William Neilson Hancock

Summary

William Neilson Hancock On Irish absenteeism (1850)

If we want to trace the effect of any cause on national wealth, the simple way is to observe its effect on wages, on profits, and on rent. These are matters of every day observation, which those most interested can find out for themselves. If a man's wages are the same, it is a matter of no importance to him whether there are eight or ten millions of people earning the same wages. If the profits of his capital are the same, the capitalist need not care whether there is £10,000,000 or £50,000,000 of capital producing the same profit.
Source: Wikisource

William Neilson Hancock On Irish absenteeism (1850)

The size of the estate, by the mere operation of physical distance, necessarily isolates the proprietor, when resident, from the society of any of his equals; and his fortune, artificially enlarged by primogeniture, places him at a social distance from all who reside upon his estate. Thus the natural taste for the society of equals, and the natural desire of vieing with his equals in rank, in the display of his wealth, lead the wealthy proprietor to spend the greater portion of his time in the metropolis, in some foreign capital, or at some fashionable watering place.
Source: Wikisource

William Neilson Hancock On Irish absenteeism (1850)

We have next to consider the effects of the non-residence of wealthy absentees. In estimating the moral and political effects of the non-residence of this class of proprietors, there is an important distinction to be borne in mind. Where a very large property is, by the operation of primogeniture, concentrated in the hands of a single individual, his establishment is generally conducted on a scale of extravagance, and with an absence of prudence and economy, that has an injurious effect on the classes beneath him, leading the middle classes especially into vanity and extravagance.
Source: Wikisource

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