2012, ISBN: 1231277432

[EAN: 9781231277430], Neubuch, [PU: Rarebooksclub.com, United States], Language: English . Brand New Book ***** Print on Demand *****. This historic book may have numerous typos and missi… More...

[EAN: 9781231277430], Neubuch, [PU: Rarebooksclub.com, United States], Language: English . Brand New Book ***** Print on Demand *****. This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1830 Excerpt: .on the condition of the farmer. In the exact ratio of the rise, the pressure of rent and taxes on land increases; while, at the same time, the reduction of the other elementary costs of production never reaches the extent to which the farmer finds prices reduced, when he brings his produce to market. Year after year he makes up the deficiency out of his capital, confident of the speedy return of better times, because unable to discover the invisible hand which adds its weight to the burthen of rent and taxes, and relentlessly perseveres in depriving his labour of its reward. But the years roll on, and bring no improvement: his capital is at length exhausted, and ruin ensues. Others succeed him, and still share the same fate. The effect then reaches the landlords. Rents are reduced; yet the difficulty of their collection increases: another and another reduction succeeds, still attended with similar results. In short, so long as the rise in the value of money is in progress, the destruction of capital invested in farming, the reduction of the income of the landlords, the increase in the pressure of nominally the same amount of taxes on land, likewise proceed. The manufacturer comes next. Calculating on the stability of But we need not suppose a case of this kind. The very case itself is described by the sufferers in our public prints. In the Times newspaper of Nov. 21 and 25, 1829, appeared two statements--the one from a Middlesex, the other from a Surrey farmer--to which our readers may turn. See also Present Operation of the Act of Parliament of July, 1319, commonly called Mr. Peel s Bill. London, 1830, p. 38-41. the the existing prices of his manufacture, he makes his purchase of the raw material, and proceeds to his task. It is completed, and.<

2012, ISBN: 1231277432

[EAN: 9781231277430], Neubuch, [PU: Rarebooksclub.com, United States], Language: English . Brand New Book ***** Print on Demand *****.This historic book may have numerous typos and missin… More...

[EAN: 9781231277430], Neubuch, [PU: Rarebooksclub.com, United States], Language: English . Brand New Book ***** Print on Demand *****.This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1830 Excerpt: .on the condition of the farmer. In the exact ratio of the rise, the pressure of rent and taxes on land increases; while, at the same time, the reduction of the other elementary costs of production never reaches the extent to which the farmer finds prices reduced, when he brings his produce to market. Year after year he makes up the deficiency out of his capital, confident of the speedy return of better times, because unable to discover the invisible hand which adds its weight to the burthen of rent and taxes, and relentlessly perseveres in depriving his labour of its reward. But the years roll on, and bring no improvement: his capital is at length exhausted, and ruin ensues. Others succeed him, and still share the same fate. The effect then reaches the landlords. Rents are reduced; yet the difficulty of their collection increases: another and another reduction succeeds, still attended with similar results. In short, so long as the rise in the value of money is in progress, the destruction of capital invested in farming, the reduction of the income of the landlords, the increase in the pressure of nominally the same amount of taxes on land, likewise proceed. The manufacturer comes next. Calculating on the stability of But we need not suppose a case of this kind. The very case itself is described by the sufferers in our public prints. In the Times newspaper of Nov. 21 and 25, 1829, appeared two statements--the one from a Middlesex, the other from a Surrey farmer--to which our readers may turn. See also Present Operation of the Act of Parliament of July, 1319, commonly called Mr. Peel s Bill. London, 1830, p. 38-41. the the existing prices of his manufacture, he makes his purchase of the raw material, and proceeds to his task. It is completed, and.<

ISBN: 9781231277430

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