Buch · An Inquiry into the Wealth of Nations
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Autor: Adam Smith
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But in our sugar colonies, the price of sugar bears no such
proportion to that of the produce of a rice or corn field either
in Europe or America. It is commonly said that a sugar planter
expects that the rum and the molasses should defray the whole
expense of his cultivation, and that his sugar should be all
clear profit. If this be true, for I pretend not to affirm it, it
is as if a corn farmer expected to defray the expense of his
cultivation with the chaff and the straw, and that the grain
should be all clear profit. We see frequently societies of
merchants in London, and other trading towns, purchase waste
lands in our sugar colonies, which they expect to improve and
cultivate with profit, by means of factors and agents,
notwithstanding the great distance and the uncertain returns,
from the defective administration of justice in those countries.
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