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 257 of 470 (54%)
page 257 of 470 (54%)
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whereas, in the country where money is of great value, that is not the
case. The price of bread, for instance, is, at Paris, one penny the pound, and in London at eight-pence the quartern loaf, which weighs just four French pounds, the price is exactly double. If every thing was conducted in a fair way, corn, from all countries, where it is equally as cheap as in France, might be brought and sold in London, at the --- {141} At Bruges, (in Flanders) at Antwerp, Cologne, Ghent, or any of those decayed towns, house-rent was fallen, before the French revolution, to little more than an acknowledgement for occupation, where the houses were large and retired. This induced people to live at those places, who would not otherwise have done so. Small houses, lately built, were more expensive than the large old ones, built in the time that commerce flourished. -=- [end of page #164] usual market price; but, before Paris could get a supply from London, the bread would cost three times its usual price. This circumstance, if properly managed, might be turned to advantage; why it is not, is difficult to say, and is a proof that there are either regulations, or practices without regulation, that counteract the true nature of things; for it would not cost a farthing a pound to bring the corn from Paris to the London market. Paris is only mentioned here for the sake of comparison, and because |
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