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Page 758 of 2651

Author: Adam Smith

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Thirdly, and lastly, the machines and instruments of trade, etc.
which compose the fixed capital, bear this further resemblance to
that part of the circulating capital which consists in money;
that as every saving in the expense of erecting and supporting
those machines, which does not diminish the introductive powers
of labour, is an improvement of the neat revenue of the society;
so every saving in the expense of collecting and supporting that
part of the circulating capital which consists in money is an
improvement of exactly the same kind.

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