The Budget: On Commercial and Colonial Policy : with an Introduction in which the Deductive Method, as Presented in Mr. Mill's System of Logic, is Applied to the Solution of Some Controverted Questions in Political Economy
Smith, Elder, 1844 - 427 pages
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actual additional admit adoption advance advantages agricultural alteration America amount applied assumed average bales become British capital causes cent circumstances classes cloth colonies commerce commodities condition consequence consideration consumers continue corn cost cotton created Cuba debt demand diminished effect efficacy Emigration employed employment enable England English equal equivalent established exchange existing export extent fact fall foreign foreign market former France Fund give given gold greater hands import duties imposed improvements increased industry interest Ireland labour land Laws less loan Lord John Russell lower manufacturing materials means measure necessary obtained operation paid population portion possesses practical precious metals present principles produce profits proportion purchase quantity quarters question raised receive reduced regards regulated relation remain render rent result rise soil sugar supply tariffs tion trade United wages wealth whole
Page vii - 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 368 - To judge whether such retaliations are likely to produce such an effect, does not perhaps, belong so much to the science of a legislator, whose deliberations ought to be governed by general principles which are always the same, as to the skill of that insidious .and crafty animal, vulgarly called a statesman or politician, whose councils are directed by the momentary fluctuations of affairs.
Page 353 - These feelings, which I should be sorry to see weakened, induce most men of property to be satisfied with a low rate of profits in their own country, rather than seek a more advantageous employment for their wealth in foreign nations.
Page 93 - B to the Report of the Commissioners, appointed to inquire into the condition of the metal mines of Great Britain, with reference to the health and safety of the persons employed in such mines.
Page 32 - Who but must laugh if such a man there be ? Who would not weep if Atticus were he?
Page 379 - Strange — that where Nature loved to trace, As if for Gods, a dwelling-place, And every charm and grace hath mix'd Within the paradise she fix'd, There man enamour'd of distress, Should mar it into wilderness...
Page 368 - When there is no probability that any such repeal can be procured, it seems a bad method of compensating the injury done to certain classes of our people, to do another injury ourselves, not only to those classes, but to almost all the other classes of them.
Page 35 - When any particular country imposes import duties upon the productions of other countries, while those other countries continue to receive her products duty free, then such particular country draws to herself a larger proportion of the precious metals, maintains a higher range of general prices than her neighbours, and obtains in exchange for the produce of a given quantity of her labour, the produce of a greater quantity of foreign labour.