The Progress of the Nation: In Its Various Social and Economical Relations, from the Beginning of the Nineteenth Century to the Present Time, Volume 2

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C. Knight & Company, 1838 - Great Britain
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Page 15 - I know not, in the whole range of language, terms sufficiently expressive to describe this infernal road. Let me most seriously caution all travellers who may accidentally propose to travel this terrible country, to avoid it as they would the devil, for a thousand to one they break their necks or their limbs by overthrows or breakings down.
Page 225 - An increase in the quantity of the local currency of a particular country, will raise prices in that country exactly in the same manner as an increase in the general supply of precious metals raises prices all over the world.
Page 153 - And the same train of argument, which, with corresponding prohibitions and protective duties, should exclude us from foreign trade, might be brought forward to justify the re-enactment of restrictions upon the interchange of productions (unconnected with public revenue) among the kingdoms composing the union, or among the counties of the same kingdom.
Page 15 - They will here meet with ruts which I actually measured, four feet deep, and floating with mud, only from a wet summer — what, therefore, must it be after a winter ? The only mending it receives in places is the tumbling in some loose stones, which serve no other purpose but jolting 1 a carriage in the most intolerable manner.
Page 154 - ... have assailed their respective governments with applications for further protective or prohibitory duties and regulations, urging the example and authority of this country, against which they are almost exclusively directed as a sanction for the policy of such measures. And certainly, if the reasoning upon which our restrictions have been defended is worth any thing, it will apply in behalf of the regulations of foreign states against us.
Page 159 - English law ; and it affords an instructive lesson, that the practical carrying out of this restrictive system to its fullest extent by the two nations was found to be so unproductive of all good effect as to call for its abandonment. By this treaty the ships of the two countries were placed reciprocally upon the same footing in the ports of England and the United States, and all discriminating duties chargeable upon the goods which they conveyed were mutually repealed.
Page 152 - That freedom from restraint is calculated to give the utmost extension to foreign trade, and the best direction to the capital and industry of the country.
Page 152 - That the maxim of buying in the cheapest market and selling in the dearest, which regulates every merchant in his individual dealings, is strictly applicable as the best rule for the trade of the whole nation. " That a policy founded on those principles would render the commerce of the world an interchange of mutual advantages, and diffuse an increase of wealth and enjoyments among the inhabitants of each state.
Page 283 - In some few cases there had been an advance of wages, but this occurred only to skilled artisans, and even with them the rise was wholly incommensurate with the increased cost of all the necessaries of life. The mere labourer...
Page 223 - Kicardo, 4 —that of the establishment of a national bank, " under the management of competent functionaries, qualified by the possession, not of bank stock, but of economical science; appointed, not by the holders of bank stock, but by the Government; responsible, not to their coproprietors, but to Parliament; and having for their first object and primary duty the protection, not of their own corporate property, but of the general interest of the nation.

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