Note 705 — Chapter V
Reading edition
Thus, for instance, in his remarkable Essay on the Balance of Trade, he says (Philosophical Works, vol. iii. p. 349), ‘Every man who has ever reasoned on this subject, has always proved his theory, whatever it was, by facts and calculations, and by an enumeration of all the commodities sent to all foreign kingdoms;’ therefore (p. 350), ‘It may here be proper to form a general argument to prove the impossibility of this event, so long as we preserve our people and our industry.’