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International
Economics
Eighteenth Edition
Robert J. Carbaugh
Professor of Economics, Central Washington University
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International Economics, © 2019, © 2017, © 2015
Eighteenth Edition
Copyright © 2023 Cengage Learning, Inc. ALL RIGHTS RESERVED.
Robert J. Carbaugh
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Brief Contents
Preface ���������������������������������������������������������������������������������������������������������������� xi
About the Author������������������������������������������������������������������������������������������� xviii
Chapter 1 The International Economy and Globalization����������������������������� 1
iii
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Contents
Preface ������������������������������������������������������������������������������������������������������������������ xi
About the Author ��������������������������������������������������������������������������������������������� xviii
Chapter 1
Chapter 2
iv
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Chapter 3
Chapter 4
Tariffs�������������������������������������������������������������������������������������������������������� 91
The Tariff Concept��������������������������������������������������������������������� 92 How a Tariff Burdens Exporters�������������������������������������������� 115
Types of Tariffs��������������������������������������������������������������������������� 93 Tariffs and the Poor: Regressive Tariffs�������������������������������� 117
Specific Tariff������������������������������������������������������������������������ 93 Could a Higher Tariff Put a Dent
Ad Valorem Tariff���������������������������������������������������������������� 94
in the Federal Debt?�������������������������������������� 119
Compound Tariff����������������������������������������������������������������� 94
Arguments for Trade Restrictions����������������������������������������� 120
Effective Rate of Protection������������������������������������������������������ 95
Job Protection��������������������������������������������������������������������� 120
Trade Protectionism Intensified as Global Protection against Cheap Foreign Labor������������������������ 121
Economy Fell into the Great Recession�������� 97 Fairness in Trade: A Level Playing Field������������������������� 123
Tariff Escalation������������������������������������������������������������������������� 98 Maintenance of the Domestic Standard
of Living������������������������������������������������������������������������� 124
Outsourcing and Offshore-Assembly Provision�������������������� 99
Equalization of Production Costs������������������������������������ 124
Dodging Import Tariffs: Tariff Avoidance and Infant-Industry Argument������������������������������������������������ 125
Tariff Evasion���������������������������������������������������������������������� 100 Noneconomic Arguments������������������������������������������������� 125
Postponing Import Tariffs������������������������������������������������������ 102 The Political Economy of Protectionism������������������������������ 127
Bonded Warehouse������������������������������������������������������������ 102 A Supply and Demand View of
Foreign-Trade Zone����������������������������������������������������������� 103 Protectionism���������������������������������������������������������������� 128
Tariff Effects: An Overview���������������������������������������������������� 104 Was the U.S. Trade War with China
Tariff Welfare Effects: Consumer Surplus Worth It?������������������������������������������������������������������������ 129
and Producer Surplus�������������������������������������������������������� 105 Petition of the Candle Makers��������������������� 131
Tariff Welfare Effects: Small-Nation Model������������������������� 106 Summary����������������������������������������������������������������������������������� 131
Tariff Welfare Effects: Large-Nation Model������������������������� 109 Key Concepts and Terms�������������������������������������������������������� 132
The Optimal Tariff and Retaliation��������������������������������� 113 Study Questions������������������������������������������������������������������������ 132
Examples of U.S. Tariffs���������������������������������������������������������� 113 Exploring Further��������������������������������������������������������������������� 134
Contents v
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Chapter 5
Chapter 6
vi Contents
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Chapter 7
Chapter 8
Chapter 9
Contents vii
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Will Manufacturers Exit China for Vietnam? Multinational Enterprises as a Source of Conflict������������������� 273
It Is Difficult to Do������������������������������������������������ 263 Employment������������������������������������������������������������������������ 273
Supplying Products to Foreign Buyers: National Sovereignty���������������������������������������������������������� 274
Whether to Produce Domestically or Abroad��������������� 264 Transfer Pricing������������������������������������������������������������������ 274
Direct Exporting versus Foreign Direct International Labor Mobility: Migration������������������������������ 275
Investment/Licensing��������������������������������������������������� 264 The Effects of Migration���������������������������������������������������� 275
Foreign Direct Investment versus Licensing������������������ 266 Immigration as an Issue���������������������������������������������������� 278
Country Risk Analysis������������������������������������������������������������� 267 U.S. Immigration Laws������������������������������������������������������ 279
Is International Trade a Substitute for
Foreign Auto-Assembly Plants in the United States����������� 268 Migration?��������������������������������������������������������������������� 281
International Joint Ventures��������������������������������������������������� 269 Summary����������������������������������������������������������������������������������� 281
Welfare Effects�������������������������������������������������������������������� 270
Key Concepts and Terms�������������������������������������������������������� 282
Harley Sends Some of Its Production
Study Questions������������������������������������������������������������������������ 282
Abroad as Europeans Raise Tariffs������������� 272
Chapter 10
Chapter 11
viii Contents
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Indexes of the Foreign-Exchange Value of the Dollar: Uncovered Interest Arbitrage������������������������������������������� 337
Nominal and Real Exchange Rates�������������������������������������������� 328 Covered Interest Arbitrage (Reducing Currency Risk)������� 339
The Forward Market���������������������������������������������������������� 331 Foreign-Exchange Market Speculation��������������������������������� 340
The Forward Rate��������������������������������������������������������������� 331 Long and Short Positions�������������������������������������������������� 340
Relation between the Forward Rate and the Spot Rate�������� 332 How to Play the Falling (Rising) Dollar�������������������������� 342
Managing Your Foreign-Exchange Risk:
Foreign-Exchange Trading as a Career��������������������������������� 343
Forward Foreign-Exchange Contract������������������������ 333
Foreign-Exchange Traders Hired by Commercial
Case 1����������������������������������������������������������������������������������� 334
Banks, Companies, and Central Banks���������������������� 343
Case 2����������������������������������������������������������������������������������� 334
Do You Really Want to Trade Currencies?���������������������������� 344
Does Foreign Currency Hedging Pay Off?����������������������������� 336
Summary����������������������������������������������������������������������������������� 345
Currency Risk and the Hazards
of Investing Abroad�������������������������������������� 336 Key Concepts and Terms�������������������������������������������������������� 346
Interest Arbitrage, Currency Risk, and Hedging����������������� 337 Study Questions������������������������������������������������������������������������ 346
Exploring Further��������������������������������������������������������������������� 347
Chapter 12
Chapter 13
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Summary����������������������������������������������������������������������������������� 390 Study Questions������������������������������������������������������������������������ 391
Key Concepts and Terms�������������������������������������������������������� 391 Exploring Further��������������������������������������������������������������������� 391
Chapter 14
Chapter 15
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Preface
I believe the best way to motivate students to learn a subject is to demonstrate how it is used
in practice. The first seventeen editions of International Economics reflected this belief and
were written to provide a serious presentation of international economic theory with an
emphasis on current applications. Adopters of these editions strongly supported the inte-
gration of economic theory with current events.
The eighteenth edition has been revised with an eye toward improving this presentation
and updating the applications as well as including the latest theoretical developments. Like
its predecessors, this edition is intended for use in a one-quarter or one-semester course for
students having no more background than principles of economics. This book’s strengths
are its clarity, organization, and applications that demonstrate the usefulness of theory to
students. The revised and updated material in this edition emphasizes current applications
of economic theory and incorporates recent theoretical and policy developments in inter-
national trade and finance. Here are some examples.
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●● Does trade with China take away blue-collar American jobs?—Ch. 3
●● Would a tariff wall protect American jobs?—Ch. 4
●● Donald Trump’s border tax: How to pay for the wall—Ch. 4
●● Vaughan Basset Furniture and dumping—Ch. 5
●● United States lifts its restrictions on oil exports—Ch. 6
●● U.S. Export-Import Bank avoids shutdown—Ch. 6
●● Whirlpool agitates for antidumping tariffs on clothes washers—Ch. 5
●● Wage increases and China’s trade—Ch. 3
●● Government procurement policies and buy American—Ch. 5
●● Carbon tariffs—Ch. 6
●● Carrier agrees to keep jobs in Indiana—Ch. 6
●● Lumber imports from Canada—Ch. 6
●● Bangladesh’s sweatshop reputation—Ch. 7
●● Does the principle of comparative advantage apply in the face of job
outsourcing?—Ch. 2
●● Trade adjustment assistance—Ch. 6
●● North Korea and economic sanctions—Ch. 6
●● WTO rules against subsidies to Boeing and Airbus—Ch. 6
●● Does wage insurance make free trade more acceptable to workers?—Ch. 6
●● China’s hoarding of rare earth metals declared illegal by WTO—Ch. 6
●● The environment and free trade—Ch. 6
Trade Conflicts between Developing Nations and Industrial Nations
●● Made in China 2025—Ch. 7
●● Forced technology transfer and China—Ch. 7
●● Russia hit by sanctions over Ukraine—Ch. 6
●● U.S. economic sanctions and Iran—Ch. 6
●● China’s economic challenges—Ch. 7
●● U.S.-Mexico tomato dispute—Ch. 8
●● Canada’s immigration policy—Ch. 9
●● Is international trade a substitute for migration?—Ch. 3
●● Economic growth strategies—import substitution versus export-led growth—Ch. 7
●● Does foreign aid promote the growth of developing countries?—Ch. 7
●● The globalization of intellectual property rights—Ch. 7
●● Microsoft scorns China’s piracy of software—Ch. 7
●● China’s export boom comes at a cost: How to make factories play fair—Ch. 7
●● Do U.S. multinationals exploit foreign workers?—Ch. 9
Liberalizing Trade: The WTO versus Regional Trading Arrangements
●● Modernizing NAFTA: The USMCA—Ch. 8
●● Britain’s exit from the European Union—Ch. 8
●● Free-trade agreements bolster Mexico—Ch. 8
●● Does the WTO reduce national sovereignty?—Ch. 6
●● Regional integration versus multilateralism—Ch. 8
●● Will the euro survive?—Ch. 8
Turbulence in the Global Financial System
●● Will crypto currencies lower the dollar’s status as the world’s reserve currency?—Ch. 10
●● Computer software programs and arbitrage—Ch. 11
●● Foreign currency trading becomes automated—Ch. 11
xii Preface
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●● Is Trump’s trade doctrine misguided?—Ch. 10
●● Germany’s current account surplus—Ch. 10
●● Reserve currency burdens for the United States—Ch. 11
●● Exchange rate misalignments—Ch. 12
●● Does currency depreciation stimulate exports?
●● China announces currency independence—Ch. 16
●● People’s Bank of China punishes speculators—Ch. 11
●● Currency manipulation and currency wars—Ch. 15
●● Paradox of foreign debt: How the United States borrows at low cost—Ch. 10
●● Why a dollar depreciation may not close the U.S. trade deficit—Ch. 14
●● Japanese firms send work abroad as yen makes its products less
competitive—Ch. 14
●● Preventing currency crises: Currency boards versus dollarization—Ch. 15
●● Should the United States return to the gold standard?—Ch. 17
Preface xiii
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Supplementary Materials
For Instructors
PowerPoint Slides The eighteenth edition also includes PowerPoint slides. These slides
can be easily downloaded from cengage.com. Slides may be edited to meet individual
needs. They may also serve as a study tool for students.
Acknowledgments
I am pleased to acknowledge those who aided me in preparing the current and past editions
of this textbook. Helpful suggestions and often detailed reviews were provided by:
■■ Burton Abrams, University of Delaware
■■ Richard Adkisson, New Mexico State University
■■ Richard Anderson, Texas A & M
■■ Brad Andrew, Juniata College
■■ Joshua Ang, Rogers State University
■■ Richard Ault, Auburn University
■■ Sofyan Azaizeh, University of New Haven
■■ Mohsen Bahmani-Oskooee, University of Wisconsin—Milwaukee
■■ Kevin Balsam, Hunter College
■■ J. Bang, St. Ambrose University
■■ Kelvin Bentley, Baker College Online
■■ Robert Blecker, Stanford University
■■ Scott Brunger, Maryville College
■■ Jeff W. Bruns, Bacone College
■■ Roman Cech, Longwood University
■■ John Charalambakis, Asbury College
■■ Mitch Charkiewicz, Central Connecticut State University
■■ Xiujian Chen, California State University, Fullerton
■■ Miao Chi, University of Wisconsin—Milwaukee
■■ Charles Chittle, Bowling Green University
■■ Howard Cochran, Jr., Belmont University
■■ Christopher Cornell, Fordham University
■■ Elanor Craig, University of Delaware
■■ Manjira Datta, Arizona State University
■■ Ann Davis, Marist College
■■ Earl Davis, Nicholls State University
■■ Juan De La Cruz, Fashion Institute of Technology
■■ Firat Demir, University of Oklahoma
■■ Gopal Dorai, William Paterson College
■■ Veda Doss, Wingate University
■■ Seymour Douglas, Emory University
■■ Carolyn Fabian Stumph, Indiana University—Purdue University Fort Wayne
■■ Daniel Falkowski, Canisius College
xiv Preface
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■■ Farideh Farazmand, Lynn University
■■ Patrice Franko, Colby College
■■ Emanuel Frenkel, University of California—Davis
■■ Norman Gharrity, Ohio Wesleyan University
■■ Sucharita Ghosh, University of Akron
■■ Jean-Ellen Giblin, Fashion Institute of Technology (SUNY)
■■ Leka Gjolaj, Baker College
■■ Thomas Grennes, North Carolina State University
■■ Darrin Gulla, University of Kentucky
■■ Li Guoqiang, University of Macau (China)
■■ William Hallagan, Washington State University
■■ Jim Hanson, Willamette University
■■ Bassam Harik, Western Michigan University
■■ Clifford Harris, Northwood University
■■ John Harter, Eastern Kentucky University
■■ Seid Hassan, Murray State University
■■ Phyllis Herdendorf, Empire State College (SUNY)
■■ Pershing Hill, University of Alaska—Anchorage
■■ David Hudgins, University of Oklahoma
■■ Ralph Husby, University of Illinois—Urbana/Champaign
■■ Robert Jerome, James Madison University
■■ Mohamad Khalil, Fairmont State College
■■ Abdullah Khan, Kennesaw State University
■■ Wahhab Khandker, University of Wisconsin—La Crosse
■■ Robin Klay, Hope College
■■ William Kleiner, Western Illinois University
■■ Anthony Koo, Michigan State University
■■ Faik Koray, Louisiana State University
■■ Peter Karl Kresl, Bucknell University
■■ Fyodor Kushnirsky, Temple University
■■ Daniel Lee, Shippensburg University
■■ Edhut Lehrer, Northwestern University
■■ Jim Levinsohn, University of Michigan
■■ Martin Lozano, University of Manchester, UK
■■ Benjamin Liebman, St. Joseph’s University
■■ Susan Linz, Michigan State University
■■ Andy Liu, Youngstown State University
■■ Alyson Ma, University of San Diego
■■ Mike Marks, Georgia College School of Business
■■ Al Maury, Texas A&I University
■■ Michael McCully, High Point University
■■ Jose Mendez, Arizona State University
■■ Neil Meredith, West Texas A&M University
■■ Roger Morefield, University of St. Thomas
■■ John Muth, Regis University
■■ Tony Mutsune, Iowa Wesleyan College
■■ Mary Norris, Southern Illinois University
■■ John Olienyk, Colorado State University
Preface xv
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■■ Shawn Osell, Minnesota State University—Mankato
■■ Terutomo Ozawa, Colorado State University
■■ Peter Petrick, University of Texas at Dallas
■■ William Phillips, University of South Carolina
■■ Gary Pickersgill, California State University, Fullerton
■■ John Polimeni, Albany College of Pharmacy and Health Sciences
■■ Rahim Quazi, Prairie View A&M University
■■ Elisa Quennan, Taft College
■■ Chuck Rambeck, St. John’s University
■■ Teresita Ramirez, College of Mount Saint Vincent
■■ Elizabeth Rankin, Centenary College of Louisiana
■■ Surekha Rao, Indiana University Northwest
■■ James Richard, Regis University
■■ Suryadipta Roy, High Point University
■■ Daniel Ryan, Temple University
■■ Manabu Saeki, Jacksonville State University
■■ Nindy Sandhu, California State University, Fullerton
■■ Jeff Sarbaum, University of North Carolina, Greensboro
■■ Anthony Scaperlanda, Northern Illinois University
■■ William Schlosser, Lewis and Clark State College
■■ Juha Seppälä, University of Illinois
■■ Ben Slay, Middlebury College (now at PlanEcon)
■■ Gordon Smith, Anderson University
■■ Sylwia Starnawska, SUNY Empire State College
■■ Steve Steib, University of Tulsa
■■ Robert Stern, University of Michigan
■■ Paul Stock, University of Mary Hardin—Baylor
■■ Laurie Strangman, University of Wisconsin—La Crosse
■■ Hamid Tabesh, University of Wisconsin–River Falls
■■ Manjuri Talukdar, Northern Illinois University
■■ Nalitra Thaiprasert, Ball State University
■■ William Urban, University of South Florida
■■ Jorge Vidal, The University of Texas Pan American
■■ Adis M. Vila, Esq., Winter Park Institute Rollins College
■■ Grace Wang, Marquette University
■■ Jonathan Warshay, Baker College
■■ Darwin Wassink, University of Wisconsin—Eau Claire
■■ Peter Wilamoski, Seattle University
■■ Harold Williams, Kent State University
■■ Chong Xiang, Purdue University
■■ Afia Yamoah, Hope College
■■ Hamid Zangeneh, Widener University
I would like to thank my colleagues at Central Washington University—Tennecia Dacass,
Yurim Lee, Peter Gray, Koushik Ghosh, Peter Saunders, Toni Sipic, and Chad Wassell—for
their advice and help while I was preparing the manuscript. I am also indebted to Shirley
Hood who provided advice in the manuscript’s preparation and to Jeff Stinson for his sup-
port as Dean of the College of Business at Central Washington University. Special thanks to
xvi Preface
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
Terutomo Ozawa, Emeritus Professor of Economics, Colorado State University, whose
teaching and research in international economics inspired my interest in this field.
It has been a pleasure to work with the staff of Cengage Learning, especially Chris Rader
(Product Manager) and Jennifer Ziegler (Senior Project Manager) who provided many
valuable suggestions and assistance in seeing this edition to its completion. Thanks also to
Charu Verma (Vendor Content Manager) who orchestrated the content development of
this book. I also appreciate the meticulous efforts that Heather Mann did in the copyediting
of this textbook. Finally, I am grateful to my students, as well as faculty and students at other
universities, who provided helpful comments on the material contained in this new
edition.
I would appreciate any comments, corrections, or suggestions that faculty or students
wish to make so I can continue to improve this text in the years ahead. Please contact me!
Thank you for permitting this text to evolve to the eighteenth edition.
Bob Carbaugh
Department of Economics
Central Washington University
Ellensburg, Washington 98926
Email: Carbaugh@cwu.edu
Preface xvii
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About the Author
When students take my economics courses at Central Washington University, on the first
day of class I ask them to stand up, go around the classroom, and meet all of the other stu-
dents in the class. I feel that we are a community of learners and that getting to know each
other is very important. So allow me to tell you a little about myself and how I became the
author of International Economics.
I was born in the year that the famous British economist, John Maynard Keynes died
(you can look it up if you wish). I proudly remind my fellow economists that this allows me
to be the successor of Keynes, and that since that time all great ideas come from me. How-
ever, I can’t figure out why they are not impressed with my conclusion—to me, it seems
obvious. But it should be noted that I was born without much hair, and I maintain this
characteristic even today.
Growing up in Spokane, Washington, I came from a family of Mom and Dad and five
brothers and sisters. We lived in a modest three-bedroom house with one bathroom and
bunk beds for the kids. It was at this time that I first learned about productivity in terms of
not tying up the bathroom. Also, I enthusiastically played baseball from little-league
through high school. I was a pitcher who threw a fastball (it wasn’t that fast), a roundhouse
curveball, and a change-up. Being able to hit for a high percentage, I played left field while
not pitching. I also played club hockey, competed in local golf tournaments, and eventually
got into running 10K races.
As for music, 1950s rock was fun. Looking back in life, I wish that I had learned to play
a saxophone so I could have played in a 50s rock band. However, the folk music of the late
1950s and 1960s had the biggest musical influence on my life, and it still does. Without
musical background, my friends and I bought cheap guitars and learned how to play folk
songs while listening to 33 1/3 LPs (not CDs) by groups such as the Kingston Trio, Brothers
Four, and New Christy Minstrels. One of my friends became the banjo player with the
Brothers Four, which still makes CDs and plays at concerts worldwide.
By the time I went to Gonzaga University, I was becoming quite serious about my educa-
tion, and I enjoyed being challenged by my professors and fellow students. To help finance
my college education, I worked at many part-time jobs: I washed dishes at the student
dining hall, pumped gas and performed mechanical work at gasoline stations, stocked bot-
tles of liquor on the shelves of the Garland Liquor Store, drove a delivery truck with cement
blocks for the Spokane Block Co., bailed hay for farmers, and so on. These were learning
experiences. In 1969 I graduated from Gonzaga with a bachelor’s degree in economics and
a minor in philosophy/theology. It was at this time that I met my wife, Cathy—we now have
four daughters and nine grandchildren.
While attending Lewis and Clark High School, I thought about becoming a high school
social studies teacher. But along came economics classes at Gonzaga and I found a college
major that I was very excited about. During my junior year, one of my professors had to
miss two of his principles of economics classes. After my pleading with him, he allowed me
to be his substitute teacher, and I presented lectures dealing with supply and demand. A
“light bulb” turned on in my head, and I knew what career I wanted to pursue—a college
economics professor. But this required getting an advanced degree in economics. So off
xviii
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faintest reflection in the pages of this diary. Even the Mischianza—
that marvellous combination of ball, banquet, and tournament—is
dismissed in a few brief sentences. “Ye scenes of Vanity and Folly,”
says the home-staying Quaker wife, though still without any
rancorous disapprobation of the worldly pleasures in which she has
no share. To withstand steadfastly the allurements of life, yet pass no
censure upon those who yield to them, denotes a gentle breadth of
character, far removed from the complacent self-esteem of the “unco
guid.” When a young English officer, whom Elizabeth Drinker is
compelled to receive under her roof, gives an evening concert in his
rooms, and the quiet house rings for the first time with music and
loud voices, her only comment on the entertainment is that it was
“carried on with as much soberness and good order as the nature of
the thing admitted.” And when he invites a dozen friends to dine with
him, she merely records that “they made very little noise, and went
away timeously.” It is a good tonic to read any pages so free from
complaints and repining.
The diary bears witness to the sad distress of careless
merrymakers when the British army prepared to take the field, to the
departure of many prominent Tories with Admiral Howe’s fleet, and
to the wonderful speed and silence with which Sir Henry Clinton
withdrew his forces from Philadelphia. “Last night,” writes Elizabeth
on the 18th of June, 1778, “there were nine thousand of ye British
Troops left in Town, and eleven thousand in ye Jerseys. This
morning, when we arose, there was not one Red-Coat to be seen in
Town, and ye Encampment in ye Jerseys had vanished.”
With the return of Congress a new era of discomfort began for
the persecuted Friends, whose houses were always liable to be
searched, whose doors were battered down, and whose windows
were broken by the vivacious mob; while the repeated seizures of
household effects for unpaid war taxes soon left rigid members of
the society—bound at any cost to obey the dictates of their
uncompromising consciences—without a vestige of furniture in their
pillaged homes. “George Schlosser and a young man with him came
to inquire what stores we have,” is a characteristic entry in the
journal. “Looked into ye middle room and cellar. Behaved
complaisant. Their authority, the Populace.” And again: “We have
taxes at a great rate almost daily coming upon us. Yesterday was
seized a walnut Dining Table, five walnut Chairs, and a pair of large
End-Irons, as our part of a tax for sending two men out in the Militia.”
This experience is repeated over and over again, varied occasionally
by some livelier demonstrations on the part of the “populace,” which
had matters all its own way during those wild years of misrule. When
word came to Philadelphia that Lord Cornwallis had surrendered, the
mob promptly expressed its satisfaction by wrecking the houses of
Friends and Tory sympathizers. “We had seventy panes of glass
broken,” writes Elizabeth calmly, “ye sash lights and two panels of
the front Parlour broke in pieces; ye Door cracked and violently burst
open, when they threw stones into ye House for some time, but did
not enter. Some fared better, some worse. Some Houses, after
breaking ye door, they entered, and destroyed the Furniture. Many
women and children were frightened into fits, and ’tis a mercy no
lives were lost.”
When peace was restored and the federal government firmly
established, these disorders came to an end; a new security reigned
in place of the old placid content; and a new prosperity, more
buoyant but less solid than that of colonial days, gave to
Philadelphia, as to other towns, an air of gayety, and habits of
increased extravagance. We hear no more of the men who went with
clubs from shop to shop, “obliging ye people to lower their prices,”—
a proceeding so manifestly absurd that “Tommy Redman, the
Doctor’s apprentice, was put in prison for laughing as ye Regulators
passed by.” We hear no more of houses searched or furniture carted
away. Elizabeth Drinker’s diary begins to deal with other matters,
and we learn to our delight that this sedate Quakeress was
passionately fond of reading romances;—those alluring, long-
winded, sentimental, impossible romances, dear to our great-
grandmothers’ hearts. It is true she does not wholly approve of such
self-indulgence, and has ever ready some word of excuse for her
own weakness; but none the less “The Mysteries of Udolpho” and its
sister stories thrill her with delicious emotions of pity and alarm. “I
have read a foolish romance called ‘The Haunted Priory; or the
Fortunes of the House of Rayo,’” she writes on one occasion; “but I
have also finished knitting a pair of large cotton stockings, bound a
petticoat, and made a batch of gingerbread. This I mention to show
that I have not spent the whole day reading.” Again she confesses to
completing two thick volumes entitled “The Victim of Magical
Illusions; or the Mystery of the Revolution of P—— L——,” which
claimed to be a “magico-political tale, founded on historic fact.” “It
may seem strange,” she muses, “that I should begin the year,
reading romances. ’Tis a practice I by no means highly approve, yet I
trust I have not sinned, as I read a little of most things.”
She does indeed, for we find her after a time dipping into—of all
books in the world—Rabelais, and retiring hastily from the
experiment. “I expected something very sensible and clever,” she
says sadly, “but on looking over the volumes I was ashamed I had
sent for them.” Mary Wollstonecraft’s “Vindication of the Rights of
Women” pleases her infinitely better; though she is unwilling to go so
far as the impetuous Englishwoman, in whom reasonableness was
never a predominant trait. Unrestricted freedom, that curbless
wandering through doubtful paths which end in social pitfalls, offered
no allurement to the Quaker wife in whom self-restraint had become
second nature; but her own intelligence and her practical capacity for
affairs made her respect both the attainments and the prerogatives
of her sex. In fact, she appears to have had exceedingly clear and
definite opinions upon most matters which came within her ken, and
she expresses them in her diary without diffidence or hesitation. The
idol of the Revolutionary period was Tom Paine; and when we had
established our own republic, the enthusiasm we felt for republican
France predisposed us still to believe that Paine’s turbulent
eloquence embodied all wisdom, all justice, and all truth. In
Philadelphia the French craze assumed more dangerous and absurd
proportions than in any other city of the Union. Her once decorous
Quaker streets were ornamented with liberty-poles and flower-strewn
altars to freedom, around which men and women, girls and boys,
danced the carmagnole, and shrieked wild nonsense about tyrants
and the guillotine. The once quiet nights were made hideous with
echoes of “Ça ira” and the Marseillaise. Citizens, once sober and
sensible, wore the bonnet rouge, exchanged fraternal embraces,
recited mad odes at dinners, and played tricks fantastic enough to
plunge the whole hierarchy of heaven into tears,—or laughter. “If
angels have any fun in them,” says Horace Walpole, “how we must
divert them!” Naturally, amid this popular excitation, “The Rights of
Man” and “The Age of Reason” were the best-read books of the day,
and people talked about them with that fierce fervour which forbade
doubt or denial.
Now Elizabeth Drinker was never fervent. Hers was that critical
attitude which unconsciously, but inevitably, weighs, measures, and
preserves a finely adjusted mental balance. She read “The Age of
Reason,” and she read “The Rights of Man,” and then she read
Addison’s “Evidences of the Christian Religion,” by way of putting
her mind in order, and then she sat down and wrote:—
“Those who are capable of much wickedness are, if their minds
take a right turn, capable of much good; and we must allow that Tom
Paine has the knack of writing, or putting his thoughts and words into
method. Were he rightly inclined, he could, I doubt not, say ten times
as much in favour of the Christian religion as he has advanced
against it. And if Lewis ye 17th were set up as King of France, and a
sufficient party in his favour, and Paine highly bribed or flattered, he
would write more for a monarchical government than he has ever
written on the other side.”
Yet orthodoxy alone, unsupported by intellect, had scant charm
for this devout Quakeress. She wanted, as she expresses it,
thoughts and words put into method. Of a most orthodox and pious
little book, which enjoyed the approbation of her contemporaries, she
writes as follows: “Read a pamphlet entitled ‘Rewards and
Punishments; or Satan’s Kingdom Aristocratical,’ written by John
Cox, a Philadelphian, in verse. Not much to the credit of J. C. as a
poet, nor to the credit of Philadelphia; tho’ the young man may mean
well, and might perhaps have done better in prose.”
“Pilgrim’s Progress,” however, she confesses she has read three
times, and finds that, “tho’ little thought of by some,” she likes it
better and better with each fresh reading. Lavater she admires as a
deep and original thinker, while mistrusting that he has “too good a
conceit” of his own theories and abilities; and the “Morals” of
Confucius she pronounces “a sweet little piece,” and finer than most
things produced by a more enlightened age.
This is not a bad showing for those easy old days, when the
higher education of women had not yet dawned as a remote
possibility upon any mind; and when, in truth, the education of men
had fallen to a lower level than in earlier colonial times. Philadelphia
was sinking into a stagnant mediocrity, her college had been robbed
of its charter, and the scholarly ambitions (they were never more
than ambitions) of Franklin’s time were fading fast away. Even
Franklin, while writing admirable prose, had failed to discover any
difference between good and bad verse. His own verse is as
cheerfully and comprehensively bad as any to be found, and he
always maintained that men should practise the art of poetry, only
that they might improve their prose. This purely utilitarian view of the
poet’s office was not conducive to high thinking or fine criticism; and
Elizabeth Drinker was doubtless in a very small minority when she
objected to “Satan’s Kingdom Aristocratical,” on the score of its
halting measures.
The most striking characteristic of our Quaker diarist is precisely
this clear, cold, unbiased judgment, this sanity of a well-ordered
mind. What she lacks, what the journal lacks from beginning to end,
is some touch of human and ill-repressed emotion, some word of
pleasant folly, some weakness left undisguised and unrepented. The
attitude maintained throughout is too judicial, the repose of heart and
soul too absolute to be endearing. Here is a significant entry,
illustrating as well as any other this nicely balanced nature, which
gave to all just what was due, and nothing more:—
“There has been a disorder lately among ye cats. Our poor old
Puss, who has been for some time past unwell, died this morning, in
ye 13th year of her age. Peter dug a grave two feet deep on ye bank
in our garden, under ye stable window, where E. S., Peter and I saw
her decently interred. I had as good a regard for her as was
necessary.”
Was ever affection meted out like this? Was there ever such
Quaker-like precision of esteem? For thirteen years that cat had
been Elizabeth Drinker’s companion, and she had acquired for her
just as good a regard as was necessary, and no more. It was not
thus Sir Walter spoke, when Hinse of Hinsdale lay dead beneath the
windows of Abbotsford, slain by the great staghound, Nimrod. It was
not thus that M. Gautier lamented the consumptive Pierrot. It is not
thus that the heart mourns, when a little figure, friendly and familiar,
sits no longer by our desolate hearth.
FRENCH LOVE-SONGS
recapture
That first fine careless rapture.
was perhaps too ungraciously candid. Such things, when said at all,
should be said prettily.
She deceiving,
I believing,—
What need lovers wish for more?
Nerval, like Villon, had drunk deep of the bitterness of life, but he
never permitted its dregs to pollute the clearness of his song:—
Et vent que l’on soit triste avec sobriété.
In the opinion of many critics, the lyric was not silenced, only
chilled, by the development of the classical spirit in France, and the
corresponding conversion of England. Its flute notes were heard now
and then amid the decorous couplets that delighted well-bred ears.
Waller undertook the reformation of English verse, and accomplished
it to his own and his readers’ radiant satisfaction; yet Waller’s seven-
year suit of Lady Dorothy Sidney is the perfection of that poetic love-
making which does not lead, and is not expected to lead, to anything
definite and tangible. Never were more charming tributes laid at the
feet of indifferent beauty; never was indifference received with less
concern. Sacharissa listened and smiled. The world—the august
little world of rank and distinction—listened and smiled with her,
knowing the poems were written as much for its edification as for
hers; and Waller, well pleased with the audience, nursed his passion
tenderly until it flowered into another delicate blossom of verse. The
situation was full of enjoyment while it lasted; and when the seven
years were over, Lady Dorothy married Henry, Lord Spencer, who
never wrote any poetry at all; while her lover said his last good-bye
in the most sparkling and heart-whole letter ever penned by
inconstant man. What would the author of “The Girdle,” and “Go,
Lovely Rose,” have thought of Browning’s uneasy rapture?