The capital which is employed in purchasing in one part of the country in order to sell in another the produce of the industry of that country, generally replaces by every such operation two distinct capitals that had both been employed in the agriculture... Blackwood's Edinburgh Magazine - Page 4251886Full view - About this book
| Adam Smith - Economics - 1789 - 550 pages
...the produce of the induftry of that country, generally replaces by every fuch operation two diftinct capitals that had both been employed in the agriculture or manufactures of that countryx and thereby enables them to continue that employment. When it fends out from the refidence... | |
| Adam Smith - 1811 - 532 pages
...order to sell in another, the produce of the industry of that country, generally replaces, by every such operation, two distinct capitals, that had both...been employed in the agriculture or manufactures of thatcountry,and thereby enables them to continue that employment. When it sends out from the residence... | |
| Charles Ganilh - Economics - 1812 - 520 pages
...with those resulting from the home-trade ; and he grounds his opinion on the following argument : " The capital which is employed in purchasing, in one...the industry of that country, generally replaces, by every such operation, two distinct capitals that had both been employed in the agriculture or manufactures... | |
| Joseph Chitty - Commercial law - 1824 - 1090 pages
...that it would be impossible to state them in any words so advantageously as his own. He says, (3) " The capital which is employed in purchasing in one...order to sell in another the produce of the industry in that country, generally replaces by every such operation two distinct capitals, that had both been... | |
| G. Robertson - Economics - 1830 - 480 pages
...the greatest quantity of productive labour is also the most beneficial to the country. He states : " The capital which is employed in purchasing " in one...industry of that " country, generally replaces by every such opera" tion two distinct capitals that had both been em" ployed in the agriculture and manufactures... | |
| Adam Smith - Economics - 1835 - 494 pages
...transacting the commerce of foreign countries, or in carrying the surplus produce of one to anotherThe capital which is employed in purchasing in one part...the industry of that country, generally replaces by every such operation two distinct capitals that had both been employed in the agriculture or manufactures... | |
| William Atkinson - Economic history - 1838 - 96 pages
...in favour of the former, and in order to prove its correctness frames the following proposition : " The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation TWO distinct capitals that had both been employed in the agriculture or manufactures... | |
| 1842 - 678 pages
...chapter: — '"The capital which is employed in purchasing ш one part of the country, in order to sell if another the produce of the industry of that country, generally replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures... | |
| Commerce - 1843 - 590 pages
...Nations," Adam Smith necessarily admits the superior advantage of the home trade, as follows : — " The capital which is employed in purchasing in one...the industry of that country, generally replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures... | |
| Horace Greeley - Protectionism - 1843 - 394 pages
...in favor ef the former, and, in order to PROVE its correctness, frames the following proposition : " The capital which is employed in purchasing in one...the industry of that country, generally replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures... | |
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