 | Andrew John Herbertson - 1914 - 432 страници
...number of its sailors and shipping,- and his verdict upon the Navigation Acts was that - as defence is of much more importance than opulence, the act...wisest of all the commercial regulations of England -.i But, originating in the desire to make and keep England as a nursery for sailors by reserving to... | |
 | Andrew John Herbertson - 1914 - 408 страници
...number of its sailors and shipping,' and his verdict upon the Navigation Acts was that ' as defence is of much more importance than opulence, the act...wisest of all the commercial regulations of England '-1 But, originating in the desire to make and keep England as a nursery for sailors by reserving to... | |
 | John Mackinnon Robertson - 1916 - 48 страници
...true, lays no burden upon foreign ships that come to export the produce of British industry. . . . But if foreigners, either by prohibitions or high...wisest of all the commercial regulations of England." Already it is tolerably clear that Smith has been caught napping. By his own (mistaken) account, the... | |
 | John Atkinson Hobson - 1916 - 182 страници
...it," Adam Smith contended that it was advantageous as a defence against the naval power of Holland. " As defence, however, is of much more importance than...wisest of all the commercial regulations of England." It is clear, however, that the Act was primarily designed, not, as Adam Smith alleged, against Holland's... | |
 | 1916 - 594 страници
...wise as if they had all been dictated by the most deliberate wisdom." "As defence," says Adam Smith, "is of much more importance than opulence, the Act...wisest of all the commercial regulations of England." This is coming to be the opinion of the United States. But whether our Navigation Act is to take the... | |
 | Charles Herbert Currey - 1916 - 294 страници
...and decreased the price of those sold by England, but, he went on, in memorable words, ' as defence is of much more importance than opulence, the Act...wisest of all the commercial regulations of England.' It was certainly most advantageous to her commerce and to her naval defence. She became the great carrier... | |
 | George Louis Beer - 1917 - 356 страници
...recurrence of the peril, even if it take a somewhat different guise. VII ECONOMIC INTERDEPENDENCE " As defence, however, is of much more importance than...the Act of Navigation is, perhaps, the wisest of all commercial regulations of England." — ADAM SMITH, The Wealth of Nations, Book IV, chapter ii. ''... | |
 | William Page - 1919 - 562 страници
...as if they had all been dictated by the most deliberate wisdom ' ; and he declared that as ' defence is of much more importance than opulence, the Act...wisest of all the commercial regulations of ' England.' M But these laws had taught other nations to believe that they were almost the only requisite for commercial... | |
 | Henry Jones Ford - 1920 - 404 страници
...instance, after condemning the Navigation Act as adverse to the national prosperity, he abruptly remarked: "As defence, however, is of much more importance than...wisest of all the commercial regulations of England." This consideration which Smith dismisses with curt mention is drawn out at length with great power... | |
 | Clement Jones - 1922 - 302 страници
...Navigation by diminishing the number of sellers must necessarily diminish that of the buyers ; and we are thus likely not only to buy foreign goods dearer...wisest of all the Commercial regulations of England." It has, however, been doubted whether in point of fact the English Navigation Laws really weakened... | |
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By diminishing the number of sellers, therefore, we necessarily diminish that of buyers, and are thus likely not only to buy foreign goods dearer, but to sell our own cheaper, than if there was a more perfect freedom of trade. As defence, however, is... 
