1773-1776. Aet. 50-53

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In the spring of 1773, Smith, having, as he thought, virtually completed the Wealth of Nations, set out with the manuscript for London, to give it perhaps some finishing touches and then place it in the hands of a publisher. But his labours had told so seriously on his health and spirits that he thought it not improbable he might die, and even die suddenly, before the work got through the press, and he wrote Hume a formal letter before he started on his journey, constituting him his literary executor, and giving him directions about the destination of the various unpublished manuscripts that lay in his depositories:—

My Dear Friend—As I have left the care of all my literary papers to you, I must tell you that except those which I carry along with me, there are none worth the publishing but a fragment of a great work which contains a history of the astronomical systems that were successively in fashion down to the time of Descartes. Whether that might not be published as a fragment of an intended juvenile work I leave entirely to your judgment, tho' I begin to suspect myself that there is more refinement than solidity in some parts of it. This little work you will find in a thin folio paper book in my writing-desk in my book-room. All the other loose paper which you will find either in that desk or within the glass folding-doors of a bureau which stands in my bedroom, together with about eighteen thin paper folio books, which you will likewise find within the same glass folding-doors, I desire may be destroyed without any examination. Unless I die very suddenly, I shall take care that the Papers I carry with me shall be carefully sent to you.—I ever am, my dear friend, most faithfully yours,

Adam Smith.

Edinburgh, 16th April 1773.

To David Hume, Esq., 9 St. Andrew's Square, Edinburgh.[229]

Smith went to London shortly after writing this letter, and spent most of the next four years there. We find him there in May 1773, for he is admitted to the Royal Society on the 27th of that month; he is there in September, for Ferguson then writes to him as if he were still there. He is there in February 1774, for Hume writes him in that month, "Pray what accounts are these we hear of Franklyn's conduct?"—a question he would hardly have addressed except to one in a better position for hearing the truth about Franklin than he was himself. He is there in September 1774, for he writes Cullen from town in that month, and speaks of having been for some time in it. He is there in January 1775, for on the 11th Bishop Percy met him at dinner at Sir Joshua Reynolds', along with Johnson, Burke, Gibbon, and others.[230] He is there in February, for a young friend, Patrick Clason, addresses a letter to him during that month to the care of Cadell, the bookseller, in the Strand. He is there in December, for on the 27th Horace Walpole writes the Countess of Ossory that "Adam Smith told us t'other night at Beauclerk's that Major Preston—one of two, but he is not sure which—would have been an excellent commander some years hence if he had seen any service. I said it was a pity that the war had not been put off till the Major should be some years older."[231] He returned to Scotland in April 1776, about a month after his book was issued, but we find him back again in London in January 1777, for his letter to Governor Pownall in that month is dated from Suffolk Street. Whether the first three years of his stay in London was continuous I cannot say, but it would almost appear so from the circumstance that nothing remains to indicate the contrary.

Those three years were spent upon the Wealth of Nations. Much of the book as we know it must have been written in London. When he went up to London he had no idea that any fresh investigations he contemplated instituting there would detain him so long. He wrote Pulteney, as we have seen, even in the previous September that the book would be finished in a few months, and he led not only Hume but Adam Ferguson also to look for its publication in 1773. In a footnote to the fourth edition of his History of Civil Society, published in that year, Ferguson says, "The public will probably soon be furnished (by Mr. Smith, author of the Theory of Moral Sentiments) with a theory of national economy equal to what has ever appeared on any subject of science whatever." But the researches the author now made in London must have been much more important than he expected, and have occasioned extensive alterations and additions, so that Hume, in congratulating him on the eventual appearance of the work in 1776, writes, "It is probably much improved by your last abode in London." Whole chapters seem to have been put through the forge afresh; and on some of them the author has tool-marked the date of his handiwork himself.

A very circumstantial account of Smith's London labours at the book comes from America. Mr. Watson, author of the Annals of Philadelphia, says: "Dr. Franklin once told Dr. Logan that the celebrated Adam Smith when writing his Wealth of Nations was in the habit of bringing chapter after chapter as he composed it to himself, Dr. Price, and others of the literati; then patiently hear their observations and profit by their discussions and criticisms, sometimes submitting to write whole chapters anew, and even to reverse some of his propositions."[232]

Franklin's remark may have itself undergone enlargement before it appeared in print, but though it may have been exaggerated, there seems no ground for rejecting it altogether. Smith became acquainted with Franklin in Edinburgh in 1759, and could not fail to see much of him in London, because some of the most intimate of his own London friends, Sir John Pringle and Strahan, for example, were also among the most intimate friends of Franklin. Then a considerable proportion of the additions, which we know from the text of the Wealth of Nations itself to have been made to the work during this London period, bear on colonial or American experience.[233] And as Smith always obtained a great deal of his information from the conversation of competent men, no one would be more likely than Franklin to be laid under contribution or to be able to contribute something worth learning on such questions. The biographer of Franklin states that his papers which belong to this particular period "contain sets of problems and queries as though jotted down at some meeting of philosophers for particular consideration at home," and then he adds: "A glance at the index of the Wealth of Nations will suffice to show that its author possessed just that kind of knowledge of the American Colonies which Franklin was of all men the best fitted to impart. The allusions to the Colonies may be counted by hundreds; illustrations from their condition and growth occur in nearly every chapter. We may go further and say that the American Colonies constitute the experimental evidence of the essential truth of the book, without which many of its leading positions had been little more than theory."[234] It ought of course to be borne in mind that Smith had been in the constant habit of hearing much about the American Colonies and their affairs during his thirteen years in Glasgow from the intelligent merchants and returned planters of that city.

After coming to London Smith seems to have renewed his acquaintance with Lord Stanhope, who sought Smith's counsel as to a tutor for his ward the Earl of Chesterfield, and appointed Adam Ferguson on Smith's recommendation. The negotiations with Ferguson were conducted through Smith, and some of Ferguson's letters to Smith on the matter still exist, but contain nothing of any interest for the biography of the latter. But in contemplation of Ferguson's going abroad with the Earl of Chesterfield, Hume, ever anxious to have his friend near him, sounds Smith on the possibility of his agreeing to act during Ferguson's absence as his substitute in the Moral Philosophy chair at Edinburgh. Smith, however, was apparently unwilling to undertake that duty. As we have already seen, he was strongly opposed to professorial absenteeism, and in the present case it was associated with unpleasant circumstances. The Town Council, the administrators of the College, refused to sanction Ferguson's absence, and called upon him either to stay at home or to resign his chair. Ferguson merely snapped his fingers, appointed young Dugald Stewart his substitute, and went off on his travels, quietly remarking that fools and knaves were necessary in the world to give other people something to do. Hume's letter is as follows:—

St. Andrew's Square, 13th February 1774.

Dear Smith—You are in the wrong for never informing me of your intentions and resolutions, if you have fix'd any. I am now obliged to write to you on a subject without knowing whether the proposal, or rather Hint, which I am to give you be an absurdity or not. The settlement to be made on Ferguson is a very narrow compensation for his class if he must lose it. He wishes to keep it and to serve by a Deputy in his absence. But besides that this scheme will appear invidious and is really scarce admissible, those in the Town Council who aim at filling the vacancy with a friend will strenuously object to it, and he himself cannot think of one who will make a proper substitute. I fancy that the chief difficulty would be removed if you could offer to supply his class either as his substitute or his successor, with a purpose of resigning upon his return. This notion is entirely my own, and shall never be known to Ferguson if it appear to you improper. I shall only say that he deserves this friendly treatment by his friendly conduct of a similar kind towards poor Russell's family.

Pray what strange accounts are these we hear of Franklyn's conduct? I am very slow in believing that he has been guilty in the extreme degree that is pretended, tho' I always knew him to be a very factious man, and Faction next to Fanaticism is of all passions the most destructive of morality. I hear that Wedderburn's treatment of him before the Council was most cruel without being in the least blamable. What a pity![235]