Thoughts On the Causes And Consequences of the Present High Price of Provisions
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Of all the enormous fums then expended, little befides the fubfidies granted to German princes, was loll: to f the [8] the individuals of this country, though the whole was irrecoverably alienated from the public ; all the reft annually re- turning into the pockets of the mer- chants, contraftors, brokers, and flock- jobbers, enabled them to lend it again to the public on a new mortgage the follow- ing year. Every emiffion of paper-credit by bank-notes, exchequer and navy bills, fo long as they... circulate, anfwers all the purpofes of fo much additional gold and filver, as their value amounts to : If we add to thefe the immenfe riches daily flow- ing in lince that period from our com- merce, extended over every quarter of the globe, from the new channels of trade " opened with America, and the amazing fums imported from the Eaft Indies, it will not fure be difBcult to account for the opulence of the prefent times, which has enabled men to increafe their expen- ces, and carry luxury to a pitch unknown to all former ages.
What to read after Thoughts On the Causes And Consequences of the Present High Price of Provisions?
You can find similar books in the "Read Also" column, or choose other free books by Soame Jenyns to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Of all the enormous fums then expended, little befides the fubfidies granted to German princes, was loll: to f the [8] the individuals of this country, though the whole was irrecoverably alienated from the public ; all the reft annually re- turning into the pockets of the mer- chants, contraftors, brokers, and flock- jobbers, enabled them to lend it again to the public on a new mortgage the follow- ing year. Every emiffion of paper-credit by bank-notes, exchequer and navy bills, fo long as they... circulate, anfwers all the purpofes of fo much additional gold and filver, as their value amounts to : If we add to thefe the immenfe riches daily flow- ing in lince that period from our com- merce, extended over every quarter of the globe, from the new channels of trade " opened with America, and the amazing fums imported from the Eaft Indies, it will not fure be difBcult to account for the opulence of the prefent times, which has enabled men to increafe their expen- ces, and carry luxury to a pitch unknown to all former ages.
What to read after Thoughts On the Causes And Consequences of the Present High Price of Provisions?
You can find similar books in the "Read Also" column, or choose other free books by Soame Jenyns to read onlineMoreLess
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