Note 48 — Chapter III · (continued 5)

"Here in England," Franklin wrote to Humphrey Marshall on Apr. 22, 1771, "it is well known and understood, that whenever a Manufacture is established which employs a Number of Hands, it raises the Value of Lands in the neighbouring Country all around it; partly by the greater Demand near at hand for the produce of the Land; and partly from the Plenty of Money drawn by the Manufacturers to that part of the Country. It seems therefore the Interest of all our Farmers and Owners of Lands, to encourage our Young Manufactures in preference to foreign ones imported among us from distant Countries."