After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated.

As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.

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

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

Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal.

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

If English money was of the same value then as before, Hamburgh money must have risen in value. But where is the proof of this?