FREE BOOKS

Author's List




PREV.   NEXT  
|<   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43  
44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   >>   >|  
that the worst of these natural machines gives the price for the whole; whereas, in a conflict between human machines, all the products of the worse would be beaten out of the field by those of the better. It is in dependency upon this law that all those innumerable proposals for cultivating waste-lands, as in the Scottish Highlands, in the Irish bogs, &c., are radically vicious; and, instead of creating plenty, would by their very success impoverish us. For suppose these lands, which inevitably must have been the lowest in the scale (or else why so long neglected?) to be brought into tillage--what follows? Inevitably this: that their products enter the market as the very lowest on the graduated tariff--_i. e._, as lower than any already cultured. And these it is--namely, the very lowest by the supposition--that must give the price for the whole; so that _every_ number on the scale will rise at once to the level fixed by these lowest soils, so ruinously (though benevolently) taken up into active and efficient life. If you add 20,000 quarters of wheat to the amount already in the market, you _seem_ to have done a service; but, if these 20,000 have been gained at an extra cost of half-a-crown on each quarter, and if these it is that, being from the poorest machines, rule the price, then you have added half-a-crown to every quarter previously in the market. Meantime, returning to China, it is important to draw attention upon this point. A new demand for any product of land may happen to be not very large, and thus may seem not much to affect the markets, or the interests of those who produce it. But, since the rent doctrine has been developed, it has become clear that a new demand may affect the producers in two separate modes: first, in the ordinary known mode; secondly, by happening to call into activity a lower quality of soil. A very moderate demand, nay, a very small one, added to that previously existing, if it happens not to fall within the powers of those numbers already in culture (as, suppose, 1, 2, 3, 4), must necessarily call out No. 5; and so on. Now, our case, as regards Chinese land in the tea districts, is far beyond this. Not only has it been large enough to benefit the landholder enormously, by calling out lower qualities of land, which process again has stimulated the counteracting agencies in the more careful and scientific culture of the plant; but also it has been in a positive sense enormous. It mi
PREV.   NEXT  
|<   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43  
44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   >>   >|  



Top keywords:

lowest

 

market

 
machines
 

demand

 
previously
 

affect

 

culture

 

quarter

 

suppose

 

products


ordinary

 

producers

 

separate

 

quality

 

moderate

 

activity

 

happening

 

natural

 

developed

 

markets


conflict

 

happen

 

product

 

interests

 
existing
 
doctrine
 

produce

 

qualities

 

process

 

stimulated


calling

 

enormously

 

benefit

 

landholder

 
counteracting
 
agencies
 

positive

 

enormous

 

careful

 
scientific

necessarily
 

powers

 
numbers
 
districts
 
Chinese
 
attention
 

Highlands

 

Scottish

 

graduated

 
tariff