XV. SAVING

[86]  Sir James Steuart of Coltness, whose ‹Inquiry into the

Principles of Political Economy› was published in 1767, nine years

before the appearance of Adam Smith’s great work, takes the very

same view of the principle of population which Malthus, thirty years

afterwards, more formally enunciated. “The generative faculty,” says

Sir James Steuart, “resembles a spring loaded with a weight, which

always exerts itself in proportion to the diminution of resistance.

When food has remained some time without augmentation or diminution,

generation will carry numbers as high as possible; if, then, food

come to be diminished, the spring is overpowered, the force of it

becomes less than nothing, inhabitants will diminish, at least

in proportion to the overcharge. If, on the other hand, food be

increased, the spring will begin to exert itself in proportion as

the resistance diminishes, people will begin to be better fed, they

will multiply, and, in proportion as they increase in numbers, the

food will become scarce again.”—«Translator.»

[87]  “Threescore and ten ‹souls›.”—‹Gen.› xlvi. 27. “Seventy

‹souls›.”—‹Exodus› i. 5. “Threescore and ten ‹persons›.”—‹Deut.› x.

22.—«Translator.»

[88]  601,730 “from twenty years old and upwards.”—‹Numbers› xxvi. 2

and 51.—«Translator.»

[89]  What follows was written in 1846.—«Editor.»

[90]  It is fair to mention that J. B. Say represents the ‹means of

existence› as a variable quantity.

[91]  “There are few states in which there is not a constant effort

in the population to increase beyond the means of subsistence.

This constant effort as ‹constantly tends› to subject the lower

classes of society to distress, ‹and to prevent any great permanent

melioration of their condition›. . . . The constant effort towards

population . . . increases the number of people ‹before› the means

of subsistence are increased,” etc.—«Malthus» ‹on Population›, vol.

i. pp. 17, 18, 6th edition.

[92]  See chap. xi. ‹ante›.

[93]  “Although we might describe ‹fermage›, in a general way, as

the letting or leasing of land, in whatever form it is done, we must

distinguish two forms of letting, equally common in various parts

of Europe, and very different in their effects. In the one form,

the land is let for a fixed rent, payable in money annually. In the

other, it is let under the condition of the produce being divided

between the proprietor and the cultivator. It is to the first of

these two modes of leasing land that we give more particularly the

name of ‹fermage›. The other is generally designated in France as

‹métayage›.” (‹Dictionnaire de l’Économie Politique›, tome i. p.

759.)—«Translator.»

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