On Commercial Economy, in Six Essays: Viz. Machinery, Accumulation of Capital, Production, Consumption, Currency, and Free TradeJ. Ridgway, 1830 - 260 pages |
From inside the book
Results 1-5 of 21
Page 31
... evidence of being caused by over - abundance of capital , which competition had rendered unproductive in the usual channels . About 1720 , the Go- vernment proceeded to lower the interest of the National Debt , an idea which would not ...
... evidence of being caused by over - abundance of capital , which competition had rendered unproductive in the usual channels . About 1720 , the Go- vernment proceeded to lower the interest of the National Debt , an idea which would not ...
Page 34
... evidences at this moment of accumulated capital are so many , as hardly to need illustration . The state of the public funds may suffice . In a time of war or panic , when money is in great request , and difficult of access , more stock ...
... evidences at this moment of accumulated capital are so many , as hardly to need illustration . The state of the public funds may suffice . In a time of war or panic , when money is in great request , and difficult of access , more stock ...
Page 47
... evidence of this ; there are thousands at this moment eating the bread of capital , who would gladly produce , and are com- pelled to be idle . In the month of November ( I believe ) last , at a meeting of the manufacturers of India ...
... evidence of this ; there are thousands at this moment eating the bread of capital , who would gladly produce , and are com- pelled to be idle . In the month of November ( I believe ) last , at a meeting of the manufacturers of India ...
Page 51
... evidences of comparative overproduction . 66 * There are cases where machinery , instead of depriving the labourer of employment , continues it to him . Fifty years ago , the mines of Cornwall were nearly at a stand , and no power ...
... evidences of comparative overproduction . 66 * There are cases where machinery , instead of depriving the labourer of employment , continues it to him . Fifty years ago , the mines of Cornwall were nearly at a stand , and no power ...
Page 55
... evidence of overproduction . Overproduction , then , not only does exist ; but there is a constant tendency towards its existence . It is calculated , on the estimate of remunerating wages , that every labourer , on an average , pro ...
... evidence of overproduction . Overproduction , then , not only does exist ; but there is a constant tendency towards its existence . It is calculated , on the estimate of remunerating wages , that every labourer , on an average , pro ...
Other editions - View all
On Commercial Economy, in Six Essays: Viz. Machinery, Accumulation of ... Edward Stillingfleet Cayley No preview available - 2015 |
Common terms and phrases
accumulation of capital advantage agricultural produce America amount artificial average price Bank Bank of England bar iron Bill Britain British bullion bushel of wheat cause cheaper cheapness circulating medium coal coins commercial commodities competition consequence consumers Corn Law cotton creditor currency debt demand depreciated currency depreciation diminished diminution distress doubled duction effect employment England English equal Eton College exchange existed exports fall fixed property France free trade fund fundholder gold Government gradual grower improvement increase industry investment iron land late less machinery manual labour manufac manufactures means ment metallic standard millions nation natural operation ounce of silver perty population pound notes present price of corn price of wheat prices of property profits property and labour proportion prosperity quantity rise Russia scarcity shew silver standard sumers sumption supply suppose surplus Tariff of 1828 taxation tion wages wants wool woollen
Popular passages
Page 1 - Nay, take my life and all; pardon not that. You take my house, when you do take the prop That doth sustain my house ; you take my life, When you do take the means whereby I live.
Page 163 - America pays you for her protection. And shall a miserable financier come with a boast, that he can fetch a peppercorn into the exchequer to the loss of millions to the nation ? I dare not say how much higher these profits may be augmented.
Page 61 - The antiquity of his art is certainly not to be contested by any other. The three first men in the world were a gardener, a ploughman, and a grazier; and if any man object that the second of these was a murderer, I desire he would consider, that as soon as he was so, he quitted our profession and turned builder. It is for this reason, I suppose, that Ecclesiasticus forbids us to hate husbandry; because, says he, the Most High has created it.
Page 213 - ... so essentially connected with every other, and so superior in importance to them all, that it is scarcely necessary to invite to it your particular attention. It is principally as manufactures and commerce tend to increase the value of agricultural productions, and to extend their application to the wants and comforts of society, that they deserve the fostering care of government.
Page 18 - ... for while a capital is employed in this country it must create a demand for some labour; machinery cannot be worked without the assistance of men, it cannot be made but with the contribution of their labour. By investing part of a capital in improved machinery, there will be a diminution in the progressive demand for labour; by exporting it to another country, the demand will be wholly annihilated.
Page 192 - ... danger of wanting employment. The emulation among rival nations serves rather to keep industry alive in all of them. And any people is happier who possess a variety of manufactures, than if they enjoyed one single great manufacture, in which they are all employed. Their situation is less precarious; and they will feel less sensibly those revolutions and uncertanties, to which every particular branch of commerce will always be exposed.
Page 153 - Bank issues as having usually taken place at those periods antecedent to the suspension of the cash payments of the Bank, when they experienced any material run. A very urgent demand for Guineas, though arising not from the high price of Gold and the state of the Exchange, but from a fear of Invasion, occurred in 1793, and also in...
Page 225 - Besides, this distance is the cause that those who are established there cannot conform to the manner of living in a climate so different from their own; they are obliged therefore to draw from the mother country all the conveniences of life. The...
Page 214 - They, therefore, recommend the adoption of the following resolution : — Resolved, by the Senate and House of Representatives of the State of Delaware, in General Assembly met, That the tariff of 1828, accords with the spirit of the constitution of the United States, and is a protection to home industry, from the overwhelming influence of foreign rivalry.
Page 207 - for forming this opinion principally " consist in the natural advantages that England possesses, " from the circumstance of the iron stone and coal being " invariably found in the same spot, and thus affording a " means of manufacturing iron at a cheap rate ; the talent " and ingenuity of the workmen ; the immense spare capital " we have in this country ; the circumstance of our canals " and railroads already established, enabling us to bring '' the raw material from the interior of the country...