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" As the colony increases, the profits of stock gradually diminish. When the most fertile and best situated lands have been all occupied, less profit can be made by the cultivation of what is inferior both in soil and situation. "
Merchants' Magazine and Commercial Review - Page 449
by Freeman Hunt, Thomas Prentice Kettell, William B. Dana, Isaac Smith Homans - 1852
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An inquiry into the nature and causes of the wealth of nations, Volume 1

Adam Smith - Economics - 1789
...c " A pdually diminifh. When the moft fertile and beft fituated lands haye been all occupied, lefs profit can be made by the cultivation of what is inferior both in foil and fituation, and lefs intereft can be afforded for the ftock which is fo employed. In the greater...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - Economics - 1812
...c HAP. dually diminifh. When the moft fertile and beft fituated lands have bee1vall occupied, lefs profit can be made by the cultivation of what is inferior both in foil and fituation, and lefs intereft can be afforded for the ftock which is fo employed. In the greater...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - Economics - 1812
...CHAP. dually diminifh. When the moft fertile and beft Ixfituated lands have been all occupied, lefs profit can be made by the cultivation of what is inferior both in foil and fituation, and lefs intereft can be afforded for the ftock which is fo employed. In the greater...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 398 pages
...greatest discoveries of the present day. In observing, as we see he has done, in the above passage, that " when the most fertile and best situated lands have...can be afforded for the stock which is so employed," Dr Smith was stating a certain and obvious fact ; but it was equally obvious (and no doubt appeared...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 398 pages
...discoveries of the present day. In observing, ' as we see he has done, in the above passage, that " when the most fertile and best situated lands have...interest can be afforded for the stock which is so employed,1" Dr Smith was stating a certain and obvious fact ; but it was equally obvious (and no doubt...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith, M. Garnier (Germain) - 1838 - 429 pages
...can find them in a new settlement. Those whom he can find, therefore, are very liberally rewarded. As the colony increases, the profits of stock gradually...less profit can be made by the cultivation of what i* inferior both in soil and situation, and less interest can be afforded for the slot k which h so...
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Principles of Political Economy: With Some of Their Applications to Social ...

John Stuart Mill - Economics - 1848
...profit in new colonies, he seems on the very verge of grasping the complete theory of the subject. " As the colony increases, the profits of stock gradually...cultivation of what is inferior both in soil and situation." Had Adam Smith meditated longer on the subject, and systematized his view of it by harmonizing with...
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Principles of political economy, with some of their applications ..., Volume 2

John Stuart Mill - 1849
...profit in new colonies, he seems on the very verge of grasping the complete theory of the subject. " As the colony increases, the profits of stock gradually...cultivation of what is inferior both in soil and situation." Had Adam Smith meditated longer on the subject, and systematized his view of it by harmonizing with...
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Hunt's Merchants' Magazine and Commercial Review, Volume 26

Freeman Hunt, Thomas Prentice Kettell - Commerce - 1852
...on the profits of stock, speaking of the colony of America, he says : '. " As the colony increusi'x, the profits of stock gradually diminish. When the...fertile and best situated lands have been all occupied, lets profit can be made by the cultivation of what is inferior, both in soil and situation, and less...
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The Collected Works of Dugald Stewart: Lectures on political economy ... To ...

Dugald Stewart, John Veitch - 1855
...of such lands must yield a very large profit, and consequently afford to pay a very large interest. As the colony increases, the profits of stock gradually...less interest can be afforded for the stock which is employed. In the greater part of our colonies, accordingly, both the legal * [Wealth of Natwta, Book...
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