Note A2-1-11 — Chapter III

Thus Child, spite of all his esteem for the discoverers of the balance-problem, calls attention to cases in which exports suffer so much waste (Abgang), or imports are sold so advantageously, that an apparently favorable balance made a people poorer, and an apparently unfavorable one, richer. From the value of the imported commodities the self-earned freight has to be deducted. Countries like Ireland, many colonies, etc., have a preponderance of exportations, because they, by means of the same, pay a rent to absent capitalists or to landowners. (p. 312 ff.)