1834.
CORN LAWS.--MODERN POLITICAL ECONOMY.
In the argument on the Corn Laws there is a [Greek: metazasis eis allo
gevos]. It may be admitted that the great principles of commerce require
the interchange of commodities to be free; but commerce, which is barter,
has no proper range beyond luxuries or conveniences;--it is properly the
complement to the full existence and development of a state. But how can it
be shown that the principles applicable to an interchange of conveniences
or luxuries apply also to an interchange of necessaries? No state can be
such properly, which is not self-subsistent at least; for no state that is
not so, is essentially independent. The nation that cannot even exist
without the commodity of another nation, is in effect the slave of that
other nation. In common times, indeed, pecuniary interest will prevail, and
prevent a ruinous exercise of the power which the nation supplying the
necessary must have over the nation which has only the convenience or
luxury to return; but such interest, both in individuals and nations, will
yield to many stronger passions. Is Holland any authority to the contrary?
If so, Tyre and Sidon and Carthage were so! Would you put England on a
footing with a country, which can be overrun in a campaign, and starved in
a year?
* * * * *
The entire tendency of the modern or Malthusian political economy is to
denationalize.
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