Peter Plymley's Letters, and selected essays by Sydney Smith
page 132 of 166 (79%)
page 132 of 166 (79%)
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would, in the free circulation of property, speedily accumulate; and
the moment any possessor arrived at a certain pitch of fortune, he would probably choose to reside in the better country--near the Parliament, or the Court. This absence of great proprietors in Ireland necessarily brings with it, or if not necessarily, has actually brought with it, the employment of the middlemen, which forms one other standing and regular Irish grievance. We are well aware of all that can be said in defence of middlemen; that they stand between the little farmer and the great proprietor as the shopkeeper does between the manufacturer and consumer; and, in fact, by their intervention, save time, and therefore expense. This may be true enough in the abstract; but the particular nature of land must be attended to. The object of the man who makes cloth is to sell his cloth at the present market, for as high a price as he can obtain. If that price is too high, it soon falls; but no injury is done to his machinery by the superior price he has enjoyed for a season--he is just as able to produce cloth with it, as if the profits he enjoyed had always been equally moderate; he has no fear, therefore, of the middleman, or of any species of moral machinery which may help to obtain for him the greatest present prices. The same would be the feeling of any one who let out a steam-engine, or any other machine, for the purposes of manufacture; he would naturally take the highest price he could get; for he might either let his machine for a price proportionate to the work it did, or the repairs, estimable with the greatest precision, might be thrown upon the tenant; in short, he could hardly ask any rent too high for his machine which a responsible person would give; dilapidation would be so visible, and so calculable in such instances, that any secondary lease, or |
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