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... The Dublin Review - Page 272edited by - 1852Full view - About this book
| Adam Smith - 1811 - 538 pages
...commodities. When both are the produce qf domestic industry, it necessarily replaces, by every . uch operation, two distinct capitals, which had both been...productive labour, and thereby enables them to continue tha. support. The capital which sends Scotch manufactures to London, and brings back English corn and... | |
| Charles Ganilh - 1812 - 520 pages
...with those resulting from the home-trade ; and he grounds his opinion on the following argument : " The capital which is employed in purchasing, in one...replaces, by every such operation, two distinct capitals that had both been employed in the agriculture or manufactures of that country ; and thereby enable^... | |
| Joseph Chitty - 1824 - 1090 pages
...that it would be impossible to state them in any words so advantageously as his own. He says, (3) " The capital which is employed in purchasing in one...order to sell in another the produce of the industry in that country, generally replaces by every such operation two distinct capitals, that had both been... | |
| G. Robertson - 1830 - 480 pages
...the greatest quantity of productive labour is also the most beneficial to the country. He states : " The capital which is employed in purchasing " in one...of that " country, generally replaces by every such opera" tion two distinct capitals that had both been em" ployed in the agriculture and manufactures... | |
| Adam Smith - 1835 - 494 pages
...transacting the commerce of foreign countries, or in carrying the surplus produce of one to anotherThe capital which is employed in purchasing in one part...replaces by every such operation two distinct capitals that had both been employed in the agriculture or manufactures of that country, and thereby enables... | |
| William Atkinson - 1838 - 96 pages
...in favour of the former, and in order to prove its correctness frames the following proposition : " The capital which is employed in purchasing in one...replaces by every such operation TWO distinct capitals that had both been employed in the agriculture or manufactures of that country, and thereby enables... | |
| Adam Smith - 1838 - 476 pages
...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...country, generally replaces by every such operation, two dis une t capitals, that had both Ken employed in the agriculture or manufactures of that country,... | |
| 1842 - 678 pages
...chapter: — '"The capital which is employed in purchasing ш one part of the country, in order to sell if another the produce of the industry of that country,...replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures of that country, and thereby enables... | |
| 1843 - 590 pages
...Nations," Adam Smith necessarily admits the superior advantage of the home trade, as follows : — " The capital which is employed in purchasing in one...replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures of that country, and thereby enables... | |
| Horace Greeley - 1843 - 394 pages
...in favor ef the former, and, in order to PROVE its correctness, frames the following proposition : " The capital which is employed in purchasing in one...replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures of that country, and thereby enables... | |
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