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" The internal competition which takes place soon does away every thing like monopoly, and, by degrees, reduces the price of the article to the minimum of a reasonable profit on the capital employed. This accords with the reason of the thing, and with experience. "
PRINCIPLES OF SOCIAL SCIENCE - Page 182
by H.C. CAREY - 1858
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Henry C. Carey and American Economic Development

Rodney Morrison - 2007 - 91 pages
...40 WD Grampp, "On the Politics of the Classical Economists," 736-39. soon does away with everything like monopoly, and by degrees reduces the price of...the minimum of a reasonable profit on the capital invested."42 Similarly, he asked: Does not your own experience prove that the more perfect the security...
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An historical, geographical, commercial, and philosophical view of ..., Volume 1

William Winterbotham - America - 1795
...the foreign article for which it is a fubftitute. The internal competition which takes place, foon does away every thing like monopoly, and by degrees...reduces the price of the article to the minimum of a reafonable profit on the capital employed. This accords with the reafon of the thing and with experience....
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The Analectic Magazine...: Comprising Original Reviews, Biography ..., Volume 9

1817
...substitute. The internal competition, which takes place, soon doe^s away every thing like monopolv, and by degrees reduces the price of the article to the minimum of"a reasonable profit on the capital employed. This accords with the reason of the thing and with...
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Niles Weekly Register, Volume 16

1819
...or never fails, to be sold cheaper, in process of time, than was the foreign article tor which iti» a substitute. The internal competition, which takes...reasonable profit on the capital employed. — This accords with the reason of thething and with experience. Whence it follows, that it is the interest...
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An Historical, Topographical, and Statistical View of the United ..., Volume 1

William Winterbotham - Zoology - 1819
...the foreign article for which it is a fubftitute. The internal competition which takes place, foon does away every thing like monopoly, and by degrees...reduces the price of the article to the minimum of a reafonablc profit on the capital employed. This accords with the reafon of the thing and witk experience....
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Niles Weekly Register, Volume 16

1819
...takes place, soon does away every thing like monopoly; and by degrees reduce* the price of the mrtiile to the minimum of a reasonable profit on the capital employed. This accords with the reason of the tiling, and with experience ." — Ifamiltun'a Works, vol. ip 212. •...
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Addresses of the Philadelphia society for the promotion of national industry

Mathew Carey, Lyman Beecher, Samuel Jackson, Philadelphia Society for the Promotion of National Industry - Protectionism - 1820 - 299 pages
...The internal competition which takes place, soon does away every thing like monopoly; and by degress REDUCES THE PRICE OF THE ARTICLE TO THE MINIMUM OF A REASONABLE PROFIT ON THE CAPITAL EMPLOYED. Tflis accords with the reason of the thing; and with experience."* The true tests of the excellence...
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john k skinner

agriculture horticulture - 1823
...foreign article.] "The internal competition which takes place, " soon does away every thing like a monopoly^ " and by degrees reduces the price of the article "to the minimum of a reasonable firojit on thecafii" tal employed." But we are not to depend on theory. We have the most satisfactory...
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The crisis: a solemn appeal to the President, the Senate and House of ...

Mathew Carey - Tariff - 1823 - 79 pages
...tvhich takes place, soon " does away every thing like monopoly ; and by degress REDUCES " THE PRICE TO THE MINIMUM OF A REASONABLE PROFIT ON " THE CAPITAL EMPLOYED. This accords with the reason of " the thing, and with experience"2 •••..«' - ' .' '. 3 Hamilton's...
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Debates in Congress

United States. Congress, Joseph Gales, William Winston Seaton - Law - 1830
...foreign Article for which it is a substitute. The internal competition which takes place, soon drives every thing like monopoly, and, by degrees, reduces...a reasonable profit on the capital employed. This accords with the reason of the tiling, and with experience. " Whence it follows that it is the interest...
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