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Principles of Political Economy, Vol. 2

Note A2-3-6 — Chapter III

John J. (John Joseph) Lalor translation

Ch. Ganilh, who expects a real enrichment of a nation only from foreign trade (Dictionnaire de l'E. P., 1826, p. 131), ascribes the most favorable balance to the nation that exchanges dear labor against cheap; that is, principally to a nation of tradesmen as contradistinguished from a nation of agriculturists. (Theorie de l'E. P., 1822, II, 239 ff.)

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