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If they employ it in purchasing goods in one foreign country, in

order to supply the consumption of another, or in what is called

the carrying trade, whatever profit they make will be in addition

to the neat revenue of their own country. It is like a new fund,

created for carrying on a new trade; domestic business being now

transacted by paper, and the gold and silver being converted into

a fund for this new trade.

If they employ it in purchasing foreign goods for home

consumption, they may either, first, purchase such goods as are

likely to be consumed by idle people, who produce nothing, such

as foreign wines, foreign silks, etc.; or, secondly, they may

purchase an additional stock of materials, tools, and provisions,

in order to maintain and employ an additional number of

industrious people, who reproduce, with a profit, the value of

their annual consumption.