More on this book
Community
Kindle Notes & Highlights
Like blood, it cannot be taken from any of the parts, without being taken from the whole mass in circulation, and all partake of the loss.
When the ability in any nation to buy is destroyed, it equally involves the seller.
It does not increase the general quantity in the world, but operates to lessen it; and as a greater mass would be afloat by relinquishing dominion, the participation without the expense would be more valuable than a greater quantity with it.
Commerce needs no other protection than the reciprocal interest which every nation feels in supporting it—it is common stock—it exists by a balance of advantages to all; and the only interruption it meets, is from the present uncivilised state of governments, and which it is its common interest to reform.*26
