feat(llm): add LLM integration module with OpenRouter and Claude Code adapters
Implements markitect/llm/ package with concrete LLMAdapter implementations:
- OpenRouterAdapter: HTTP via urllib with retry/backoff on 429/5xx
- ClaudeCodeAdapter: subprocess-based Claude CLI with stdin piping
- Factory pattern: create_adapter("openrouter") or create_adapter("claude-code")
- API key resolution chain: constructor > env var > project-root key file
- 42 unit tests, 2 integration tests (gated on API key / CLI availability)
Also adds the infospace-with-history example with Wealth of Nations VSM
analysis pipeline, templates, schemas, source chapters, and processed
output for chapters 1-2. process_chapters.py now supports --provider
and --model flags for automatic LLM-driven processing.
Co-Authored-By: Claude Opus 4.6 <noreply@anthropic.com>
This commit is contained in:
@@ -0,0 +1,767 @@
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---
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id: book-4-chapter-08
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title: "CONCLUSION OF THE MERCANTILE SYSTEM."
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book: "4"
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chapter: 8
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artifact_type: content
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---
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CHAPTER VIII.
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CONCLUSION OF THE MERCANTILE SYSTEM.
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Though the encouragement of exportation, and the discouragement of
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importation, are the two great engines by which the mercantile system
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proposes to enrich every country, yet, with regard to some particular
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commodities, it seems to follow an opposite plan: to discourage
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exportation, and to encourage importation. Its ultimate object, however,
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it pretends, is always the same, to enrich the country by an advantageous
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balance of trade. It discourages the exportation of the materials of
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manufacture, and of the instruments of trade, in order to give our own
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workmen an advantage, and to enable them to undersell those of other
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nations in all foreign markets; and by restraining, in this manner, the
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exportation of a few commodities, of no great price, it proposes to
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occasion a much greater and more valuable exportation of others. It
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encourages the importation of the materials of manufacture, in order that
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our own people may be enabled to work them up more cheaply, and thereby
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prevent a greater and more valuable importation of the manufactured
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commodities. I do not observe, at least in our statute book, any
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encouragement given to the importation of the instruments of trade. When
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manufactures have advanced to a certain pitch of greatness, the
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fabrication of the instruments of trade becomes itself the object of a
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great number of very important manufactures. To give any particular
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encouragement to the importation of such instruments, would interfere too
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much with the interest of those manufactures. Such importation, therefore,
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instead of being encouraged, has frequently been prohibited. Thus the
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importation of wool cards, except from Ireland, or when brought in as
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wreck or prize goods, was prohibited by the 3rd of Edward IV.; which
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prohibition was renewed by the 39th of Elizabeth, and has been continued
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and rendered perpetual by subsequent laws.
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The importation of the materials of manufacture has sometimes been
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encouraged by an exemption from the duties to which other goods are
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subject, and sometimes by bounties.
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The importation of sheep’s wool from several different countries, of
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cotton wool from all countries, of undressed flax, of the greater part of
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dyeing drugs, of the greater part of undressed hides from Ireland, or the
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British colonies, of seal skins from the British Greenland fishery, of pig
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and bar iron from the British colonies, as well as of several other
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materials of manufacture, has been encouraged by an exemption from all
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duties, if properly entered at the custom-house. The private interest of
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our merchants and manufacturers may, perhaps, have extorted from the
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legislature these exemptions, as well as the greater part of our other
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commercial regulations. They are, however, perfectly just and reasonable;
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and if, consistently with the necessities of the state, they could be
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extended to all the other materials of manufacture, the public would
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certainly be a gainer.
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The avidity of our great manufacturers, however, has in some cases
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extended these exemptions a good deal beyond what can justly be considered
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as the rude materials of their work. By the 24th Geo. II. chap. 46, a
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small duty of only 1d. the pound was imposed upon the importation of
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foreign brown linen yarn, instead of much higher duties, to which it had
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been subjected before, viz. of 6d. the pound upon sail yarn, of 1s. the
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pound upon all French and Dutch yarn, and of £2:13:4 upon the hundred
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weight of all spruce or Muscovia yarn. But our manufacturers were not long
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satisfied with this reduction: by the 29th of the same king, chap. 15, the
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same law which gave a bounty upon the exportation of British and Irish
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linen, of which the price did not exceed 18d. the yard, even this small
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duty upon the importation of brown linen yarn was taken away. In the
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different operations, however, which are necessary for the preparation of
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linen yarn, a good deal more industry is employed, than in the subsequent
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operation of preparing linen cloth from linen yarn. To say nothing of the
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industry of the flax-growers and flaxdressers, three or four spinners at
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least are necessary in order to keep one weaver in constant employment;
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and more than four-fifths of the whole quantity of labour necessary for
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the preparation of linen cloth, is employed in that of linen yarn; but our
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spinners are poor people; women commonly scattered about in all different
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parts of the country, without support or protection. It is not by the sale
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of their work, but by that of the complete work of the weavers, that our
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great master manufacturers make their profits. As it is their interest to
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sell the complete manufacture as dear, so it is to buy the materials as
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cheap as possible. By extorting from the legislature bounties upon the
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exportation of their own linen, high duties upon the importation of all
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foreign linen, and a total prohibition of the home consumption of some
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sorts of French linen, they endeavour to sell their own goods as dear as
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possible. By encouraging the importation of foreign linen yarn, and
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thereby bringing it into competition with that which is made by our own
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people, they endeavour to buy the work of the poor spinners as cheap as
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possible. They are as intent to keep down the wages of their own weavers,
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as the earnings of the poor spinners; and it is by no means for the
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benefit of the workmen that they endeavour either to raise the price of
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the complete work, or to lower that of the rude materials. It is the
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industry which is carried on for the benefit of the rich and the powerful,
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that is principally encouraged by our mercantile system. That which is
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carried on for the benefit of the poor and the indigent is too often
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either neglected or oppressed.
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Both the bounty upon the exportation of linen, and the exemption from the
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duty upon the importation of foreign yarn, which were granted only for
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fifteen years, but continued by two different prolongations, expire with
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the end of the session of parliament which shall immediately follow the
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24th of June 1786.
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The encouragement given to the importation of the materials of manufacture
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by bounties, has been principally confined to such as were imported from
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our American plantations.
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The first bounties of this kind were those granted about the beginning of
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the present century, upon the importation of naval stores from America.
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Under this denomination were comprehended timber fit for masts, yards, and
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bowsprits; hemp, tar, pitch, and turpentine. The bounty, however, of £1
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the ton upon masting-timber, and that of £6 the ton upon hemp, were
|
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extended to such as should be imported into England from Scotland. Both
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these bounties continued, without any variation, at the same rate, till
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they were severally allowed to expire; that upon hemp on the 1st of
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January 1741, and that upon masting-timber at the end of the session of
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parliament immediately following the 24th June 1781.
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The bounties upon the importation of tar, pitch, and turpentine,
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underwent, during their continuance, several alterations. Originally, that
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upon tar was £4 the ton; that upon pitch the same; and that upon
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turpentine £3 the ton. The bounty of £4 the ton upon tar was afterwards
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confined to such as had been prepared in a particular manner; that upon
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other good, clean, and merchantable tar was reduced to £2:4s. the ton. The
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bounty upon pitch was likewise reduced to £1, and that upon turpentine to
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£1:10s. the ton.
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The second bounty upon the importation of any of the materials of
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manufacture, according to the order of time, was that granted by the 21st
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Geo. II. chap.30, upon the importation of indigo from the British
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plantations. When the plantation indigo was worth three-fourths of the
|
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price of the best French indigo, it was, by this act, entitled to a bounty
|
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of 6d. the pound. This bounty, which, like most others, was granted only
|
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for a limited time, was continued by several prolongations, but was
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reduced to 4d. the pound. It was allowed to expire with the end of the
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session of parliament which followed the 25th March 1781.
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The third bounty of this kind was that granted (much about the time that
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we were beginning sometimes to court, and sometimes to quarrel with our
|
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American colonies), by the 4th. Geo. III. chap. 26, upon the importation
|
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of hemp, or undressed flax, from the British plantations. This bounty was
|
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granted for twenty-one years, from the 24th June 1764 to the 24th June
|
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1785. For the first seven years, it was to be at the rate of £8 the ton;
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for the second at £6; and for the third at £4. It was not extended to
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Scotland, of which the climate (although hemp is sometimes raised there in
|
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small quantities, and of an inferior quality) is not very fit for that
|
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produce. Such a bounty upon the importation of Scotch flax in England
|
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would have been too great a discouragement to the native produce of the
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southern part of the united kingdom.
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|
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The fourth bounty of this kind was that granted by the 5th Geo. III. chap.
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45, upon the importation of wood from America. It was granted for nine
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years from the 1st January 1766 to the 1st January 1775. During the first
|
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three years, it was to be for every hundred-and-twenty good deals, at the
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rate of £1, and for every load containing fifty cubic feet of other square
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timber, at the rate of 12s. For the second three years, it was for deals,
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to be at the rate of 15s., and for other squared timber at the rate of
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8s.; and for the third three years, it was for deals, to be at the rate of
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10s.; and for every other squared timber at the rate of 5s.
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|
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The fifth bounty of this kind was that granted by the 9th Geo. III. chap.
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38, upon the importation of raw silk from the British plantations. It was
|
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granted for twenty-one years, from the 1st January 1770, to the 1st
|
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January 1791. For the first seven years, it was to be at the rate of £25
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for every hundred pounds value; for the second, at £20; and for the third,
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at £15. The management of the silk-worm, and the preparation of silk,
|
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requires so much hand-labour, and labour is so very dear in America, that
|
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even this great bounty, I have been informed, was not likely to produce
|
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any considerable effect.
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|
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The sixth Bounty of this kind was that granted by 11th Geo. III. chap. 50,
|
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for the importation of pipe, hogshead, and barrelstaves and leading from
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the British plantations. It was granted for nine years, from 1st January
|
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1772 to the 1st January 1781. For the first three years, it was, for a
|
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certain quantity of each, to be at the rate of £6; for the second three
|
||||
years at £4; and for the third three years at £2.
|
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|
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The seventh and last bounty of this kind was that granted by the 19th Geo.
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III chap. 37, upon the importation of hemp from Ireland. It was granted in
|
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the same manner as that for the importation of hemp and undressed flax
|
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from America, for twenty-one years, from the 24th June 1779 to the 24th
|
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June 1800. The term is divided likewise into three periods, of seven years
|
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each; and in each of those periods, the rate of the Irish bounty is the
|
||||
same with that of the American. It does not, however, like the American
|
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bounty, extend to the importation of undressed flax. It would have been
|
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too great a discouragement to the cultivation of that plant in Great
|
||||
Britain. When this last bounty was granted, the British and Irish
|
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legislatures were not in much better humour with one another, than the
|
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British and American had been before. But this boon to Ireland, it is to
|
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be hoped, has been granted under more fortunate auspices than all those to
|
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America. The same commodities, upon which we thus gave bounties, when
|
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imported from America, were subjected to considerable duties when imported
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from any other country. The interest of our American colonies was regarded
|
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as the same with that of the mother country. Their wealth was considered
|
||||
as our wealth. Whatever money was sent out to them, it was said, came all
|
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back to us by the balance of trade, and we could never become a farthing
|
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the poorer by any expense which we could lay out upon them. They were our
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own in every respect, and it was an expense laid out upon the improvement
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of our own property, and for the profitable employment of our own people.
|
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It is unnecessary, I apprehend, at present to say anything further, in
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order to expose the folly of a system which fatal experience has now
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sufficiently exposed. Had our American colonies really been a part of
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Great Britain, those bounties might have been considered as bounties upon
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production, and would still have been liable to all the objections to
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which such bounties are liable, but to no other.
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|
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The exportation of the materials of manufacture is sometimes discouraged
|
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by absolute prohibitions, and sometimes by high duties.
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|
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Our woollen manufacturers have been more successful than any other class
|
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of workmen, in persuading the legislature that the prosperity of the
|
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nation depended upon the success and extension of their particular
|
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business. They have not only obtained a monopoly against the consumers, by
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an absolute prohibition of importing woollen cloths from any foreign
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country; but they have likewise obtained another monopoly against the
|
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sheep farmers and growers of wool, by a similar prohibition of the
|
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exportation of live sheep and wool. The severity of many of the laws which
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have been enacted for the security of the revenue is very justly
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complained of, as imposing heavy penalties upon actions which, antecedent
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||||
to the statutes that declared them to be crimes, had always been
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understood to be innocent. But the cruellest of our revenue laws, I will
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venture to affirm, are mild and gentle, in comparison to some of those
|
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which the clamour of our merchants and manufacturers has extorted from the
|
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legislature, for the support of their own absurd and oppressive
|
||||
monopolies. Like the laws of Draco, these laws may be said to be all
|
||||
written in blood.
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|
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By the 8th of Elizabeth, chap. 3, the exporter of sheep, lambs, or rams,
|
||||
was for the first offence, to forfeit all his goods for ever, to suffer a
|
||||
year’s imprisonment, and then to have his left hand cut off in a market
|
||||
town, upon a market day, to be there nailed up; and for the second
|
||||
offence, to be adjudged a felon, and to suffer death accordingly. To
|
||||
prevent the breed of our sheep from being propagated in foreign countries,
|
||||
seems to have been the object of this law. By the 13th and 14th of Charles
|
||||
II. chap. 18, the exportation of wool was made felony, and the exporter
|
||||
subjected to the same penalties and forfeitures as a felon.
|
||||
|
||||
For the honour of the national humanity, it is to be hoped that neither of
|
||||
these statutes was ever executed. The first of them, however, so far as I
|
||||
know, has never been directly repealed, and serjeant Hawkins seems to
|
||||
consider it as still in force. It may, however, perhaps be considered as
|
||||
virtually repealed by the 12th of Charles II. chap. 32, sect. 3, which,
|
||||
without expressly taking away the penalties imposed by former statutes,
|
||||
imposes a new penalty, viz. that of 20s. for every sheep exported, or
|
||||
attempted to be exported, together with the forfeiture of the sheep, and
|
||||
of the owner’s share of the sheep. The second of them was expressly
|
||||
repealed by the 7th and 8th of William III. chap. 28, sect. 4, by which it
|
||||
is declared that “Whereas the statute of the 13th and 14th of king Charles
|
||||
II. made against the exportation of wool, among other things in the said
|
||||
act mentioned, doth enact the same to be deemed felony, by the severity of
|
||||
which penalty the prosecution of offenders hath not been so effectually
|
||||
put in execution; be it therefore enacted, by the authority aforesaid,
|
||||
that so much of the said act, which relates to the making the said offence
|
||||
felony, be repealed and made void.”
|
||||
|
||||
The penalties, however, which are either imposed by this milder statute,
|
||||
or which, though imposed by former statutes, are not repealed by this one,
|
||||
are still sufficiently severe. Besides the forfeiture of the goods, the
|
||||
exporter incurs the penalty of 3s. for every pound weight of wool, either
|
||||
exported or attempted to be exported, that is, about four or five times
|
||||
the value. Any merchant, or other person convicted of this offence, is
|
||||
disabled from requiring any debt or account belonging to him from any
|
||||
factor or other person. Let his fortune be what it will, whether he is or
|
||||
is not able to pay those heavy penalties, the law means to ruin him
|
||||
completely. But, as the morals of the great body of the people are not yet
|
||||
so corrupt as those of the contrivers of this statute, I have not heard
|
||||
that any advantage has ever been taken of this clause. If the person
|
||||
convicted of this offence is not able to pay the penalties within three
|
||||
months after judgment, he is to be transported for seven years; and if he
|
||||
returns before the expiration of that term, he is liable to the pains of
|
||||
felony, without benefit of clergy. The owner of the ship, knowing this
|
||||
offence, forfeits all his interest in the ship and furniture. The master
|
||||
and mariners, knowing this offence, forfeit all their goods and chattels,
|
||||
and suffer three months imprisonment. By a subsequent statute, the master
|
||||
suffers six months imprisonment.
|
||||
|
||||
In order to prevent exportation, the whole inland commerce of wool is laid
|
||||
under very burdensome and oppressive restrictions. It cannot be packed in
|
||||
any box, barrel, cask, case, chest, or any other package, but only in
|
||||
packs of leather or pack-cloth, on which must be marked on the outside the
|
||||
words WOOL or YARN, in large letters, not less than three inches long, on
|
||||
pain of forfeiting the same and the package, and 8s. for every pound
|
||||
weight, to be paid by the owner or packer. It cannot be loaden on any
|
||||
horse or cart, or carried by land within five miles of the coast, but
|
||||
between sun-rising, and sun-setting, on pain of forfeiting the same, the
|
||||
horses and carriages. The hundred next adjoining to the sea coast, out of,
|
||||
or through which the wool is carried or exported, forfeits £20, if the
|
||||
wool is under the value of £10; and if of greater value, then treble that
|
||||
value, together with treble costs, to be sued for within the year. The
|
||||
execution to be against any two of the inhabitants, whom the sessions must
|
||||
reimburse, by an assessment on the other inhabitants, as in the cases of
|
||||
robbery. And if any person compounds with the hundred for less than this
|
||||
penalty, he is to be imprisoned for five years; and any other person may
|
||||
prosecute. These regulations take place through the whole kingdom.
|
||||
|
||||
But in the particular counties of Kent and Sussex, the restrictions are
|
||||
still more troublesome. Every owner of wool within ten miles of the sea
|
||||
coast must give an account in writing, three days after shearing, to the
|
||||
next officer of the customs, of the number of his fleeces, and of the
|
||||
places where they are lodged. And before he removes any part of them, he
|
||||
must give the like notice of the number and weight of the fleeces, and of
|
||||
the name and abode of the person to whom they are sold, and of the place
|
||||
to which it is intended they should be carried. No person within fifteen
|
||||
miles of the sea, in the said counties, can buy any wool, before he enters
|
||||
into bond to the king, that no part of the wool which he shall so buy
|
||||
shall be sold by him to any other person within fifteen miles of the sea.
|
||||
If any wool is found carrying towards the sea side in the said counties,
|
||||
unless it has been entered and security given as aforesaid, it is
|
||||
forfeited, and the offender also forfeits 3s. for every pound weight, if
|
||||
any person lay any wool, not entered as aforesaid, within fifteen miles of
|
||||
the sea, it must be seized and forfeited; and if, after such seizure, any
|
||||
person shall claim the same, he must give security to the exchequer, that
|
||||
if he is cast upon trial he shall pay treble costs, besides all other
|
||||
penalties.
|
||||
|
||||
When such restrictions are imposed upon the inland trade, the coasting
|
||||
trade, we may believe, cannot be left very free. Every owner of wool, who
|
||||
carrieth, or causeth to be carried, any wool to any port or place on the
|
||||
sea coast, in order to be from thence transported by sea to any other
|
||||
place or port on the coast, must first cause an entry thereof to be made
|
||||
at the port from whence it is intended to be conveyed, containing the
|
||||
weight, marks, and number, of the packages, before he brings the same
|
||||
within five miles of that port, on pain of forfeiting the same, and also
|
||||
the horses, carts, and other carriages; and also of suffering and
|
||||
forfeiting, as by the other laws in force against the exportation of wool.
|
||||
This law, however (1st of William III. chap. 32), is so very indulgent as
|
||||
to declare, that this shall not hinder any person from carrying his wool
|
||||
home from the place of shearing, though it be within five miles of the
|
||||
sea, provided that in ten days after shearing, and before he remove the
|
||||
wool, he do under his hand certify to the next officer of the customs the
|
||||
true number of fleeces, and where it is housed; and do not remove the
|
||||
same, without certifying to such officer, under his hand, his intention so
|
||||
to do, three days before. Bond must be given that the wool to be carried
|
||||
coast-ways is to be landed at the particular port for which it is entered
|
||||
outwards; and if my part of it is landed without the presence of an
|
||||
officer, not only the forfeiture of the wool is incurred, as in other
|
||||
goods, but the usual additional penalty of 3s. for every pound weight is
|
||||
likewise incurred.
|
||||
|
||||
Our woollen manufacturers, in order to justify their demand of such
|
||||
extraordinary restrictions and regulations, confidently asserted, that
|
||||
English wool was of a peculiar quality, superior to that of any other
|
||||
country; that the wool of other countries could not, without some mixture
|
||||
of it, be wrought up into any tolerable manufacture; that fine cloth could
|
||||
not be made without it; that England, therefore, if the exportation of it
|
||||
could be totally prevented, could monopolize to herself almost the whole
|
||||
woollen trade of the world; and thus, having no rivals, could sell at what
|
||||
price she pleased, and in a short time acquire the most incredible degree
|
||||
of wealth by the most advantageous balance of trade. This doctrine, like
|
||||
most other doctrines which are confidently asserted by any considerable
|
||||
number of people, was, and still continues to be, most implicitly believed
|
||||
by a much greater number: by almost all those who are either unacquainted
|
||||
with the woollen trade, or who have not made particular inquiries. It is,
|
||||
however, so perfectly false, that English wool is in any respect necessary
|
||||
for the making of fine cloth, that it is altogether unfit for it. Fine
|
||||
cloth is made altogether of Spanish wool. English wool, cannot be even so
|
||||
mixed with Spanish wool, as to enter into the composition without spoiling
|
||||
and degrading, in some degree, the fabric of the cloth.
|
||||
|
||||
It has been shown in the foregoing part of this work, that the effect of
|
||||
these regulations has been to depress the price of English wool, not only
|
||||
below what it naturally would be in the present times, but very much below
|
||||
what it actually was in the time of Edward III. The price of Scotch wool,
|
||||
when, in consequence of the Union, it became subject to the same
|
||||
regulations, is said to have fallen about one half. It is observed by the
|
||||
very accurate and intelligent author of the Memoirs of Wool, the Reverend
|
||||
Mr John Smith, that the price of the best English wool in England, is
|
||||
generally below what wool of a very inferior quality commonly sells for in
|
||||
the market of Amsterdam. To depress the price of this commodity below what
|
||||
may be called its natural and proper price, was the avowed purpose of
|
||||
those regulations; and there seems to be no doubt of their having produced
|
||||
the effect that was expected from them.
|
||||
|
||||
This reduction of price, it may perhaps be thought, by discouraging the
|
||||
growing of wool, must have reduced very much the annual produce of that
|
||||
commodity, though not below what it formerly was, yet below what, in the
|
||||
present state of things, it would probably have been, had it, in
|
||||
consequence of an open and free market, been allowed to rise to the
|
||||
natural and proper price. I am, however, disposed to believe, that the
|
||||
quantity of the annual produce cannot have been much, though it may,
|
||||
perhaps, have been a little affected by these regulations. The growing of
|
||||
wool is not the chief purpose for which the sheep farmer employs his
|
||||
industry and stock. He expects his profit, not so much from the price of
|
||||
the fleece, as from that of the carcase; and the average or ordinary price
|
||||
of the latter must even, in many cases, make up to him whatever deficiency
|
||||
there may be in the average or ordinary price of the former. It has been
|
||||
observed, in the foregoing part of this work, that ‘whatever regulations
|
||||
tend to sink the price, either of wool or of raw hides, below what it
|
||||
naturally would be, must, in an improved and cultivated country, have some
|
||||
tendency to raise the price of butcher’s meat. The price, both of the
|
||||
great and small cattle which are fed on improved and cultivated land, must
|
||||
be sufficient to pay the rent which the landlord, and the profit which the
|
||||
farmer, has reason to expect from improved and cultivated land. If it is
|
||||
not, they will soon cease to feed them. Whatever part of this price,
|
||||
therefore, is not paid by the wool and the hide, must be paid by the
|
||||
carcase. The less there is paid for the one, the more must be paid for the
|
||||
other. In what manner this price is to be divided upon the different parts
|
||||
of the beast, is indifferent to the landlords and farmers, provided it is
|
||||
all paid to them. In an improved and cultivated country, therefore, their
|
||||
interest as landlords and farmers cannot be much affected by such
|
||||
regulations, though their interest as consumers may, by the rise in the
|
||||
price of provisions.’ According to this reasoning, therefore, this
|
||||
degradation in the price of wool is not likely, in an improved and
|
||||
cultivated country, to occasion any diminution in the annual produce of
|
||||
that commodity; except so far as, by raising the price of mutton, it may
|
||||
somewhat diminish the demand for, and consequently the production of, that
|
||||
particular species of butcher’s meat, Its effect, however, even in this
|
||||
way, it is probable, is not very considerable.
|
||||
|
||||
But though its effect upon the quantity of the annual produce may not have
|
||||
been very considerable, its effect upon the quality, it may perhaps be
|
||||
thought, must necessarily have been very great. The degradation in the
|
||||
quality of English wool, if not below what it was in former times, yet
|
||||
below what it naturally would have been in the present state of
|
||||
improvement and cultivation, must have been, it may perhaps be supposed,
|
||||
very nearly in proportion to the degradation of price. As the quality
|
||||
depends upon the breed, upon the pasture, and upon the management and
|
||||
cleanliness of the sheep, during the whole progress of the growth of the
|
||||
fleece, the attention to these circumstances, it may naturally enough be
|
||||
imagined, can never be greater than in proportion to the recompence which
|
||||
the price of the fleece is likely to make for the labour and expense which
|
||||
that attention requires. It happens, however, that the goodness of the
|
||||
fleece depends, in a great measure, upon the health, growth, and bulk of
|
||||
the animal: the same attention which is necessary for the improvement of
|
||||
the carcase is, in some respect, sufficient for that of the fleece.
|
||||
Notwithstanding the degradation of price, English wool is said to have
|
||||
been improved considerably during the course even of the present century.
|
||||
The improvement, might, perhaps, have been greater if the price had been
|
||||
better; but the lowness of price, though it may have obstructed, yet
|
||||
certainly it has not altogether prevented that improvement.
|
||||
|
||||
The violence of these regulations, therefore, seems to have affected
|
||||
neither the quantity nor the quality of the annual produce of wool, so
|
||||
much as it might have been expected to do (though I think it probable that
|
||||
it may have affected the latter a good deal more than the former); and the
|
||||
interest of the growers of wool, though it must have been hurt in some
|
||||
degree, seems upon the whole, to have been much less hurt than could well
|
||||
have been imagined.
|
||||
|
||||
These considerations, however, will not justify the absolute prohibition
|
||||
of the exportation of wool; but they will fully justify the imposition of
|
||||
a considerable tax upon that exportation.
|
||||
|
||||
To hurt, in any degree, the interest of any one order of citizens, for no
|
||||
other purpose but to promote that of some other, is evidently contrary to
|
||||
that justice and equality of treatment which the sovereign owes to all the
|
||||
different orders of his subjects. But the prohibition certainly hurts, in
|
||||
some degree, the interest of the growers of wool, for no other purpose but
|
||||
to promote that of the manufacturers.
|
||||
|
||||
Every different order of citizens is bound to contribute to the support of
|
||||
the sovereign or commonwealth. A tax of five, or even of ten shillings,
|
||||
upon the exportation of every tod of wool, would produce a very
|
||||
considerable revenue to the sovereign. It would hurt the interest of the
|
||||
growers somewhat less than the prohibition, because it would not probably
|
||||
lower the price of wool quite so much. It would afford a sufficient
|
||||
advantage to the manufacturer, because, though he might not buy his wool
|
||||
altogether so cheap as under the prohibition, he would still buy it at
|
||||
least five or ten shillings cheaper than any foreign manufacturer could
|
||||
buy it, besides saving the freight and insurance which the other would be
|
||||
obliged to pay. It is scarce possible to devise a tax which could produce
|
||||
any considerable revenue to the sovereign, and at the same time occasion
|
||||
so little inconveniency to anybody.
|
||||
|
||||
The prohibition, notwithstanding all the penalties which guard it, does
|
||||
not prevent the exportation of wool. It is exported, it is well known, in
|
||||
great quantities. The great difference between the price in the home and
|
||||
that in the foreign market, presents such a temptation to smuggling, that
|
||||
all the rigour of the law cannot prevent it. This illegal exportation is
|
||||
advantageous to nobody but the smuggler. A legal exportation, subject to a
|
||||
tax, by affording a revenue to the sovereign, and thereby saving the
|
||||
imposition of some other, perhaps more burdensome and inconvenient taxes,
|
||||
might prove advantageous to all the different subjects of the state.
|
||||
|
||||
The exportation of fuller’s earth, or fuller’s clay, supposed to be
|
||||
necessary for preparing and cleansing the woollen manufactures, has been
|
||||
subjected to nearly the same penalties as the exportation of wool. Even
|
||||
tobacco-pipe clay, though acknowledged to be different from fuller’s clay,
|
||||
yet, on account of their resemblance, and because fuller’s clay might
|
||||
sometimes be exported as tobacco-pipe clay, has been laid under the same
|
||||
prohibitions and penalties.
|
||||
|
||||
By the 13th and 14th of Charles II. chap, 7, the exportation, not only of
|
||||
raw hides, but of tanned leather, except in the shape of boots, shoes, or
|
||||
slippers, was prohibited; and the law gave a monopoly to our boot-makers
|
||||
and shoe-makers, not only against our graziers, but against our tanners.
|
||||
By subsequent statutes, our tanners have got themselves exempted from this
|
||||
monopoly, upon paying a small tax of only one shilling on the hundred
|
||||
weight of tanned leather, weighing one hundred and twelve pounds. They
|
||||
have obtained likewise the drawback of two-thirds of the excise duties
|
||||
imposed upon their commodity, even when exported without further
|
||||
manufacture. All manufactures of leather may be exported duty free; and
|
||||
the exporter is besides entitled to the drawback of the whole duties of
|
||||
excise. Our graziers still continue subject to the old monopoly. Graziers,
|
||||
separated from one another, and dispersed through all the different
|
||||
corners of the country, cannot, without great difficulty, combine together
|
||||
for the purpose either of imposing monopolies upon their fellow-citizens,
|
||||
or of exempting themselves from such as may have been imposed upon them by
|
||||
other people. Manufacturers of all kinds, collected together in numerous
|
||||
bodies in all great cities, easily can. Even the horns of cattle are
|
||||
prohibited to be exported; and the two insignificant trades of the horner
|
||||
and comb-maker enjoy, in this respect, a monopoly against the graziers.
|
||||
|
||||
Restraints, either by prohibitions, or by taxes, upon the exportation of
|
||||
goods which are partially, but not completely manufactured, are not
|
||||
peculiar to the manufacture of leather. As long as anything remains to be
|
||||
done, in order to fit any commodity for immediate use and consumption, our
|
||||
manufacturers think that they themselves ought to have the doing of it.
|
||||
Woollen yarn and worsted are prohibited to be exported, under the same
|
||||
penalties as wool even white cloths we subject to a duty upon exportation;
|
||||
and our dyers have so far obtained a monopoly against our clothiers. Our
|
||||
clothiers would probably have been able to defend themselves against it;
|
||||
but it happens that the greater part of our principal clothiers are
|
||||
themselves likewise dyers. Watch-cases, clock-cases, and dial-plates for
|
||||
clocks and watches, have been prohibited to be exported. Our clock-makers
|
||||
and watch-makers are, it seems, unwilling that the price of this sort of
|
||||
workmanship should be raised upon them by the competition of foreigners.
|
||||
|
||||
By some old statutes of Edward III, Henry VIII. and Edward VI. the
|
||||
exportation of all metals was prohibited. Lead and tin were alone
|
||||
excepted, probably on account of the great abundance of those metals; in
|
||||
the exportation of which a considerable part of the trade of the kingdom
|
||||
in those days consisted. For the encouragement of the mining trade, the
|
||||
5th of William and Mary, chap.17, exempted from this prohibition iron,
|
||||
copper, and mundic metal made from British ore. The exportation of all
|
||||
sorts of copper bars, foreign as well as British, was afterwards permitted
|
||||
by the 9th and 10th of William III. chap 26. The exportation of
|
||||
unmanufactured brass, of what is called gun-metal, bell-metal, and shroff
|
||||
metal, still continues to be prohibited. Brass manufactures of all sorts
|
||||
may be exported duty free.
|
||||
|
||||
The exportation of the materials of manufacture, where it is not
|
||||
altogether prohibited, is, in many cases, subjected to considerable
|
||||
duties.
|
||||
|
||||
By the 8th Geo. I. chap.15, the exportation of all goods, the produce of
|
||||
manufacture of Great Britain, upon which any duties had been imposed by
|
||||
former statutes, was rendered duty free. The following goods, however,
|
||||
were excepted: alum, lead, lead-ore, tin, tanned leather, copperas, coals,
|
||||
wool, cards, white woollen cloths, lapis calaminaris, skins of all sorts,
|
||||
glue, coney hair or wool, hares wool, hair of all sorts, horses, and
|
||||
litharge of lead. If you except horses, all these are either materials of
|
||||
manufacture, or incomplete manufactures (which may be considered as
|
||||
materials for still further manufacture), or instruments of trade. This
|
||||
statute leaves them subject to all the old duties which had ever been
|
||||
imposed upon them, the old subsidy, and one per cent. outwards.
|
||||
|
||||
By the same statute, a great number of foreign drugs for dyers use are
|
||||
exempted from all duties upon importation. Each of them, however, is
|
||||
afterwards subjected to a certain duty, not indeed a very heavy one, upon
|
||||
exportation. Our dyers, it seems, while they thought it for their interest
|
||||
to encourage the importation of those drugs, by an exemption from all
|
||||
duties, thought it likewise for their own interest to throw some small
|
||||
discouragement upon their exportation. The avidity, however, which
|
||||
suggested this notable piece of mercantile ingenuity, most probably
|
||||
disappointed itself of its object. It necessarily taught the importers to
|
||||
be more careful than they might otherwise have been, that their
|
||||
importation should not exceed what was necessary for the supply of the
|
||||
home market. The home market was at all times likely to be more scantily
|
||||
supplied; the commodities were at all times likely to be somewhat dearer
|
||||
there than they would have been, had the exportation been rendered as free
|
||||
as the importation.
|
||||
|
||||
By the above-mentioned statute, gum senega, or gum arabic, being among the
|
||||
enumerated dyeing drugs, might be imported duty free. They were subjected,
|
||||
indeed, to a small poundage duty, amounting only to threepence in the
|
||||
hundred weight, upon their re-exportation. France enjoyed, at that time,
|
||||
an exclusive trade to the country most productive of those drugs, that
|
||||
which lies in the neighbourhood of the Senegal; and the British market
|
||||
could not be easily supplied by the immediate importation of them from the
|
||||
place of growth. By the 25th Geo. II. therefore, gum senega was allowed to
|
||||
be imported (contrary to the general dispositions of the act of
|
||||
navigation) from any part of Europe. As the law, however, did not mean to
|
||||
encourage this species of trade, so contrary to the general principles of
|
||||
the mercantile policy of England, it imposed a duty of ten shillings the
|
||||
hundred weight upon such importation, and no part of this duty was to be
|
||||
afterwards drawn back upon its exportation. The successful war which began
|
||||
in 1755 gave Great Britain the same exclusive trade to those countries
|
||||
which France had enjoyed before. Our manufactures, as soon as the peace
|
||||
was made, endeavoured to avail themselves of this advantage, and to
|
||||
establish a monopoly in their own favour both against the growers and
|
||||
against the importers of this commodity. By the 5th of Geo. III.
|
||||
therefore, chap. 37, the exportation of gum senega, from his majesty’s
|
||||
dominions in Africa, was confined to Great Britain, and was subjected to
|
||||
all the same restrictions, regulations, forfeitures, and penalties, as
|
||||
that of the enumerated commodities of the British colonies in America and
|
||||
the West Indies. Its importation, indeed, was subjected to a small duty of
|
||||
sixpence the hundred weight; but its re-exportation was subjected to the
|
||||
enormous duty of one pound ten shillings the hundred weight. It was the
|
||||
intention of our manufacturers, that the whole produce of those countries
|
||||
should be imported into Great Britain; and in order that they themselves
|
||||
might be enabled to buy it at their own price, that no part of it should
|
||||
be exported again, but at such an expense as would sufficiently discourage
|
||||
that exportation. Their avidity, however, upon this, as well as upon many
|
||||
other occasions, disappointed itself of its object. This enormous duty
|
||||
presented such a temptation to smuggling, that great quantities of this
|
||||
commodity were clandestinely exported, probably to all the manufacturing
|
||||
countries of Europe, but particularly to Holland, not only from Great
|
||||
Britain, but from Africa. Upon this account, by the 14th Geo. III.
|
||||
chap.10, this duty upon exportation was reduced to five shillings the
|
||||
hundred weight.
|
||||
|
||||
In the book of rates, according to which the old subsidy was levied,
|
||||
beaver skins were estimated at six shillings and eight pence a piece; and
|
||||
the different subsidies and imposts which, before the year 1722, had been
|
||||
laid upon their importation, amounted to one-fifth part of the rate, or to
|
||||
sixteen pence upon each skin; all of which, except half the old subsidy,
|
||||
amounting only to twopence, was drawn back upon exportation. This duty,
|
||||
upon the importation of so important a material of manufacture, had been
|
||||
thought too high; and, in the year 1722, the rate was reduced to two
|
||||
shillings and sixpence, which reduced the duty upon importation to
|
||||
sixpence, and of this only one-half was to be drawn back upon exportation.
|
||||
The same successful war put the country most productive of beaver under
|
||||
the dominion of Great Britain; and beaver skins being among the enumerated
|
||||
commodities, the exportation from America was consequently confined to the
|
||||
market of Great Britain. Our manufacturers soon bethought themselves of
|
||||
the advantage which they might make of this circumstance; and in the year
|
||||
1764, the duty upon the importation of beaver skin was reduced to one
|
||||
penny, but the duty upon exportation was raised to sevenpence each skin,
|
||||
without any drawback of the duty upon importation. By the same law, a duty
|
||||
of eighteen pence the pound was imposed upon the exportation of beaver
|
||||
wool or woumbs, without making any alteration in the duty upon the
|
||||
importation of that commodity, which, when imported by British, and in
|
||||
British shipping, amounted at that time to between fourpence and fivepence
|
||||
the piece.
|
||||
|
||||
Coals may be considered both as a material of manufacture, and as an
|
||||
instrument of trade. Heavy duties, accordingly, have been imposed upon
|
||||
their exportation, amounting at present (1783) to more than five shillings
|
||||
the ton, or more than fifteen shillings the chaldron, Newcastle measure;
|
||||
which is, in most cases, more than the original value of the commodity at
|
||||
the coal-pit, or even at the shipping port for exportation.
|
||||
|
||||
The exportation, however, of the instruments of trade, properly so called,
|
||||
is commonly restrained, not by high duties, but by absolute prohibitions.
|
||||
Thus, by the 7th and 8th of William III chap.20, sect.8, the exportation
|
||||
of frames or engines for knitting gloves or stockings, is prohibited,
|
||||
under the penalty, not only of the forfeiture of such frames or engines,
|
||||
so exported, or attempted to be exported, but of forty pounds, one half to
|
||||
the king, the other to the person who shall inform or sue for the same. In
|
||||
the same manner, by the 14th Geo. III. chap. 71, the exportation to
|
||||
foreign parts, of any utensils made use of in the cotton, linen, woollen,
|
||||
and silk manufactures, is prohibited under the penalty, not only of the
|
||||
forfeiture of such utensils, but of two hundred pounds, to be paid by the
|
||||
person who shall offend in this manner; and likewise of two hundred
|
||||
pounds, to be paid by the master of the ship, who shall knowingly suffer
|
||||
such utensils to be loaded on board his ship.
|
||||
|
||||
When such heavy penalties were imposed upon the exportation of the dead
|
||||
instruments of trade, it could not well be expected that the living
|
||||
instrument, the artificer, should be allowed to go free. Accordingly, by
|
||||
the 5th Geo. I. chap. 27, the person who shall be convicted of enticing
|
||||
any artificer, of or in any of the manufactures of Great Britain, to go
|
||||
into any foreign parts, in order to practise or teach his trade, is
|
||||
liable, for the first offence, to be fined in any sum not exceeding one
|
||||
hundred pounds, and to three months imprisonment, and until the fine shall
|
||||
be paid; and for the second offence, to be fined in any sum, at the
|
||||
discretion of the court, and to imprisonment for twelve months, and until
|
||||
the fine shall be paid. By the 23d Geo. II. chap. 13, this penalty is
|
||||
increased, for the first offence, to five hundred pounds for every
|
||||
artificer so enticed, and to twelve months imprisonment, and until the
|
||||
fine shall be paid; and for the second offence, to one thousand pounds,
|
||||
and to two years imprisonment, and until the fine shall be paid.
|
||||
|
||||
By the former of these two statutes, upon proof that any person has been
|
||||
enticing any artificer, or that any artificer has promised or contracted
|
||||
to go into foreign parts, for the purposes aforesaid, such artificer may
|
||||
be obliged to give security, at the discretion of the court, that he shall
|
||||
not go beyond the seas, and may be committed to prison until he give such
|
||||
security.
|
||||
|
||||
If any artificer has gone beyond the seas, and is exercising or teaching
|
||||
his trade in any foreign country, upon warning being given to him by any
|
||||
of his majesty’s ministers or consuls abroad, or by one of his majesty’s
|
||||
secretaries of state, for the time being, if he does not, within six
|
||||
months after such warning, return into this realm, and from henceforth
|
||||
abide and inhabit continually within the same, he is from thenceforth
|
||||
declared incapable of taking any legacy devised to him within this
|
||||
kingdom, or of being executor or administrator to any person, or of taking
|
||||
any lands within this kingdom, by descent, devise, or purchase. He
|
||||
likewise forfeits to the king all his lands, goods, and chattels; is
|
||||
declared an alien in every respect; and is put out of the king’s
|
||||
protection.
|
||||
|
||||
It is unnecessary, I imagine, to observe how contrary such regulations are
|
||||
to the boasted liberty of the subject, of which we affect to be so very
|
||||
jealous; but which, in this case, is so plainly sacrificed to the futile
|
||||
interests of our merchants and manufacturers.
|
||||
|
||||
The laudable motive of all these regulations, is to extend our own
|
||||
manufactures, not by their own improvement, but by the depression of those
|
||||
of all our neighbours, and by putting an end, as much as possible, to the
|
||||
troublesome competition of such odious and disagreeable rivals. Our master
|
||||
manufacturers think it reasonable that they themselves should have the
|
||||
monopoly of the ingenuity of all their countrymen. Though by restraining,
|
||||
in some trades, the number of apprentices which can be employed at one
|
||||
time, and by imposing the necessity of a long apprenticeship in all
|
||||
trades, they endeavour, all of them, to confine the knowledge of their
|
||||
respective employments to as small a number as possible; they are
|
||||
unwilling, however, that any part of this small number should go abroad to
|
||||
instruct foreigners.
|
||||
|
||||
Consumption is the sole end and purpose of all production; and the
|
||||
interest of the producer ought to be attended to, only so far as it may be
|
||||
necessary for promoting that of the consumer.
|
||||
|
||||
The maxim is so perfectly self-evident, that it would be absurd to attempt
|
||||
to prove it. But in the mercantile system, the interest of the consumer is
|
||||
almost constantly sacrificed to that of the producer; and it seems to
|
||||
consider production, and not consumption, as the ultimate end and object
|
||||
of all industry and commerce.
|
||||
|
||||
In the restraints upon the importation of all foreign commodities which
|
||||
can come into competition with those of our own growth or manufacture, the
|
||||
interest of the home consumer is evidently sacrificed to that of the
|
||||
producer. It is altogether for the benefit of the latter, that the former
|
||||
is obliged to pay that enhancement of price which this monopoly almost
|
||||
always occasions.
|
||||
|
||||
It is altogether for the benefit of the producer, that bounties are
|
||||
granted upon the exportation of some of his productions. The home consumer
|
||||
is obliged to pay, first the tax which is necessary for paying the bounty;
|
||||
and, secondly, the still greater tax which necessarily arises from the
|
||||
enhancement of the price of the commodity in the home market.
|
||||
|
||||
By the famous treaty of commerce with Portugal, the consumer is prevented
|
||||
by duties from purchasing of a neighbouring country, a commodity which our
|
||||
own climate does not produce; but is obliged to purchase it of a distant
|
||||
country, though it is acknowledged, that the commodity of the distant
|
||||
country is of a worse quality than that of the near one. The home consumer
|
||||
is obliged to submit to this inconvenience, in order that the producer may
|
||||
import into the distant country some of his productions, upon more
|
||||
advantageous terms than he otherwise would have been allowed to do. The
|
||||
consumer, too, is obliged to pay whatever enhancement in the price of
|
||||
those very productions this forced exportation may occasion in the home
|
||||
market.
|
||||
|
||||
But in the system of laws which has been established for the management of
|
||||
our American and West Indian colonies, the interest of the home consumer
|
||||
has been sacrificed to that of the producer, with a more extravagant
|
||||
profusion than in all our other commercial regulations. A great empire has
|
||||
been established for the sole purpose of raising up a nation of customers,
|
||||
who should be obliged to buy, from the shops of our different producers,
|
||||
all the goods with which these could supply them. For the sake of that
|
||||
little enhancement of price which this monopoly might afford our
|
||||
producers, the home consumers have been burdened with the whole expense of
|
||||
maintaining and defending that empire. For this purpose, and for this
|
||||
purpose only, in the two last wars, more than two hundred millions have
|
||||
been spent, and a new debt of more than a hundred and seventy millions has
|
||||
been contracted, over and above all that had been expended for the same
|
||||
purpose in former wars. The interest of this debt alone is not only
|
||||
greater than the whole extraordinary profit which, it never could be
|
||||
pretended, was made by the monopoly of the colony trade, but than the
|
||||
whole value of that trade, or than the whole value of the goods which, at
|
||||
an average, have been annually exported to the colonies.
|
||||
|
||||
It cannot be very difficult to determine who have been the contrivers of
|
||||
this whole mercantile system; not the consumers, we may believe, whose
|
||||
interest has been entirely neglected; but the producers, whose interest
|
||||
has been so carefully attended to; and among this latter class, our
|
||||
merchants and manufacturers have been by far the principal architects. In
|
||||
the mercantile regulations which have been taken notice of in this
|
||||
chapter, the interest of our manufacturers has been most peculiarly
|
||||
attended to; and the interest, not so much of the consumers, as that of
|
||||
some other sets of producers, has been sacrificed to it.
|
||||
Reference in New Issue
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