The Division Of Labour Was Limited By

Every Faculty In One Man Is The Measure By Which He Judges Of The Like Faculty In Another. I Judge Of Your Sight By My Sight, Of Your Ear By My Ear, Of Your Reason By My Reason, Of Your Resentment By My Resentment, Of Your Love By My Love. I Neither Have, Nor Can Have, Any Other Way Of Judging About Them.

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.

The Uniform, Constant, And Uninterrupted Effort Of Every Man To Better His Condition . . . Is Frequently Powerful Enough To Maintain The Natural Progress Of Things Toward Improvement, In Spite Of The Extravagance Of Government, And Of The Greatest Errors Of Administration.

It Is Not The Actual Greatness Of National Wealth, But Its Continual Increase, Which Occasions A Rise In The Wages Of Labour. It Is Not, Accordingly, In The Richest Countries, But In The Most Thriving, Or In Those Which Are Growing Rich The Fastest, That The Wages Of Labour Are Highest. England Is Certainly, In The Present Times, A Much Richer Country Than Any Part Of North America. The Wages Of Labour, However, Are Much Higher In North America Than In Any Part Of England.

Such Regulations May, No Doubt, Be Considered As In Some Respect A Violation Of Natural Liberty. But Those Exertions Of The Natural Liberty Of A Few Individuals, Which Might Endanger The Security Of The Whole Society, Are, And Ought To Be, Restrained By The Laws Of All Governments; Of The Most Free, As Well As Or The Most Despotical. The Obligation Of Building Party Walls, In Order To Prevent The Communication Of Fire, Is A Violation Of Natural Liberty, Exactly Of The Same Kind With The Regulations Of The Banking Trade Which Are Here Proposed.