 Labour was the first price, the original purchasemoney that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange...  Blackwood's Edinburgh Magazine - Page 1721856Full view - About this book
 | Dugald Stewart - 1855 - 490 pages
...supposed, at the time, to contain the value of an equal quantity. Labour was the first price ; the original purchase-money that was paid for all things....wealth of the world was originally purchased ; and its value to those who possess it, and who want to exchange it for some new productions, is precisely... | |
 | Causes - 1857 - 80 pages
...is supposed at the time to contain the value of a certain quantity. Labour was the first price, the original purchasemoney that was paid for all things....wealth of the world was originally purchased, and its value, to those who possess it and who want to exchange it for some new productions, is precisely... | |
 | Charles Baker - 1857 - 438 pages
...LABOUR, IT3 BIGHTS AND ITS BESUI/TS. Jabmir — " Labour was the first price, the original purchase money that was paid for all things. It was not by gold,...the wealth of the world was originally purchased. * * The property which every man has in his own labour, as it is the original foundation of all other... | |
 | William Atkinson - 1858 - 698 pages
...exchangeable value of all commodities." * Again : " Labour was the first price, the original purchase money that was paid for all things. It was not by gold or...but by labour, that all the wealth of the world was * The Wealth of Nations, by Adam Smith, book 1, ch. v. originally purchased ; and its value, to those... | |
 | 1859 - 802 pages
...support and extend religious institutions. ' Labour,' says Dr. Adam Smith, ' was the first price, the original purchase-money, that was paid for all things....the wealth of the world was originally purchased.' \Ve have no hesitation, therefore, in affirming that England owes her prosperity to the industry of... | |
 | Samuel Orchart Beeton - 1861 - 904 pages
...matter is seldom of mach use, and is never of any value. ** Labour was the firtt price, the origioal purchase-money, that was paid for all things. It was not by gold or by silver, bat by labour, that all the wealth of the world was originally purchased." — (Adam Smith.) The progress... | |
 | 1869 - 1274 pages
...by labour as much as what we acquire with the toil of our own body. Labour was the first price, the original purchase-money that was paid for all things....was not by gold or by silver, but by labour, that aU the wealth of the world was originally purchased, and its value is precisely equal to the quantity... | |
 | Adam Smith - 1869 - 576 pages
...is supposed at the time to contain the I value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver,3 but by labour, that all the wealth of the world was originally purchased ; and its value,... | |
 | John Ramsay M'Culloch - 1870 - 376 pages
...them satisfy his wants, and minister to his comforts and enjoyments. ' Labour was the first price, the original purchase-money that was paid for all things....the wealth of the world was originally purchased.' (Wealth of Nations, Murray's Reprints, p. I.) If we observe the progress, and trace the history of... | |
 | 1873 - 46 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or bv silver, but by labour, that all the wealth of the world was originally purchased, and its value... | |
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