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" ... is supposed to be greater than the returns, of which every operation eats up a part of the capital employed in it, and which is of such a nature, that, if all other trades resembled it, there would soon be no capital left in the country. "
The National Cyclopaedia of Useful Knowledge - Page 685
1853
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A Treatise on the Principles, Practice, & History of Commerce

John Ramsay McCulloch - 1833 - 142 pages
...The bounty is given in order to make up this loss, and to encourage him to continue, or perhaps lo begin, a trade of which the expense is supposed to...there would soon be no capital left in the country. ' The trades, it is to be observed, which are carried on by means of bounties, are the only ones which...
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The Penny Cyclopaedia of the Society for the Diffussion of Useful ..., Volume 5

1836 - 562 pages
...devised for the purpose of producing an equilibrium between the cost of production, the market price, and a remunerating price, the last of which alone...supposed to be greater than the returns ; of which every operatior eats up a part of the capital employed in it, and which is of such a nature, that if all...
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An inquiry into the nature and causes of the wealth of nations. With a comm ...

Adam Smith - 1836 - 538 pages
...him to send them to market. The bounty is given in order to make up this loss, and to encourage him to continue, or perhaps to begin, a trade of which...there would soon be no capital left in the country. The trades, it is to be observed, which are carried on by means of bounties, are the only ones which...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1838 - 476 pages
...him to send them to market. The bounty is given in order to make up this loss, and to encourage him to continue, or, perhaps to begin a trade, of which...greater than the returns, of which every operation cats up a part of the capital employed in it, and which is of suc!) a nature, that if all other trades...
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A cyclopædia of commerce, mercantile law, finance, and commercial geography ...

Encyclopaedias, William Waterston - 1843 - 724 pages
...him to send them to market. The bounty is given in order to make up this löste, and to encourage him to continue or perhaps to begin a trade of which the...greater than the returns, of which every operation cats up a portion of the capital employed in it, and which is of such a nature that if all other trades...
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Political Dictionary: Abandonment-Eyre

1845 - 908 pages
...alone promotes the conBOUNTY. BREVET. slant activity of every species of industry. Smith <>l)serves, " The bounty is given in order to make up this loss,...if all other trades resembled it, there would soon lie no capital left in the country." And he addtt — "The trades, it is to 1* oliserved, which are...
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View of the Progress of Political Economy in Europe Since the Sixteenth ...

Sir Travers Twiss - 1847 - 356 pages
...him to send them to market. The bounty is given in order to make up this loss, and to encourage him to continue, or perhaps to begin, a trade of which...there would soon be no capital left in the country." Prejudicial " The trades, it is to be observed, which are carried wealth?"" 1 on by means of bounties,...
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View of the Progress of Political Economy in Europe Since the Sixteenth Century

Travers Twiss - 1847 - 358 pages
...him to send them to market. The bounty is given in order to make up this loss, and to encourage him to continue, or perhaps to begin, a trade of which...there would soon be no capital left in the country." Prejudicial " The trades, it is to be observed, which are carried wealth?"21 on by means of bounties,...
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The Collected Works of Dugald Stewart, Volume 9

Dugald Stewart - 1856 - 502 pages
...them to market. The bounty is given in order to make up this loss, and to encourage him to continue, perhaps to begin a trade of which the expense is supposed...there would soon be no capital left in the country. . . . If the bounty did not repay to the merchant what he would otherwise lose upon the price of his...
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The Collected Works of Dugald Stewart: Lectures on political economy ... To ...

Dugald Stewart - 1856 - 512 pages
...them to market. The bounty is given in order to make up this loss, and to encourage him to continue, perhaps to begin a trade of which the expense is supposed...there would soon be no capital left in the country. ... If the bounty did not repay to the merchant what he would otherwise lose upon' the price of his...
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