Two Letters Describing a Method of Increasing the Quantity of Circulating Money
Two Letters Describing a Method of Increasing the Quantity of Circulating Money
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Sect.
C » ) Sect. U. —Da>i S er of the Landed htereft.
Without fomething done to aflift the landed interest, the property in land will change hands almoft univerfally, or to a great extent, within a few years : lands will be brought to fale through the preffure of general diftrefs on the part of the land- owners, and the price, which was for fome time kept up by peculiar caufes, will then fall very low.
It is beginning to fall already ; and I have been we 1 . Nformed that an uncommon proportion... in value of the eftates put up to fale by auction within the laft year and more, have been bought in for want ofpurchafers at a fair price.
It is high time that the land-owners mould begm to look carefully to cheir own accommodation « refpea :K . The circulation of money, otherwife 'hey mud be ruined. This is ftating the cafe w, thout exaggeration j for the merchants are o«. «>ng vail fortunes, whilft the )and . Owners c are dw. Ndl. Ng into comparative infignificance, and are m no fmall danger of becoming « heW ers of wood and drawers of water" to their rivals, the men of trade.
What to read after Two Letters Describing a Method of Increasing the Quantity of Circulating Money?
You can find similar books in the "Read Also" column, or choose other free books by Ambrose Weston to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Sect.
C » ) Sect. U. —Da>i S er of the Landed htereft.
Without fomething done to aflift the landed interest, the property in land will change hands almoft univerfally, or to a great extent, within a few years : lands will be brought to fale through the preffure of general diftrefs on the part of the land- owners, and the price, which was for fome time kept up by peculiar caufes, will then fall very low.
It is beginning to fall already ; and I have been we 1 . Nformed that an uncommon proportion... in value of the eftates put up to fale by auction within the laft year and more, have been bought in for want ofpurchafers at a fair price.
It is high time that the land-owners mould begm to look carefully to cheir own accommodation « refpea :K . The circulation of money, otherwife 'hey mud be ruined. This is ftating the cafe w, thout exaggeration j for the merchants are o«. «>ng vail fortunes, whilft the )and . Owners c are dw. Ndl. Ng into comparative infignificance, and are m no fmall danger of becoming « heW ers of wood and drawers of water" to their rivals, the men of trade.
What to read after Two Letters Describing a Method of Increasing the Quantity of Circulating Money?
You can find similar books in the "Read Also" column, or choose other free books by Ambrose Weston to read onlineMoreLess
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