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Page 328 - Finally, there seem to be but three ways for a nation to acquire wealth. The first is by war, as the Romans did, in plundering their conquered neighbors. This is robbery. — The second by commerce, which is, generally, cheating. — The third by agriculture, the only honest way...
Page 327 - Fair commerce is, where equal values are exchanged for equal, the expense of transport included. Thus, if it costs A in England as much labour and charge to raise a bushel of wheat, as it costs B in France to produce four gallons of wine, then are four gallons of wine the fair exchange for a bushel of wheat, A and B meeting at half distance with their commodities to make the exchange. The advantage of this fair commerce is, that each party increases the number of his enjoyments, having, instead of...
Page xix - France ; but it is impossible for me to see, without the most serious uneasiness, the strong and increasing indications which have appeared there of an intention to excite disturbances in other countries, to disregard the rights of neutral nations, and to pursue views of conquest and aggrandizement, as well as to adopt towards my allies, the States General, who have observed the same neutrality with myself, •measures which are neither conformable to the law of nations nor to the positive stipulations...
Page 328 - But the advantage of manufactures is, that under their shape provisions may be more easily carried to a foreign market ; and, by their means, our traders may more easily cheat strangers.* Few, where it is not made, are judges of the value of lace.
Page 327 - Where the labour and expense of producing both commodities are known to both parties, bargains will generally be fair and equal. Where they are known to one party only, bargains will often be unequal, knowledge taking its advantage of ignorance.
Page 65 - Now the generous bowl I sip As it leaves Anacreon's lip; Void of care, and free from dread, From his fingers snatch his bread, Then with luscious plenty gay...
Page 105 - Yet, could my heart the selfish comfort know, That not alone I murmur and complain ; Well might I find companions in my woe, All born to Grief, the family of Pain 1 20 VI.
Page 65 - Scatt'ring as thy pinions play, Liquid fragrance all the way : Is it business ? is it love ? Tell me, tell me, gentle Dove. "' Soft Anacreon's vows I bear, ' Vows to Myrtale the fair; ' Grac'd with all that charms the heart, ' Blushing nature, smiling art.
Page 51 - Some have taken it as a means of deposing a person on whom they had conferred a tyrannical authority; others for the power of choosing a superior whom they are obliged to obey; others for the right of bearing arms, and of being thereby enabled to use violence; others, in fine, for the privilege of being governed by a native of their own country, or by their own laws.
Page 326 - POSITIONS TO BE EXAMINED, CONCERNING NATIONAL WEALTH. DATED APRIL 4, 1769. 1. ALL food or subsistence for mankind arises from the earth or waters. 2. Necessaries of life, that are not food, and all other conveniences, have their values estimated by the proportion of food consumed while we are employed in procuring them.