Three Lectures on the Transmission of the Precious Metals from Country to Country and the Mercantile Theory of Wealth: Delivered Before the University of Oxford, in June, 1827J. Murray, 1828 - 96 pages |
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Page 3
... force the production at home , of what can be obtained better , or more cheaply , from abroad . But he urges , that the opulence of the whole community is best promoted by en- couraging its domestic industry . And that the industry of ...
... force the production at home , of what can be obtained better , or more cheaply , from abroad . But he urges , that the opulence of the whole community is best promoted by en- couraging its domestic industry . And that the industry of ...
Page 4
... force of this argument , as applied to nations willing to take in exchange our commodities . To them he is willing to open our market on a footing , as he calls it , of reciprocity . But he urges , that there are many who refuse our ...
... force of this argument , as applied to nations willing to take in exchange our commodities . To them he is willing to open our market on a footing , as he calls it , of reciprocity . But he urges , that there are many who refuse our ...
Page 41
... force him to increase the money in his custody to ten times its usual amount , we should impoverish rather than enrich him . But when men reason upon national wealth , they seem to forget that it is merely the aggregate of the wealth ...
... force him to increase the money in his custody to ten times its usual amount , we should impoverish rather than enrich him . But when men reason upon national wealth , they seem to forget that it is merely the aggregate of the wealth ...
Page 42
... force of prohibitions , restrictions and bounties , we had been able for twenty years together to make our exports exceed in value our imports , to the amount , we will say , of five millions sterling , and to receive and retain the ...
... force of prohibitions , restrictions and bounties , we had been able for twenty years together to make our exports exceed in value our imports , to the amount , we will say , of five millions sterling , and to receive and retain the ...
Page 43
... force him to increase the money in his custody to ten times its usual amount , we should impoverish rather than enrich him . But when men reason upon national wealth , they seem to forget that it is merely the aggregate of the wealth ...
... force him to increase the money in his custody to ten times its usual amount , we should impoverish rather than enrich him . But when men reason upon national wealth , they seem to forget that it is merely the aggregate of the wealth ...
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Common terms and phrases
advantages Agriculture amount argument benefit Bishop of Calcutta Britain calf elegant calf gilt calf neat Captain CHRISTOPHER WORDSWORTH cious metals College currency dependence domestic Edition English Engravings evil exchange expense extent five millions folio foreign commerce foreign commodities foreign competition foreign supply France free trade French gilt leaves gold and silver half bound Husbandry Illustrations immediate importation increased independent of foreign labour large paper LATE FELLOW LECTURES London Lord William Bentinck loss MAGDALEN COLLEGE manufacturers marble leaves ment mercantile sys mercantile system mercantile theory METALS FROM COUNTRY million sterling MURRAY NASSAU WILLIAM SENIOR neighbours notes numbers obtained occasion payment PENINSULAR WAR plates plausible defence Political Economy Portraits Post 8vo precious metals present principles produce published ribands ROBERT SOUTHEY russia siege of Zaragoza silks sion soil sovereigns suffer supposed THEORY OF WEALTH tile theory tion TRANSMISSION uncut University of Oxford vols WILLIAM SOTHEBY
Popular passages
Page 53 - That the maxim of buying in the cheapest market, and selling in the dearest, which regulates every merchant in his individual dealings, is strictly applicable as the best rule for the trade of the whole nation.
Page 1 - What is prudence in the conduct of every private family, can scarcely be folly in that of a great kingdom.
Page 72 - HAMPDEN'S (BISHOP) Essay on the Philosophical Evidence of Christianity, or the Credibility obtained to a Scripture Revelation from its Coincidence with the Facts of Nature.
Page 54 - ... against foreign competition, is set up as a ground of claim by other branches for similar protection; so that if the reasoning upon which these restrictive or prohibitory regulations are founded were followed out consistently, it would not stop short of excluding us from all foreign commerce whatsoever.
Page 73 - Six Discourses delivered before the Royal Society, at their Anniversary Meetings, on the Award of the Royal and Copley Medals ; preceded by an Address to the Society, delivered in 1800, on the Progress and Prospects of Science.
Page 48 - ... objectionable be suggested ; but it is against every restrictive regulation of trade not essential to the revenue, against all duties merely protective from foreign competition, and against the excess of such duties as are partly for the purpose of revenue, and partly for that of protection, that the prayer of the present petition is respectfully submitted to the wisdom of Parliament...
Page 47 - As long as the necessity for the present amount of revenue subsists, your petitioners cannot expect so important a branch of it as the customs to be given up, nor to be materially diminished, unless some substitute, less objectionable, be suggested.
Page 53 - That a policy founded on these principles would render the commerce of the world an interchange of mutual advantages, and diffuse an increase of wealth and enjoyments among the inhabitants of each State.
Page 17 - 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.