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www.192.twarevenueorprofittoitseloyer.
first,itybeeloyedinraising,nufacturing,or
puragainhaprofit.the
anneryieldsnorevenueorprofitto
itseloyer,ainsinhispossession,or
ntihesashape.thegoodsofthertyieldhibr >
norevenueorprofittillhesellstheorney,andtheney
yieldshislittletillitisagainexgedfoods.his
hinoneshape,auing
tohinanother,anditisonlybyansofsuchcirculation,
orsuccessiveexges,thatityieldhinyprofit.such
ayveryproperlybecalledcirculating
capitals.
sendly,itybeeloyedintheiroventofland,in
thepuraesandinstruntsoftrade,orin
suchlikethingsasyieldarevenueorprofithoutging
sters,orcirculatinganyfurther.suchcapitals,therefore,
yveryproperlybecalledfixedcapitals.
differentoccupationsrequireverydifferentproportions
betployedinthe
theerple,isaltogethera
aesor
instruntsoftrade,unlesshisshop,orwarehouse,be
nsideredassuch.
sopartoftheasterartificeror
nufacturerstbefixediruntsofhistrade.this
part,hoallinso,andverygreatinothers.a
stertailorrequiresnootherinstruntsoftradebutaparcel
ofneedles.thoseofthestershoekerarealittle,though
butaverylittle,reexpehoseoftheweaverrisea
gooddealabovethoseoftheshoeker.thefargreaterpartof
theasterartificers,however,is
circulated,eitherintheen,orintheprice
oftheirterials,andrepaidhaprofitbythepriceofthe
work.
inreaterfixedcapitalisrequired.in
agreatirohefuaeltingtheore,
thefe,theslittll,areinstruntsoftrade
beerectedines
ofeverykind,theerynecessarybothfordrathe
oreexpensive.
thatpartoftheerployedin
theinstruntsofagricultureisafixed,thatployed
ienanceofhislabservants,isa
circulatingcapital.hekesaprofitoftheonebykeepingit
inhisoheotherbypartinghit.the
priceorvalueofhislabcattleisafixedcapitalinthe
sahatoftheinstruntsofhusbandry.their
intenanceisacirculatingcapitalinthesahat
ofthelabservants.thefarrkeshisprofitbykeeping
thelabcattle,andbypartingainteh
thepridtheintehecattlein
andfattened,notforlabour,butforsale,areacirculating
capital.thefarrkeshisprofitbyparting.a
flockofsheeporaherdofcattlethat,inabreedinguntry,
isboughtiherforlabour,norforsale,butio
keaprofitbytheirilk,andbytheir
inadebykeepingthe
theirintenanadeby
partingesbackhbothitsoand
theprofituponthehecattle,inthepriceof
theilk,andtheincrease.thehe
seed,too,isproperlyafixedcapital.thoughitgoesbackwards
andfroundandthegranary,itneverges
sters,andthereforedoesnotproperlycirculate.thefarr
keshisprofit,notbyitssale,butbyitsincrease.
thegeneralstoeh
thatofallitsinhabitantsorers,andthereforenaturally
dividesitselfintothesathreeportions,eachofhhasa
distinoroffice.
thefirstisthatportiondiate
nsution,andofhecharacteristicis,thatitaffords
norevenueorprofit.itnsistsiockoffood,clothes,
householdfuiture,etc.,heir
propernsurs,buted.the
eredoo,subsistingatanyone
tiiry,keapartofthisfirstportioock
thatislaidoutinahouse,ifitistobethedwellinghouseof
theproprietor,onttoserveinthefun
ofacapital,ortoaffordanyrevesowner.a
dributesnothingtothereves
inhabitant;andthoughitis,nodoubt,extrelyusefultohi
itisashis,
akesapartofhisexpense,andnotofhis
revenue.ifitistobelettoatenantforrent,asthehouse
itselfustalherent
outofsootherrevenuelabour,or
stoayyieldareveo
itsproprietor,andtherebyserveinthefunofacapitalto
hiitotyieldanytothepubliorserveinthefun
ofacapitaltoit,andtherevehehe
peopleeverbeinthesllestdegreeincreasedbyit.
enner,sotis
yieldarevenue,andtherebyserveinthefunofacapital
toparticularpersons.inuntrieson,
itisatradetoletoutsqueradedressesfht.
upholsterersfrequentlyletfuiturebythenthorbythe
year.uakersletthefuitureoffuneralsbythedayandby
theanypeopleletfuishedhouses,aarent,not
onlyfortheuseofthehouse,butforthatofthefuiture.the
revenue,hosuchthingsstalways
beultitelydrasoothersourceofrevenue.ofall
partsofthestock,eitherofanindividual,orofasociety,
reservedforiediatensution,islaidoutinhousesis
stsloed.astoaylastseveralyears:
astockoffuiturehalfaturyoratury:butastockof
houses,aylastny
ption,however,
isredistant,theyarestillasreallyastockreservedfor
iediatensutioherclothesorhouseholdfuiture.
thesendofthethreeportionsintohegeneral
stockofthesocietydividesitself,isthefixedcapital,of
hecharacteristicis,thatitaffordsarevenueorp
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