Letters to the President on the Foreign and Domestic Policy of the Union: And Its Effects, as Exhibited in the Condition of the People and the StateJ.B. Lippincott & Company, 1858 - 171 стор. |
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Adam Smith agricultural amount average balance of trade banks bar iron become Britain bushels capital CAREY cent central government central power circulation civilization cloth combination consequence consumption corn cost cotton Crimean war crop currency decline demand diminishing diminution direction domestic commerce effect employments enabled England Europe everywhere exchange existence export fact farmers and planters finished commodities flour followed foreign France free trade furnaces furnish gold greater growing growth increase India Irish famine iron labor land less look machinery manufactures millions mills necessity obtain period Philadelphia Portugal pounds precious metals President protection purchase quantity railroads rapid rapidly rate of interest raw materials reduced result revenue road rude products ruin Russia scarcely seen sell ships societary soil steadily sumers supply tariff tariff of 1842 tax of transportation tendency tends thousands tion Treasury Turkey Union waste wealth wheat wool
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Сторінка 126 - ... great accumulations of capital could no longer be made, which enable a few of the most wealthy capitalists to overwhelm all foreign competition in times of great depression...
Сторінка 26 - If, on the contrary, we see a universal spirit of distrust and dissatisfaction, a rapid decay of trade, dissensions in all parts of the empire, and a total loss of respect in the eyes of foreign powers, we may pronounce, without hesitation, that the government of that country is weak, distracted, and corrupt.
Сторінка 125 - I believe that the laboring classes generally, in the manufacturing districts of this country, and especially in the iron and coal districts, are very little aware of the extent to which they are often indebted for their being employed at all, to the immense losses which their employers voluntarily incur in bad times, in order to destroy foreign competition, and to gain and keep possession of foreign markets.
Сторінка 26 - The ruin or prosperity of a state depends so much upon the administration of its government, that to be acquainted with the merit of a ministry, we need only observe the condition of the people. If we see them obedient to the laws, prosperous in their industry, united at home, and respected abroad, we may reasonably presume that their affairs are conducted by men of experience, abilities and virtue.
Сторінка 6 - It is invested with the power to coin money, and to regulate the value thereof, and to regulate commerce with foreign nations and among the several States.
Сторінка 78 - The difference between a country with money, and a country altogether without it, would," as he thinks, "be only one of convenience, like grinding by water instead of by hand."* A ship, as a ship — a road, as a road — a cotton-mill, as a cotton-mill—in like manner, however, " satisfies no want, answers no purpose.
Сторінка 123 - If we examine into the circumstances of the inhabitants of our plantations, and our own, it will appear that not one-fourth part of their product redounds to their own profit, for out of all that comes here, they only carry back clothing and other accommodations for their families, all of which is of the merchandise and manufacture of this kingdom." " All these advantages we receive by the plantations, besides the mortgages on the planters...
Сторінка 6 - ... and prohibited the States from coining money, emitting bills of credit, or making anything but gold and silver coin a tender in payment of debts, supposed they had protected the people against the evils of an excessive and irredeemable paper currency. They are not responsible for the existing anomaly that a government endowed with the sovereign attribute of coining money and regulating the value thereof should have no power to prevent others from driving this coin out of the country and filling...
Сторінка 54 - Combination of action furnishes to every resident of New York, Philadelphia, or Boston, a slave employed in supplying him with water, or with light, at a cost so trivial as to be utterly insignificant when compared with what it would be were he obliged to live and labor alone, as did the emigrants of the days of William Penn. Combined effort enables us to pass from the shores of the Atlantic to the banks of the Mississippi...