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Principles of Political Economy, Vol. 2

Note 187-1 — Chapter IV

John J. (John Joseph) Lalor translation

Nebenius, Der öffentliche Credit, 83 ff. After the end of the Napoleonic war, English capital flowed, by way of preference, towards South America, afterwards towards Spain and Portugal; after 1830, to North America; after 1840, towards Germany and France, to be invested in the construction of railways in the latter countries.

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