The elements of political economy. With revisions and additions

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Kent, 1857 - Economics - 270 pages
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Page 269 - In fact, the revocation of the Edict of Nantes, by Louis XIV. in 1685...
Page 63 - Seest thou a man diligent in his business? he shall stand before kings ; he shall not stand before mean men...
Page 40 - It can engrave a seal, and crush masses of obdurate metal before it ; draw out, without breaking, a thread as fine as gossamer, and lift a ship of war like a bauble in the air. It can embroider muslin and forge anchors, cut steel into ribbons, and impel loaded vessels against the fury of the winds and waves.
Page 43 - 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.
Page 40 - It is our improved steam-engine that has fought the battles of Europe, and exalted and sustained, through the late tremendous contest, the political greatness of our land. It is the same great power which now enables us to pay the interest of our debt, and to maintain the arduous struggle in which we are still engaged, [1819], with the skill and capital of countries less oppressed with taxation.
Page 150 - The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either.
Page 73 - ... than any one else. 6. Hence, they tend to insubordination. For, if the rich are under obligation to support the poor, why not to support them better ; nay, why not to support them as well as themselves. Hence, the more provision there is of this kind, the greater will be the liability to collision between the two classes. If this be so, we see, that in order to accomplish the designs of our Creator in this respect, and thus present the strongest inducement to industry, 1. Property should be universally...
Page 210 - ... other commodity. Most other commodities have but one source of variation, namely, use or profit. But capital, in the form of money, is liable to two sources of variation, risk, and use. These vary, at different times, in different investments, and with different individuals. There is, therefore, less reason why the price of money should, be fixed by law, than why the price of anything else should be so fixed.
Page 123 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Page 240 - ... hung up before the fire to dry; and the milk-maid, having forgotten in her haste to tie up the cattle properly in the cow-house, one of the loose cows had broken the leg of a colt that happened to be kept in the same shed.

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