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Pagina 673 de 2651

Autor: Adam Smith

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It may be of some use to the public, by affording an easy proof
of the prosperous condition of the country. If the rise in the
price of some sorts of provisions be owing altogether to a fall
in the value of silver, it is owing to a circumstance, from which
nothing can be inferred but the fertility of the American mines.
The real wealth of the country, the annual produce of its land
and labour, may, notwithstanding this circumstance, be either
gradually declining, as in Portugal and Poland; or gradually
advancing, as in most other parts of Europe. But if this rise in
the price of some sorts of provisions be owing to a rise in the
real value of the land which produces them, to its increased
fertility, or, in consequence of more extended improvement and
good cultivation, to its having been rendered fit for producing
corn; it is owing to a circumstance which indicates, in the
clearest manner, the prosperous and advancing state of the
country.

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