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Principles of Political Economy, Vol. 2

Note 220-3 — Chapter I

John J. (John Joseph) Lalor translation

If the hoarding takes place in a time of superfluity, and the restitution of the stores in a time of want, there is of course no detrimental disturbance, but on the contrary the consequence is a beneficent equilibrium of prices. This is the fundamental idea in the storage of wheat.

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