...to freight a fhip in a century. IT is not by.the importation of gold and filver, that the difcovery of America has enriched Europe. By the abundance of the American mines, thole metals have become cheaper. A fcrvice. of plate can now be purchafed for about a third part of...

...to freight a fhip in a century. IT is not by the importation of gold and filver, that the dilcovery of America has enriched Europe. By the abundance of the American mines, thofe metals have become cheaper. A fervice of plate can now be purchafed for about a third part of...

...abundance of the American mines , thofe metals have become cheaper. A fervice of plate can now be purchafed for about a third part of the corn , or a third part of the labor, which it would have coft in the fifteenth century. With the fame annual expenfe of labor and...

...to freight a (hip in a century. It is not by the importation of gold and filver, that the difcovery of America has enriched Europe. By the abundance of the American mines, thofe metals have become cheaper. A fervice of plate can now be purchafed for about a third part of...

...merely upon this account, could scarce have occasion to freight a ship ip a century. ll is not by ibe importation of gold and silver that the discovery of America has enriched Kurope. By tile abundance of the American mines, those metals have become cheaper. A service of plate...

...improve its productive powers, and thereby to increase the real revenue and wealth of the society, p. 20. It is not by the importation of gold and silver that...the discovery of America has enriched Europe. By the 1 See Bogers's note on this passage. abundance of the mines, those metals have become cheaper, and...

...resides than he does to the other Countrys [sic] with whom he Trades. pp. 24-5 (Gl. edn, pp. 447-8) It is not by the importation of gold and silver, that...American mines, those metals have become cheaper. . . . With the same annual expense of labour and commodities, Europe can annually purchase about three...

...consumption of the produce of Asia. In a famous passage in The Wealth of Nations Adam Smith wrote that it was "not by the importation of gold and silver that the discovery of America has enriched Europe." Instead, "by opening a new and inexhaustible market to ail the commodities of Europe, it gave occasion...

...foreign trade merely upon this account, could scarce have occasion to freight a ship in a century. It is not by the importation of gold and silver, that...American mines, those metals have become cheaper. ... So far Europe has, no doubt, gained a real conveniency, though surely a very trifling one. The...

...freight a fliip in a century. IT is not by the importation of gold and filver, that the dif.covery of America has enriched Europe. By the abundance of the American mines, thofe metals have become cheaper, A fervice of plate can now be purchafed for about a third part of...