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character of the property and the utilisation of capital previously



invested therein affords to the person exclusively possessing the



property for obtaining material values; or for satisfying mental



and bodily requirements and enjoyments。



    Rent is the interest of a capital which is fixed to a natural



fund; or which is a capitalised natural fund。 The territory;



however; of that nation which has merely capitalised the natural



funds devoted to agriculture; and which does so in that imperfect



manner which is the case in mere agriculture; yields incomparably



less rent than the territory of that nation which combines



agricultural and manufacturing industry on its territory。 The



rentiers of such a country live mostly in the same nation which



supplies the manufactured goods。 But when the nation which is far



advanced in agriculture and population establishes a manufacturing



industry of its own; it capitalises (as we have already proved in



a former chapter) not merely those powers of nature which are



specially serviceable for manufactures and were hitherto



unemployed; but also the greatest part of the manufacturing powers



serving for agriculture。 The increase of rent in such a nation;



therefore; infinitely exceeds the interest of the material capital



required to develop the manufacturing power。







NOTES:







1。 General Statistics of the British Empire London; 1836。







Chapter 21







The Manufacturing Power and Commerce







    We have hitherto merely spoken of the relations between



agriculture and manufactures; because they form the fundamental



ingredients of the national production; and because; before



obtaining a clear view of their mutual relations; it is impossible



to comprehend correctly the actual function and position of



commerce。 Commerce is also certainly productive (as the school



maintains); but it is so in quite a different manner from



agriculture and manufactures。 These latter actually produce goods;



commerce only brings about the exchange of the goods between



agriculturists and manufacturers; between producers and consumers。



From this it follows that commerce must be regulated according to



the interests and wants of agriculture and manufactures; not vice



vers狻�



    But the school has exactly reversed this last dictum by



adopting as a favourite expression the saying of old Gourney;



'Laissez faire; laissez passer;' an expression which sounds no less



agreeably to robbers; cheats; and thieves than to the merchant; and



is on that account rather doubtful as a maxim。 This perversity of



surrendering the interests of manufactures and agriculture to the



demands of commerce; without reservation; is a natural consequence



of that theory which everywhere merely takes into consideration



present values; but nowhere the powers that produce them; and



regards the whole world as but one indivisibie republic of



merchants。 The school does not discern that the merchant may be



accomplishing his purpose (viz。 gain of values by exchange) at the



expense of the agriculturists and manufacturers; at the expense of



the nation's productive powers; and indeed of its independence。 It



is all the same to him; and according to the character of his



business and occupation; he need not trouble himself much



respecting the manner in which the goods imported or exported by



him act on the morality; the prosperity; or the power of the



nation。 He imports poisons as readily as medicines。 He enervates



whole nations through opium and spirituous liquors。 Whether he by



his importations and smugglings brings occupation and sustenance to



hundreds of thousands; or whether they are thereby reduced to



beggary; does not signify to him as a man of business; if only his



own balance is increased thereby。 Then if those who have been



reduced to want bread seek to escape the misery in their fatherland



by emigrating; he can still obtain profit by the business of



arranging their emigration。 In the time of war he provides the



enemy with arms and ammunition。 He would; if it were possible; sell



fields and meadows to foreign countries; and when he had sold the



last bit of land would place himself on board his ship and export



himself。



    It is therefore evident that the interest of individual



merchants and the interest of the commerce of a whole nation are



widely different things。 In this sense Montesquieu has well said;



'If the State imposes restrictions on the individual merchant; it



does so in the interest of commerce; and his trade is nowhere more



restricted than in free and rich nations; and nowhere less so than



in nations governed by despots。'(1*) Commerce emanates from



manufactures and agriculture; and no nation which has not brought



within its own borders both these main branches of production to a



high state of development can attain (in our days) to any



considerable amount of internal and external commerce。 In former



times there certainly existed separate cities or leagues of cities



which were enabled by means of foreign manufacturers and foreign



agriculturists to carry on a large exchange trade; but since the



great agricultural manufacturing commercial states have sprung up;



we can no longer think of originating a mere exchange trade such as



the Hanse Towns possessed。 In any case such a trade is of so



precarious a character; that it hardly deserves consideration in



comparison with that which is based on the nation's own production。



    The most important objects of internal commerce are articles of



food; salt; fuel; and building material; clothing materials; then



agricultural and manufacturing utensils and implements; and the raw



materials of agricultural and mining production which are necessary



for manufactures。 The extent of this internal inter change is



beyond all comparison greater in a nation in which manufacturing



industry has attained a high stage of development than in a merely



agricultural nation。 At times in the latter the agriculturist lives



chiefly on his own productions。 From want of much demand for



various products and lack of means of transport; he is obliged to



produce for himself all his requirements without regard to what his



land is more specially fitted to produce; from want of means of



exchange he must manufacture himself the greater part of the



manufactured articles which he requires。 Fuel; building materials;



provisions; and mineral products can find only a very limited



market because of the absence of improved means of transport; and



hence cannot serve as articles for a distant trade。



    Owing to the limite
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