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Conclusion of the Digresion concerning the Variations in the Value of Silver

373 Effeets of tbe Progress of Improvement upon the real Price of Manufactures

384 Conclusion of the Chapter

393

в оок ІІ.

Of the Nature, Accumulation, and Employ

ment of Stock.

INTRODUCTION

407

CH A P. I. Of the Division of Stock

410

CHA P. II.

Of Money considered as a particular Branch of

the general Stock of the Society, or of the Expence of maintaining the National Capital 423

AN

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HE annual labour of every nation is the Introdu&t.

fund which originally supplies it with me

all the necessaries and conveniencies of life which it annually confumes, and which confist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.

ACCORDING therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse fupplied with all the necessaries and conveniencies for which it has occasion.

But this proportion must in every nation be regulated by two different circumstances; first, by the skill, dexterity, and judgment with which VOL. I. B

its

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