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Inhaltsangabe
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1816. Excerpt: ... Nature of commerce. CHAP. XIX. COMMERCE. The nature of commerce--Mercantile operations--The merchant the middle man between the grower and consumer--Folly and unprofitableness of multiplicity of engagements by one individual--Division of labour expedites production, becomes profitable--Opulence and comfort produced by commerce--Nature of monopolies--Their injustice, and effects--The monopoly of bibles--Competition fosters commerce, promotes national affinity. Although the origin of commerce is coeval with the first dawn of civilization, the moment that individuals ceased to supply themselves directly with various articles and accommodation, they began to apply themselves to social intercourse and commercial enterprize grew up amongst them; for it is only by exchanging that superfluous portion of produce raised by themselves, that exceeds their own consumption, for such portions of the surplus raised by others, that the division of employments can be introduced; or that different individuals can apply themselves in preference to different pursuits. Not only does commerce enable the inhabitants of the same village or parish to combine their separate efforts 1) accomplish some common object, but it also enables those of different provinces or kingdoms to apply themselves in an especial manner to those callings for the successful prosecution of which the districts or country which they occupy give them some pecu" No. 10. N N Commerce promotes civilization. liar advantage. The territorial division of labour has contributed more than anything else to increase the wealth and accelerate the civilization of mankind; were it not for it, we should be destitute of a great number of the necessary comforts and enjoyments which we now possess, and the prices of the few ...
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