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" The capital which is employed in purchasing in 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... "
Blackwood's Edinburgh Magazine - Страница 425
1886
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The Relations of the Industry of Canada, with the Mother Country and the ...

Isaac Buchanan - 1864 - 618 страници
...which Mr. Brown will scarcely question: From Adam Smith's " Wealth of Nations," Book 11, Chap. 5. " The capital which is employed in purchasing in one...that had both been employed in the agriculture or manufacture of that country, and thereby enables them to continue that employment. * * * * When both...

The Relations of the Industry of Canada, with the Mother Country and the ...

Isaac Buchanan - 1864 - 618 страници
...advantageous than foreign trade.' " On this text, hear the apostle of Free Trade himself, Adam Smith : " ' The capital which is employed in purchasing in one...operation two distinct capitals that had both, been em]iloyed in the agriculture or manufacture of that country, and thereby enables them to continue that...

A Manual of Political Economy

Erasmus Peshine Smith - 1868 - 274 страници
...great, according to the different sorts of wholesale trade in which any part of it is employed. * * * " The capital which is employed in purchasing in one part of the countrj in order to sell in another, the produce of the industry of that country, generally replaces...

Sophisms of free-trade and popular political economy examined, by a ...

sir John Barnard Byles - 1870 - 388 страници
...advantageous than foreign trade. On this text, hear the apostle of free-trade himself, Adam Smith: — " The capital which is employed in purchasing in " one...another " the produce of the industry of that country, gene" rally replaces by such operation two distinct capitals " that had both been employed in the agriculture...

An inquiry into the nature and causes of the wealth of nations. A careful ...

Adam Smith - 1875 - 808 страници
...transacting the commerce of foreign countries, or in carrying the surplus produce of one to another. The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation two distinct capitals that had both been employed in the agriculture or manufactures...

The Canadian Monthly and National Review, Том 9

Graeme Mercer Adam, George Stewart - 1876 - 688 страници
...extract from Adam Smith. It is practically true, which cannot be said of his Free Trade theories : — " The capital which is employed in purchasing in one...that had both been employed in the agriculture or manufacture ofthat country, and thereby enables them to continue that employment. When both are the...

The Australian Protectionist

Francis Gould Smith - 1877 - 104 страници
...Smith," the great Free-trade champion, says on the subject : "The capital which is employed in creating in one part of the country in order to sell in another part of the same country the produce of the industry of that country, generally replaces by such operation...

The London Quarterly Review, Том 86

1850 - 346 страници
...chain of lucid reasoning, is clear, unequivocal, decisive. la his Second Book, chap, v., he says — 'The capital which is employed in purchasing in one...order to sell in another the produce of the industry ef that country, generally replaces by every such operation two distinct capitals. The capital which...

An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1884 - 604 страници
...another. The capital which is employed in purchav ing in one part of the country, in order to «•11 in another, the produce of the industry of that country, generally replaces, by every such operation, twu distinct capitals, that had both betn i-mployed in the agriculture or inanufacturi4*...

Protection Or Free Trade: An Examination of the Tariff Question with Special ...

Henry George - 1886 - 382 страници
...the authority of Adam Smith. In Book IL, Chapter V., of The Wealth of Nations, occurs this passage: " The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation two distinct capitals that had both been employed in the agriculture or manufactures...




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