The Rate Of Profit... Is

It Would Be Too Ridiculous To Go About Seriously To Prove That Wealth Does Not Consist In Money, Or In Gold And Silver; But In What Money Purchases, And Is Valuable Only For Purchasing. Money No Doubt, Makes Always A Part Of The National Capital; But It Has Already Been Shown That It Generally Makes But A Small Part, And Always The Most Unprofitable Part Of It.

Good Roads, Canals, And Navigable Rivers, By Diminishing The Expence Of Carriage, Put The Remote Parts Of The Country More Nearly Upon A Level With With Those Of The Neighbourhood Of The Town. They Are Upon That The Greatest Of All Improvements.

The Necessaries Of Life Occasion The Great Expense Of The Poor. They Find It Difficult To Get Food, And The Greater Part Of Their Little Revenue Is Spent In Getting It. The Luxuries And Vanities Of Life Occasion The Principal Expense Of The Rich, And A Magnificent House Embellishes And Sets Off To The Best Advantage All The Other Luxuries And Vanities Which They Possess ... It Is Not Very Unreasonable That The Rich Should Contribute To The Public Expense, Not Only In Proportion To Their Revenue, But Something More Than In That Proportion.

The Directors Of Such Companies, However, Being The Managers Rather Of Other People's Money Than Of Their Own, It Cannot Well Be Expected, That They Should Watch Over It With The Same Anxious Vigilance With Which The Partners In A Private Copartnery Frequently Watch Over Their Own.... Negligence And Profusion, Therefore, Must Always Prevail, More Or Less, In The Management Of The Affairs Of Such A Company.

But Avarice And Ambition In The Rich, In The Poor The Hatred Of Labour And The Love Of Present Ease And Enjoyment, Are The Passions Which Prompt To Invade Property, Passions Much More Steady In Their Operation, And Much More Universal In Their Influence. Wherever There Is Great Property There Is Great Inequality. For One Very Rich Man There Must Be At Least Five Hundred Poor, And The Affluence Of The Few Supposes The Indigence Of The Many.