Principles of Political Economy, Parts 1-4 |
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Page 39
... capital in their vicinity , give new facilities for transporting their product to market . No. 5 and No. 6 come forward gradually , and in each case the further im- provements in the vicinity of those first occupied , tend to pre- serve ...
... capital in their vicinity , give new facilities for transporting their product to market . No. 5 and No. 6 come forward gradually , and in each case the further im- provements in the vicinity of those first occupied , tend to pre- serve ...
Page 46
... capital , and we cannot attribute to them the payment of rent . The situation that is most convenient to fertile lands may be of most value to - day ; to - morrow the neigh- bourhood of a mass of granite may attract capital , and soon ...
... capital , and we cannot attribute to them the payment of rent . The situation that is most convenient to fertile lands may be of most value to - day ; to - morrow the neigh- bourhood of a mass of granite may attract capital , and soon ...
Page 48
... capital , -accompanied by a diminution in the labour value of pre - existing capital , and a diminution in the proportion of the product of labour that can be claimed as rent , or interest , for its use . If , on the contrary , the ...
... capital , -accompanied by a diminution in the labour value of pre - existing capital , and a diminution in the proportion of the product of labour that can be claimed as rent , or interest , for its use . If , on the contrary , the ...
Page 70
... capital . The system of emigration , as it is now attempted to be forced , is little better than wholesale murder . Instead of relieving in- dustry from its shackles , and lightening the load of taxation , it is deemed best to transport ...
... capital . The system of emigration , as it is now attempted to be forced , is little better than wholesale murder . Instead of relieving in- dustry from its shackles , and lightening the load of taxation , it is deemed best to transport ...
Page 74
... capital . Having shown the manner in which nature acts in fixing their respective pro- portions , where the growth of capital is permitted to keep pace with that of population , and where there are no restraints upon its employment , we ...
... capital . Having shown the manner in which nature acts in fixing their respective pro- portions , where the growth of capital is permitted to keep pace with that of population , and where there are no restraints upon its employment , we ...
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Common terms and phrases
accumulation acres advantages agriculture amount annum applied average bank Bank of England Britain bushels canals capitalist cause cent commodities compelled condition consequence constant constantly increasing corn cost cotton cultivation diminished diminution dollars employed employment enabled Encyclopædia Britannica England equal estimated exchange exist expenditure expense export farm fertile land former France give greater half hundred quarters Ibid improvement increase of population India inferior soils interest invested Ireland latter laws less machinery manufactures marriages Massachusetts ment millions nearly necessary obtain paid period persons Political Economy possession pounds pounds sterling present product of labour profits proportion purchase quantity of labour rail roads rate of profit raw produce received rendered rent return to labour revenue rupees Scotland security of person square mile subsistence supposed taxes tends tion tivation trade United wages wealth wheat whole yield
Popular passages
Page 15 - In the name of God, amen. We whose names are underwritten, the loyal subjects of our dread sovereign Lord King James, by the grace of God of Great Britain, France, and Ireland King, Defender of the Faith, etc., having undertaken, for the glory of God and advancement of the Christian faith and honor of our king and country, a voyage to plant the first colony in the northern parts of Virginia...
Page 15 - God and one of another, covenant and combine ourselves together into a civil body politic, for our better ordering and preservation and furtherance of the ends aforesaid; and by virtue hereof to enact, constitute, and frame such just and equal laws, ordinances, acts, constitutions, and offices, from time to time, as shall be thought most meet and convenient for the general good of the colony, unto which we promise all due submission and obedience.
Page 315 - Men are much more likely to discover easier and readier methods of attaining any object when the whole attention of their minds is directed towards that single object than when it is dissipated among a great variety of things. But in consequence of the division of labour...
Page 205 - Corn is not high because a rent is paid, but a rent is paid because corn is high ; and it has been justly observed, that no reduction would take place in the price of corn, although landlords should forego the whole of their rent.
Page 315 - ... the increase of dexterity in every particular workman; secondly, to the saving of 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.
Page 466 - Nor is the equinoctial heat more discouraging to them than the accumulated winter of. both the Poles. We know that whilst some of them draw the line and strike the harpoon on the coast of Africa, others run the longitude, and pursue their gigantic game, along the coast of Brazil.
Page 195 - ... in which there is an abundance of rich and fertile land, a very small proportion of which is required to be cultivated for the support of the actual population, or indeed can be cultivated with the capital which the population can command, there will be no rent; for no one would pay for the use of land, when there was an abundant quantity not yet appropriated and, therefore, at the disposal of whosoever might choose to cultivate it.
Page 64 - We will suppose the means of subsistence in any country just equal to the easy support of its inhabitants. The constant effort towards population, which is found to act even in the most vicious societies, increases the number of people before the means of subsistence are increased.
Page 192 - Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil.
Page 466 - Whilst we follow them among the tumbling mountains of ice, and behold them penetrating into the deepest frozen recesses of Hudson's Bay and Davis's Straits, whilst we are looking for them beneath the arctic circle, we hear that they have pierced into the opposite region of polar cold, that they are at the antipodes, and engaged under the frozen serpent of the south.