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Front Page arrow Titles (by Subject) arrow COTTON WEAVERS 28 June 1820 - The Works and Correspondence of David Ricardo, Vol. 5 Speeches and Evidence

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COTTON WEAVERS 28 June 1820 - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 5 Speeches and Evidence [1819]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 5 Speeches and Evidence 1815-1823.

Part of: The Works and Correspondence of David Ricardo, 11 vols (Sraffa ed.)

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


COTTON WEAVERS
28 June 1820

Mr. Maxwell moved for a select committee to inquire into the means of relieving the distress of the cotton weavers. Amongst the plans to be considered he mentioned: the taxing of ‘a machine called “a power-loom”’ which competed with the simple loom of the individual weaver (‘the capital of the poor man, which consisted in the labour of his two hands, must bear the burden of taxation, since those articles, without which he could not exist, were taxed; while the large capital of the wealthy manufacturer, which he invested in a machine, was suffered to escape any contribution to the revenue’); and the application of public money to provide lands for those who could obtain no employment at their looms. Mr. Robinson opposed the motion.

Mr. Ricardo said, that he conceived the duty of government to be, to give the greatest possible development to industry. This they could do only by removing the obstacles which had been created. He complained therefore of government on very different grounds from the hon. mover, for his complaint was against the restrictions on trade, and other obstacles of that description, which opposed the development of industry. The recommendations of the hon. mover were inconsistent with the contrast between one class and another. If government interfered, they would do mischief and no good. They had already interfered, and done mischief by the poor laws. The principles of the hon. mover would likewise violate the sacredness of property, which constituted the great security of society.

The motion was withdrawn.