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writer will; I fear; be disagreeably surprised to hear; that I



am; and always have been; an utterly fearless and unscrupulous



free…trader。 Seven years ago; speaking of the various signs of



infancy in the European mind (Stones of Venice; vol。 iii。 p。



168); I wrote: 〃The first principles of commerce were



acknowledged by the English parliament only a few months ago; in



its free…trade measures; and are still so little understood by



the million; that no nation dares to abolish its custom…houses。〃



    It will be observed that I do not admit even the idea of



reciprocity。 Let other nations; if they like; keep their ports



shut; every wise nation will throw its own open。 It is not the



opening them; but a sudden; inconsiderate; and blunderingly



experimental manner of opening them; which does the harm。 If you



have been protecting a manufacture for a long series of years;



you must not take the protection off in a moment; so as to throw



every one of its operatives at once out of employ; any more than



you must take all its wrappings off a feeble child at once in



cold weather; though the cumber of them may have been radically



injuring its health。 Little by little; you must restore it to



freedom and to air。



    Most people's minds are in curious confusion on the subject



of free trade; because they suppose it to imply enlarged



competition。 On the contrary; free trade puts an end to all



competition。 〃Protection〃 (among various other mischievous



functions;) endeavours to enable one country to compete with



another in the production of an article at a disadvantage。 When



trade is entirely free; no country can be competed with in the



articles for the production of which it is naturally calculated;



nor can it compete with any other; in the production of articles



for which it is not naturally calculated。 Tuscany; for instance;



cannot compete with England in steel; nor England with Tuscany in



oil。 They must exchange their steel and oil。 Which exchange



should be as frank and free as honesty and the sea…winds can make



it。 Competition; indeed; arises at first; and sharply; in order



to prove which is strongest in any given manufacture possible to



both; this point once ascertained; competition is at an end。 







13。 I should be glad if the reader would first clear the ground



for himself so far as to determine whether the difficulty lies in



getting the work or getting the pay for it。 Does he consider



occupation itself to be an expensive luxury; difficult of



attainment; of which too little is to be found in the world? or



is it rather that; while in the enjoyment even of the most



athletic delight; men must nevertheless be maintained; and this



maintenance is not always forthcoming? We must be clear on this



head before going farther; as most people are loosely in the



habit of talking of the difficulty of 〃finding employment。〃 Is it



employment that we want to find; or support during employment? Is



it idleness we wish to put an end to; or hunger? We have to take



up both questions in succession; only not both at the same time。



No doubt that work is a luxury; and a very great one。 It is;



indeed; at once a luxury and a necessity; no man can retain



either health of mind or body without it。 So profoundly do I feel



this; that; as will be seen in the sequel; one of the principal



objects I would recommend to benevolent and practical persons; is



to induce rich people to seek for a larger quantity of this



luxury than they at present possess。 Nevertheless; it appears by



experience that even this healthiest of pleasures may be indulged



in to excess; and that human beings are just as liable to surfeit



of labour as to surfeit of meat; so that; as on the one hand; it



may be charitable to provide; for some people; lighter dinner;



and more work; for others; it may be equally expedient to provide



lighter work; and more dinner。 







14。 Book I。 chap。 iv。 s。 1。 To save space; my future references



to Mr Mill's work will be by numerals only; as in this instance;



I。 iv。 I。 Ed。 in 2 vols。 8vo。 Parker; 1848。







15。 If Mr Mill had wished to show the difference in result



between consumption and sale; he should have represented the



hardware merchant as consuming his own goods instead of selling



them; similarly; the silver merchant as consuming his own goods



instead of welling them。 Had he done this; he would have made his



position clearer; though less tenable; and perhaps this was the



position he really intended to take; tacitly involving his



theory; elsewhere stated; and shown in the sequel of this paper



to be false; that demand for commodities is not demand for



labour。 But by the most diligent scrutiny of the paragraph now



under examination; I cannot determine whether it is a fallacy



pure and simple; or the half of one fallacy supported by the



whole of a greater one; so that I treat it here on the kinder



assumption that it is one fallacy only。 







16。 I take Mr Helps' estimate in his essay on War。







17。 Also when the wrought silver vases of Spain were dashed to



fragments by our custom…house officers; because bullion might be



imported free of duty; but not brains; was the axe that broke



them productive?  the artist who wrought them unproductive? Or



again。 If the woodman's axe is productive; is the executioner's?



as also; if the hemp of a cable be productive; does not the



productiveness of hemp in a halter depend on its moral more than



on its material application? 







18。 Filigree: that is to say; generally; ornament dependent on



complexity; not on art。 







19。 These statements sound crude in their brevity; but will be



found of the utmost importance when they are developed。 Thus; in



the above instance; economists have never perceived that



disposition to buy is a wholly moral element in demand: that is



to say; when you give a man half…a…crown; it depends on his



disposition whether he is rich or poor with it  whether he will



buy disease; ruin; and hatred; or buy health; advancement; and



domestic love。 And thus the agreeableness or exchange value of



every offered commodity depends on production; not merely of the



commodity; but of buyers of it; therefore on the education of



buyers; and on all the moral elements by which their disposition



to buy this; or that; is formed。 I will illustrate and expand



into final consequences every one of these definitions in its



place: at present they can only be given with extremest brevity;



for in order to put the subject at once in a connected form



before the reader; I have thrown into one; the opening



definitions of four chapters; namely; of that on Value (〃Ad



Valorem〃); on Price (〃Thirty Pieces〃); on Production (〃Demeter〃);



and on Economy (〃The Law of the House〃)。 







20。 Perhaps it may be said; in farther support of Mr Ricardo;



that he meant; 〃when the utility is constant or given; the price



varies as the quantity of labour。〃 If he meant this; he should



have said it; but; had he meant it; he could have hardly missed



the necessary result; that utility would be one measure of price



(which he expressly denies it to be); and that; to prove



saleableness; he had to prove a given quantity of utility; as



well as a given quantity of labour: to wit; in his own instance;



that the deer and fish would each feed the same number of men;



for the same number of days; with equal pleasure to their



palates。 The fact is; he did not know what he meant himself。 The



general idea which he had derived from commercial experience;



without being able to analyze it; was; that when the demand is



constant; the price varies as the quantity of labour required for



production; or;  using the formula I gave in last paper  when



y is constant; x y varies as x。 But demand never is; nor can be;



ultimately constant; if x varies distinctly; for; as price rises;



consumers fall away; and as soon as there is a monopoly (and all



scarcity is a form of monopoly; so that every commodity is



affected occasionally by some colour of monopoly); y becomes the



most influential condition of the price。 Thus the price of a



painting depends less on its merits than on the interest taken in



it by the public; the price of singing less on the labour of the



singer than the number of persons who desire to hear him; and the



price of gold less on the scarcity which affects it in common



with cerium or iridium; than on the sunlight colour and



unalterable purity by which

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