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17 Decr 1801
Maximum
Long introduced[?]
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In regard to this question I had remained in that state of self-conscious and
quiet ignorance, in which I have never found any difficulty in remaining in
regard to any question in which I had no particular motive for bestowing a
thorough examination suspended between what seemed to me to be a plain and primâ
facie conclusive argument on one side and the force of authority – the opinions
of the most esteemed authors /writers/, and of individuals whose opinions stood
the highest in my own estimation, on the other, when happening to take up /on
opening without any particular view/ a pamphlet which I had heard ascribed to a
late Secretary of the Treasury on the other, and to open it at a part /the
place/ where the topic of a maximum is touched upon, and the /a number of/
arguments against the measure /on the other side/ held up to view, I was struck
at the same time with the number and variety of them, and with their /the/
inconclusiveness of them /the whole collection/ for such it appeared to me on
the other. And is this all then said I, that there is to say against the
measure? – if so, then as I have all along suspected, the horror in which it has
been held by the best opinions has nothing but prejudice, and {an} /a too
indiscriminate/ attachment to general principles for its foundation /cause/: so
that the leaning which with or without sufficient cause I have now some reason
to entertain in favour of the measure has been confirmed if not altogether
produced by the arguments which in the eyes of the Hon. Gentleman formed a
sufficient ground for reprobating it
Looking upon the observations presented /delivered/ /made/ by the Hon. Gentleman
on that head as containing /constituting/ a pretty compleat index to any such
arguments as might be delivered /urged constructed/ on that side, though to any
view of the matter the arguments themselves
seemed
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Title: [17 Decr 1801 Maximum Long introduced]Description: 17 Decr 1801 Maximum Long introduced[?] 2 seemed to be yet to make, I will take the liberty of repeating them in the order in which they stand, accompanied with the respective reasons which have presented them to my view as being jointly as well as severally inconclusive.
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Title: [12 Dec.r 1801 Maximum Beginning]Description: 12 Dec.r 1801 Maximum Beginning Terms[?] 4 prevail on it to get the better of that propensity, and look out for /betake itself to/ a higher level, and this may serve as an argument in favour /support/ of maximum to any gentleman who finds himself disposed /feels in himself a propensity/ to consider it as such. [marginal note:] I choose rather to remain unread than feed readers with such arguments.
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Title: [10 Decr 1801 Maximum 6. Scarcity]Description: 10 Decr 1801 Maximum 6. Scarcity Crops 3 It may be rejected /set down/ /noted down/ as no better than an argument ad hominem, if I were to call to mind upon this occasion as upon a former, that the case of the scarcity-crop farmers which is here regarded as the prevailing one which is here assumed /taken up/ as having a claim to be the measure and standard of the desirable rate in regard of price is thrown out of the question, that the cause of this unfortunate class so decidedly taken up and patronized, is in less than six pages after given up and deserted. Of two inconsistent propositions the Hon: Gentleman will at all times /any time/ be at liberty to adhere to which he pleases, though he can not well adhere to both at the same time, he may at any time, on condition of giving up the other /one/ adhere to either. On the terms of acknowledging that the measure we have seen him announcing with complacency and which on that ground I will venture till corrected to call his measure – the measure of encouraging importation for the express purpose of keeping down the price – upon the terms I say of giving up this /his/ measure of his, he may at any time abide by /adhere to/ this argument which is more particularly and exclusively /decidedly/ his own /he may at any time make his election/. He may say happen what will to the consumers – I will take care of the unfortunate part of the farmers I will bring them whole at any rate. The
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