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abroad Adam Smith agriculture amount average bar iron become Britain bushels capital cent circulation civilization cloth Colbert consequence consumed consumption corn corvee cotton crop cultivation decline demand Denmark diminished diminution distant earth effect employed employment enabled England Europe everywhere exchange existence export fact farm farmer flax flour force foreign France furnished Germany given greater growing hectolitre improvement increase India Ireland iron latter less looks Louis XV machinery manufactures metals millions nations nearly necessity obtain peasants period planter population Portugal pounds power of association profit proportion proprietors protection purchase quantity rapid raw materials raw products reader result roubles Russia Russian Empire seen sell slave slavery society soil Spain steadily sumer supply tariff of 1842 tax of transportation tendency tends tion trade Turkey wages waste wealth wheat whereas whole wool woollen
Page 446 - the Essay before referred to, " properly speaking, one of the subjects of commerce, but only the instrument which all have agreed upon to facilitate the exchange of one commodity for another. It is none of the wheels of trade: it is the oil which renders the
Page 179 - or a public school. Meetings are called for the sole purpose of declaring their disapprobation of the line of conduct pursued by the government; while in other assemblies the citizens salute the authorities of the day as the fathers of their country. Societies are formed which regard drunkenness as the principal cause of the evils
Page 458 - who tells his readers, in his examination of what is commonly denominated the Mercantile System, that — "A country that has wherewithal to buy wine, will always get the wine which it has occasion for; and a country that has wherewithal to buy gold and silver, will never be in want of those metals. They
Page 198 - In traversing that county, one will discover numerous farmhouses, once the abode of industrious and intelligent freemen, now occupied by slaves, or tenantless, deserted, and dilapidated; he will observe fields, once fertile, now unfenced, abandoned, and covered with those evil harbingers, foxtail and
Page 252 - is the natural and normal condition of the laboring man. whether white or black. The great evil of Northern free society," as it continues, "is. that it is burdened with a servile class of mechanics and laborers, unfit for self-government, and yet clothed with the attributes and powers of citizens. Master and
Page 453 - Increase of their cheapness, in his opinion, rendered them " rather less fit for the purposes of money than they were before. In order to make the same purchases, we must," as he thought, "load ourselves with a greater quantity of them, and carry about a shilling in our pockets where we carried a groat before.
Page 198 - that once furnished happy homes for a dozen white families. Indeed, a country in its infancy, where fifty years ago scarce a forest tree had been felled by the axe of the pioneer, is already exhibiting the painful
Page 198 - culture of cotton. Our small planters, after taking the cream off their lands, unable to restore them by rest, manures, or otherwise, are going further West and South in search of other virgin lands, which they may
Page 466 - approvingly, the ideas of Hume as to the effect that would result from having every person in a nation to " wake and find a gold coin in his pocket" — suggesting, however, that we might better suppose " that to every pound, or shilling, or penny in the possession of any one, another pound, shilling, or penny were
Page 447 - same quantity of goods, it can have no effect, good or bad, taking a nation within itself—any more than it would make an alteration in a merchant's books if, instead of the Arabian method of notation, which requires few characters, he should make use of the Koman, which requires a great many.