OXFORD UNIVERSITY PRESS

LONDON, NEW YORK, TORONTO AND MELBOURNE

ADAM SMITH

Born, Kirkcaldy .

June 5, 1723

Died, Edinburgh

July 17, 1790

"The Wealth of Nations" was first published in two volumes in 1776. In "The World's Classics" the second volume was published in 1904, and reprinted in 1909.

TURNBULL AND SPEARS, PRINTERS, EDINBURGH.

میرا

Of the Principle of the Commercial or Mercan-

tile System

CHAPTER II

Of Restraints upon the Importation from Foreign

Countries, of such Goods as can be produced

at Home

CHAPTER III

Of the extraordinary Restraints upon the Im-

portation of Goods of almost all kinds, from

those Countries with which the Balance is

supposed to be disadvantageous

PART I.-Of the Unreasonableness of those

Restraints, even upon the Principles of

the Commercial System .

Digression concerning Banks of Deposit, par-

ticularly concerning that of Amsterdam.

PART II.-Of the Unreasonableness of those

extraordinary Restraints, upon other

Principles

2

29

53

53

60

72

CT 3019 F

245510

PART I.-Of the Motives for establishing new

Colonies.

150

PART II.-Causes of the Prosperity of new

Colonies.

PART III.—Of the advantages which Europe

has derived from the Discovery of

America, and from that of a passage to

the East Indies by the Cape of Good Hope

CHAPTER VIII

Conclusion of the Mercantile System

CHAPTER IX

Of the Agricultural Systems, or of those Systems

of Political Economy which represent the

Produce of Land, as either the sole or the

principal Source of the Revenue and Wealth

of every Country

161

192

255

279

APPENDIX

Account of Herring Busses fitted out in Scot-

land, the amount of their Cargoes and the

Bounties on them

Account of Foreign Salt imported into Scotland,

and of Scotch Salt delivered duty free, for

the Herring Fishery

PAGE

311

313

335

PART II.—Of the Expense of Justice

PART III. Of the Expense of Public Works

and Public Institutions

ARTICLE I.-Of the Public Works and In-

stitutions for facilitating the Commerce

of Society.-1st, For facilitating the

general Commerce of the Society.-2nd,

For facilitating particular Branches of

Commerce

ARTICLE II.—Of the Expense of the Institu-

tions for the Education of Youth

ARTICLE III.-Of the Expense of the Insti-

tutions for the Instruction of People of

all Ages

PART IV. Of the Expense of supporting the

Dignity of the Sovereign

Conclusion of the Chapter

350

351

393

425

458

459