The Elements of Political Economy

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Leavitt, Lord, 1837 - 472 pages
 

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Page 213 - 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 109 - Seest thou a man diligent in his business? he shall stand before kings ; he shall not stand before mean men...
Page 71 - 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 71 - By his admirable contrivance, it has become a thing stupendous alike for its force and its flexibility, for the prodigious power which it can exert, and the ease, and precision, and ductility, with which it can be varied, distributed, and applied. The trunk of an elephant, that can pick up a pin or rend an oak, is as nothing to it.
Page 71 - 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 427 - There being no means of closing it externally, it was on the swing every time a person went out, and many of the poultry were lost in consequence. One day, a fine young porker made his escape into the woods, and the whole family, gardener, cook, milk-maid, &c. presently turned out in quest of the fugitive. The gardener was the first to discover the object of pursuit, and in leaping a ditch to cut off his further escape, got a sprain that confined him to his bed for the next fortnight: the cook found...
Page vi - The principles of Political Economy are so closely analogous to those of Moral Philosophy, that almost every question in the one, may be argued on grounds belonging to the other.
Page 429 - ... individual by whom it is carried on. A man, in order to be a skilful producer, must be acquainted with the laws of production ; that is, those laws of nature and of society, which govern the transaction in which he is engaged. Hence, we see the importance of accurate knowledge, and sound mental discipline, to all the classes of society. We see, in the above remarks, another illustration of the truth, that the benefit of one is the benefit of all, and the injury of one is the injury of all. If...
Page 298 - There are instances in which the stockholders, by paying for their shares in their own notes, and afterwards redeeming their notes with the stock in their name, suffered no loss ; and this fell exclusively on the holders of bank-notes and depositors.
Page 470 - But it is not confined to that quarter. Wherever property is insecure, it is invariably resorted to. Mr. Wakefield tells us that it is common in Ireland. — (Account of Ireland, vol. ip 593.) It has always prevailed to a considerable extent in Russia and France; and in the latter, during the revolutionary anarchy, immense sums were buried, of which it is abundantly certain a large proportion will never be resuscitated.

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