The Science of Wealth: A Manual of Political Economy. Embracing the Laws of Trade, Currency, and Finance

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Little, Brown, 1866 - 478 Seiten
Excerpt from Science of Wealth: A Manual of Political Economy, Embracing the Laws of Trade Currency and Finance
These considerations, the force of which no one can fail to appreciate, render a knowledge of this science of high importance in the estimation of all re ecting minds.
It may be added that the study of it need not be con fined to those merely who are far advanced in general edu cation. Common sense and a good knowledge of the Eng lish language only are requisite to its successful pursuit. Intelligible and plain, the science has no abstractions, no fanciful theories.
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Seite 464 - Were half the power that fills the world with terror, Were half the wealth bestowed on camps and courts, Given to redeem the human mind from error, There were no need of arsenals or forts: The warrior's name would be a name abhorred!
Seite 306 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Seite 210 - The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either.
Seite 210 - The commerce and industry of the country, however, it must be acknowledged, though they may be somewhat augmented, cannot be altogether so secure, when they are thus, as it were, suspended upon the Daedalian wings of paper money, as when they travel about upon the solid ground of gold and silver.
Seite 308 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Seite 308 - Every tax ought to be levied at the time or in the manner in which it is most likely to be convenient to the contributor to pay it.
Seite 306 - The expense of government to the individuals of a great nation is like the expense of management to the joint tenants of a great estate, who are all obliged to contribute in proportion to their respective interests in the estate. In the observation or neglect of this maxim consists what is called the equality or inequality of taxation.
Seite ix - I should do injustice to my own feelings, if I did not acknowledge the valuable assistance of my son, Colonel Francis A.
Seite 242 - Sixty days after sight of this first of exchange (second and third unpaid), pay to the order of ourselves £1,600. sterling value received, and charge the same to account of as advised. "Dana Land and Lumber Company. "To Messrs. Geo. Shadbolt & Son, London.
Seite 370 - This principle that the earth belongs to the living and not to the dead is of very extensive application and consequences in every country, and most especially in France. It enters into the resolution of the questions Whether the nation may change the descent of lands holden in tail? Whether they may change the appropriation of lands given...

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