"In each of these periods, however, there were not only many private feuds and public dissensions; many bloody and harassing wars; great perversion of the powers of the inhabitants from the production to the destruction of life; but sometimes such dreadful massacres and bloodshed, so great multitudes perishing by the sword, and by famine following up its ravages, as might be supposed not only to have retarded the increase of the numbers of the inhabitants, but to have left them fewer at the end than at the beginning.Had it not been for these events, the greater part of those whom they carried off would have married and had children, whose whole numbers would naturally have been greater than that of the parents who procreated them.In this manner every generation would have exceeded proportionably the one preceding it.The number of industrious hands thus produced would have built more houses, would have improved more lands, and would have cultivated better those which had been improved before; more manufactures would have been established, and those which had been established before would have been more extended, and how far the population of the country, and its real wealth and strength, might have been carried by this time, it is not perhaps very easy to imagine."The error of both reasonings arises, in the same manner, from taking what is merely a necessary concomitant, for a cause.It is perfectly true, that the real wealth, strength, and prosperity of a country, cannot advance, but as its population advances, and that population can only advance by more being brought into the world than go out of it.It is also true that they cannot advance but as its capital advances, and that its capital can only advance by more being saved than is spent.But when it is said in either case, that as they can only advance as population advances, or as accumulation advances, we have only to allow population to go on unrestrained, or only to allow accumulation to go on unchecked, we are deceived, and led to unwarrantable conclusions, by a sort of sleight in the use of words.
The contemplation of a couple contending with unremitting labor against the evils of poverty and want, and, however occasionally pinched by them themselves, warding them off with care and success from their offspring, and rearing up a numerous and industrious family, is a very pleasing sight.
It is pleasing as an evidence of the existence of some of the best and purest affections of our nature; it is pleasing, also, from the mere view of the healthy addition thus made to that surest stay of a state, an industrious and frugal population.But when it is hence assumed, that nothing is wanting to augment the numbers of the community, and carry it forward to greatness, than that similar principles and conduct should be allowed to go on in all its members without restraint, a hasty and inaccurate conclusion is drawn from a partial view of a complicated subject.The numbers of a state can never exceed, what its resources can support.When these resources are augmented, the principles which tend to the preservation and multiplication of the species are, in all well regulated communities, sufficiently active speedily to fill up their numbers to the amount of the increased supply.
In like manner, the contemplation of honest industry, and patient frugality, not only manfully bearing up against present necessity and want, but repelling them, and accumulating a plentiful store to answer the demands of futurity, is also no unpleasing spectacle.But for such principles neither public nor private comfort or affluence could exist, or be preserved.But, when it is hence also assumed, that nothing else is wanting to carry the community forward to the highest degree of affluence and power, than that similar principles and conduct, through all its members, should be encouraged, and allowed to go on without check, a conclusion equally unwarranted and equally inaccurate, is drawn from a like hasty and imperfect view of a great subject.The capital of a state is a mere instrument in the hands of its industry, to enable it to draw forth the riches, with which the conjoined powers of nature and art have endowed it.A multiplication of instruments is of no avail, unless something additional be given on which they may operate.When invention succeeds in discovering these additional riches, the mere view is sufficient, in every well regulated community, to induce its members to form the new instruments, necessary to draw these riches forth.