An Inquiry Into the Nature And Causes of the Wealth of Nations 2
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Part of this money of the great mercantile republic may have been, and probably was, employed in carrying on the late war. In time of a general war, it is natural to fuppofe that a movement and direction mould be impreffed upon it, different from what it tffually follows in profound peace; that it fiiould circulate more about the feat of the war, and be more employed in purchasing there, and in the neighbouring countries, the pay and provifions of the different armies. But whatever part of this... money of the mercantile republic Great Britain may have annually employed in this manner, THE WEALTH OF NATIONS. 1J3 manner, it muft have been annually purchafed, c H j A p * either with Britifh commodities, or with fome- *-— * thing elfe that had been purchafed with them ; which ftill bring us back to commodities, to the annual produce of the land and labour of the country, as the ultimate refources which enabled us to carry on the war. It is natural indeed to fuppofe, that fo great an annual expence muft have been defrayed from a great annual produce.
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You can find similar books in the "Read Also" column, or choose other free books by Smith, Adam, 1723-1790 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Part of this money of the great mercantile republic may have been, and probably was, employed in carrying on the late war. In time of a general war, it is natural to fuppofe that a movement and direction mould be impreffed upon it, different from what it tffually follows in profound peace; that it fiiould circulate more about the feat of the war, and be more employed in purchasing there, and in the neighbouring countries, the pay and provifions of the different armies. But whatever part of this... money of the mercantile republic Great Britain may have annually employed in this manner, THE WEALTH OF NATIONS. 1J3 manner, it muft have been annually purchafed, c H j A p * either with Britifh commodities, or with fome- *-— * thing elfe that had been purchafed with them ; which ftill bring us back to commodities, to the annual produce of the land and labour of the country, as the ultimate refources which enabled us to carry on the war. It is natural indeed to fuppofe, that fo great an annual expence muft have been defrayed from a great annual produce.
What to read after An Inquiry Into the Nature And Causes of the Wealth of Nations 2?
You can find similar books in the "Read Also" column, or choose other free books by Smith, Adam, 1723-1790 to read onlineMoreLess
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