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I do ask the right hon. Baronet what is the meaning of overproduction? It means that too much is produced; and what can be thought of a country which… - Richard Cobden
" "I do ask the right hon. Baronet what is the meaning of overproduction? It means that too much is produced; and what can be thought of a country which produces so much, and where the great mass of the inhabitants possess so little? Does it not show that there is some mal-distribution of production? It is because we have lost sight of that science which teaches the right distribution of wealth...Those who are so fond of laughing at political economy, forget that they have a political economy of their own; and what is it? That they will monopolise to themselves the fruits of the industry of the great body of the community—that they allow the productions of the spindle and the loom to go abroad to furnish them with luxuries from the farthest corners of the world, but refuse to permit to be brought back in exchange what would minister to the wants and comforts of the lower orders. This, in one word, is the true reason why the mass of the people is at this time so wretchedly clothed and so miserably fed.
English
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About Richard Cobden
(3 June 1804 – 2 April 1865) was a British manufacturer and Radical and Liberal statesman, associated with John Bright in the formation of the .
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Additional quotes by Richard Cobden
...the twelve or fifteen millions in the British Empire, who, while they possess no electoral rights, are yet persuaded they are freemen, and who are mystified into the notion that they are not political bondmen, by that great juggle of the ‘English Constitution’—a thing of monopolies, and Church-craft, and sinecures, armorial hocus-pocus, primogeniture, and pageantry!
I am ever solicitous for your future prosperity, and I wish that I could convince you, as I feel convinced, that it all depends upon your bringing out with spirit the talents you possess. I wish that I could impart to you a little of that Bonapartian feeling with which I am imbued—a feeling that spurs me on with the conviction that all the obstacles to fortune with which I am impeded, will (nay, shall) yield if assailed with energy. All is lost to you, if you succumb to those desponding views which you mentioned when we last spoke. Dame Fortune, like other fair ones, loves a brisk and confident wooer. I want to see you able to pitch your voice in a higher key, especially when you are espousing your own interests, and above all, never to see you yield or become passive and indifferent when your cause is just, and only wants to be spiritedly supported to be sure of a triumph. But all this must proceed from within, and can be only the fruits of a larger growth of spirit, to the cultivation of which without further lecture I most earnestly commend you.
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You have seized upon the most important of our social and political questions in the laws affecting the transfer of land. It is astonishing that the people at large are so tacit in their submission to the perpetuation of the feudal system in this country as it affects the property in land, so long after it has been shattered to pieces in every other country except Russia. The reason is, I suppose, that the great increase of our manufacturing system has given such an expansive system of employment to the population, that the want of land as a field of investment and employment for labour has been comparatively little felt. So long as this prosperity of our manufactures continues, there will be no great outcry against the landed monopoly. If adversity were to fall on the nation, your huge feudal properties would soon be broken up, and along with them the hereditary system of government under which contentedly live and thrive.
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