discontent. The unequal division of property has frequently served them in this case.

{107} The Parisian populace were the instruments in the hand of those who destroyed the former government, as the regular army is in the hands of him who has erected that which now exists.

[end of page #128]

[Transcriber's note: possible omissis--page 128 ends as above, page 129 starts as next follows...]

while it increased the ignorance, and diminished the number of the enemies they had to encounter.

As this evil has arisen to a greater height in countries which have had less wealth in the aggregate than England, it is not the most dangerous thing we have to encounter; but, as the tendency to it increases very rapidly of late years, we must, by no means, overlook it. A future Chapter will be dedicated to the purpose of inquiring how this may be counteracted in some cases, in others modified and disguised, so as to prevent, in some degree, the evil effects that naturally arise from it.

Of all the ways in which property acc.u.mulates, in particular hands, the most dangerous is landed property; not only on account of entails, and the law of primogeniture, (which attach to land alone,) but because it is the property the most easily retained, the least liable to be alienated, and the only one that augments in value in a state that is growing rich.

An estate in land augments in value, without augmenting in extent, when a country becomes richer. A fortune, lent at interest, diminishes, as the value of money sinks. A fortune engaged in trade is liable to risks, and requires industry to preserve it: but industry, it has been observed, never is to be found for any great length of time in any single line of men; consequently, there are few great monied men, except such as have acquired their own fortunes, and those can never be very numerous nor overgrown.

Please click Like and leave more comments to support and keep us alive.

RECENTLY UPDATED MANGA

An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations Part 21 summary

You're reading An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. This manga has been translated by Updating. Author(s): William Playfair. Already has 574 views.

It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.

BestLightNovel.com is a most smartest website for reading manga online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to BestLightNovel.com