Page 569 of 2651

But in countries of equal art and industry, the money price of

the greater part of manufactures will be in proportion to the

money price of labour; and in manufacturing art and industry,

China and Indostan, though inferior, seem not to be much inferior

to any part of Europe. The money price of the greater part of

manufactures, therefore, will naturally be much lower in those

great empires than it is anywhere in Europe. Through the greater

part of Europe, too, the expense of land-carriage increases very

much both the real and nominal price of most manufactures. It

costs more labour, and therefore more money, to bring first the

materials, and afterwards the complete manufacture to market. In

China and Indostan, the extent and variety of inland navigations

save the greater part of this labour, and consequently of this

money, and thereby reduce still lower both the real and the

nominal price of the greater part of their manufactures.