Selections Illustrating Economic History Since the Seven Years' War

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A.A. Waterman & Company, 1888 - Economic history - 367 pages
 

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Page 5 - THE colony of a civilized nation which takes possession either of a waste country, or of one so thinly inhabited that the natives easily give place to the new settlers, advances more rapidly to wealth and greatness than any other human society.
Page 310 - Whereas it is necessary for the support of government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares, and merchandises imported: Be it enacted, etc.
Page 1 - For the increase of shipping and encouragement of the navigation of this nation, wherein under the good providence and protection of God the wealth, safety and strength of this kingdom is so much concerned...
Page 165 - Because we think that the expectations of ultimate benefit from this measure are founded on a delusive theory. We cannot persuade ourselves that this law will ever contribute to produce plenty, cheapness or steadiness of price.
Page 166 - We cannot persuade ourselves that this law will ever contribute to produce plenty, cheapness, or steadiness of price. So long as it operates at all, its effects must be the opposite of these. Monopoly is the parent of scarcity, of dearness, and of uncertainty. To cut off any of the sources of supply can only tend to lessen its abundance; to close against ourselves the cheapest market for any commodity, must enhance the price at which we purchase it; and to confine the consumer of corn to the produce...
Page 2 - English mariners, as aforesaid, shall be shipped or brought from any other place or places, country or countries, but only from those of their said growth, production, or manufacture, or from those ports where the said goods and commodities can only...
Page 100 - England was acting in accordance with the rule of 1798 " not to seize any neutral vessels which should be found carrying on trade directly between the colonies of the enemy and the neutral country to which the vessel belonged, and laden with property of the inhabitants of such neutral country, provided that such neutral vessel should not be supplying, nor should have on the outward voyage supplied, the enemy with any articles of contraband of war, and should not be trading with any blockaded ports.
Page 4 - Berwick-upon-Tweed, or are of the built of and belonging to any of the said lands, islands, plantations or territories as the proprietors and right owners thereof, and whereof the master and three fourths of the mariners at least are English...
Page 24 - Of the greater part of the regulations concerning the colony trade, the merchants who carry it on, it must be observed, have been the principal advisers. We must not wonder, therefore, if, in the greater part of them, their interest has been more considered than either that of the colonies or that of the mother country.
Page 25 - In everything except their foreign trade, the liberty of the English colonists to manage their own affairs their own way is complete: It is in every respect equal to that of their fellowcitizens at home, and is secured in the same manner by an assembly of the representatives of the people, who claim the sole right of imposing taxes for the support of the colonial government.

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