The day will come, sooner or later, when people will wonder at the necessity of taking all this trouble to expose the folly of a system, so childish and absurd, and yet so often enforced at the point of a bayonet.
What would people think of a tradesman, that was to give a ball in his shop, hire performers, and hand refreshments about, with a view to benefit his business?
The command of a large sum is a dangerous temptation to a national administration. Though accumulated at their expense, the people rarely, if ever profit by it: yet in point of fact, all value, and consequently, all wealth, originates with the people.
The quantity of money, which is readily parted with to obtain a thing is called its price.
I have made no distinction between the circulation of goods and of money, because there really is none.
At Newfoundland, it is said, that dried cod performs the office of money
One product is always ultimately bought with another, even when paid for in the first instance with money.
When war becomes a trade, it benefits, like all other trades, from the division of labour.
The manner in which things exist and take place, constitutes what is called the nature of things; and a careful observation of the nature of things is the sole foundation of all truth.
A science only advances with certainty, when the plan of inquiry and the object of our researches have been clearly defined; otherwise a small number of truths are loosely laid hold of, without their connexion being perceived, and numerous errors, without being enabled to detect their fallacy.
And let no government imagine, that, to strip them of the power of defrauding their subjects, is to deprive them of a valuable privilege. A system of of swindling can never be long lived, and must infallibly in the end produce much more loss than profit.
capital cannot be more beneficially employed, then in strengthening and aiding the productive powers of nature.
Capital in the hands of a national government forms a part of the gross national capital.
The government has, in all countries, a vast influence, in determining the character of the national consumption; not only because it absolutely directs the consumption of the state itself, but because a great proportion of the consumption of individuals is gained by its will and example.
It is doubtless very desirable, that private persons should have a correct knowledge of their personal interests; but it must be infinitely more so, that governments should possess that knowledge.