The Online Library of Liberty

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• Abbreviations
• 150.: Ricardo to Malthus1[reply to 146 & 148.—ANSWERED By 152]
• 151.: Mill to Ricardo1[reply to 149]
• 152.: Malthus to Ricardo2[reply to 150.—ANSWERED By 153]
• 153.: Ricardo to Malthus1[reply to 152]
• 154.: Trower to Ricardo1[reply to 147.—ANSWERED By 156]
• 155.: Ricardo to Murray2
• 156.: Ricardo to Trower3[reply to 154.—ANSWERED By 159]
• 157.: Ricardo to Malthus1[answered By 158]
• 158.: Malthus to Ricardo1[reply to 157.—ANSWERED By 160]
• 159.: Trower to Ricardo2[reply to 156.—ANSWERED By 161]
• 160.: Ricardo to Malthus2[reply to 158]
• 161.: Ricardo to Trower3[reply to 159]
• 162.: Ricardo to Malthus3[answered By 163]
• 163.: Malthus to Ricardo2[reply to 162]
• 164.: Crombie to Ricardo1
• 165.: Trower to Ricardo1
• 166.: Ricardo to Malthus1
• 167.: Ricardo to Mcculloch1[answered By 190]
• 168.: Broadley to Ricardo1[answered By 169]
• 169.: Ricardo to Broadley1[reply to 168]
• 170.: Trower to Ricardo1[answered By 171]
• 171.: Ricardo to Trower1[reply to 170.—ANSWERED By 176]
• 172.: Malthus to Ricardo1[answered By 174]
• 173.: Ricardo to Mill1[answered By 175]
• 174.: Ricardo to Malthus1[reply to 172.—ANSWERED By 178]
• 175.: Mill to Ricardo2[reply to 173.—ANSWERED By 177]
• 176.: Trower to Ricardo2[reply to 171]
• 177.: Ricardo to Mill1[reply to 175.—ANSWERED By 180]
• 178.: Malthus to Ricardo1[reply to 174.—ANSWERED By 179]
• 179.: Ricardo to Malthus2[reply to 178.—ANSWERED By 181]
• 180.: Mill to Ricardo1[reply to 177.—ANSWERED By 185]
• 181.: Malthus to Ricardo1[reply to 179.—ANSWERED By 182]
• 182.: Ricardo to Malthus1[reply to 181.—ANSWERED By 183]
• 183.: Malthus to Ricardo1[reply to 182.—ANSWERED By 184]
• 184.: Ricardo to Malthus1[reply to 183]
• 185.: Ricardo to Mill1[reply to 180.—ANSWERED By 186, 187 & 192]
• 186.: Mill to Ricardo1[reply to 185.—ANSWERED By 188]
• 187.: Mill to Ricardo1[reply to 185.—ANSWERED By 188]
• 188.: Ricardo to Mill1[reply to 186 & 187.—ANSWERED By 195]
• 189.: Ricardo to Mill1[answered By 195]
• 190.: Mcculloch to Ricardo1[reply to 167.—ANSWERED By 194]
• 191.: Trower to Ricardo2
• 192.: Mill to Ricardo1[reply to 185.—ANSWERED By 193]
• 193.: Ricardo to Mill1[reply to 192.—ANSWERED By 195]
• 194.: Ricardo to M2[reply to 190]
• 195.: Mill to Ricardo1[reply to 188, 189 & 193.—ANSWERED By 196]
• 196.: Ricardo to Mill2[reply to 195]
• 197.: Ricardo to Malthus2
• 198.: Trower to Ricardo2[answered By 201]
• 199.: Ricardo to Malthus2[answered By 200]
• 200.: Malthus to Ricardo2[reply to 199]
• 201.: Ricardo to Trower2[reply to 198.—ANSWERED By 203]
• 202.: Ricardo to Malthus1
• 203.: Trower to Ricardo1[reply to 201.—ANSWERED By 205]
• 204.: Ricardo to Malthus2
• 205.: Ricardo to Trower1[reply to 203.—ANSWERED By 209]
• 206.: Ricardo to Malthus2[answered By 207]
• 207.: Malthus to Ricardo2[reply to 206.—ANSWERED By 208]
• 208.: Ricardo to Malthus1[reply to 207]
• 209.: Trower to Ricardo2[reply to 205]
• 210.: Ricardo to Malthus1
• 211.: Ricardo to Malthus1
• 212.: Ricardo to Trower1[answered By 214]
• 213.: Ricardo to Malthus1
• 214.: Trower to Ricardo3[reply to 212]
• 215.: Ricardo to Sinclair1
• 216.: Trower to Ricardo1[answered By 217]
• 217.: Ricardo to Trower1[reply to 216]
• 218.: Ricardo to Barton1
• 219.: Ricardo to Trower1[answered By 224]
• 220.: Ricardo to Mill1
• 221.: Say to Ricardo1
• 222.: Ricardo to Malthus3[answered By 225]
• 223.: Ricardo to Mill1[answered By 227]
• 224.: Trower to Ricardo1[reply to 219.—ANSWERED By 226]
• 225.: Malthus to Ricardo1[reply to 222.—ANSWERED By 228]
• 226.: Ricardo to Trower1[reply to 224.—ANSWERED By 235]
• 227.: Mill to Ricardo2[reply to 223.—ANSWERED By 229]
• 228.: Ricardo to Malthus2[reply to 225]
• 229.: Ricardo to Mill1[reply to 227.—ANSWERED By 232]
• 230.: Ricardo to Malthus1[answered By 231]
• 231.: Malthus to Ricardo1[reply to 230.—ANSWERED By 233]
• 232.: Mill to Ricardo3[reply to 229.—ANSWERED By 234]
• 233.: Ricardo to Malthus1[reply to 231.—ANSWERED By 237]
• 234.: Ricardo to Mill1[reply to 232.—ANSWERED By 236]
• 235.: Trower to Ricardo2[reply to 226.—ANSWERED By 239]
• 236.: Mill to Ricardo1[reply to 234.—ANSWERED By 242]
• 237.: Malthus to Ricardo2[reply to 233.—ANSWERED By 240]
• 238.: Wakefield to Ricardo1
• 239.: Ricardo to Trower1[reply to 235]
• 240.: Ricardo to Malthus3[reply to 237]
• 241.: Say to Ricardo1[answered By 243]
• 242.: Ricardo to Mill1[reply to 236.—ANSWERED By 245]
• 243.: Ricardo to Say1[reply to 241]
• 244.: Wakefield to Ricardo1
• 245.: Mill to Ricardo1[reply to 242.—ANSWERED By 246]
• 246.: Ricardo to Mill1[reply to 245]
• 247.: Ricardo to Mill2
• 248.: Mcculloch to Ricardo1
• 249.: Ricardo to Trower2[answered By 254]
• 250.: Ricardo to Malthus1
• 251.: Grenfell to Ricardo1
• 252.: Malthus to Ricardo1
• 253.: Wakefield to Ricardo1
• 254.: Trower to Ricardo1[reply to 249.—ANSWERED By 255]
• 255.: Ricardo to Trower2[reply to 254]
• 256.: Ricardo to Malthus1[answered By 258]
• 257.: Whishaw to Ricardo1
• 258.: Malthus to Ricardo1[reply to 256]
• 259.: Trower to Ricardo1[answered By 261]
• 260.: Ricardo to Malthus1[answered By 264]
• 261.: Ricardo to Trower1[reply to 259.—ANSWERED By 268]
• 262.: Warburton to Ricardo1
• 263.: Ricardo to Mill2
• 264.: Malthus to Ricardo1[reply to 260.—ANSWERED By 266]
• 265.: Mcculloch to Ricardo1[answered By 267]
• 266.: Ricardo to Malthus1[reply to 264]
• 267.: Ricardo to Mcculloch1[reply to 265.—ANSWERED By 271]
• 268.: Trower to Ricardo2[reply to 261.—ANSWERED By 272]
• 269.: Ricardo to Sharp1
• 270.: Ricardo to Mill2[answered By 273]
• 271.: Mcculloch to Ricardo1[reply to 267.—ANSWERED By 285]
• 272.: Ricardo to Trower1[reply to 268.—ANSWERED By 276]
• 273.: Mill to Ricardo1[reply to 270.—ANSWERED By 274]
• 274.: Ricardo to Mill3[reply to 273]
• 275.: Ricardo to Mill2[answered By 278]
• 276.: Trower to Ricardo1[reply to 272.—ANSWERED By 279]
• 277.: Malthus to Ricardo1
• 278.: Mill to Ricardo1[reply to 275.—ANSWERED By 280]
• 279.: Ricardo to Trower1[reply to 276.—ANSWERED By 287]
• 280.: Ricardo to Mill2[reply to 278.—ANSWERED By 282]
• 281.: Ricardo to Murray2
• 282.: Mill to Ricardo2[reply to 280.—ANSWERED By 284]
• 283.: Ricardo to Murray1
• 284.: Ricardo to Mill4[reply to 282.—ANSWERED By 289]
• 285.: Ricardo to Mcculloch1[reply to 271.—ANSWERED By 290]
• 286.: Ricardo to Murray1
• 287.: Trower to Ricardo1[reply to 279.—ANSWERED By 295]
• 288.: Wakefield to Ricardo1
• 289.: Mill to Ricardo2[reply to 284]
• 290.: Mcculloch to Ricardo1[reply to 285.—ANSWERED By 300]
• 291.: Mill to Ricardo1[answered By 292]
• 292.: Ricardo to Mill3[reply to 291.—ANSWERED By 294]
• 293.: Ricardo to Murray1
• 294.: Mill to Ricardo4[reply to 292.—ANSWERED By 296]
• 295.: Ricardo to Trower2[reply to 287.—ANSWERED By 304]
• 296.: Ricardo to Mill1[reply to 294.—ANSWERED By 297]
• 297.: Mill to Ricardo1[reply to 296.—ANSWERED By 298]
• 298.: Ricardo to Mill4[reply to 297.—ANSWERED By 303]
• 299.: Mcculloch to Ricardo1[answered By 300]

197.

ricardo to malthus2

Gatcomb Park 3^d. Jan 1817

My dear Sir

A long time has elapsed since I had the pleasure of seeing you, during which time I have often intended writing as I did not hear from you, but my natural indolence prevailed, and I have procrastinated it till now. I had some faint hopes that you might be in the neighbouring county this vacation, in which case I should have hoped to prevail on you to pass a short time here, but I learnt from Mr. Binda, who is on a visit to Mr. Smith, that he had met with you at Holland house, and that it was not probable you would go far from home. I had previously enquired about you of our young neighbour George Clerk,—he, however, could only tell me you were well, he knew nothing about your intended movements.

By an advertisement in the public papers I perceive that you have been occupied in writing about your College,3 which I regret, as I believe the task was not very agreeable to you, and as it may have prevented you from proceeding with other works, in which I imagine you are more interested. I should be glad to hear that every thing you think defective in the College was remedied, and that it was placed on such a footing as to require only the ordinary routine of your attention.—

I have been occasionally employed, since we met,1 in putting my thoughts on paper, on the subjects which have often passed under our discussion. I have encountered the usual obstacles from difficulties of composition, but I have resolutely persevered till I have committed every thing to paper that was floating in my mind. There are a few points on which there is a shadow of difference between my present and my past opinions, but they are not those on which we could not agree. I hope I shall succeed in putting my MS. in some tolerable order, as on that will depend whether I shall again appear before the public. What I have hitherto done is rather a statement of my own opinions, than an attempt at the refutation of the opinions of others. Lately, however, I have been looking over Adam Smith, Say, and Buchanan and where I have seen passages in their works contrary to the principles I hold to be correct, I have noticed them, and shall perhaps make them the subject of some comment.

I fear I shall not have the satisfaction of receiving your acquiescence to my doctrines, particularly as I have reverted to my former views respecting taxes on raw produce.2 Whatever may be correct on that subject surely Adam Smith is wrong, as there are various passages in his book inconsistent with each other.3

We shall, I hope, soon meet, and renew our discussions on some of these difficult matters. I shall be in London on friday next, and hope to see you in Brook Street as our inmate, as soon after that day as business, or inclination, may draw you to London.

I want to hear your opinion of the measures lately adopted for the relief of the poor.1 I am not one of those who think that the raising of funds for the purpose of employing the poor is a very efficacious mode of relief, as it diverts those funds from other employments which would be equally if not more productive to the community. That part of the capital which employs the poor on the roads for example cannot fail to employ men somewhere and I believe every interference is prejudicial. Pray make my kind compliments to Mrs. Malthus and believe me

Ever Y^rs.

David Ricardo

[2 ]Addressed: ‘To / The Revd. T R Malthus / East India College / Hertford’.

MS at Albury.—Letters to Malthus, LII.

[3 ]Malthus’s Statements respecting the East India College, with an Appeal to Facts, in Refutation of the Charges lately brought against it, in the Court of Proprietors, London, Murray, 1817. The Preface is dated 4 January.

[1 ]This may refer either to their meeting at Gatcomb early in the summer (see p. 48), or to a meeting suggested by Ricardo for 17 October (see p. 80).

[2 ]For Ricardo’s ‘former views’ that such taxes are paid wholly by the consumer, see above, III, 241–2, IV, 34, n., and VI, 173; for their restatement at this time, I, 156–7.

[3 ]See quotations above, I, 183 ff., and 252 ff.

[1 ]The relief works carried on in London and various parts of the country since the autumn of 1816, with funds raised by private subscriptions; in Edinburgh 1600 men were employed in making and improving roads. Later, on 28 April 1817, the Chancellor of the Exchequer announced what has been described as ‘the first experiment of the century in what are now called Relief Works’: he proposed to issue Exchequer-bills to the amount of half-a-million for employing the poor on the completion of public works (W. Smart, Economic Annals, 1801–1820, p. 543).