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Writing: Answer to the Question on Rural Trade

Answer to the Question on Rural Trade, § 19

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§ 19

It is further maintained that rural trade ought to be prohibited because, when wealthy rural traders buy commodities from the country people at a good price, they can store them for a time and thereby raise the prices. In response to which I again ought to say that no price rise can occur when everyone can buy freely and sell freely. In any case, such stores of commodities, when they are selling at too low a price, are not as harmful as self­interest in the first place makes them out to be. Under conditions of free trade they are storehouses that prevent famine; and while they do raise the cost of the commodity slightly a price that would mean selling at a loss, they also prevent an unconscionable price inflation in hard times and thus ward off both of these extremes.

Lastly, it is also alleged that the reason for this prohibition is to prevent the monopolies that townsmen exercise when they travel round the country buying commodities to sell them in the towns. How can that be plausible? If one or two were licensed to purchase all the rural commodities in certain parishes, that would sound convincing, but when all possess the same freedom to purchase whatever and wherever they wish, it becomes quite impossible for any kind of monopolies to arise.

So feeble are the reasons and so volatile the vapours displayed before princes and legislators when one wishes to restrict by legislation the rights of a people that are founded in nature.

 

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