A Treatise On Political Economy; Or, the Production, Distribution And Consumption of Wealth

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Nature is active in closing the wounds and healing the bruises inflicted by our own awkwardness and intemperance. In like manner, states maintain themselves, nay, often increase in prosperity, spite of the infinite injuries of every description, which friends as well as enemies heap upon them. And it is worth remarking, that the most industrious nations are those, which are the most subjected to such outrage, because none others could survive them. The cry is then ' our system must be the true ...one, for the national prosperity is advancing.' Whereas, were we to take an enlightened view of the circumstances, that, for the last three centuries, have combined to develop the power and faculties of man; to survey with the eye of intelligence the progress of navigation, of discovery, of invention in every branch of art and science; to take account of the variety of useful animals and vegetables that have been transplanted from one hemisphere to the other, and to give a due attention to the vast enlargement and increased solidity both of science and of its practical application, that we are daily witnesses of, we , can not resist the conviction, that our actual prosperity is no- thing to what it might have been; that it is engaged in a per- petual struggle against the obstacles and impediments thrown into its way; and that, even in those parts of the world where mankind is deemed the most enlightened, a great part of their time and exertions is occupied in destroying instead of multi- plying their resources, in despoiling instead of assisting each other; and all for want of correct knowledge and information respecting their real interests,* But, to return to the subject, we have just been examining the nature of the injury, that a community suffers by difficul- ties thrown in the way of the introduction of foreign commo- dear a rate, were quickly abandoned; and the manufacture was transferred to Spain, along with great part of the capital, and many of the hands em- ployed.

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