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.

The practical execution of this scheme was committed to nine members of the society, who were to be chosen annually, and were to meet with the society once a month to report progress or receive instructions; but to keep this new task quite distinct from the old, the society resolved, like certain mercantile firms when they adopt a new branch of business, to carry it on under a new firm name, and for this purpose the Select Society of Edinburgh became “The Edinburgh Society for encouraging arts, sciences, manufactures, and agriculture in Scotland”; and the executive committee of nine were termed the “ordinary managers of the Edinburgh Society,” who were assisted by other nine “extraordinary managers.”  The Edinburgh Society was not, however, a separate institution; it was really only a special committee of the Select Society.  It met once a month at a separate time from the usual weekly meeting of the parent society, and the business of this monthly meeting came, from the predominant interest of the members, who were so largely composed of the nobility and gentry, to be engrossed almost wholly with agricultural discussions.  To render these discussions more effective and profitable, a resolution was passed in 1756 to admit a certain number of practical farmers to the membership.

This extension of the scope of the society’s work was not approved by its founder, Allan Ramsay, who thought it beneath the dignity of such an institution to take an interest in the making of ruffles or the brewing of strong ale, and feared besides that it would introduce a new set of very unintellectual members, to the serious prejudice of the society’s debates.  An essay on taste was very well, and when it came out he would ask Millar, the bookseller, to send it out to him in Rome, but a prize for the biggest bundle of linen rags!  “I could have wished,” he writes Hume, “that some other way had been fallen upon by which porter might have been made thick and the nation rich without our understanding being at all the poorer for it.  Is not truth more than meat, and wisdom than raiment?"[86] But however Ramsay might look down on the project, his coadjutor in the founding of the society, Adam Smith, entertained a very different idea of its importance.  A stimulus to the development of her industries was the very thing Scotland most needed at the moment, and he entered heartily into the new scheme, and took a prominent part in carrying it out.  He was not one of the nine managers to whom the practical execution of the idea was at first entrusted, but when a few months afterwards the work was divided among four separate committees or sections of five members each, all chosen by another committee of five, nominated expressly for that purpose, Smith is one of this nominating committee, and is by it appointed likewise a member of one of the four executive committees.  The other four members of the nominating committee were Alexander Monro Primus, the anatomist; Gilbert Elliot,

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Life of Adam Smith from Project Gutenberg. Public domain.