It Is Unjust That The Whole Of

It Is Not By Augmenting The Capital Of The Country, But By Rendering A Greater Part Of That Capital Active And Productive Than Would Otherwise Be So, That The Most Judicious Operations Of Banking Can Increase The Industry Of The Country.

Whatever Work He Does, Beyond What Is Sufficient To Purchase His Own Maintenance, Can Be Squeezed Out Of Him By Violence Only, And Not By Any Interest Of His Own.

That A Joint Stock Company Should Be Able To Carry On Successfully Any Branch Of Foreign Trade, When Private Adventurers Can Come Into Any Sort Of Open And Fair Competition With Them, Seems Contrary To All Experience.

Both Ground- Rents And The Ordinary Rent Of Land Are A Species Of Revenue Which The Owner, In Many Cases, Enjoys Without Any Care Or Attention Of His Own. The Annual Produce Of The Land And Labour Of The Society, The Real Wealth And Revenue Of The Great Body Of The People, Might Be The Same After Such A Tax As Before. Ground-rents, And The Ordinary Rent Of Land Are, Therefore, Perhaps The Species Of Revenue Which Can Best Bear To Have A Peculiar Tax Imposed Upon Them.

I Have No Faith In Political Arithmetic.