100%(1)1 out of 1 people found this document helpful
This preview shows page 87 - 88 out of 269 pages.
219Indeed, this very exorbitance of profit shows, that the indus-try of the master is paid out of all proportion with that of theslave. To the consumer it makes no difference. One of theproductive classes benefits by the depression of the rest; andthat would be all, were it not that the vicious system of pro-duction, resulting from this derangement, opposes the intro-duction of a better plan of industry. The slave and the masterare both degraded beings, incapable of approximating to theperfection of industry, and, by their contagion, degrading theindustry of the free man, who has no slaves at his command.For labour can never be honourable, or even respectable,where it is executed by an inferior caste. The forced and un-natural superiority of the master over the slave, is exhibitedin the affectation of lordly indolence and inactivity: and thefaculties of mind are debased in an equal degree; the place ofintelligence is usurped by violence and brutality.I have been told by travellers of veracity and observation,that they consider all progress in the arts in Brazil and othersettlements of America as utterly hopeless, while slavery shallcontinue to be tolerated. Those states of the North AmericanUnion, which have proscribed slavery, are making the largeststrides towards national prosperity. The inhabitants of the slavestates of Georgia and Carolina raise the best cotton in theworld, but cannot work it up. During the last war with En-gland, they were obliged to send it over land to New York tobe spun into yarn. The same cotton is sent back at a vastexpense to be consumed at the place of its original growth ina manufactured state.220This is a just retribution for the tol-eration of a practice, by which one part of mankind is madeto labour, and subjected to the severest privation, for the ben-efit of another. Policy is in this point in accordance with hu-manity.221It remains yet to be explained, what are the consequences ofthe commercial intercourse between the colony and the mothercountry, in regard to production; always taking it for granted,that the colony continues in a state of dependence, for themoment it shakes off the yoke, it has nothing colonial but itsorigin, and stands in relation to the mother-country, on ex-actly the same footing as any other nation on the globe. Theparent state, with a view to secure to the products of its ownsoil and industry the market of colonial consumption, gener-ally prohibits the colonists from purchasing European com-modities from any one else, which enables her own merchantsto sell their goods in the colony for somewhat more than theyare currently worth. This is a benefit conferred on the sub-jects of the parent state at the expense of the colonists, whoare likewise its subjects. Considering the mother-country andthe colony to be integral parts of one and the same state, theprofit and loss balance each other; and this restriction is nuga-tory, except inasmuch as it entails the charge of an establish-
You've reached the end of your free preview.
Want to read all 269 pages?
Economics, Wealth of nations, ........., United nations charter, editor, M. Say