Important acquisitions

Letter from Governor Pownall to Adam Smith being an Examination of several points of doctrine, laid down in his 'Inquiry into the Nature and Causes of the Wealth of Nations'.

Author Pownall, Thomas.
Title Letter from Governor Pownall to Adam Smith being an Examination of several points of doctrine, laid down in his 'Inquiry into the Nature and Causes of the Wealth of Nations'.
Imprint London: J. Almon
Date of Publication 1776
Language English
Notes 4to, [11], 48 p. Without the errata slip, sometimes pasted onto the verso of the half-title. ESTC T55254 According to ESTC (English Short-Title Catalogue) and discussions with the main central belt libraries, there is no copy of this work in a public institution in Scotland. Reference to ABPC (American Book Prices Current) and BAR (Book Auction Records) demonstrates that no copy has come up for sale in the last twenty-five years (1975-1999). There are two imperfect copies in the British Library and a complete copy in Cambridge University Library, and there are a number of copies in the USA and one in Germany. The majority of copies are either lacking the half-title or errrata slip, or both. This is one of the earliest, if not the earliest, criticisms of Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations [hereafter Wealth of Nations] which was published earlier the same year. The author, Thomas Pownall (1722-1805), known as 'Governor Pownall' was Governor of the Massachusetts Bay Company between 1757 and 1759, very briefly Governor of South Carolina (late 1759 to early 1760) and, after quitting the American Colonies, sat as an MP between 1767 and 1780. In Parliament, and in his publications, Pownall was liberal in his views towards England's relationship with the American Colonists. He published on a wide range of subjects including the administration of the colonies, international trade and law. The publication of the Wealth of Nations in 1776 provoked an immediate response from Pownall and within a few months he produced 'A letter from Governor Pownall to Adam Smith ... being an Examination of several points of doctrine, laid down in his 'Inquiry into the Nature and Causes of the Wealth of Nations'' which though disagreeing with key elements in Smith's arguments remained very complimentary throughout and even prompted Smith to address him a letter of thanks for "his very great politeness" (DNB; Gent. Mag. 1795, ii, 634-5). Pownall's critique of Smith's book is one of the earliest to appear in print. His criticisms of the Wealth of Nations have been well summarised by a recent biographer of Smith: Pownall had a clear perception of Smith's system of political economy as a form of 'moral Newtonianism', and he thought that if it were corrected on the salient points he brought up, it might become an institutional work on which could be based lectures 'in our Universities'. The chief criticisms in the Letter were at Smith's formulations concerning price, patterns of trade, restraints on importation, and the monopoly of colony trade. (Ian Simpson Ross, The Life of Adam Smith (Oxford, 1995), p.346). Given the Library's strengths in material by and relating to Adam Smith and our international reputation as a repository for Enlightenment texts and manuscripts, this is an excellent addition.
Shelfmark RB.m.447
Acquired on 06/11/00
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