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66.: ricardo to sinclair1[Reply to 65] - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 6 Letters 1810-1815 [1810]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 6 Letters 1810-1815.

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.


66.

ricardo to sinclair1
[Reply to 65]

Dear Sir,

I have not quite given up the Stock Exchange; but for a few months in the year, I mean to enjoy the calm repose of a country life.

Though I have a few acres of land in hand, I am not yet become a farmer. I leave the management of them wholly to others, and hardly take sufficient interest in what is going on, to make it probable that I shall ever be conversant with agricultural subjects.

The Stock Exchange is chiefly attended by persons who are unremittingly attentive to their business, and are well acquainted with its details; but there are very few in number who have much knowledge of political economy, and consequently they pay little attention to finance, as a subject of science. They consider more, the immediate effect of passing events, rather than their distant consequences. Amongst the most enlightened, I should name Mr.— —, Mr. —, Mr. — —, and Mr. — —1 ; but I cannot answer that they will be able to afford time, or feel sufficient zeal, to engage in financial discussions. I am going to write to my brother, Ralph Ricardo, who is a member of the Stock Exchange, and I will request him to mention your wish to the above gentlemen, so that they will be prepared for any application you may make to them. I am, Dear Sir, your obedient and humble servant,

David Ricardo.

[1 ]Correspondence of Sir John Sinclair, vol. i, p. 371; Letters to Trower, IV.

[1 ]The Correspondence omits the names ‘to prevent invidious comparisons.’ The list below, VII, 14, no doubt includes some of those who were mentioned here.