‘It contains a greater proportion of nutritious matter than any of the cerealia.’ Somerville's Physical Geography, vol. ii. p. 220.
95
It contains from 83.8 to 85.07 percent of starch. Brande's Chemistry, vol. ii. p. 1624; Thomson's Chemistry of Organic Bodies, p. 883.
96
It is difficult to collect sufficient evidence to strike an average; but in Egypt, according to Savary, rice ‘produces eighty bushels for one.’ Loudon's Encyclop. of Agriculture, p. 173. In Tennasserim, the yield is from 80 to 100. Low's History of Tennasserim, in Journal of Asiatic Society, vol. iii. p. 29. In South America, 250 fold, according to Spix and Martius (Travels in Brazil, vol. ii. p. 79); or from 200 to 300, according to Southey (History of Brazil, vol. iii. pp. 658, 806). The lowest estimate given by M. Meyen is forty fold; the highest, which is marsh rice in the Philippine Islands, 400 fold. Meyen's Geography of Plants, 1846, p. 301.
97
Elphinstone's History of India, p. 7. Ragi is the Cynosurus Corocanus of Linnæus; and, considering its importance, it has been strangely neglected by botanical writers. The best account I have seen of it is in Buchanan's Journey through the Countries of Mysore, Canara, and Malabar, vol. i. pp. 100–104, 285, 286, 375, 376, 403, vol. ii. pp. 103, 104, vol. iii. pp. 239, 240, 296, 297. In the large cities, millet is generally used; of which ‘a quantity sufficient for two meals may be purchased for about a halfpenny.’ Gibson on Indian Agriculture, in Journal of Asiatic Society, vol. viii. p. 100.
98
Marsden's History of Sumatra, pp. 56, 59; Raffles' History of Java, vol. i. pp. 39, 106, 119, 129, 240; Percival's Ceylon, pp. 337, 364; Transac. of Society of Bombay, vol. ii. p. 155; Transac. of Asiatic Society, vol. i. p. 510; Journal of Asiatic Society, vol. i. pp. 228, 247, vol. ii. pp. 44, 64, 251, 257, 262, 336, 344, vol. iii. pp. 8, 25, 300, 340, vol. iv. pp. 82, 83, 104, vol. v. pp. 241, 246; Asiatic Researches, vol. v. pp. 124, 229, vol. xii. p. 148, vol. xvi. pp. 171, 172; Journal of Geograph. Society, vol. ii. p. 86, vol. iii. pp. 124, 295, 300, vol. v. p. 263, vol. viii. pp. 341, 359, vol. xix. pp. 132, 137.
99
Rice, so far as I have been able to trace it, has travelled westward. Besides the historical evidence, there are philological probabilities in favour of its being indigenous to Asia, and the Sanscrit name for it has been very widely diffused. Compare Humboldt's Cosmos, vol. ii. p. 472, with Crawfurd's History of the Indian Archipelago, vol. i. p. 358. In the fourteenth century, it was the common food on the Zanguebar Coast; and is now universal in Madagascar. Travels of Ibn Batuta in Fourteenth Century, p. 56; Ellis's History of Madagascar, vol. i. pp. 39, 297–304, vol. ii. p. 292; Journal of Geograph. Society, vol. iii. p. 212. From Madagascar its seeds were, according to M'Culloch's Dictionary of Commerce, p. 1105, carried to Carolina late in the seventeenth century. It is now cultivated in Nicaragua (Squier's Central America, vol. i. p. 38) and in South America (Henderson's Hist. of Brazil, pp. 292, 307, 395, 440, 488), where it is said to grow wild. Compare Meyen's Geography of Plants, pp. 291, 297, with Azara, Voyages dans l'Amérique Méridionale, vol. i. p. 100, vol. ii. p. 80. The ancient Greeks, though acquainted with rice, did not cultivate it; and its cultivation was first introduced into Europe by the Arabs. See Humboldt, Nouvelle Espagne, vol. ii. pp. 409, 410.
100
So far as food is concerned, Diodorus Siculus notices the remarkable fertility of India, and the consequent accumulation of wealth. See two interesting passages in Bibliothec. Hist. lib. ii. vol. ii. pp. 49, 50, 108, 109. But of the economical laws of distribution he, like all the ancient writers, was perfectly ignorant.
101
An able and very learned apologist for this miserable people says, ‘The servility so generally ascribed to the Hindu is never more conspicuous than when he is examined as an evidence. But if it be admitted that he acts as a slave, why blame him for not possessing the virtues of a free man? The oppression of ages has taught him implicit submission.’ Vans Kennedy, in Transactions of the Society of Bombay, vol. iii. p. 144. Compare the observations of Charles Hamilton in Asiatic Researches, vol. i. p. 305.
102
The impossibility of having a standard of value, is clearly pointed out in Turgot's Réflexions sur la Formation et la Distribution des Richesses, in Œuvres, vol. v. pp. 51, 52. Compare Ricardo's Works, pp. 11, 28–30, 46, 166, 253, 270, 401, with M'Culloch's Principles of Political Economy, pp. 298, 299, 307.
103
Smith's Wealth of Nations, book i. chap. ix. p. 37; where, however, the proposition is stated rather too absolutely, since the risks arising from an insecure state of society must be taken into consideration. But that there is an average ratio between interest and profits is obvious, and is distinctly laid down by the Sanscrit jurists. See Colebrooke's Digest of Hindu Law, vol. i. pp. 72, 81.
104
Ricardo (Principles of Political Economy, chap. vi. in Works, p. 65) says, ‘whatever increases wages, necessarily reduces profits.’ And in chap. xv. p. 122, ‘whatever raises the wages of labour, lowers the profits of stock.’ In several other places he makes the same assertion, very much to the discomfort of the ordinary reader, who knows that in the United States, for instance, wages and profits are both high. But the ambiguity is in the language, not in the thought; and in these and similar passages Ricardo by wages meant cost of labour, in which sense the proposition is quite accurate. If by wages we mean the reward of labour, then there is no relation between wages and profits; for when rent is low, both of them may be high, as is the case in the United States. That this was the view of Ricardo is evident from the following passage: ‘Profits, it cannot be too often repeated, depend on wages; not on nominal but real wages; not on the number of pounds that may be annually paid to the labourer, but on the number of days' work necessary to obtain those pounds.’ Political Economy, chap. vii., Ricardo's Works, p. 82. Compare Mill's Principles of Political Economy, vol. i. p. 509, vol. ii. p. 225.
105
I take the estimate of Mr. Elphinstone (History of India, pp. 225–228) as midway between Sir William Jones (Works, vol. iii. p. 56) and Mr. Wilson (Rig Veda Sanhita, vol. i. p. xlvii.).
106
Institutes of Menu, chap. viii. sec. 140–142, in Works of Sir W. Jones, vol. iii. p. 295. The subsequent Sanscrit commentators recognize nearly the same rate of interest, the minimum being fifteen per cent. See Colebrooke's Digest of Hindu Law, vol. i. pp. 29, 36, 43, 98, 99, 237, vol. ii. p. 70.
107
In Colebrooke's Digest, vol. i. p. 454, and vol. iii. p. 229, Menu is called ‘the highest authority of memorial law,’ and ‘the founder of memorial law.’ The most recent historian of India, Mr. Elphinstone, says (Hist. of India, p. 83) ‘the code of Menu is still the basis of the Hindu jurisprudence; and the principal features remain unaltered to the present day.’ This remarkable code is also the basis of the laws of the Burmese, and even of those of the Laos. Journal of the Asiatic Society, vol. ii. p. 271, vol. iii. pp. 28, 296, 332, vol. v. p. 252.
108
See, in Mill's History of India, vol. i. p. 317, the report of a committee of the House of Commons in 1810, in which it is stated that the ryots paid ‘the heavy interest of three, four, and five per cent. per month.’ Ward, writing about the same time, mentions as much as seventy-five per cent. being given, and this apparently
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