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or at a price much below the value of the natural produce… a

thing impossible in Europe; or; indeed; in any country where all

lands have long been private property。 If landed estates;

however; were divided equally among all the children upon the

death of any proprietor who left a numerous family; the estate

would generally be sold。 So much land would come to market that

it could no longer sell at a monopoly price。 The free rent of the

land would go nearer to pay the interest of the purchase…money;

and a small capital might be employed in purchasing land as

profitably as in any other way。

     England; on account of the natural fertility of the soil; of

the great extent of the sea…coast in proportion to that of the

whole country; and of the many navigable rivers which run through

it and afford the conveniency of water carriage to some of the

most inland parts of it; is perhaps as well fitted by nature as

any large country in Europe to be the seat of foreign commerce;

of manufactures for distant sale; and of all the improvements

which these can occasion。 From the beginning of the reign of

Elizabeth too; the English legislature has been peculiarly

attentive to the interests of commerce and manufactures; and in

reality there is no country in Europe; Holland itself not

excepted; of which the law is; upon the whole; more favourable to

this sort of industry。 Commerce and manufactures have accordingly

been continually advancing during all this period。 The

cultivation and improvement of the country has; no doubt; been

gradually advancing too; but it seems to have followed slowly;

and at a distance; the more rapid progress of commerce and

manufactures。 The greater part of the country must probably have

been cultivated before the reign of Elizabeth; and a very great

part of it still remains uncultivated; and the cultivation of the

far greater part much inferior to what it might be。 The law of

England; however; favours agriculture not only indirectly by the

protection of commerce; but by several direct encouragements。

Except in times of scarcity; the exportation of corn is not only

free; but encouraged by a bounty。 In times of moderate plenty;

the importation of foreign corn is loaded with duties that amount

to a prohibition。 The importation of live cattle; except from

Ireland; is prohibited at all times; and it is but of late that

it was permitted from thence。 Those who cultivate the land;

therefore; have a monopoly against their countrymen for the two

greatest and most important articles of land produce; bread and

butcher's meat。 These encouragements; though at bottom; perhaps;

as I shall endeavour to show hereafter; altogether illusory;

sufficiently demonstrate at least the good intention of the

legislature to favour agriculture。 But what is of much more

importance than all of them; the yeomanry of England are rendered

as secure; as independent; and as respectable as law can make

them。 No country; therefore; in which the right of primogeniture

takes place; which pays tithes; and where perpetuities; though

contrary to the spirit of the law; are admitted in some cases;

can give more encouragement to agriculture than England。 Such;

however; notwithstanding; is the state of its cultivation。 What

would it have been had the law given no direct encouragement to

agriculture besides what arises indirectly from the progress of

commerce; and had left the yeomanry in the same condition as in

most other countries of Europe? It is now more than two hundred

years since the beginning of the reign of Elizabeth; a period as

long as the course of human prosperity usually endures。

     France seems to have had a considerable share of foreign

commerce near a century before England was distinguished as a

commercial country。 The marine of France was considerable;

according to the notions of the times; before the expedition of

Charles VIII to Naples。 The cultivation and improvement of

France; however; is; upon the whole; inferior to that of England。

The law of the country has never given the same direct

encouragement to agriculture。

     The foreign commerce of Spain and Portugal to the other

parts of Europe; though chiefly carried on in foreign ships; is

very considerable。 That to their colonies is carried on in their

own; and is much greater; on account of the great riches and

extent of those colonies。 But it has never introduced any

considerable manufactures for distant sale into either of those

countries; and the greater part of both still remains

uncultivated。 The foreign commerce of Portugal is of older

standing than that of any great country in Europe; except Italy。

     Italy is the only great country of Europe which seems to

have been cultivated and improved in every part by means of

foreign commerce and manufactures for distant sale。 Before the

invasion of Charles VIII; Italy according to Guicciardin; was

cultivated not less in the most mountainous and barren parts of

the country than in the plainest and most fertile。 The

advantageous situation of the country; and the great number of

independent states which at that time subsisted in it; probably

contributed not a little to this general cultivation。 It is not

impossible too; notwithstanding this general expression of one of

the most judicious and reserved of modern historians; that Italy

was not at that time better cultivated than England is at

present。

     The capital; however; that is acquired to any country by

commerce and manufactures is all a very precarious and uncertain

possession till some part of it has been secured and realized in

the cultivation and improvement of its lands。 A merchant; it has

been said very properly; is not necessarily the citizen of any

particular country。 It is in a great measure indifferent to him

from what place he carries on his trade; and a very trifling

disgust will make him remove his capital; and together with it

all the industry which it supports; from one country to another。

No part of it can be said to belong to any particular country;

till it has been spread as it were over the face of that country;

either in buildings or in the lasting improvement of lands。 No

vestige now remains of the great wealth said to have been

possessed by the greater part of the Hans towns except in the

obscure histories of the thirteenth and fourteenth centuries。 It

is even uncertain where some of them were situated or to what

towns in Europe the Latin names given to some of them belong。 But

though the misfortunes of Italy in the end of the fifteenth and

beginning of the sixteenth centuries greatly diminished the

commerce and manufactures of the cities of Lombardy and Tuscany;

those countries still continue to be among the most populous and

best cultivated in Europe。 The civil wars of Flanders; and the

Spanish government which succeeded them; chased away the great

commerce of Antwerp; Ghent; and Bruges。 But Flanders still

continues to be one of the richest; best cultivated; and most

populous provinces of Europe。 The ordinary revolutions of war and

government easily dry up the sources of that wealth which arises

from commerce only。 That which arises from the more solid

improvements of agriculture is much more durable and cannot be

destroyed but by those more violent convulsions occasioned by the

depredations of hostile and barbarous nations continued for a

century or two together; such as those that happened for some

time before and after the fall of the Roman empire in the western

provinces of Europe。



 

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