If The Demand For Home Commodities Should

If A Tax On Malt Would Raise The Price Of Beer, A Tax On Bread Must Raise The Price Of Bread.

There Is No Way Of Keeping Profits Up But By Keeping Wages Down.

Experience, However, Shows That Neither A State Nor A Bank Ever Have [sic] Had The Unrestricted Power Of Issuing Paper Money Without Abusing That Power; In All States, Therefore, The Issue Of Paper Money Ought To Be Under Some Check And Control; And None Seems So Proper For That Purpose As That Of Subjecting The Issuers Of Paper Money To The Obligation Of Paying Their Notes Either In Gold Coin Or Bullion.

I Have Already Expressed My Opinion On This Subject In Treating Of Rent, And Have Now Only Further To Add, That Rent Is A Creation Of Value, As I Understand That Word, But Not A Creation Of Wealth.

Rent Is The Portion Of The Earth, Which Is Paid To The Landlord For The User Of The Original And Indestructible Powers Of The Soil