But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.

The exchangeable value of all commodities rises as the difficulties of their production increase.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

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

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

If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at least a portion of my capital from the most unproductive part of my farm.

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