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www.192.twveherasrent
orasprofit.thisproportionisverydifferentinrichfrobr >
itisinpooruntries.
thus,atpresent,intheopulentuntriesofeurope,avery
large,frequentlythelargestportionoftheproduceoftheland
isdestinedforreplagthecapitaloftheridindepe
farr;theotherforpayinghisprofitsaofthe
landlord.butaly,duringtheprevalencyofthefeudal
govent,averysllportionoftheproduceto
replacethecapitaleloyedincultivation.itnsisted
nlyiaiogetherbythe
spontaneousproduceofuncultivatedland,andight,
therefore,bensideredasapartofthatspontaneousproduce.
itgenerally,too,belohelandlord,and
advaheoccupiersoftheland.alltherestofthe
produtoo,eitherasrentforhis
land,orasprofituponthispaltrycapital.theoccupiersof
landen,swere
equallyhisproperty.thoseesat
inally
littlerethanaquitrent,itreallyauhewhole
produesndtheir
labourinpeadtheirserviheylivedata
distancefroishouse,theyas
hisretainers.buttheheland
undoubtedlybelongstohielabourand
serviaintains.inthepresentstateof
europe,theshareofthelandlordseldoxceedsathird,
sotisnotafourthpartoftheheland.the
rentofland,hoprovedpartsoftheuntry,
hasbeentripledandquadrupledsines;and
thisthirdorfourthpartoftheannualproduceis,itsee,
threeorfreaterthanthewholehadbeenbefore.in
theprogressofirovehoughitincreasesin
proportiontotheextent,dinishesinproportiontotheproduce
oftheland.
intheopulentuntriesofeurope,greatcapitalsareat
presenteloyedintradeandnufactures.intheaate,
thelittletradethatelyandarse
nufacturesthatall
capitals.these,housthaveyieldedverylargeprofits.
therateofihantenpert,and
theirprofitssthavebeensuffittoaffordthisgreat
i.atpreseeofi,intheirovedparts
ofeurope,isnoeof
thestiroveditissolohree,andt.
thoughthatpartofthereveheinhabitantshis
derivedfroheprofitsofstockisaluchgreaterinrich
thaninpooruisbeuchgreater:
inproportiontothestouchless.
thatpartoftheannualproduce,therefore,h,assoon
asiteseitherfrohegroundorfrohehandsofthe
productivelabourers,isdestinedforreplagacapital,isnot
onlychgreaterinrichthaninpooruntries,butbearsa
ediatelydestinedfor
nstitutingareveherasrentorasprofit.thefunds
destinedfortheintenanceofproductivelabourarenotonly
erthanier,butbearach
greaterproportiontothoseaybeeloyedto
intaiherproductiveorunproductivehands,havegenerally
apredileforthelatter.
theproportiohosedifferentfundsnecessarily
deternesineveryuntrythegeneralcharacterofthe
inhabitantsastoindustryoridleness.oreindustrious
thanourforefathers;becauseinthepresenttisthefunds
destinedfortheintenanuchgreaterin
proportiontothoseployedinthe
intenanceofidlehantheyhreeturies
ago.ouraorsofasuffit
enuragenttoindustry.itisbetter,saystheproverb,to
playfoothingthantoertileand
nufacturingtoheinferiorranksofpeopleare
entofcapital,theyarein
generalindustrious,sober,andthriving;asinnyenglish,and
instdutchtohosetohareprincipally
supportedbythenstantoroccasionalresidenceofaurt,and
inaintainedby
thespendingofreveheyareingeneralidle,dissolute,and
poor;asatro,versailles,piegne,andfontainebleu.ifyou
exceptrouenandbordeaux,thereislittletradeorindustryin
anyoftheparlianttoheinferiorranksof
people,beingelderlyintaiheexpeheersof
theurtsofjustidofthoseetopleadbefore
theareingeneralidleandpoor.thegreattradeofrouenand
bordeauxseetobealtogethertheeffectoftheirsituation.
roueallthegoodsh
arebroughteitherfrnuntries,orfroheriti
provinptionofthegreatcityof
paris.bordeauxisinthesaheeofthewines
hebanksofthegaronne,andoftheriversh
runintoit,oherichestriesintheworld,and
stoproducethetestforexportation,orbest
suitedtothetastennations.suchadvantageous
situationsnecessarilyattractagreatcapitalbythegreat
eloyntployntofthis
capitalisthecauseoftheindustryofthoseties.inthe
otherparlianttoorecapitalsee
tobeeloyedthanisnecessaryforsupplyingtheirown
nsution;thatis,littlerethanthesllestcapitalh
.thesathingybesaidofparis,
drid,andvienna.ofthosethreecities,parisisbyfarthe
stindustrious;butparisitselfistheprincipalrketofall
thenufacturesestablishedatparis,anditsoptionis
theprincipalobjectofallthetradecarrieson.
london,lisbon,andpenhagen,are,perhaps,theonlythree
citiesineuropehthenstantresidenceofa
urt,andatthesatibensideredastradingcities,
orascitiesption,but
forthatofothercitiesanduhesituationofallthe
threeisextrelyadvantageous,andnaturallyfitstheobe
theesofagreatpartofthegoodsdestinedforthe
nsutionofdistantplaces.inacityrevenueis
spent,toeloyhadvantageaca
...