A Select Collection of Scarce And Valuable Economical Tracts, volume 7
A Select Collection of Scarce And Valuable Economical Tracts, volume 7
John Ramsay Mcculloch
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It seems also we may form an inference, that in the profits of the two laborious classes, either in the culture of the earth or industry, there is a disposable portion, namely, that which answers to the interest of the advances, calculated On the current rate of interest of money lent; it appears also that this conclusion seems to agree with what we have said, that the mere class of proprietors had a revenue properly so called, a disposing revenue, and that all the members of the other classes ...had only salaries or profits. 71 This Digitized by Google 312 Rejections 07i the Formation This merits some future inquiry. If we consider the thousand crowns that a man receives annually^ who has lent 60^000 livres^ to a merchant^ in respect to the use he may make of it^ there is no doubt of this being perfectly disposable^ since the enterprize may subsist without it. § 96. TTie interest of the money is not disposable in one sense, viz, so as the state may be authorized to appro^ priate, tvithout any inconvenience, a part to supply its wants.
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