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accumulation Adam Smith advantage amount bank benefit bring bushels capi capitalists cent circulating capital civilized clothing combined common competition considerable consumed consumption cost create demand desire diminished direct taxes division of labor duction effect employed employers employment established exchange exertion expenditure expense farmer fixed capital force give grade of service gratification greater hand Hence human hundred important increase individual industry instrument invested involves J. S. Mill labor and capital land laws less loan machinery manufacturing materials means measure ment moral nations natural agents necessary objects operations paid persons Political Economy portion possession principle profits proportion purchase rate of interest remuneration render industry rendered respect result secure skill society steam steam engine sumer supply things tion trade transportation trip-hammer utility vidual wages wants wheat whole workmen
Сторінка 250 - A direct tax is one which is demanded from the very persons who, it is intended or desired, should pay it. Indirect taxes are those which are demanded from one person in the expectation and intention that he shall indemnify himself at the expense of another: such as the excise or customs.
Сторінка 249 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection 1 of the state.
Сторінка 249 - The tax which each individual is bound to pay ought to be certain and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor and to every other person.
Сторінка 250 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the state.
Сторінка 54 - One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Сторінка 169 - This sum is not regarded as unalterable, for it is augmented by saving, and increases with the progress of wealth ; but it is reasoned upon as at any given moment a predetermined amount.
Сторінка 119 - The tip of the horn, is used by the makers of knife handles, and of the tops of whips. 4. The interior or core of the horn, is boiled down in water. A large quantity of fat rises to the surface. This is sold to the makers of yellow soap. 5. The liquid itself, is used as a kind of glue, and is purchased by the cloth dressers for stiffening. 6. The bony substance which remains behind, is sent to the mill, and, being ground down, is sold to the farmers for manure. 7. The clippings and shavings, are...
Сторінка 349 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Сторінка 167 - The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family.