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affords a net produce; of which the augmentation necessarily

augments the revenue and wealth of their society。 Nations

therefore which; like France or England; consist in a great

measure of proprietors and cultivators can be enriched by

industry and enjoyment。 Nations; on the contrary; which; like

Holland and Hamburg; are composed chiefly of merchants;

artificers; and manufacturers can grow rich only through

parsimony and privation。 As the interest of nations so

differently circumstanced is very different; so is likewise the

common character of the people: in those of the former kind;

liberality; frankness and good fellowship naturally make a part

of that common character: in the latter; narrowness; meanness;

and a selfish disposition; averse to all social pleasure and

enjoyment。

     The unproductive class; that of merchants; artificers; and

manufacturers; is maintained and employed altogether at the

expense of the two other classes; of that of proprietors; and of

that of cultivators。 They furnish it both with the materials of

its work and with the fund of its subsistence; with the corn and

cattle which it consumes while it is employed about that work。

The proprietors and cultivators finally pay both the wages of all

the workmen of the unproductive class; and of the profits of all

their employers。 Those workmen and their employers are properly

the servants of the proprietors and cultivators。 They are only

servants who work without doors; as menial servants work within。

Both the one and the other; however; are equally maintained at

the expense of the same masters。 The labour of both is equally

unproductive。 It adds nothing to the value of the sum total of

the rude produce of the land。 Instead of increasing the value of

that sum total; it is a charge and expense which must be paid out

of it。

     The unproductive class; however; is not only useful; but

greatly useful to the other two classes。 By means of the industry

of merchants; artificers; and manufacturers; the proprietors and

cultivators can purchase both the foreign goods and the

manufactured produce of their own country which they have

occasion for with the produce of a much smaller quantity of their

own labour than what they would be obliged to employ if they were

to attempt; in an awkward and unskilful manner; either to import

the one or to make the other for their own use。 By means of the

unproductive class; the cultivators are delivered from many cares

which would otherwise distract their attention from the

cultivation of land。 The superiority of produce; which; in

consequence of this undivided attention; they are enabled to

raise; is fully sufficient to pay the whole expense which the

maintenance and employment of the unproductive class costs either

the proprietors or themselves。 The industry of merchants;

artificers; and manufacturers; though in its own nature

altogether unproductive; yet contributes in this manner

indirectly to increase the produce of the land。 It increases the

productive powers of productive labour by leaving it at liberty

to confine itself to its proper employment; the cultivation of

land; and the plough goes frequently the easier and the better by

means of the labour of the man whose business is most remote from

the plough。

     It can never be the interest of the proprietors and

cultivators to restrain or to discourage in any respect the

industry of merchants; artificers; and manufacturers。 The greater

the liberty which this unproductive class enjoys; the greater

will be the competition in all the different trades which compose

it; and the cheaper will the other two classes be supplied; both

with foreign goods and with the manufactured produce of their own

country。

     It can never be the interest of the unproductive class to

oppress the other two classes。 It is the surplus produce of the

land; or what remains after deducting the maintenance; first; of

the cultivators; and afterwards of the proprietors; that

maintains and employs the unproductive class。 The greater this

surplus the greater must likewise be the maintenance and

employment of that class。 The establishment of perfect justice;

of perfect liberty; and of perfect equality is the very simple

secret which most effectually secures the highest degree of

prosperity to all the three classes。

     The merchants; artificers; and manufacturers of those

mercantile states which; like Holland and Hamburg; consist

chiefly of this unproductive class; are in the same manner

maintained and employed altogether at the expense of the

proprietors and cultivators of land。 The only difference is; that

those proprietors and cultivators are; the greater part of them;

placed at a most inconvenient distance from the merchants;

artificers; and manufacturers whom they supply with the materials

of their work and the fund of their subsistences… the inhabitants

of other countries and the subjects of other governments。

     Such mercantile states; however; are not only useful; but

greatly useful to the inhabitants of those other countries。 They

fill up; in some measure; a very important void; and supply the

place of the merchants; artificers; and manufacturers whom the

inhabitants of those countries ought to find at home; but whom;

from some defect in their policy; they do not find at home。

     It can never be the interest of those landed nations; if I

may call them so; to discourage or distress the industry of such

mercantile states by imposing high duties upon their trade or

upon the commodities which they furnish。 Such duties; by

rendering those commodities dearer; could serve only to sink the

real value of the surplus produce of their own land; with which;

or; what comes to the same thing; with the price of which those

commodities are purchased。 Such duties could serve only to

discourage the increase of that surplus produce; and consequently

the improvement and cultivation of their own land。 The most

effectual expedient; on the contrary; for raising the value of

that surplus produce; for encouraging its increase; and

consequently the improvement and cultivation of their own land

would be to allow the most perfect freedom to the trade of all

such mercantile nations。

     This perfect freedom of trade would even be the most

effectual expedient for supplying them; in due time; with all the

artificers; manufacturers; and merchants whom they wanted at

home; and for filling up in the properest and most advantageous

manner that very important void which they felt there。

     The continual increase of the surplus produce of their land

would; in due time; create a greater capital than what could be

employed with the ordinary rate of profit in the improvement and

cultivation of land; and the surplus part of it would naturally

turn itself to the employment of artificers and manufacturers at

home。 But those artificers and manufacturers; finding at home

both the materials of their work and the fund of their

subsistence; might immediately even with much less art and skill

be able to work as cheap as the like artificers and manufacturers

of such mercantile states who had both to bring from a great

distance。 Even though; from want of art and skill; they might not

for some time be able to work as cheap; yet; finding a market at

home; they might be able to sell their work there as cheap as

that of the artificers and manufacturers of such mercantile

states; which could not be brought to that market but from so

great a distance; and as their art and skill improved; they would

soon be able to sell it cheaper。 The artificers and manufacturers

of such mercantile states; therefore; would immediately be

rivalled in the market of those landed nations; and soon after

undersold and jostled out of it altogether。 The cheapness of the

manufactures of those landed nations; in consequence of the

gradual improvements of art and skill; would; in due time; extend

their sale beyond the home market; and carry them to many foreign

markets; from which they would in the same manner gradually

jostle out many of the manufacturers of such mercantile nations。

     This continual increase both of the rude and manufactured

produce of those landed nations would in due time create a

greater capital than could; with the ordinary rate of profit; be

employed either in agriculture or in manufactures。 The surplus of

this capital would naturally turn itself to foreign trade; and be

employed in exporting to foreign countries such parts of the rude

and manufactured produce of its own country as exceeded the

demand of the home market。 In the exportation of the produce of

their own country; the merchants of a landed nation would have an

advantage of the same kind over those of mercantile nations which

its artificers and manufacturers had over the artificers and

manufacturers of such nations; the advantage of finding at home

that cargo and those stores and provisions which the others were

obliged to seek for at a distance。 With inferior art and skill in

navigation; therefore; they would be able to sell that cargo as

cheap in foreign markets as the merchants of such mercantile

nations; and with equal art and skill they would be able to sell

it cheaper。 They would soon; therefore; rival those mercantile

nations in this branch of foreign trade; and in due time would

jostle them out of it altogether。

     According to this liberal and generous system; therefore;

the most advantageous method in which a landed nation can raise

up artificers; manufacturers; and merchants of its own is to

grant the most perfect freedom of trade to the artificers;

manufacturers; and merchants of all other nations。 It thereby

raises the value of the surplus produce of its own land; of which

the continual increase gradually establishes a fund; which in due

time necessarily raises up all the artificers; manufacturers; and

merchants whom it has occasion for。

     When a landed nation; on the contrary; oppresses either by

high duties or by prohibitions the trade of foreign nations; it

neces

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