The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany [1795]
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The Online Library of Liberty A Project Of Liberty Fund, Inc. David Ricardo, The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany [1795] The Online Library Of Liberty This E-Book (PDF format) is published by Liberty Fund, Inc., a private, non-profit, educational foundation established in 1960 to encourage study of the ideal of a society of free and responsible individuals. 2010 was the 50th anniversary year of the founding of Liberty Fund. It is part of the Online Library of Liberty web site http://oll.libertyfund.org, which was established in 2004 in order to further the educational goals of Liberty Fund, Inc. To find out more about the author or title, to use the site's powerful search engine, to see other titles in other formats (HTML, facsimile PDF), or to make use of the hundreds of essays, educational aids, and study guides, please visit the OLL web site. This title is also part of the Portable Library of Liberty DVD which contains over 1,000 books and quotes about liberty and power, and is available free of charge upon request. The cuneiform inscription that appears in the logo and serves as a design element in all Liberty Fund books and web sites is the earliest-known written appearance of the word “freedom” (amagi), or “liberty.” It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash, in present day Iraq. To find out more about Liberty Fund, Inc., or the Online Library of Liberty Project, please contact the Director at [email protected]. LIBERTY FUND, INC. 8335 Allison Pointe Trail, Suite 300 Indianapolis, Indiana 46250-1684 Online Library of Liberty: The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany Edition Used: The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 10 Biographical Miscellany. Author: David Ricardo Editor: Piero Sraffa Editor: Maurice Herbert Dobb About This Title: This volume is a collection of personal correspondence and first-person recollections that focus on Ricardo’s life outside of his political economic endeavors. These missives concern the aspects of Ricardo’s life that surround his character, his amiable and generous nature, his successful business dealings, and his personal relationships. It includes a memoir written by one of his brothers that sheds light about his family, his formative youth, and his education. There are chapters on his entrance into the stock market as a mere teenager and records of his meteoric climb within the financial community to an extremely successful station. PLL v6.0 (generated September, 2011) 2 http://oll.libertyfund.org/title/265 Online Library of Liberty: The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany About Liberty Fund: Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals. Copyright Information: First published by Cambridge University Press in 1951. Copyright 1951, 1952, 1955, 1973 by the Royal Economic Society. This edition of The Works and Correspondence of David Ricardo is published by Liberty Fund, Inc., under license from the Royal Economic Society. Fair Use Statement: This material is put online to further the educational goals of Liberty Fund, Inc. Unless otherwise stated in the Copyright Information section above, this material may be used freely for educational and academic purposes. It may not be used in any way for profit. PLL v6.0 (generated September, 2011) 3 http://oll.libertyfund.org/title/265 Online Library of Liberty: The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany Table Of Contents Preface A Memoir of Ricardo With Addenda Note On the Authorship of the Memoir Addenda to the Memoir of Ricardo I.: Introductory II.: The Family of Abraham Ricardo III.: The Delvalle Family IV.: Ricardo’s Childhood and Education V.: Independence and Marriage VI.: The Wilkinsons A Family Who’s Who I.: David Ricardo’s Brothers and Sisters II.: Ricardo’s Children Ricardo In Business Ricardo In Business I.: As a Jobber On the Stock Exchange II.: As Loan Contractor III.: A Canard IV.: Investments and Estates V.: Ricardo’s Will A Selection of Family and Private Letters I: Early Letters to J. H. Wilkinson 1.: Ricardo to Wilkinson1 2.: Ricardo to Wilkinson1 3: Ricardo to Wilkinson1 4: Ricardo to Wilkinson2 5: Ricardo to Wilkinson1 6: Ricardo to Wilkinson1 Other Correspondence With J.h. Wilkinson II: ‘ricardo’s Letter to the Old Doctor’ III: The Fraud of 5 May 1803 IV: The Loan of 1807 V: Jacob Ricardo VI: Two Sisters Decline a Present VII: A Visit to Cambridge VIII: A Letter to a Wine Merchant IX: The Cumberland Affair 1.: Sydney Cumberland to Ricardo3 2.: Sydney Cumberland to Ricardo1 3.: George Cumberland to Ricardo1 4.: Ricardo to George Cumberland 1 5.: George Cumberland to Ricardo1 6.: Ricardo to George Cumberland X: A Servant and Two Masters PLL v6.0 (generated September, 2011) 4 http://oll.libertyfund.org/title/265 Online Library of Liberty: The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany XI: Fanny’s Marriage Edward Austin Sen. to Ricardo 3 Ricardo to Edward Austin Sen. 1 XII: Ricardo to Miss Mary Ann From Maria Edgeworth’s Letters to Her Family 1.: To Her Stepmother Mrs Edgeworth From Gatcomb Park 9 Nov. 1821 2.: To the Same From Gatcomb Park 10 Nov. 1821 3.: To Her Sister Lucy Edgeworth From Gatcomb Park 12 Nov. 1821 4.: To Her Aunt Mrs Ruxton From London 9 March 1822 Journal of a Tour On the Continent 1822 Introductory Note to the Journal of a Tour On the Continent Appendices (a.) Bibliography of Ricardo’s Works (b.) a Survey of Ricardo Manuscripts (c.) Commonplace Books (d) Ricardo’s Library Supplement to Volume I New Evidence On the Subdivision of Chapter Viii of the ‘principles’ 1817 Supplement to Volume Iv Notes On ‘a Reply to Mr. Say’s Letters to Mr. Malthus’ Corrections to the First Printing of the Previous Volumes* Plan Of The Edition volumeI. Principles of Political Economy and Taxation II. Notes on Malthus III. Pamphlets and Papers, 1809–1811 IV. Pamphlets and Papers, 1815–1823 V. Speeches and Evidence VI. Letters, 1810–1815 VII. Letters, 1816–1818 VIII. Letters, 1819-June 1821 IX. Letters, July 1821–1823 X. Biographical Miscellany XI. General Index PLL v6.0 (generated September, 2011) 5 http://oll.libertyfund.org/title/265 Online Library of Liberty: The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany [Back to Table of Contents] PREFACE This volume, without pretensions to be a complete biography, is composed of materials which bear upon Ricardo’s life and character. It opens with a Memoir written by one of his brothers and to this has been attached, under the title of Addenda, some new information that has come to light about the patriarchal family into which he was born and about his youth and education until the final breach with his parents. There follow chapters on his business activity as a stock-jobber and loan- contractor, and on how he invested the fortune which he had made. Finally, a series of letters of a domestic character show Ricardo in a variety of moods and circumstances. The whole forms a sort of scrap-book illustrating those aspects and periods of his life which are not represented in the previous volumes. While the selection of private letters has none of the unity of the economic correspondence, it can be claimed that the selecting was largely done by Ricardo himself, in that they cover all the occasions on which he saw fit to keep, besides his correspondents’ letters, also a copy of his own. Of the other private letters which have been included, those to his brother-in-law J. H. Wilkinson are notable for antedating by fifteen years any letters of Ricardo that have hitherto been known. The Journal of a Tour on the Continent in 1822, which had previously been printed only for private circulation and with excisions, is now published in full. Thanks are due once more to the late Lt.-Col. H. G. Ricardo and to Mr Frank Ricardo, and also to Canon Horace Ricardo Wilkinson and to Mr Peter W. Ricardo, for their help in tracing the history of the family and for making available manuscripts and documents in their possession. Access to the records of the Bank of England has been made possible through the courtesy of Professor O. M. W. Sprague, when he was Economic Adviser to the Bank, and of Mr Humphrey Mynors, the present Deputy- Governor. Similarly, with respect to the records of the Stock Exchange, acknowledgement is due to Mr A. L. F. Green, late secretary of the Committee for General Purposes. Sir John Murray has kindly supplied information from the records of his publishing house, and the late Professor H. E. Butler from the papers of Maria Edgeworth. Great help in exploring the ancestry of Ricardo has been received from Mr Wilfred S. Samuel, from Mr Edgar R. Samuel and above all from the late Mr J. N. Nabarro. Finally the editor must thank Mrs Barbara Lowe for assistance in annotating the Journal, Dr Eduard Rosenbaum for research in Holland and Miss Ellen H. Green for enquiries into Ricardo’s connection with the Unitarian Chapel at Hackney. P.S. trinity college cambridgeApril 1954 PLL v6.0 (generated September, 2011) 6 http://oll.libertyfund.org/title/265 Online Library of Liberty: The Works and Correspondence of David Ricardo, Vol. 10 Biographical Miscellany Mrs David Ricardo c.1821 from the miniature by Thomas Heaphy.