Note 185-8 — Chapter IV

Delacourt Aanwysing, 1669, I, 7. Temple, Observations on the U. Provinces, ch. 6, Works L. 1854. Even Descartes says of Holland's ubi nemo non exercet mercaturam. Compare per contra, H. Grotius, Jus Belli et Pacis, II, 12, 22. Very large capitalists, in Smith's time, certainly lived generally on the interest of their money: Richesse de Hollande, II, 172. In England, at the present day, likewise, a vast number of persons who live on the interest of their money, occasionally take part in the speculation in commodities; which explains why so-called commercial crises are incomparably more extensive there, and reach incomparably deeper, than in Germany. Similarly, according to Conring, De Commercii, 1666, c. 36, in Venice and Genoa.