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" The capital which is employed in purchasing in one part of the country, in order to sell in another, the produce of the industry of that country, generally replaces, by every such operation, two distinct capitals, that had both been employed in the agriculture... "
An Inquiry Into the Nature and Causes of the Wealth of Nations - Page 460
by Adam Smith - 1835
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - Division of labor - 1786 - 538 pages
...the produce of the induftry of chat country, generally replaces by every fuch operation two diftinct capitals that had both been employed in the agriculture...enables them to continue that employment. When it fends out from the refidence of the merchant a certain value of commodities, it generally brings back...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - Economics - 1811 - 544 pages
...the produce of the induftry of that country, generally replaces by every fuch operation two diftinct capitals that had both been employed in the agriculture...enables them to continue that employment. When it fends out from the refidence of the merchant a certain value of commodities, it generally brings back...
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An Inquiry Into the Various Systems of Political Economy: Their Advantages ...

Charles Ganilh - Economics - 1812 - 520 pages
...those resulting from the home-trade ; and he grounds his opinion on the following argument : " The capital which is employed in purchasing, in one part...agriculture or manufactures of that country ; and thereby enable^ them to continue that employment. When it sends out from the residence of the merchant a certain...
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The Pamphleteer, Volume 4

Abraham John Valpy - Great Britain - 1814 - 600 pages
...of society well worth preserving. Dr. Adam Smith, treating of the employment of capital, observes, " When it sends out from the residence of the merchant a certain value of commodities, it generally -bring! back in return, at least an equ^l value of other commodities. "When both are the product of...
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A Treatise on the Laws of Commerce and Manufactures, and the ..., Volume 1

Joseph Chitty - Commercial law - 1824 - 1090 pages
...it would be impossible to state them in any words so advantageously as his own. He says, (3) " The capital which is employed in purchasing in one part...order to sell in another the produce of the industry in that country, generally replaces by every such operation two distinct capitals, that had both been...
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Essays on Political Economy: In which are Illustrated the Principal Causes ...

G. Robertson - Economics - 1830 - 480 pages
...greatest quantity of productive labour is also the most beneficial to the country. He states : " The capital which is employed in purchasing " in one part...of that " country, generally replaces by every such opera" tion two distinct capitals that had both been em" ployed in the agriculture and manufactures...
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Merchants' Magazine and Commercial Review, Volume 8

Commerce - 1843 - 588 pages
...Nations," Adam Smith necessarily admits the superior advantage of the home trade, as follows: — " The capital which is employed in purchasing in one part...industry of that country, generally replaces, by every euch operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures...
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The Merchants' Magazine and Commercial Review, Volume 8

1843 - 590 pages
...Nations," Adam Smith necessarily admits the superior advantage of the home trade, as follows : — " The capital which is employed in purchasing in one part of the country, in order to •ell in another the produce of the industry of that country, generally replaces, by every such operation,...
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The Quarterly Review, Volume 86

William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, Sir John Murray IV, Rowland Edmund Prothero (Baron Ernle) - English literature - 1850 - 612 pages
...of lucid reasoning, is clear, unequivocal, decisive. In his Second Book, chap, v., he says — ' The capital which is employed in purchasing in one part...replaces by every such operation two distinct capitals. The capital which sends Scotch manufactures to London and brings back English corn and manufactures...
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The Quarterly Review, Volume 86

William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, Sir John Murray IV, Rowland Edmund Prothero (Baron Ernle) - English literature - 1850 - 608 pages
...of lucid reasoning, is clear, unequivocal, decisive. In his Second Book, chap, v., he says — ' The capital which is employed in purchasing in one part...replaces by every such operation two distinct capitals. The capital which fends Scotch manufactures to London and brings back English corn and manufactures...
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