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of¡¡their¡¡business¡¡and¡¡abundant¡¡means¡¡to¡¡sell¡¡on¡¡credit¡¡for¡¡years¡¡to



come¡¡in¡¡the¡¡future£»¡¡if¡¡it¡¡is¡¡required¡¡to¡¡acquire¡¡the¡¡control¡¡of¡¡a



foreign¡¡market¡£¡¡If¡¡we¡¡enumerate¡¡and¡¡consider¡¡these¡¡advantages¡¡one



after¡¡another£»¡¡we¡¡may¡¡easily¡¡be¡¡convinced¡¡that¡¡in¡¡competition¡¡with



such¡¡a¡¡power¡¡it¡¡is¡¡simply¡¡foolish¡¡to¡¡rest¡¡our¡¡hopes¡¡on¡¡the



operation¡¡of¡¡'the¡¡natural¡¡course¡¡of¡¡things'¡¡under¡¡free¡¡competition£»



where£»¡¡as¡¡in¡¡our¡¡case£»¡¡workmen¡¡and¡¡technical¡¡men¡¡have¡¡in¡¡the¡¡first



place¡¡yet¡¡to¡¡be¡¡trained£»¡¡where¡¡the¡¡manufacture¡¡of¡¡machinery¡¡and



proper¡¡means¡¡of¡¡transport¡¡are¡¡merely¡¡in¡¡course¡¡of¡¡erection£»¡¡where



even¡¡the¡¡home¡¡market¡¡is¡¡not¡¡secured¡¡to¡¡the¡¡manufacturer¡¡¡¡not¡¡to



mention¡¡any¡¡important¡¡export¡¡market£»¡¡where¡¡the¡¡credit¡¡that¡¡the



manufacturer¡¡can¡¡obtain¡¡is¡¡under¡¡the¡¡most¡¡fortunate¡¡circumstances



limited¡¡to¡¡the¡¡lowest¡¡point£»¡¡where¡¡no¡¡man¡¡can¡¡be¡¡certain¡¡even¡¡for



a¡¡day¡¡that£»¡¡in¡¡consequence¡¡of¡¡English¡¡commercial¡¡crises¡¡and¡¡bank



operations£»¡¡masses¡¡of¡¡foreign¡¡goods¡¡may¡¡not¡¡be¡¡thrown¡¡on¡¡the¡¡home



market¡¡at¡¡prices¡¡which¡¡scarcely¡¡recoup¡¡the¡¡value¡¡of¡¡the¡¡raw



materials¡¡of¡¡which¡¡they¡¡are¡¡made£»¡¡and¡¡which¡¡bring¡¡to¡¡a¡¡stand¡¡for



years¡¡the¡¡progress¡¡of¡¡our¡¡own¡¡manufacturing¡¡industries¡£



¡¡¡¡¡¡¡¡It¡¡would¡¡be¡¡in¡¡vain¡¡for¡¡such¡¡nations¡¡to¡¡resign¡¡themselves¡¡to¡¡a



state¡¡of¡¡perpetual¡¡subordination¡¡to¡¡the¡¡English¡¡manufacturing



supremacy£»¡¡and¡¡content¡¡themselves¡¡with¡¡the¡¡modest¡¡determination¡¡to



supply¡¡it¡¡with¡¡what¡¡it¡¡may¡¡not¡¡be¡¡able¡¡to¡¡produce¡¡for¡¡itself¡¡or¡¡to



procure¡¡elsewhere¡£¡¡Even¡¡by¡¡this¡¡subordination¡¡they¡¡will¡¡find¡¡no



permanent¡¡benefit¡£¡¡What¡¡benefit¡¡is¡¡it¡¡to¡¡the¡¡people¡¡of¡¡the¡¡United



States£»¡¡for¡¡instance£»¡¡that¡¡they¡¡sacrifice¡¡the¡¡welfare¡¡of¡¡their



finest¡¡and¡¡most¡¡cultivated¡¡states£»¡¡the¡¡states¡¡of¡¡free¡¡labour£»¡¡and



perhaps¡¡their¡¡entire¡¡future¡¡national¡¡greatness£»¡¡for¡¡the¡¡advantage



of¡¡supplying¡¡England¡¡with¡¡raw¡¡cotton£¿¡¡Do¡¡they¡¡thereby¡¡restrict¡¡the



endeavours¡¡of¡¡England¡¡to¡¡procure¡¡this¡¡material¡¡from¡¡other¡¡districts



of¡¡the¡¡world£¿¡¡In¡¡vain¡¡would¡¡the¡¡Germans¡¡be¡¡content¡¡to¡¡obtain¡¡their



requirements¡¡of¡¡manufactured¡¡goods¡¡from¡¡England¡¡in¡¡exchange¡¡for



their¡¡fine¡¡sheep's¡¡wool£»¡¡they¡¡would¡¡by¡¡such¡¡a¡¡policy¡¡hardly¡¡prevent



Australia¡¡from¡¡flooding¡¡all¡¡Europe¡¡with¡¡fine¡¡wool¡¡in¡¡the¡¡course¡¡of



the¡¡next¡¡twenty¡¡years¡£



¡¡¡¡¡¡¡¡Such¡¡a¡¡condition¡¡of¡¡dependence¡¡appears¡¡still¡¡more¡¡deplorable



when¡¡we¡¡consider¡¡that¡¡such¡¡nations¡¡lose¡¡in¡¡times¡¡of¡¡war¡¡their¡¡means



of¡¡selling¡¡their¡¡agricultural¡¡products£»¡¡and¡¡thereby¡¡the¡¡means¡¡of



purchasing¡¡the¡¡manufacturing¡¡products¡¡of¡¡the¡¡foreigner¡£¡¡At¡¡such



times¡¡all¡¡economical¡¡considerations¡¡and¡¡systems¡¡are¡¡thrust¡¡into¡¡the



background¡£¡¡It¡¡is¡¡the¡¡principle¡¡of¡¡self¡­maintenance£»¡¡of



self¡­defence£»¡¡which¡¡counsels¡¡the¡¡nations¡¡to¡¡work¡¡up¡¡their



agricultural¡¡products¡¡themselves£»¡¡and¡¡to¡¡dispense¡¡with¡¡the



manufactured¡¡goods¡¡of¡¡the¡¡enemy¡£¡¡Whatever¡¡losses¡¡may¡¡be¡¡involved¡¡in



adopting¡¡such¡¡a¡¡war¡­prohibitive¡¡system£»¡¡cannot¡¡be¡¡taken¡¡into



account¡¡during¡¡such¡¡a¡¡state¡¡of¡¡things¡£¡¡However¡¡great¡¡the¡¡exertions



and¡¡the¡¡sacrifices¡¡may¡¡have¡¡been¡¡by¡¡which¡¡the¡¡agricultural¡¡nation



during¡¡the¡¡time¡¡of¡¡war¡¡has¡¡called¡¡into¡¡existence¡¡manufactures¡¡and



works£»¡¡the¡¡competition¡¡of¡¡the¡¡manufacturing¡¡supremacy¡¡which¡¡sets¡¡in



on¡¡the¡¡recurrence¡¡of¡¡peace¡¡will¡¡again¡¡destroy¡¡all¡¡these¡¡creations



of¡¡the¡¡times¡¡of¡¡necessity¡£¡¡In¡¡short£»¡¡it¡¡is¡¡an¡¡eternal¡¡alternation



of¡¡erecting¡¡and¡¡destroying£»¡¡of¡¡prosperity¡¡and¡¡calamity¡¡which¡¡those



nations¡¡have¡¡to¡¡undergo¡¡who¡¡do¡¡not¡¡strive¡¡to¡¡insure£»¡¡through



realisation¡¡of¡¡their¡¡national¡¡division¡¡of¡¡labour¡¡and¡¡through¡¡the



confederation¡¡of¡¡their¡¡own¡¡powers¡¡of¡¡production£»¡¡the¡¡benefits¡¡of



the¡¡continuation¡¡of¡¡their¡¡own¡¡industries¡¡from¡¡generation¡¡to



generation¡£







Chapter¡¡25







The¡¡Manufacturing¡¡Power¡¡and¡¡the¡¡Inducement¡¡to¡¡Production¡¡and



Consumption







¡¡¡¡¡¡¡¡In¡¡society¡¡man¡¡is¡¡not¡¡merely¡¡productive¡¡owing¡¡to¡¡the



circumstance¡¡that¡¡he¡¡directly¡¡brings¡¡forth¡¡products¡¡or¡¡creates



powers¡¡of¡¡production£»¡¡but¡¡he¡¡also¡¡becomes¡¡productive¡¡by¡¡creating



inducements¡¡to¡¡production¡¡and¡¡to¡¡consumption£»¡¡or¡¡to¡¡the¡¡formation



of¡¡productive¡¡powers¡£



¡¡¡¡¡¡¡¡The¡¡artist¡¡by¡¡his¡¡works¡¡acts¡¡in¡¡the¡¡first¡¡place¡¡on¡¡the



ennobling¡¡and¡¡refinement¡¡of¡¡the¡¡human¡¡spirit¡¡and¡¡on¡¡the¡¡productive



power¡¡of¡¡society£»¡¡but¡¡inasmuch¡¡as¡¡the¡¡enjoyment¡¡of¡¡art¡¡presupposes



the¡¡possession¡¡of¡¡those¡¡material¡¡means¡¡whereby¡¡it¡¡must¡¡be



purchased£»¡¡the¡¡artist¡¡also¡¡offers¡¡inducements¡¡to¡¡material



production¡¡and¡¡to¡¡thrift¡£



¡¡¡¡¡¡¡¡Books¡¡and¡¡newspapers¡¡act¡¡on¡¡the¡¡mental¡¡and¡¡material¡¡production



by¡¡giving¡¡information£»¡¡but¡¡their¡¡acquisition¡¡costs¡¡money£»¡¡and¡¡so



far¡¡the¡¡enjoyment¡¡which¡¡they¡¡afford¡¡is¡¡also¡¡an¡¡inducement¡¡to



material¡¡production¡£



¡¡¡¡¡¡¡¡The¡¡education¡¡of¡¡youth¡¡ennobles¡¡society£»¡¡but¡¡what¡¡great



exertions¡¡do¡¡parents¡¡make¡¡to¡¡obtain¡¡the¡¡means¡¡of¡¡giving¡¡their



children¡¡a¡¡good¡¡education£¡



¡¡¡¡¡¡¡¡What¡¡immense¡¡performances¡¡in¡¡both¡¡mental¡¡and¡¡material



production¡¡arise¡¡out¡¡of¡¡the¡¡endeavour¡¡to¡¡move¡¡in¡¡better¡¡society£¡



¡¡¡¡¡¡¡¡We¡¡can¡¡live¡¡as¡¡well¡¡in¡¡a¡¡house¡¡made¡¡of¡¡boards¡¡as¡¡in¡¡a¡¡villa£»¡¡we



can¡¡protect¡¡ourselves¡¡for¡¡a¡¡few¡¡florins¡¡against¡¡rain¡¡and¡¡cold¡¡as



well¡¡as¡¡by¡¡means¡¡of¡¡the¡¡finest¡¡and¡¡most¡¡elegant¡¡clothing¡£¡¡Ornaments



and¡¡utensils¡¡of¡¡gold¡¡and¡¡silver¡¡add¡¡no¡¡more¡¡to¡¡comfort¡¡than¡¡those



of¡¡iron¡¡and¡¡tin£»¡¡but¡¡the¡¡distinction¡¡connected¡¡with¡¡the¡¡possession



of¡¡the¡¡former¡¡acts¡¡as¡¡an¡¡inducement¡¡to¡¡exertions¡¡of¡¡the¡¡body¡¡and



the¡¡mind£»¡¡and¡¡to¡¡order¡¡and¡¡thrift£»¡¡and¡¡to¡¡such¡¡inducements¡¡society



owes¡¡a¡¡large¡¡part¡¡of¡¡its¡¡productiveness¡£¡¡Even¡¡the¡¡man¡¡living¡¡on¡¡his



private¡¡property¡¡who¡¡merely¡¡occupies¡¡himself¡¡with¡¡preserving£»



increasing£»¡¡and¡¡consuming¡¡his¡¡income£»¡¡acts¡¡in¡¡manifold¡¡ways¡¡on



mental¡¡and¡¡material¡¡production¡¡£º¡¡firstly£»¡¡by¡¡supporting¡¡through¡¡his



consumption¡¡art¡¡and¡¡science£»¡¡and¡¡artistic¡¡trades£»¡¡next£»¡¡by



discharging£»¡¡as¡¡it¡¡were£»¡¡the¡¡function¡¡of¡¡a¡¡preserver¡¡and¡¡augmenter



of¡¡the¡¡material¡¡capital¡¡of¡¡society£»¡¡finally£»¡¡by¡¡inciting¡¡through



his¡¡display¡¡all¡¡other¡¡classes¡¡of¡¡society¡¡to¡¡emulation¡£¡¡As¡¡a¡¡whole



school¡¡is¡¡encouraged¡¡to¡¡exertions¡¡by¡¡the¡¡offer¡¡of¡¡prizes£»¡¡although



only¡¡a¡¡few¡¡become¡¡winners¡¡of¡¡the¡¡principal¡¡prizes£»¡¡so¡¡does¡¡the



possession¡¡of¡¡large¡¡property£»¡¡and¡¡the¡¡appearance¡¡and¡¡display



connected¡¡with¡¡it£»¡¡act¡¡on¡¡civil¡¡society¡£¡¡This¡¡action¡¡of¡¡course



ceases¡¡when¡¡the¡¡great¡¡property¡¡is¡¡the¡¡fruit¡¡of¡¡usurpation£»¡¡of



extortion£»¡¡or¡¡fraud£»¡¡or¡¡where¡¡the¡¡possession¡¡of¡¡it¡¡and¡¡the



enjoyment¡¡of¡¡its¡¡fruits¡¡cannot¡¡be¡¡openly¡¡displayed¡£



¡¡¡¡¡¡¡¡Manufacturing¡¡production¡¡yields¡¡either¡¡productive¡¡instruments



or¡¡the¡¡means¡¡of¡¡satisfying¡¡the¡¡necessities¡¡of¡¡life¡¡and¡¡the¡¡means¡¡of



display¡£¡¡The¡¡last¡¡two¡¡advantages¡¡are¡¡frequently¡¡combined¡£¡¡The



various¡¡ranks¡¡of¡¡society¡¡are¡¡everywhere¡¡distinguished¡¡by¡¡the¡¡manner



in¡¡which¡¡and¡¡where¡¡they¡¡live£»¡¡and¡¡how¡¡they¡¡are¡¡furnished¡¡and



clothed£»¡¡by¡¡the¡¡costliness¡¡of¡¡their¡¡equipages¡¡and¡¡the¡¡quality£»



number£»¡¡and¡¡external¡¡appearance¡¡of¡¡their¡¡servants¡£¡¡Where¡¡the



commercial¡¡production¡¡is¡¡on¡¡a¡¡low¡¡scale£»¡¡this¡¡distinction¡¡is¡¡but



slight£»¡¡i¡£e¡£¡¡almost¡¡all¡¡people¡¡live¡¡badly¡¡and¡¡are¡¡poorly¡¡clothed£»



emulation¡¡is¡¡nowhere¡¡observable¡£¡¡It¡¡originates¡¡and¡¡increases



according¡¡to¡¡the¡¡ratio¡¡in¡¡which¡¡industries¡¡flourish¡£¡¡In¡¡flourishing



manufacturing¡¡countries¡¡almost¡¡everyone¡¡lives¡¡and¡¡dresses¡¡well£»



although¡¡in¡¡the¡¡quality¡¡of¡¡manufactured¡¡goods¡¡which¡¡are¡¡consumed



the¡¡most¡¡manifold¡¡degrees¡¡of¡¡difference¡¡take¡¡place¡£¡¡No¡¡one¡¡who



feels¡¡that¡¡he¡¡has¡¡any¡¡power¡¡in¡¡him¡¡to¡¡work¡¡is¡¡willing¡¡to¡¡appear



outwardly¡¡needy¡£¡¡Manufacturing¡¡industry£»¡¡therefore£»¡¡furthers



production¡¡by¡¡the¡¡community¡¡by¡¡means¡¡of¡¡inducements¡¡which



agriculture£»¡¡with¡¡its¡¡mean¡¡domestic¡¡manufacture£»¡¡its¡¡productions¡¡of



raw¡¡materials¡¡and¡¡provisions£»¡¡cannot¡¡offer¡£



¡¡¡¡¡¡¡¡There¡¡is¡¡of¡¡course¡¡an¡¡important¡¡difference¡¡between¡¡various



modes¡¡of¡¡living£»¡¡and¡¡everyone¡¡feels¡¡some¡¡inducement¡¡to¡¡eat¡¡and



drink¡¡well£»¡¡but¡¡we¡¡do¡¡not¡¡dine¡¡in¡¡public£»¡¡and¡¡a¡¡German¡¡proverb¡¡says



strikingly£»¡¡'Man¡¡sieht¡¡mir¡¡auf¡¡den¡¡Kragen£»¡¡nicht¡¡auf¡¡den¡¡Magen'



£¨One¡¡looks¡¡at¡¡my¡¡shirt¡¡collar£»¡¡not¡¡at¡¡my¡¡stomach£©¡£¡¡If¡¡we¡¡are



accustomed¡¡from¡¡youth¡¡to¡¡rough¡¡and¡¡simple¡¡fare£»¡¡we¡¡seldom¡¡wish¡¡for



better¡£¡¡The¡¡consumption¡¡of¡¡provisions¡¡also¡¡is¡¡restricted¡¡to¡¡very



narrow¡¡limits¡¡where¡¡it¡¡is¡¡confined¡¡to¡¡articles¡¡produced¡¡in¡¡the



immediate¡¡neighbourhood¡£¡¡These¡¡limits¡¡are¡¡extended¡¡in¡¡countries¡¡of



temperate¡¡climate£»¡¡in¡¡the¡¡first¡¡instance£»¡¡by¡¡procuring¡¡the¡¡products



of¡¡tropical¡¡climates¡£¡¡But¡¡as¡¡respects¡¡the¡¡quantity¡¡and¡¡the¡¡quality



of¡¡these¡¡products£»¡¡in¡¡the¡¡enjoyment¡¡of¡¡which¡¡the¡¡whole¡¡population



of¡¡a¡¡country¡¡can¡¡participate£»¡¡they¡¡can¡¡only¡¡be¡¡procured¡¡£¨as¡¡we¡¡have



shown¡¡in¡¡a¡¡former¡¡chapter£©¡¡by¡¡means¡¡of¡¡foreign¡¡commerce¡¡in



manufactured¡¡goods¡£



¡¡¡¡¡¡¡¡Colonial¡¡products£»¡¡so¡¡far¡¡as¡¡they¡¡do¡¡not¡¡consist¡¡of¡¡raw



materials¡¡for¡¡manufacturing¡¡purposes£»¡¡evidently¡¡act¡¡more¡¡as



stimulants¡¡than¡¡necessary¡¡means¡¡of¡¡subsistence¡£¡¡No¡¡one¡¡will¡¡deny



that¡¡barley¡¡coffee¡¡without¡¡sugar¡¡is¡¡as¡¡nutritious¡¡as¡¡mocha¡¡coffee



with¡¡sugar£»¡¡and¡¡admitting¡¡also¡¡that¡¡these¡¡products¡¡contain¡¡some



nutritious¡¡matter£»¡¡their¡¡value¡¡in¡¡this¡¡respect¡¡is¡¡nevertheless¡¡so



unimportant¡¡that¡¡they¡¡can¡¡scarcely¡¡be¡¡considered¡¡as¡¡substitutes¡¡for



native¡¡provisions¡£¡¡With¡¡regard¡¡to¡¡spices¡¡and¡¡tobacco£»¡¡they¡¡are



certainly¡¡mere¡¡stimulants£»¡¡i¡£e¡£¡¡they¡¡chiefly¡¡produce¡¡a¡¡useful



effect¡¡on¡¡society¡¡only¡¡so¡¡far¡¡as¡¡they¡¡augment¡¡the¡¡enjoyments¡¡of¡¡the



masses£»¡¡and¡¡incite¡¡them¡¡to¡¡mental¡¡and¡¡bodily¡¡labour¡£



¡¡¡¡¡¡¡¡In¡¡many¡¡countries¡¡very¡¡erroneous¡¡notions¡¡prevail¡¡among¡¡those



who¡¡live¡¡by¡¡salaries¡¡or¡¡rents£»¡¡respecting¡¡what¡¡they¡¡are¡¡accustomed



to¡¡call¡¡the¡¡luxurious¡¡habits¡¡of¡¡the¡¡lower¡¡classes£»¡¡such¡¡persons¡¡are



shocked¡¡to¡¡observe¡¡that¡¡labourers¡¡drink¡¡coffee¡¡with¡¡sugar£»¡¡and



regret¡¡the¡¡times¡¡when¡¡they¡¡were¡¡satisfied¡¡with¡¡gruel£»¡¡they¡¡deplore



that¡¡the¡¡peasant¡¡has¡¡exchanged¡¡his¡¡poor¡¡clothing¡¡of¡¡coarse¡¡homespun



for¡¡woollen¡¡cloth£»¡¡they¡¡express¡¡fears¡¡that¡¡the¡¡maid¡­servant¡¡will



soon¡¡not¡¡be¡¡distinguishable¡¡from¡¡the¡¡lady¡¡of¡¡the¡¡house£»¡¡they¡¡praise



the¡¡legal¡¡restrictions¡¡on¡¡dress¡¡of¡¡previous¡¡centuries¡£¡¡But¡¡if¡¡we



compare¡¡the¡¡result¡¡of¡¡the¡¡labour¡¡of¡¡the¡¡workman¡¡in¡¡countries¡¡where



he¡¡is¡¡clad¡¡and¡¡nourished¡¡like¡¡the¡¡well¡­to¡­do¡¡man¡¡with¡¡the¡¡result¡¡of



his¡¡labour¡¡where¡¡he¡¡has¡¡to¡¡be¡¡satisfied¡¡with¡¡the¡¡coarsest¡¡food¡¡and



clothing£»¡¡we¡¡shall¡¡find¡¡that¡¡the¡¡increase¡¡of¡¡his¡¡comfort¡¡in¡¡the



former¡¡case¡¡has¡¡been¡¡attained¡¡not¡¡at¡¡the¡¡expense¡¡of¡¡the¡¡general



welfare£»¡¡but¡¡to¡¡the¡¡advantage¡¡of¡¡the¡¡productive¡¡powers¡¡of¡¡the



community¡£¡¡The¡¡day's¡¡work¡¡of¡¡the¡¡workman¡¡is¡¡double¡¡or¡¡three¡¡times



greater¡¡in¡¡the¡¡former¡¡case¡¡than¡¡in¡¡the¡¡latter¡£¡¡Attempts¡¡to¡¡regulate



dress¡¡and¡¡restrictions¡¡on¡¡luxury¡¡have¡¡destroyed¡¡wholesome¡¡emulation



in¡¡the¡¡large¡¡masses¡¡of¡¡society£»¡¡and¡¡have¡¡merely¡¡tended¡¡to¡¡

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