Life of Adam Smith eBook

John Rae (educator)
This eBook from the Gutenberg Project consists of approximately 551 pages of information about Life of Adam Smith.

Life of Adam Smith eBook

John Rae (educator)
This eBook from the Gutenberg Project consists of approximately 551 pages of information about Life of Adam Smith.
or art, or familiar old historical controversies, such as whether Brutus did well in killing Caesar?  Indeed, no subject was expressly tabooed except such as might stir up the Deistic or Jacobite strife—­in the words of the rules, “such as regard revealed religion, or which may give occasion to vent any principles of Jacobitism.”  But the great majority of the questions debated were of an economic or political character,—­questions about outdoor relief, entail, banking, linen export bounties, whisky duties, foundling hospitals, whether the institution of slavery be advantageous to the free? and whether a union with Ireland would be advantageous to Great Britain?  Sometimes more than one subject would be got through in a night, sometimes the debate on a single subject would be adjourned from week to week till it was thought to be thrashed out; and every member might speak three times in the course of a debate if he chose, once for fifteen minutes, and the other twice for ten.

The Select Society was, however, as I have said, more than a debating club; it aimed besides at doing something practical for the promotion of the arts, sciences, manufactures, and agriculture, in the land of its birth, and accordingly, when it was about ten months in existence, it established a well-devised and extensive scheme of prizes for meritorious work in every department of human labour, to be supported by voluntary subscriptions.  In the prospectus the society issued it says that, after the example of foreign academies, it had resolved to propose two subjects for competition every year, chosen one from polite letters and the other from the sciences, and to confer on the winner some public mark of distinction in respect to his taste and learning.  The reward, however, was not in this case to be of a pecuniary nature, for the principle of the society was that rewards of merit were in the finer arts to be honorary, but in the more useful arts, where the merit was of a less elevated character, they were to be lucrative.  On the same principle, in the arts the highest place was allowed to be due to genius, and therefore a reward for a discovery or invention was set at the very top of the tree, but still it was of a purely honorary character, a pecuniary recognition being thought apparently unsuitable to the dignity of that kind of service.  “The art of printing,” the prospectus goes on to say—­with a glance of satisfaction cast doubtless at the Foulis Press—­“the art of printing in this country needs no encouragement, yet as to pass it by unnoticed were slighting the merit of those by whose means alone it has attained that eminence, it was resolved that the best printed and most correct book which shall be produced within a limited time be distinguished by an honorary reward.”  On the other hand, the manufacture of paper was a thing that required encouragement in Scotland, because the Scotch at that time imported their paper from abroad, “from countries,” says the prospectus,

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Life of Adam Smith from Project Gutenberg. Public domain.