Essay on the Nature of Commerce in General
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第12章

I do not here take into account the expense of the wife. I suppose that her labour barely suffices to pay for her own living, and when one sees a large number of little children in one of these poor families I suppose that charitable persons contribute somewhat to their maintenance, otherwise the parents must deprive themselves of some of their necessaries to provide a living for their children.

For the better understanding of this it is to be observed that a poor labourer may maintain himself, at the lowest computation, upon the produce of an acre and a half of land if he lives on bread and vegetables, wears hempen garments, wooden shoes, etc., while if he can allow himself wine, meat, woollen clothes, etc. he may without drunkenness or gluttony or excess of any kind consume the produce of four to ten acres of land of ordinary goodness, such as most of the land in Europe taking part with another. I have caused some figures to be drawn up which will be found in the supplement, to determine the amount of land of which one man can consume the produce under each head of food, clothing, and other necessaries of life in a single year, according to the mode of living in Europe where the peasants of divers countries are often nourished and maintained very differently.

For this reason I have not determined to how much land the labour of the meanest peasant corresponds in value when I laid down that it is worth double the produce of the land which serves to maintain him: because this varies according to the mode of living in different countries. In some provinces of France the peasant keeps himself on the produce of one acre and a half of land and the value of his labour may be reckoned equal to the product of three acres. But in the county of Middlesex the peasant usually spends the produce of 5 to 8 acres of land and his labour may be valued at twice as much as this.

In the country of the Iroquois where the inhabitants do not plough the land and live entirely by hunting, the meanest hunter may consume the produce of 50 acres of land since it probably requires so much to support the animals he eats in one year, especially as these savages have not the industry to grow grass by cutting down the trees but leave everything to nature. The labour of this hunter may then be reckoned equal in value to the product of 100 acres of land. In the southern provinces of China the land yields rice up to three crops in one year and a hundred times as much as is sown, owing to the great care which they have of agriculture and the fertility of the soil which is never fallow. The peasants who work there almost naked live only on rice and drink only rice water, and it appears that one acre will support there more than ten peasants. It is not surprising, therefore, that the population is prodigious in number. In any case it seems from these examples that nature is altogether indifferent whether that earth produce grass, trees, or grain, or maintains a large or small number of vegetables, animals, or men.

Farmers in Europe seem to correspond to overseers of labouring slaves in other countries, and the master tradesmen who employ several journeymen to the overseers of artisan slaves.

These masters know pretty well how much work a jouneyman artisan can do in a day in each craft, and often pay them in proportion to the work they do, so that the journeymen work for their own interest as hard as they can without further inspection.

As the farmers and masters of crafts in Europe are all undertakers working at a risk, some get rich and gain more than a double subsistence, others are ruined and become bankrupt, as will be explained more in detail in treating of undertakers; but the majority support themselves and their families from day to day, and their labour or superintendence may be valued at about thrice the produce of the land which serves for their maintenance.

Evidently these farmers and master craftsmen, if they superintend the labour of ten labourers or journeymen, would be equally capable of superintending the labour of twenty, according to the size of their farms or the number of their customers, and this renders uncertain the value of their labour or superintendence.

By these examples and others which might be added in the same sense, it is seen that the value of the day's work has a relation to the produce of the soil, and that the intrinsic value of any thing may be measured by the quantity of land used in its production and the quantity of labour which enters into it, in other words by the quantity of land of which the produce is allotted to those who have worked upon it; and as all the land belongs to the prince and the landowners all things which have this intrinsic value have it only at their expense.

The money or coin which finds the proportion of values in exchange is the most certain measure for judging of the par between land and labour and the relation of one to the other in different countries where this par varies according to the greater or less produce of the land allotted to those who labour.

If, for example, one man earn an ounce of silver every day by his work, and another in the same place earn only half an ounce, one can conclude that the first has as much again of the produce of the land to dispose of as the second.

Sir William Petty, in a little manuscript of the year 1685, considers this par, or equation between land and labour, as the most important consideration in political arithmetic, but the research which he has made into it in passing is fanciful and remote from natural laws, because he has attached himself not to causes and principles but only to effects, as Mr Locke, Mr Davenant and all the other English authors who have written on this subject have done after him.