Such Are Some Of The More Important Effects On Commerce Of Large
Capital; And These Effects Have Been Most Obviously
And strikingly shewn in
the commercial history of Britain for the last thirty years, and thus give
a practical confirmation
To the doctrine, that capital, originally the
creature of trade, in its turn gives nourishment, rigour, and enlarged
growth to it.
3. Encreased wealth among the various classes of the community, may be
viewed In the same light as capital; it flows from increased trade, and it
produces a still further increase of trade. The views, and desires, and
habits of mankind, are like their knowledge, they are and must be
progressive: and if accompanied, as they generally are, by increased means,
they must give birth to increased industry and skill, and their necessary
consequences, increased trade and wealth.
Had the views, desires, and habits of mankind, and especially of the
inhabitants of Europe and the United States, continued as they were fifty
years ago, it is absolutely impossible that one half of the goods
manufactured in Great Britain could have been disposed of; and unless these
additional and enlarged views, desires, and habits, had been accompanied
with commensurate means of gratifying them, our manufactures and commerce
could not have advanced as they have done. Minutely and universally divided
as human labour is, no one country can render its industry and skill
additionally productive, without, at the same time, the industry and skill
of other countries also advance. No one nation can acquire additional
wealth, unless additional wealth is also acquired in other nations.
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