William Churchill Houston 1746 1788
William Churchill Houston 1746 1788
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In our eReader you can find the full English version of the book. Read William Churchill Houston 1746 1788 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book William Churchill Houston 1746 1788
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It is better, both for the State and individuals, to have recourse to extraordinary taxes and contribu- tions to support the public exigencies. Too little money may be an evil, but too much is perhaps a greater; because a redundancy destroys one of the essential quali- ties of money, namely, that it should be so scarce as to be sought after at the value which the authority of the government has placed upon it. Industry, not money, is the riches of a nation. Spain has more mines, at least works ...more, than any other State; yet Spain is not rich. Money is got principally by mining and not by agri- culture or manufactures; but did individuals get it by industry and the community by taxes, both would be richer. The planter's farm and the manufacturer's shop is a better mine than any in Peru. Paper circulation is a delusive wealth, as far as it is not the representative of deposited coin. It is an anticipation upon an uncertainty, that is, upon the future industry of the community, and an excess of it destroys that very industry which ought to be its foundation.
What to read after William Churchill Houston 1746 1788?
You can find similar books in the "Read Also" column, or choose other free books by Thomas Allen Glenn to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It is better, both for the State and individuals, to have recourse to extraordinary taxes and contribu- tions to support the public exigencies. Too little money may be an evil, but too much is perhaps a greater; because a redundancy destroys one of the essential quali- ties of money, namely, that it should be so scarce as to be sought after at the value which the authority of the government has placed upon it. Industry, not money, is the riches of a nation. Spain has more mines, at least works ...more, than any other State; yet Spain is not rich. Money is got principally by mining and not by agri- culture or manufactures; but did individuals get it by industry and the community by taxes, both would be richer. The planter's farm and the manufacturer's shop is a better mine than any in Peru. Paper circulation is a delusive wealth, as far as it is not the representative of deposited coin. It is an anticipation upon an uncertainty, that is, upon the future industry of the community, and an excess of it destroys that very industry which ought to be its foundation.
What to read after William Churchill Houston 1746 1788?
You can find similar books in the "Read Also" column, or choose other free books by Thomas Allen Glenn to read onlineMoreLess
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