Note 36 — Chapter II · ToC
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Adam Smith, writing later in the century, observes with some exaggeration, "A merchant, it has been said very properly, is not necessarily the citizen of a particular country. It is in a great measure indifferent to him from what place he carries on his trade, and a very trifling disgust will make him remove his capital, and together with it all the industry which it supports, from one country to another."—Book III., chap. iv.