^ 1 ho flft- % or , • O' w ■ « JOHN HOPKINS’S NOTIONS ON POLITICAL ECONOMY. London : Printed by A. Spottiswoode, New-Street-Square, JOHN HOPKINS’S NOTIONS ON POLITICAL ECONOMY. BY THE AUTHOR OF “ CONVERSATIONS ON CHEMISTRY, POLITICAL ECONOMY,” &c. &c. THIRD EDITION. LONDON: PRINTED FOR LONGMAN, REES, ORME, BROWN, GREEN, & LONGMAN. PATERNOSTER- ROW. 1834 . / 3 30 PI 33 1 \ S34- * vD C. >■ € ADVERTISEMENT. The miscellaneous character of the following Tracts is accounted for by their having been written at different periods. Some of them were published, with the Author’s permission, about two years ago, by a Society established in Glamorganshire for the improvement of the labouring classes. It will be obvious to the reader, that it is for that rank of life that this little work is principally intended. r r CONTENTS. Page The Rich and the Poor. A Fairy Tale 1 Wages. A Fairy Tale - - - 11 The Three Giants - 27 • Population; or. The Old World - 64? Emigration ; or, A New World - 80 The Poor’s Rate; or, The Treacher- ous Friend - - - 99 Machinery ; or, Cheap Goods and Dear Goods - - 121 Foreign Trade ; or, The Wedding Gown 147 Second Part - - - -154 Third Part - - 164 The Corn Trade; or, The Price of Bread - - - - - 168 THE RICH AND THE POOR. A FAIRY TALE. In the time of the Fairies, things went on no better than they do at present. John Hopkins, a poor labourer, who had a large family of children to support upon very scanty wages, applied to a Fairy for assistance. “ Here am I half starving,” said he, u while my landlord rides about in a fine carriage; his children are pampered with the most dainty fare, and even his servants are bedizened with gaudy liveries : in a word, rich men, by their extravagance, deprive us poor men of bread. In order to gratify them with luxuries, we are debarred almost the necessaries of life.” — “ ’T is a piti- able case, honest friend,” replied the Fairy, “ and I am ready to do all in my power to assist you and your distressed friends. Shall B *7 2 THE RICH AND THE POOR. I, by a stroke of my wand, destroy all the handsome equipages, fine clothes and dainty dishes, which offend you ?” — “ Since you are so very obliging,” said honest John, in the joy of his heart, “ it would perhaps be better to destroy all luxuries whatever : for, if you con- fine yourself to those you mention, the rich would soon have recourse to others ; and it will scarcely cost you more than an additional stroke of your wand to do the business out- right, and get rid of the evil root and branch.” No sooner said than done. The good-na- tured Fairy waved her all-powerful wand, and, wonderful to behold ! the superb mansion of the landlord shrunk beneath its stroke, and was reduced to a humble thatched cottage. The gay colours and delicate textures of the apparel of its inmates faded and thickened, and were transformed into the most ordinary clothing; the green-house plants sprouted out cabbages, and the pinery produced potatoes. A similar change took place in the stables and coach- house : the elegant landau was seen varying in form, and enlarging in dimensions, till it became a waggon ; while the smart gig shrunk and thickened into a plough. The manes of the horses grew coarse and shaggy, their coats lost all brilliancy and softness, and their legs became thick and clumsy : in a word, they were THE RICH AND THE POOR. 3 adapted to the new vehicles they were hence- forward to draw. Honest John was profuse in his thanks, but the Fairy stopped him short. “ Return to me at the end of the week,” said she ; “ it will be time enough for you to express your gratitude when you can judge how much reason you have to be obliged to me.” Delighted with his success, and eager to communicate the happy tidings to his wife and family, John returned home. “ I shall no longer,” said he to himself, “ be disgusted with the con- trast of the rich and the poor : what they lose must be our gain, and we shall see whether things will not now go on in a different manner.” His wife, however, did not receive him with equal satisfaction ; for, on having gone to dress herself (it being Sunday) in her best cotton gown, she beheld it changed to a homely stuff; and her China tea-pot, given her by her land- lord’s wife, and on w T hich she set no small store, though the handle was broken, was converted into crockery ware ! She came with a woful countenance to com- municate these sad tidings to her husband. John hemmed and hawed, and at length wisely determined to keep his own counsel, instead of boasting of being the author of the changes which had taken place. Presently his little b 2 4 THE RICH AND THE POOR. boy came in crying. “ What ails you, Tommy?” said the father, half pettishly, and somewhat suspecting that he might have caused his tears also. “ Why, daddy,” replied the urchin, “ as I was playing at battledore with Dick, the shuttlecock flew away and was lost, and the battledores turned into two dry sticks, good for nothing but to be burnt.” — “ Psha ! ” cried the father, who was beginning to doubt whether he had not done a foolish thing. In order to take time to turn over the subject in his mind, and console himself for his disappointment, he called for his pipe. The good wife ran to fetch it, when, lo and behold ! the pipes were all dis- solved ! there was pipe-clay in plenty, but no means of smoking. Poor John could not refrain from an oath, and, in order to pacify him, his wife kindly offered him a pinch of snuff. He took the box : it felt light, and his mind mis- gave him as he tapped it. It was with too much cause; for, on opening it, he found it empty ! At length, being alone, he gave vent to his vexation and disappointment. “ I was a fool,” cried he, “ not to desire the Fairy to meddle with the luxuries of the rich only. God knows, we have so few, that it is very hard we should be deprived of them. I will return to her at the end of the week, and beg her to make an exception in our favour.” This thought THE RICH AND THE POOR. 5 consoled him for a while; but, long before the end of the week, poor John had abundance of cause to repent of all he had done. His brother Richard, who was engaged in a silk manufac- tory, was, with all the other weavers, turned out of work. The silk had disappeared ; the manufacturers, with ruin staring them in the face, had sent their workmen out upon the wide world. Poor John, conscience-struck, received his starving brother into his house.