The variation in the value of money, however great, makes no difference in the rate of profits.

It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market.

Labour, like all other things which are purchased and sold... has its natural and its market price.

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

The price of corn will naturally rise with the difficulty of producing the last portions of it.