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advantage amount bank notes banker benefit bill called capital cause circulation circumstances cloth coin commodities consequence considerable considered consumers continue corn cost of production currency debt demand depend desire diminished effect employed England equal equivalent exchange exist expense exports extent fact fall foreign gain give given gold greater ground hands imports improvement income increase individual industry interest issue keep kind labor land least less limited linen loan lower manner means ment metals mode natural necessary notes object obtain operation paid payment period persons population portion possession practical present principle produce profits proportion purchase quantity question raise reason receive rent respect rise saving sell shillings silver speculation sufficient supply supposed things tion trade transactions usual wages wanted whole
Сторінка 315 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make fortunes. They have increased the comforts of the middle classes. But they have not yet begun to effect those great changes in human destiny, which it is in their nature and in their futurity to accomplish.
Сторінка 312 - I confess I am not charmed with the ideal of life held out by those who think that the normal state of human beings is that of struggling to get on; that the trampling, crushing, elbowing, and treading on each other's heels, which form the existing type of social life, are the most desirable lot of human kind, or anything but the disagreeable symptoms of one of the phases of industrial progress.
Сторінка 491 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Сторінка 346 - Every tax ought to be levied at the time, or in the manner in which it is most likely to be convenient for the contributor to pay it.
Сторінка 346 - The subjects of every state ought to contribute to 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 of the state.
Сторінка 123 - It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it. And it may be said without exaggeration that the great extent and rapid increase of international trade, in being the principal guarantee of the peace of the world, is the great permanent security for the uninterrupted progress of the ideas, the institutions, and the character of the human race.
Сторінка 115 - We may often, by trading with foreigners, obtain their commodities at a smaller expense of labour and capital than they cost to the foreigners themselves.
Сторінка 346 - 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 to be clear and plain to the contributor, and to every other person...
Сторінка 511 - ... more necessity for surrounding individual independence of thought, speech, and conduct, with the most powerful defences, in order to maintain that originality of mind and individuality of character, which arc the only source of any real progress, and of most of the qualities which make the human race much superior to any herd of animals.