...All loans at interest, though made in money or paper, are in reality a transfer of a certain portion of the annual produce of the land and labour of the country, to be employed as the borrower pleafes. The fume pieces of money may ferve fucceffively as the inftruments...

...All loans at intereft, though made in money or paper, are in reality a transfer ota certain portion of the annual produce of the land and labour of the country, to be employed as the borrower pleafes. The fame pieces of money may ferve fucceffively as the inftruments...

...All loans at intereft, though made in money or paper, are in reality a transfer of a certain portion of the annual produce of the land and labour of the country, to be employed as the borrower pleafes. The fame pieces of money may ferve fuccefiively as the inftruments...

...capital, the greater part of it would naturally have been employed in maintaining productive hands, whofe labour would have replaced, with a profit, the whole value of their confumption. The value of the annual produce of the land and labour of the country, would have been...

...relative' proportion of revenue,) " naturally tends to increafe " the real quantity of induftry, — the value of the " annual produce of the land and labour of the "country, — ihe real wealth of all its inhabitants':'-* Such is the reafoning with which this acute writer...

...diminifh the real quantity of induftry, the number of productive hands, and confequently the exchangeable value of the annual produce of the land and labour of the country, the real wealth and revenue of all its inhabitants. Capitals are increafed by parfimony, and diminifhed...

...capital, the greater part of it would naturally have been employed in maintaining productive hands, whofe labour would have replaced, with a profit, the whole value of their confumption. The value of the annual produce of the land and labour of the country, would have been...

...demand for labour. The declenfion of induflry, the decreafe of employment for thepoor, the diminution of the annual produce of the land and labour of the country, have generally been the effects of fuch taxes. Inconfequenceofthem,however,thepric« of labour muft...

...natural order is not only я positive good in itself, and ab" solutely necessary in the further increase of the annual produce of the land and labour of the country — « He shall be the last to deny." Malthtts, page 497. fixed residence. The propensity to war also,...

...not those wars given this particular direction to so large a capital, the greater part of it would naturally have been employed in. maintaining productive...whose labour -would have replaced, with a profit, the whale value of their consumption. The value of the annual produce of the land and labour of the country...