Volume 59 / Part 2 — THE FALL OF ROME. (continued 2)
Reading edition
It must appear, at first sight, not a little extraordinary that the very causes which thus evidently led to the destruction of Rome, viz., the unlimited importation of foreign grain and contraction of the currency, are those which have been most the object of the policy of the British government, for the last quarter of a century, by every possible means to promote in this country. They were imposed upon Rome by necessity. The extension of the empire over Spain, Africa, and Egypt, as well as the magnanimous policy of its government towards all its subjects, rendered a free trade in grain with the provinces, and large importations from the great corn countries, unavoidable. Public misfortunes, the increasing luxury of the rich, that very great importation of grain itself, the failure of the Spanish and Grecian mines, and the entire want of any paper currency to supply the place of the metals thus largely abstracted, necessarily and unavoidably forced this calamitous contraction of the currency upon the Roman empire. But the British policy has adopted the same principles, and done the same things, when no necessity or external pressure rendered it unavoidable. A free trade in grain is to be introduced, not in favour of distant provinces of the empire, but of its neighbours and its enemies. The currency has been contracted, not by public calamities, or any deficiency in the means of supplying the failure of the ordinary sources of gold and silver, but by the fixed determination of government, carried into execution by repeated acts of Parliament in 1819, 1826, and 1844, to abridge the paper circulation, and deprive the nation of the benefit of the great discovery of modern times, by which the calamitous effects of the diminution in the supply of the precious metals throughout the world have been so materially prevented.
Such a result must appear under all circumstances strange, and would be inexplicable, if we did not reflect, that the same impulse which was communicated to the measures of government in Rome by the influence of the capitalists and the clamorous inhabitants of great towns, is equally felt in the same stage of society in modern times. The people in our great cities do not call out, as in ancient days, for gratuitous distributions of corn from Lybia or Egypt; but they clamour just as loudly for free trade in grain with Poland and the Ukraine, which has the effect of swamping the home-grower quite as completely. The great capitalists do not make colossal fortunes by the plunder of subject provinces, as in the days of the Roman proconsuls; but they never cease to exert their influence to procure a contraction of the currency by the measures of government, which answers the purpose of augmenting their fortunes at the expense of the industrious classes just as well. Political writers, social philosophers, practical statesmen, fall in with the prevailing disposition of the most influential classes; they deceive themselves into the belief that they are original, and promulgating important truths, when they are merely yielding to the pressure of the strongest, or at least the most noisy, class at the moment in society. The Reform Bill gave three-fifths of the British representation to the members for boroughs. From that moment the eventual adoption of legislative measures favourable to the interests of capital, and agreeable to the wishes of the inhabitants of towns, how destructive soever to those of the country, was as certain as the daily distribution of Egyptian grain to the inhabitants of Rome, Antioch, and Constantinople was, when the mob of these cities became, from their formidable numbers, an object of dread to the Roman government.
The only answer which the partisans of free trade in grain have ever attempted to these considerations is, that the ruin of the agriculture in the central provinces of the Roman empire was owing, not to the importation of foreign corn as a mercantile commodity, but to its distribution gratuitously to the poorer citizens of Rome, Constantinople, and some of the larger cities in the empire. They admit, in its fullest extent, the decay of domestic agriculture, and consequent ruin of the state, but allege it was owing to this gratuitous distribution, which was in fact a poor-law, and not to the free trade in grain.[70] But a very little consideration must be sufficient to show that this is an elusory distinction; and that it was the unrestricted admission of foreign wheat by purchase, which in reality, coupled with the contraction of the currency, destroyed the dominion of the legions.
1. In the first place, the number who received these gratuitous distributions was, as already shown, so small, when compared to the whole body of the grain-consuming population, that they could not materially have affected the market for agricultural produce in Italy. Not more than 150,000 persons received rations in Rome daily, and perhaps as many in the other cities of Italy. What was this in a peninsula containing at that period sixteen or eighteen millions of souls, and with 2,300,000 in its capital alone?[71] It is evident that the gratuitous distributions of grain, taking those at their greatest extent, could not have embraced a fiftieth part of the Italian population. What ruined the agriculturists, who used to feed the remaining forty-nine fiftieths? The unlimited importation of cheap grain from Spain, Egypt, Sicily, and Lybia, and nothing else.
2. In the next place, even if the gratuitous distributions of grain had embraced twenty times the number which they did, nothing can be clearer than that the effect on agriculture is the same, whether cheap foreign grain is imported by the private importer, or bought and distributed by the government. If the home-grower loses his market, it is the same thing to him whether he does so from the effects of private importation or public distribution; whether his formidable competitor is the merchant, who brings the Lybian grain to the Tiber; or the government, which exacts it as a tribute from Sicily or Egypt. The difference is very great to the urban population, whether they receive their foreign grain in return for their own labour, or get it doled out to them from the government store as the price of keeping quiet. But to the rural cultivator it is immaterial, whether destruction comes upon him in the one way or the other. It is the importation of foreign grain which ruins him; and the effect is the same, whether the price paid for is the gold of the capitalist, or the blood of the legions.