Taxation Under Every Form Presents But A

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

...i Wish That I May Never Think The Smiles Of The Great And Powerful A Sufficient Inducement To Turn Aside From The Straight Path Of Honesty And The Convictions Of My Own Mind.

It Has Therefore Been Justly Observed That However Honestly The Coin Of A Country May Conform To Its Standard, Money Made Of Gold And Silver Is Still Liable To Fluctuations In Value, Not Only To Accidental, And Temporary, But To Permanent And Natural Variations, In The Same Manner As Other Commodities.

Gold And Silver Are No Doubt Subject To Fluctuations, From The Discovery Of New And More Abundant Mines; But Such Discoveries Are Rare, And Their Effects, Though Powerful, Are Limited To Periods Of Comparatively Short Duration.

No Extension Of Foreign Trade Will Immediately Increase The Amount Of Value In A Country, Although It Will Very Powerfully Contribute To Increase The Mass Of Commodities And Therefore The Sum Of Enjoyments.