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be employed in agriculture for the purpose of supplying the
citizens of those towns with raw material and necessaries of life。
Now; Dr Bowring himself estimates the consumption of the country
population in France at 16 1/2 gallons per head; and that of the
town population at double that quantity; or 33 gallons per head。
Thus in consequence of the diminution of the home manufacturing
power effected by free trade; the internal consumption of wines
would decrease by 50 million gallons; while the exportation of wine
could only increase by 5 or 6 million gallons。 Such a result could
scarcely be to the special advantage of the French proprietors of
vineyards; since the internal demand for wines would necessarily
suffer ten times more than the external demand could possibly gain。
In one word: it is evident as respects the production of wine;
as also in that of meat; of corn; and of raw materials and
provisions generally; that in the case of a great nation well
fitted to establish a manufacturing power of its own; the internal
manufacturing production occasions ten to twenty times more demand
for the agricultural products of temperate climates; consequently
acts ten to twenty times more effectually on the increase of the
rent and exchangeable value of real estate; than the most
flourishing exportation of such products can do。 The most
convincing proof of this may also be seen in the amount of rents
and the exchangeable value of land near large towns; as compared
with their amount and value in distant provinces; even though these
latter are connected with the capital by good roads and
conveniences for commercial intercourse。
The doctrine of rent can either be considered from the point of
view of values or from the point of view of productive powers; it
can further be considered with respect merely to private relations;
namely; the relations between landed proprietor; farmer; and
labourer; or with especial regard to the social and national
relations and conditions。 The school has taken up this doctrine
chiefly from the sole point of view of private economy。 So far as
we know; for instance; nothing has been adduced by it to show how
the consumption of the rents of the nation is the more advantageous
the more it takes place in the proximity of the place whence it is
derived; but how nevertheless in the various States that
consumption takes place principally at the seat of the sovereign
(e。g。 in absolute monarchies mostly in the national metropolis);
far away from the provinces where it is produced; and therefore in
a manner the least advantageous to agriculture; to the most useful
industries; and to the development of the mental powers of the
nation。 Where the landowning aristocracy possess no rights and no
political influence unless they live at the Court; or occupy
offices of State; and where all public power and influence is
centralised in the national metropolis; landowners are attracted to
that central point; where almost exclusively they can find the
means of satisfying their ambition; and opportunities for spending
the income of their landed property in a pleasant manner; and the
more that most landowners get accustomed to live in the capital;
and the less that a residence in the provinces offers to each
individual opportunities for social intercourse and for mental and
material enjoyments of a more refined character; the more will
provincial life repel him and the metropolis attract him。 The
province thereby loses and the metropolis gains almost all those
means of mental improvement which result from the spending of
rents; especially those manufactures and mental producers which
would have been maintained by the rent。 The metropolis under those
circumstances; indeed; appears extremely attractive because it
unites in itself all the talents of the intellectual workers and
the greatest part of the material trades which produce articles of
luxury。 But the provinces are thereby deprived of those mental
powers; of those material means; and especially of those
industries; which chiefly enable the agriculturist to undertake
agricultural improvements; and stimulate him to effect them。
In these circumstances lies to a great extent the reason why in
France; especially under absolute monarchy; alongside of a
metropolis surpassing in intellect and splendour all towns of the
European continent; agriculture made but slight progress; and the
provinces were deficient in mental culture and in useful
industries。 But the more that the landed aristocracy gains in
independence of the Court; and in influence in legislation and
administration; the more that the representative system and the
system of administration grants to the towns and provinces the
right of administering their own local affairs and of taking part
in the legislation and government of the State; and consequently
the more that respect and influence can be attained in the
provinces and by living there; so much the more will the landed
aristocracy; and the educated and well…to…do citizens; be drawn to
those localities from which they derived their rents; the greater
also will be the influence of the expenditure of those rents on the
development of the mental powers and social institutions; on the
promotion of agriculture; and on the development of those
industries which are useful to the great masses of the people in
the province。
The economical conditions of England afford proof of this
observation。 The fact that the English landed proprietor lives for
the greatest portion of the year on his estates; promotes in
manifold ways the improvement of English agriculture: directly;
because the resident landowner devotes a portion of his rent to
undertaking on his own account improvements in agriculture; or to
supporting such improvements when undertaken by his tenants;
indirectly; because his own consumption tends to support the
manufactures and agencies of mental improvement and Civilisation
existing in the neighbourhood。 From these circumstances it can
further partly be explained why in Germany and in Switzerland; in
spite of the want of large towns; of important means of transport;
and of national institutions; agriculture and Civilisation in
general are in a much higher condition than in France。
But the great error into which in this matter Adam Smith and
his school have fallen is that which we have already before
indicated; but which can be here more clearly shown; viz。 that he
did not clearly recognise the influence of manufactures on the
increase of rents; on the market value of landed property itself;
and on the agricultural capital; and did not state this by any
means to its full extent; but; on the contrary; has drawn a
comparison between agriculture and manufactures in such a manner
that he would to a make it appear that agriculture is far more
valuable and important nation than manufactures; and that the
prosperity resulting from it is far more lasting than the
prosperity resulting from the latter。 Adam Smith in so doing merely
sanctioned the erroneous view of the physiocratic school; although
in a somewhat modified manner。 He was evidently misled by the
circumstance that as we have already demonstrated by the
statistical conditions of England the material agricultural
capital is (even in the richest manufacturing country) ten to
twenty times more important than the material manufacturing
capital; in fact; even the annual agricultural productiOn far
exceeds in value the total manufacturing capital。 The same
circumstance may also have induced the physiocratic school to
over…estimate the value of agriculture in comparison with
manufactures。 Superficially considered; it certainly appears as if
agriculture enriches a country ten times more; and consequently
deserves ten times more consideration; and is ten times more
important to the State than manufactures。 This; however; is merely
apparent。 If we investigate the causes of this agricultural
prosperity to their basis; we find them principally in the
existence of manufactures。 It is those 218 millions of
manufacturing capital which have principally called into existence
those 3;311 millions of agricultural capital。 The same
consideration holds good as respects means of transport; it is the
money expended in constructing them which has made those lands
which are within the reach of the canals more valuable。 If the