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able acquire additional advantage afford agriculture appears arising augment balance bank become better bills capital CAROLINE cause certainly circulation classes cloth coined commerce commodities consequence consider considerable consumed corn cost cultivation currency demand depreciation derived economy effect employed employment enable encourage England equal established exchange expense exportation fall farm farmer foreign give gold greater hands imports improvement increase industry instance interest labour land laws less lower luxuries maintain manufactures means measure merchants metals mode nature necessary observed obtain paid persons political poor population possessed present produce profits proportion proprietor purchase quantity raise receive remain render rent rich rise scarce scarcity sell shillings silver soil specie subsistence supply suppose thing towns trade true understand usual wages wealth whilst whole
Pagina 59 - One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head; to make the head requires two or three distinct operations; to put it 'on is a peculiar business, to whiten the pins is another ; it is even a trade by itself to put them into the paper ; and the I important business of making a pin is, in this manner, divided into about eighteen distinct operations, which in some manufactories are all performed by distinct hands,...
Pagina 346 - Yet count our gains. This wealth is but a name, That leaves our useful products still the same, Not so the loss. The man of wealth and pride Takes up a space that many poor supplied ; Space for his lake, his park's extended bounds, Space for his horses, equipage, and hounds : The robe that wraps his limbs in silken sloth, Has robb'd the neighbouring fields of half their growth ; His seat, where solitary sports are seen, Indignant spurns the cottage from the green ; Around the world each needful product...
Pagina 59 - The shepherd, the sorter of the wool, the wool-comber or carder, the dyer, the scribbler, the spinner, the weaver, the fuller, the dresser, with many others, must all join their different arts in order to complete even this homely production.
Pagina 59 - But if they had all wrought separately and independently, and without any of them having been educated to this peculiar business, they certainly could not each of them have made twenty, perhaps not one pin in a day ; that is, certainly, not the two hundred and fortieth, perhaps not the four thousand eight hundredth, part of what they are at present capable of performing, in consequence of a proper division and combination of their different operations.
Pagina 45 - But every man, when he enters into society, gives up a part of his natural liberty, as the price of so valuable a purchase ; and in consideration of receiving the advantages of mutual commerce, obliges himself to conform to those laws, which the community has thought proper to establish.
Pagina 250 - It is because high or low wages and profit must be paid, in order to bring a particular commodity to market, that its price is high or low. But it is because its price is high or low; a great deal more, or very little more, or no more, than what is sufficient to pay those wages and prof1t, that it affords a high rent, or a low rent, or no rent at all.
Pagina 246 - The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it will purchase scarce anything; scarce anything can be had in exchange for it.
Pagina 59 - ... if we examine, I say, all these things, and consider what a variety of labour is employed about each of them, we shall be sensible that without the assistance and co-operation of many thousands the very meanest person in a civilized country could not be provided, even according to, what we very falsely imagine, the easy and simple manner in which he is commonly accommodated.
Pagina 59 - ... where ten men only were employed and where some of them consequently performed two or three distinct operations. But though they were very poor and therefore but indifferently accommodated with the necessary machinery, they could, when they exerted themselves, make among them about twelve pounds of pins in a day.