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arilooosttheir
ployedinagriculture.they
havenonufaanufactures
exceptedpanytheprogressofagriculture,
andenandchildrenineveryprivate
faly.thegreaterpartbothoftheexportationandasting
tradeofariertswho
resideibritaihestoresand
eprovinces,particularlyin
virginiaandryland,belongnyoftheortswho
resideiheruntry,andaffordohefeances
oftheretailtradeofasocietybeingcarriedonbythecapitals
ofthoseeersofit.eris,
eitherbybinationorbyanyothersortofvioleostop
theiortationofeuropeannufactures,and,bythusgivinga
nopolytosuanufacturethe
likegoods,divertanynsiderablepartoftheircapitalinto
thiseloynt,theyardinsteadofacceleratingthe
furtherincreaseinthevalueoftheirannualprodudwould
obstruotingtheprogressoftheiruntry
toorethe
casept,inthesaonopolizeto
theelvestheirationtrade.
theurseofhunprosperity,indeed,seescarceeverto
havebeenofsolongntinuaoenableauntry
toacquirecapitalsuffitforallthosethreepurposes;
unlessperhaps,tothesofthe
handcultivationofa,ofthoseofaegypt,and
oftheaateofindostahosethreeuhe
hiest,agtoallats,thateverhe
heirsuperiorityinagriculture
andnufaifor
fntrade.theaegyptianshadasuperstitious
antipathytotheseasuperstitionnearlyofthesakind
prevailsangtheindians;andtheesehaveneverexcelled
infhegreaterpartofthesurplusproduceof
allthosethreeuntriesseetohavebeenaledby
fners,ethingelseforh
theyfouhere,frequentlygoldandsilver.
itisthusthatthesacapitalryput
intotioerorsllerquantityofproductivelabour,
andaddagreaterorsllervaluetotheannualproduceofits
landandlabour,agtothedifferentproportionsinh
itiseloyedinagriculture,nufactures,andrade.
thediffereoo,isverygreat,agtothedifferent
sortsofployed.
allrade,allbuyingiosellagainby
ayberedue
trade,thefntradeofnsution,andthecarryingtrade.
thehotradeiseloyedinpure
untry,andsellinginaheproduceoftheindustryof
thatuntry.itprehendsboththeinlandaing
trade.thefntradeofnsutioniseloyedinpurchasing
fngoodsforhonsution.thecarryingtradeis
eloyedintransagthercenuntries,orin
carryingthesurplusproduceofooanother.
thecapitalployedinpurchasingiof
theuntryiosellinaheproduceofthe
industryofthatuntry,generallyreplacesbyeverysuch
operationtployedin
theagrianufacturesofthatuntry,andthereby
eheontieloynt.
theresidenerodities,it
generallybringsbaretuatleastanequalvalueofother
dities.estidustry,it
necessarilyreplacesbyeverysuchoperationtinct
capitalsployedinsuppproductive
labour,andtherebyeheontisupport.the
capitalanufacturestolondon,andbrings
baglishandnufacturestoedinburgh,necessarily
replacesbyeverysuchoperation,tishcapitalshhad
bothbeeneloyedintheagrianufacturesofgreat
britain.
thee
nsutioheproduceof
dostidustry,replacestoo,byeverysuchoperation,two
distinonlyiseloyedinsupp
dostidustry.thecapitalishgoodsto
pal,andbringsbackpuesegoodstogreatbritain,
replacesbyeverysuchoperationonlyoishcapital.the
otherisapueseohoughtheretus,therefore,ofthe
fntradeofnsutionshouldbeasquickasthoseofthe
hotrade,thecapitaleloyedinitonehalfthe
enuragenttotheindustryorproductivelabourofthe
untry.
buttheretusofthefntradeofnsutionarevery
seldooquietrade.theretusofthe
henerallyeinbeforetheendoftheyear,and
sotisthreeorfourtisintheyear.theretusofthe
fntradeofnsutionseldoinbeforetheendofthe
year,andsotisnottillafterthreeyears.acapital,
therefore,eloyediradeetisketwelve
operations,orbesentoutauedtes,beforea
ptionhasde
ohecapitalsareequal,therefore,theonewillgive
fourandtesreenuragentandsupporttothe
industryoftheuntrythaher.
thefngoodsforhonsutionysotisbe
purchased,idustry,buth
sootherfngoods.theselast,housthavebeen
purchasedeitheriediatelyestic
industry,orethihathadbeenpurchasedhit;
for,thecaseofexcepted,fngoods
everbeaethingthathadbeen
produdiately,oraftertore
differentexges.theeffects,therefore,ofacapital
eloyedinsuption,are,
ineveryrespeployedi
direekind,exceptthatthefiusare
likelytobestillredistant,astheystdependuponthe
retusofthreedistinctfntrades.iftheflaxand
heaarepurchasedhthetobacinia,h
ha
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