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Page 27 - MONEY is not, properly speaking, one of the subjects of commerce; but only the instrument which men 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 motion of the wheels more smooth and easy.
Page 184 - I cannot write much; God knows how hardly I steal this time when all sleep; and it is also time for me to separate my thoughts from the world. Beg my dead body, which living was denied you, and either lay it in Sherbourne, or Exeter church by my father and mother. I can say no more; time and death call me away.
Page 253 - As the troubled noife of the ocean when roll the waves on high; as the laft peal of the thunder of heaven, fuch is the noife of battle.
Page 31 - It is also evident that the prices do not so much depend on the absolute quantity of commodities and that of money which are in a nation as on that of the commodities which come or may come to market and of the money which circulates.
Page 30 - ... of his family. The farmer and gardener finding that all their commodities are taken off, apply themselves with alacrity to the raising more ; and at the same time can afford to take better and more cloths from their tradesmen, whose price is the same as formerly and their industry only whetted by so much new gain.
Page 18 - ... of the fine arts, derived from rational principles, furnishes elegant subjects for conversation, and prepares us for acting in the social state with dignity and propriety.
Page 17 - ... and are generally neglected in the maturity of life, which disposes to more serious and more important occupations. To those who deal in criticism as a regular science, governed by just principles, and giving scope to judgment as well as to fancy, the fine arts are a favourite entertainment; and in old age maintain that relish which they produce in the morning...
Page 30 - Cadiz ; they are thereby enabled to employ more workmen than formerly, who never dream of demanding higher wages, but are glad of employment from such good paymasters.
Page 29 - ... felt on all ranks of people. At first, no alteration is perceived; by degrees the price rises, first of one commodity, then of another; till the whole at last reaches a just proportion with the new quantity of specie which is in the kingdom. In my opinion, it is only in this interval or intermediate situation, between the acquisition of money and rise of prices, that the increasing quantity of gold and silver is favourable to industry.