Adam Smith’s Invisible Hand

This coming summer Duke will host a 2016 NEH Summer Institute, titled “The History of Political Economy”. In preparation, the library is putting together a small exhibit of complementary materials from our collection. One of the items that will be on display is our first edition set of what is widely considered to be Adam Smith’s magnum opus,  An Inquiry into the Nature and Causes of the Wealth of NationsSmith’s 1776 text is most commonly known for coining the phrase “the invisible hand” to describe forces which guide free markets.

I am a big fan of the NPR podcast Planet Money, and over the years I have learned quite a bit about the significance of Smith (and this work in particular) through the show. Therefore, I was very excited to for the opportunity to examine this item and address some of the condition issues for each volume.  While Smith is mentioned frequently on Planet Money, two episodes explore the man and his work in greater depth:  “Adam Smith, Mama’s Boy” and “Adam Smith and the Not So Invisible Hand“.

The two volumes of this edition are in matching tightback bindings with single raised sewing supports. The spine and corners are covered in green goatskin with green marbled paper siding-up the boards. The spines are extensively decorated with gold tooling and there is some blind tooling on the faces of the boards. While I cannot determine if these are the original bindings, they appear to be contemporary to the text. The goal of this treatment was to stabilize each book, reattaching any loose pieces and making the bindings functional for safe display or use in the reading room. My repairs attempt to satisfy this goal with minimal alteration to the appearance of the books.

The first volume was in better condition, but had been damaged at the tail of the spine. The joints were splitting along this panel, the tailcap was missing entirely, and the leather was continuing to lift where the damage had occurred.

Volume 1 -Before and After Treatment
Volume 1 -Before and After Treatment (click image to enlarge)

While the sewing supports all remained intact and the boards were securely attached, the splitting along the tail end joints and the risk of additional loss was a concern. After fully lifting the leather away from the tail panel of the spine, the textblock spine was lined with thin Japanese paper and wheat starch paste. An extended lining of bias-cut airplane linen was then adhered on top. The extended pieces of this lining were split and adhered on either side of the board using David Brock’s board reattachment method. Finally, the volume was rebacked with a thick Kozo fiber Japanese paper, toned to match the original leather. All original covering materials were readhered.

The front board of the second volume was nearly detached, hanging on by just a single thread! I began by carefully lifting the leather at the boards and spine to gain access to the textblock.

Volume 2 - Before and After
Volume 2 – Before and After

As with the first volume, new structural board attachment was created with bias-cut linen transverse spine linings. The spine was rebacked with toned Kozo paper and the original covering materials were re-adhered. The edges of the reback material were lined up with the edges of the existing leather, to visually blend the repair materials with the original covering.

Repairs to the interior of the text were kept to a minimum as well.

Volume 1 front endsheets - Before and After
Volume 1 front endsheets – Before and After

It appears that the endsheets of both volumes had been replaced at some point with a thin wove paper. These new endsheets had become creased and were developing cracks and tears along the folds. Using local humidification techniques, the creases were flattened and tears were mended with thin Korean papers, toned to match.

The second volume features an interesting blank leaf with a large bookplate adhered to the recto.

Volume 2 bookplate - Before and After
Volume 2 bookplate – Before and After

The catalog record indicates that this item once belonged to Prince Lieven, the Russian ambassador to London from 1812-1834. This leaf is currently around 1/4″ shorter than the rest of the textblock and had a very poorly repaired tear along the head edge near the spine. During treatment, I was able to release this repaired piece and reattach it correctly along the tear. Strangely, when the torn corner was put back into place, the height of the leaf matched the rest of the textblock. My best guess is that the top edge of this leaf had become damaged at some point. Possibly when the new endsheets were added, this leaf was hastily repaired and trimmed down to have straight edges.

The last issue for me to deal with was the somewhat awkward enclosure. In more recent years, someone had constructed a double slipcase for the two volumes.

Double Slipcase: Before Treatment:
Double Slipcase: Before Treatment:

Each volume was also placed inside a cloth-covered 4-flap enclosure. 201516_107a_bt02

This was actually an enclosure solution that I had not seen before, and is a nice addition to my post about restraining enclosures. While the 4-flap does mitigate some of the dangers of a slipcase that a standard chemise cannot cover, having two books in one slipcase makes handling much more difficult. The case doesn’t have pull tabs or an easy way to extract a single book. The user must tip the entire set forward so that both books will slide out simultaneously. As you can imagine, this can be quite dangerous if the user isn’t being observant. Additionally, the 4-flap creates a very large footprint when open (see above).  As these enclosures were made fairly recently and not artifactually significant, we discussed with the curator the option of replacing them with standard cloth-covered clamshell boxes.

201516_107_at01

With the new board attachment, consolidated covering materials, and simpler enclosures, Mr. Smith is ready for engagement with human hands again. Check back with our Exhibits Page to see when this and other exciting items from the collection go on display.

 

One thought on “Adam Smith’s Invisible Hand”

  1. Adam Smith wrote The Theory of Moral Sentiments (1759) some 17 years prior to “An Inquiry into the Nature and Causes of the Wealth of Nations” (1776).

    In The Theory of Moral Sentiments he wrote of “an invisible hand” that is markedly different from the one published in Wealth.

    Here’s the excerpt:

    “The rich only select from the heap what is most precious and agreeable. They consume little more than the poor, and in spite of their natural selfishness and rapacity, though they mean only their own conveniency, though the sole end which they propose from the labours of all the thousands whom they employ, be the gratification of their own vain and insatiable desires, they divide with the poor the produce of all their improvements.

    They are led by an invisible hand to make nearly the same distribution of the necessaries of life, which would have been made, had the earth been divided into equal portions among all its inhabitants, and thus without intending it, without knowing it, advance the interest of the society, and afford means to the multiplication of the species.

    When Providence divided the earth among a few lordly masters, it neither forgot nor abandoned those who seemed to have been left out in the partition. These last too enjoy their share of all that it produces. In what constitutes the real happiness of human life, they are in no respect inferior to those who would seem so much above them. In ease of body and peace of mind, all the different ranks of life are nearly upon a level, and the beggar, who suns himself by the side of the highway, possesses that security which kings are fighting for.”

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