wealbk01-第62节
按键盘上方向键 ← 或 → 可快速上下翻页,按键盘上的 Enter 键可回到本书目录页,按键盘上方向键 ↑ 可回到本页顶部!
————未阅读完?加入书签已便下次继续阅读!
with very little: and as they are the materials of many
manufactures; the industry of other countries may occasion a
demand for them; though that of the country which produces them
might not occasion any。
In countries ill cultivated; and therefore but thinly
inhabited; the price of the wool and the hide bears always a much
greater proportion to that of the whole beast than in countries
where; improvement and population being further advanced; there
is more demand for butcher's meat。 Mr。 Hume observes that in the
Saxon times the fleece was estimated at two…fifths of the value
of the whole sheep; and that this was much above the proportion
of its present estimation。 In some provinces of Spain; I have
been assured; the sheep is frequently killed merely for the sake
of the fleece and the tallow。 The carcase is often left to rot
upon the ground; or to be devoured by beasts and birds of prey。
If this sometimes happens even in Spain; it happens almost
constantly in Chili; at Buenos Ayres; and in many other parts of
Spanish America; where the horned cattle are almost constantly
killed merely for the sake of the hide and the tallow。 This; too;
used to happen almost constantly in Hispaniola; while it was
infested by the Buccaneers; and before the settlement;
improvement; and populousness of the French plantations (which
now extend round the coast of almost the whole western half of
the island) had given some value to the cattle of the Spaniards;
who still continue to possess; not only the eastern part of the
coast; but the whole inland and mountainous part of the country。
Though in the progress of improvement and population the
price of the whole beast necessarily rises; yet the price of the
carcase is likely to be much more affected by this rise than that
of the wool and the hide。 The market for the carcase; being in
the rude state of society confined always to the country which
produces it; must necessarily be extended in proportion to the
improvement and population of that country。 But the market for
the wool and the hides even of a barbarous country often
extending to the whole commercial world; it can very seldom be
enlarged in the same proportion。 The state of the whole
commercial world can seldom be much affected by the improvement
of any particular country; and the market for such commodities
may remain the same or very nearly the same after such
improvements as before。 It should; however; in the natural course
of things rather upon the whole be somewhat extended in
consequence of them。 If the manufactures; especially; of which
those commodities are the materials should ever come to flourish
in the country; the market; though it might not be much enlarged;
would at least be brought much nearer to the place of growth than
before; and the price of those materials might at least be
increased by what had usually been the expense of transporting
them to distant countries。 Though it might not rise therefore in
the same proportion as that of butcher's meat; it ought naturally
to rise somewhat; and it ought certainly not to fall。
In England; however; notwithstanding the flourishing state
of its woollen manufacture; the price of English wool has fallen
very considerably since the time of Edward III。 There are many
authentic records which demonstrate that during the reign of that
prince (towards the middle of the fourteenth century; or about
1339) what was reckoned the moderate and reasonable price of the
tod; or twenty…eight pounds of English wool; was not less than
ten shillings of the money of those times; containing at the rate
of twentypence the ounce; six ounces of silver Tower weight;
equal to about thirty shillings of our present money。 In the
present times; one…and…twenty shillings the tod may be reckoned a
good price for very good English wool。 The money…price of wool;
therefore; in the time of Edward III; was to its money…price in
the present times as ten to seven。 The superiority of its real
price was still greater。 At the rate of six shillings and
eightpence the quarter; ten shillings was in those ancient times
the price of twelve bushels of wheat。 At the rate of twenty…eight
shillings the quarter; one…and…twenty shillings is in the present
times the price of six bushels only。 The proportion between the
real prices of ancient and modern times; therefore; is as twelve
to six; or as two to one。 In those ancient times a tod of wool
would have purchased twice the quantity of subsistence which it
will purchase at present; and consequently twice the quantity of
labour; if the real recompense of labour had been the same in
both periods。
This degradation both in the real and nominal value of wool
could never have happened in consequence of the natural course of
things。 It has accordingly been the effect of violence and
artifice: first; of the absolute prohibition of exporting wool
from England; secondly; of the permission of importing it from
Spain duty free; thirdly; of the prohibition of exporting it from
Ireland to any other country but England。 In consequence of these
regulations the market for English wool; instead of being
somewhat extended in consequence of the improvement of England;
has been confined to the home market; where the wool of several
other countries is allowed to come into competition with it; and
where that of Ireland is forced into competition with it。 As the
woollen manufactures; too; of Ireland are fully as much
discouraged as is consistent with justice and fair dealing; the
Irish can work up but a small part of their own wool at home; and
are; therefore; obliged to send a greater proportion of it to
Great Britain; the only market they are allowed。
I have not been able to find any such authentic records
concerning the price of raw hides in ancient times。 Wool was
commonly paid as a subsidy to the king; and its valuation in that
subsidy ascertains; at least in some degree; what was its
ordinary price。 But this seems not to have been the case with raw
hides。 Fleetwood; however; from an account in 1425; between the
prior of Burcester Oxford and one of his canons; gives us their
price; at least as it was stated upon that particular occasion;
viz。; five ox hides at twelve shillings; five cow hides at seven
shillings and threepence; thirty…six sheep skins of two years old
at nine shillings; sixteen calves skins at two shillings。 In
1425; twelve shillings contained about the same quantity of
silver as four…and…twenty shillings of our present money。 An ox
hide; therefore; was in this account valued at the same quantity
of silver as 4s。 four…fifths of our present money。 Its nominal
price was a good deal lower than at present。 But at the rate of
six shillings and eightpence the quarter; twelve shillings would
in those times have purchased fourteen bushels and four…fifths of
a bushel of wheat; which; at three and sixpence the bushel; would
in the present times cost 51s。 4d。 An ox hide; therefore; would
in those times have purchased as much corn as ten shillings and
threepence would purchase at present。 Its real value was equal to
ten shillings and threepence of our present money。 In those
ancient times; when the cattle were half starved during the
greater part of the winter; we cannot suppose that they were of a
very large size。 An ox hide which weighs four stone of sixteen
pounds avoirdupois is not in the present times reckoned a bad
one; and in those ancient times would probably have been reckoned
a very good one。 But at half…a…crown the stone; which at this
moment (February 1773) I understand to be the common price; such
a hide would at present cost only ten shillings。 Though its
nominal price; therefore; is higher in the present than it was in
those ancient times; its real price; the real quantity of
subsistence which it will purchase or command; is rather somewhat
lower。 The price of cow hides; as stated in the above account; is
nearly in the common proportion to that of ox hides。 That of
sheep skins is a good deal above it。 They had probably been sold
with the wool。 That of calves skins; on the contrary; is greatly
below it。 In countries where the price of cattle is very low; the
calves; which are not intended to be reared in order to keep up
the stock; are generally killed very young; as was the case in
Scotland twenty or thirty years ago。 It saves the milk; which
their price would not pay for。 Their skins; therefore; are
commonly good for little。
The price of raw hides is a good deal lower at present than
it was a few years ago; owing probably to the taking off the duty
upon sealskins; and to the allowing; for a limited time; the
importation of raw hides from Ireland and from the plantations
duty free; which was done in 1769。 Take the whole of the present
century at an average; their real price has probably been
somewhat higher than it was in those ancient times。 The nature