Boek · An Inquiry into the Wealth of Nations
Pagina 649 van 2651
Auteur: Adam Smith
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The hides of common cattle have, but within these few years, been
put among the enumerated commodities which the plantations can
send nowhere but to the mother country; neither has the commerce
of Ireland been in this case oppressed hitherto, in order to
support the manufactures of Great Britain.
Whatever regulations tend to sink the price, either of wool or of
raw hides, below what it naturally would be, must, in an improved
and cultivated country, have some tendency to raise the price of
butcher's meat. The price both of the great and small cattle,
which are fed on improved and cultivated land, must be sufficient
to pay the rent which the landlord, and the profit which the
farmer, has reason to expect from improved and cultivated land.
If it is not, they will soon cease to feed them. Whatever part of
this price, therefore, is not paid by the wool and the hide, must
be paid by the carcase. The less there is paid for the one, the
more must be paid for the other. In what manner this price is to
be divided upon the different parts of the beast, is indifferent
to the landlords and farmers, provided it is all paid to them.
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