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abundance acquired advance advantage afford agriculture allowed America amount appear augmented bank become benefit bills Brazil Britain British bullion capital carried cause cent circulating medium circumstances coin commodities compared consequence considerable considered consumption continued conveniences demand desire diminished duty effect employed employment encouragement engaged England equal established Europe excess exchange existed expense exportation extent foreign former frequently gold and silver greater greatly importation improvements increase individuals industry issues kind labour land less limited manufactures means ment mines mode nature necessaries notes obtain occasion owners paid paper currency payments period persons portion possessed precious metals present probably produce profit proportion prove purchase quantity receive reduced restrictions result sent shillings ships silver coin specie supply tion trade United usually wants wealth whilst whole
Страница 65 - This great increase of the quantity of work which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another ; and lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Страница 403 - The capital employed in purchasing foreign goods for home consumption, when this purchase is made with the produce of domestic industry, replaces too, by every such operation, two distinct capitals; but one of them only is employed in supporting domestic industry. The capital which sends British goods to Portugal, and brings back Portuguese goods to Great Britain, replaces, by every such operation, only one British capital. The other is a Portuguese one.
Страница 403 - ... one part of the country in order to sell in another the produce of the industry of that country, generally replaces by every such operation TWO distinct capitals that had both been employed in the agriculture or manufactures of that country, and thereby enables them to continue that employment.
Страница 284 - ... produce for immediate use and consumption; or, thirdly, in transporting either the rude or manufactured produce from the places where they abound to those where they are wanted; or, lastly, in dividing particular portions of either into such small parcels as suit the occasional demands of those who want them. In the first way are employed the capitals of all those who undertake the improvement or cultivation of lands, mines, or fisheries; in the second, those of all master manufacturers; in the...
Страница 286 - If a poor workman was obliged to purchase a month's or six months provisions at a time, a great part of the stock which he employs as a capital in the instruments of his trade, or in the furniture of his shop, and which yields him a revenue, he would be forced to place in that part of his stock which is reserved for immediate consumption, and which yields him no revenue.
Страница 68 - The habit of sauntering and of indolent careless application, which is naturally or rather necessarily acquired by every country workman who is obliged to change his work and his tools every half hour, and to apply his hand in twenty different ways almost every day of his life, renders him almost always slothful and lazy, and incapable of any vigorous application even on the most pressing occasions.
Страница 1 - THE annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
Страница 400 - That the revenue of the ensuing year will not fall short of that received in the one now expiring there are indications which can scarcely prove deceptive. In our country an uniform experience of forty years has shown that whatever the tariff of duties upon articles imported from abroad has been, the amount of importations has always borne an average value nearly approaching to that of the exports, though occasionally differing in the balance, sometimes being more and sometimes less. It is, indeed,...
Страница 287 - He is thereby enabled to employ almost his whole stock as a capital. He is thus enabled to furnish work to a greater value ; and the profit which he makes by it in this way much more than...
Страница 65 - ... is owing to three different circumstances : first, to the increase of dexterity in every particular workman ; secondly, to the saving of the time which is commonly lost in passing from one species of work to another ; and, lastly, to the invention of a great number of machines which facilitate and abridge labor, and enable one man to do the work of many.