A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.

Every transaction in commerce is an independent transaction.

The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.

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

Taxation under every form presents but a choice of evils.

The demand for money is regulated entirely by its value, and its value by its quantity.

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.