The Exchangeable Value Of All Commodities Rises

Like All Other Contracts, Wages Should Be Left To The Fair And Free Competition Of Themarket, And Should Never Be Controlled By The Interference Of The Legislature.

Labour, Like All Other Things Which Are Purchased And Sold, And Which May Be Increased Or Diminished In Quantity, Has Its Natural And Its Market Price. The Natural Price Of Labour Is That Price Which Is Necessary To Enable The Labourers, On With Another, To Subsist And To Perpetuate Their Race, Without Either Increase Or Diminution.

A Bounty On The Exportation Of Corn Tends To Lower Its Price To The Foreign Consumer, But It Has No Permanent Effect On Its Price In The Home Market.

It Is Here We Come To The Heart Of The Matter. The Economic Principle Of Comparative Advantage', 'a Country May, In Return For Manufactured Commodities, Import Corn Even If It Can Be Grown With Less Labour Than In The Country From Which It Is Imported

By Far The Greatest Part Of Those Goods Which Are The Objects Of Desire, Are Procured By Labour And They May Be Multiplied, Not In One Country Alone, But In Many, Almost Without Any Assignable Limit, If We Are Disposed To Bestow The Labour Necessary To Obtain Them.