During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.

Money is neither a material to work upon nor a tool to work with.

The farmer and manufacturer can no more live without profit than the labourer without wages.

Adam Smith, and other able writers to whom I have alluded, not having viewed correctly the principles of rent, have, it appears to me, overlooked many important truths, which can only be discovered after the subject of rent is thoroughly understood.

Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.

Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.

Taxation under every form presents but a choice of evils.