An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. - Designed To Shew How The Prosperity Of The British Empire - May Be Prolonged by William Playfair
page 236 of 470 (50%)
page 236 of 470 (50%)
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If we know that, at the siege of Mantua, the provisions rose to one hundred times their usual price, we may believe the same thing possible, at the siege of Jerusalem, two thousand years ago, and at the siege of Leyden, or at that of Paris. If we know that a guinea is given for a --- {123} Dr. Smith, in his Inquiry into the Nature and Causes of the Wealth of Nations. The author of the notes, and continuation, has, indeed, answered his arguments; but that does not render it less necessary to do so here. -=- [end of page #149] bad dinner at an inn, which is not worth a shilling, merely because some particular circumstance has drawn more people together than can be provided for; and, because hunger admits not patiently of delay, can we dispute the inclination to extortion on the one hand, and the disposition to submit to it on the other? If that is admitted, the interference of the law is allowable on the same principle on which it regulates the interest of money, though not to the same extent; that is, it is allowable, in particular instances, where the effects are similar, but not in all instances, because, in all instances, they are not similar. {124} The rate of provisions is then liable, on particular occasions, to rise to a monopoly price, such as that of those rare productions of nature, the |
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