‘Economy’ means management and nothing more; and it is generally applied to the affairs of a house and family, which affairs are an object of the greatest importance, whether as relating to individuals or to a nation. A nation is made powerful and to be honoured in the world not so much by the number of its people as by the ability and characteristics of that people; and the ability and character of a people depend, in great measure, upon the economy of the several families, which, all taken together, make up the nation.
The man who by his own and his family?s labour, can provide a sufficiency of food and raiment, and a comfortable dwelling-place, is not a poor man?.
But it is necessary to the very existence of a people, that nine out of ten should live wholly by the sweat of their brow; and is it not degrading to human nature, that all nine-tenths should be called ‘poor’; and what is worse, call themselves poor and be contented in that degraded state? The laws, the economy or management, of a state may be such as to render it impossible for the labourer, however skilful and industrious, to maintain his family in health and decency; and such has, for many years past, been the management of the affairs of this once truly great and happy land.
