State or Merchant: Political Economy and Political Process in 1740s China
by Helen Dunstan
Harvard University Press, 2006 Cloth: 978-0-674-02262-1 Library of Congress Classification HC427.7.D864 2006 Dewey Decimal Classification 330.951032
ABOUT THIS BOOK | REVIEWS | TOC
ABOUT THIS BOOK
What did it mean to run a large, commercialized agrarian polity according to the best Confucian principles?
This book is intended as a contribution to both intellectual and political history. It is partly a study of how Confucian-trained officials thought about the grain trade and the state's role in it, particularly the "ever-normal granaries," the stockpiles of grain maintained by every county government as protection against shortages and high prices. The author investigates the scope and limits of belief in market forces among those critical of government intervention, establishing that rudimentary economic arguments for state withdrawal from the grain trade were available by 1750. She then explores challenges, from within the ruling apparatus, to the state's claim that its own stockpiling served the public interest, as well as the factors behind decisions in the mid- and late 1740s to suspend or decrease state purchases of grain.
As a study of Confucian government in action, this book describes a mode of public policy discussion far less dominated by the Confucian scriptures than one might expect. As a contribution to intellectual history, the work offers a detailed view of members of an ostensibly Confucian government pursuing divergent agendas around the question of "state or merchant?"
REVIEWS
Dunstan brings to life the fascinating story of the domestic Chinese grain trade during the 1740s, in particular the imperial state's attempt to control the buying and storing of grain in granaries throughout the country for the purpose of grain price stabilization and famine prevention. Her excellent, well-written analysis rests on the careful reading of a vast amount of archival documents written by Qing dynasty officials, and it invites the reader 'to spend time with them' in order to understand the thoughts, complex decision-making processes, and actions of Confucian bureaucrats. Dunstan's book approaches the problem of the state's role in the grain trade from the viewpoint of Chinese intellectual and political history but also addresses issues of interest to economic historians. Her study focuses on government actions against hoarders and the surprisingly challenging debate within the imperial bureaucracy about the state's policy of stockpiling grain and interference in the market. However, as the author convincingly argues, changing fiscal and militaristic priorities of the Qianlong emperor, rather than the decision to trust the market, were the reasons behind the decrease in state famine relief in mid-18th-century China.
-- E. Köll Choice
[T]his masterfully crafted book deserves a prominent position in both the political and economic histories of late imperial China.
-- Yingcong Dai Chinese Historical Review
TABLE OF CONTENTS
Contents
Tables, Maps, and Figures x
Weights, Measures, and Units of Currencyx
ii
Abbreviations and Citation Conventionsxii
i
Introduction 1
Part I Private-Sector Stockpiling: State
Versus Hoarder
1 Legal Ambiguity, Coercive Practice 15
What the Law Had to Say 17
Controlling Merchant Speculators
Through Statistics 31
Beatings and Forced Sales 41
2 The Subtler Ways of Handling Hoarders 55
Enter the Banner Grain Bureaus 58
Civility in Place of Chastisement 69
When the Strong Arm Menaced Landlords
84
3 Interventionism Questioned 91
A 1748 Manifesto Against the Busybody
State 95
Contra Price Controls and Grain Export
Embargoes 103
"Laws Should be Obeyed" 115
The Speculator Vindicated 129
How Market-Conscious Qing Officials
Thought the Market Worked 140
Part II Public-Sector Stockpiling: The
State As Hoarder?
4 The Issues in the Ever-Normal Granaries
Debate 151
Storage and Rotation Quotas 154
Granary Restocking and Grain Price
Inflation 166
The First Extreme Opponents of Official
Buying 181
Was There a Grain Trade Lobby? 189
5 A Sage and His Advisors: 1738-43 193
Fanfare for an Innovation 194
From Zeal to Disappointment 208
The First Retreat 214
Resistance to the 1743 Retreat 225
The Radicals Rebuffed 235
6 Overt and Covert: 1744-47 246
1744 Versus 1743: The Patterns in the
Reset Targets 247
From Obedient Modesty to Ambiguous
Ambition 253
Studentship Sales, Once More the
Panacea 264
The Ever-Normal System on the Brink277
The Rebirth of Controversy 284
Examining the Figures 294
7 The Grand Discussion: 1748-49 309
The Quest for Wisdom on the Sources of
Inflation 310
How the Vote Went 314
The Granaries' Defenders 322
Ambivalence Where Least Expected 333
The Granaries' Accusers 340
8 The Slashing of the Targets 348
The Options for Reform 349
Let There Be Cuts! 354
The Conservative Settlement of Early
1749 357
Why Did the Committee Cook the Books?
382
9 Of Loose Ends and Parallel Developments
406
Knowing Where to Stop 408
Let Able-Bodied Famine Refugees Fend
for Themselves! 416
Exit the Banner Grain Bureaus 429
The Landowners' Tax Holiday 445
Beat the Presumptuous to Death! 453
Conclusion: Political Economy or
Political Process? 465
Appendix
Appendix: Chronology of the Granaries
Debate 485
Reference Matter
Bibliography 491
Glossary 505
Index
511
State or Merchant: Political Economy and Political Process in 1740s China
by Helen Dunstan
Harvard University Press, 2006 Cloth: 978-0-674-02262-1
What did it mean to run a large, commercialized agrarian polity according to the best Confucian principles?
This book is intended as a contribution to both intellectual and political history. It is partly a study of how Confucian-trained officials thought about the grain trade and the state's role in it, particularly the "ever-normal granaries," the stockpiles of grain maintained by every county government as protection against shortages and high prices. The author investigates the scope and limits of belief in market forces among those critical of government intervention, establishing that rudimentary economic arguments for state withdrawal from the grain trade were available by 1750. She then explores challenges, from within the ruling apparatus, to the state's claim that its own stockpiling served the public interest, as well as the factors behind decisions in the mid- and late 1740s to suspend or decrease state purchases of grain.
As a study of Confucian government in action, this book describes a mode of public policy discussion far less dominated by the Confucian scriptures than one might expect. As a contribution to intellectual history, the work offers a detailed view of members of an ostensibly Confucian government pursuing divergent agendas around the question of "state or merchant?"
REVIEWS
Dunstan brings to life the fascinating story of the domestic Chinese grain trade during the 1740s, in particular the imperial state's attempt to control the buying and storing of grain in granaries throughout the country for the purpose of grain price stabilization and famine prevention. Her excellent, well-written analysis rests on the careful reading of a vast amount of archival documents written by Qing dynasty officials, and it invites the reader 'to spend time with them' in order to understand the thoughts, complex decision-making processes, and actions of Confucian bureaucrats. Dunstan's book approaches the problem of the state's role in the grain trade from the viewpoint of Chinese intellectual and political history but also addresses issues of interest to economic historians. Her study focuses on government actions against hoarders and the surprisingly challenging debate within the imperial bureaucracy about the state's policy of stockpiling grain and interference in the market. However, as the author convincingly argues, changing fiscal and militaristic priorities of the Qianlong emperor, rather than the decision to trust the market, were the reasons behind the decrease in state famine relief in mid-18th-century China.
-- E. Köll Choice
[T]his masterfully crafted book deserves a prominent position in both the political and economic histories of late imperial China.
-- Yingcong Dai Chinese Historical Review
TABLE OF CONTENTS
Contents
Tables, Maps, and Figures x
Weights, Measures, and Units of Currencyx
ii
Abbreviations and Citation Conventionsxii
i
Introduction 1
Part I Private-Sector Stockpiling: State
Versus Hoarder
1 Legal Ambiguity, Coercive Practice 15
What the Law Had to Say 17
Controlling Merchant Speculators
Through Statistics 31
Beatings and Forced Sales 41
2 The Subtler Ways of Handling Hoarders 55
Enter the Banner Grain Bureaus 58
Civility in Place of Chastisement 69
When the Strong Arm Menaced Landlords
84
3 Interventionism Questioned 91
A 1748 Manifesto Against the Busybody
State 95
Contra Price Controls and Grain Export
Embargoes 103
"Laws Should be Obeyed" 115
The Speculator Vindicated 129
How Market-Conscious Qing Officials
Thought the Market Worked 140
Part II Public-Sector Stockpiling: The
State As Hoarder?
4 The Issues in the Ever-Normal Granaries
Debate 151
Storage and Rotation Quotas 154
Granary Restocking and Grain Price
Inflation 166
The First Extreme Opponents of Official
Buying 181
Was There a Grain Trade Lobby? 189
5 A Sage and His Advisors: 1738-43 193
Fanfare for an Innovation 194
From Zeal to Disappointment 208
The First Retreat 214
Resistance to the 1743 Retreat 225
The Radicals Rebuffed 235
6 Overt and Covert: 1744-47 246
1744 Versus 1743: The Patterns in the
Reset Targets 247
From Obedient Modesty to Ambiguous
Ambition 253
Studentship Sales, Once More the
Panacea 264
The Ever-Normal System on the Brink277
The Rebirth of Controversy 284
Examining the Figures 294
7 The Grand Discussion: 1748-49 309
The Quest for Wisdom on the Sources of
Inflation 310
How the Vote Went 314
The Granaries' Defenders 322
Ambivalence Where Least Expected 333
The Granaries' Accusers 340
8 The Slashing of the Targets 348
The Options for Reform 349
Let There Be Cuts! 354
The Conservative Settlement of Early
1749 357
Why Did the Committee Cook the Books?
382
9 Of Loose Ends and Parallel Developments
406
Knowing Where to Stop 408
Let Able-Bodied Famine Refugees Fend
for Themselves! 416
Exit the Banner Grain Bureaus 429
The Landowners' Tax Holiday 445
Beat the Presumptuous to Death! 453
Conclusion: Political Economy or
Political Process? 465
Appendix
Appendix: Chronology of the Granaries
Debate 485
Reference Matter
Bibliography 491
Glossary 505
Index
511