A Bounty On The Exportation

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.

There Can Be No Rise In The Value Of Labour Without A Fall Of Profits.

The Price Of Corn Will Naturally Rise With The Difficulty Of Producing The Last Portions Of It.

It Is Not By The Absolute Quantity Of Produce Obtained By Either Class, That We Can Correctly Judge Of The Rate Of Profit, Rent, And Wages, But By The Quantity Of Labour Required To Obtain That Produce.

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.