Boek · An Inquiry into the Wealth of Nations
Pagina 632 van 2651
Auteur: Adam Smith
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The lands of no country, it is evident, can ever be completely
cultivated and improved, till once the price of every produce,
which human industry is obliged to raise upon them, has got so
high as to pay for the expense of complete improvement and
cultivation. In order to do this, the price of each particular
produce must be sufficient, first, to pay the rent of good corn
land, as it is that which regulates the rent of the greater part
of other cultivated land; and, secondly, to pay the labour and
expense of the farmer, as well as they are commonly paid upon
good corn land; or, in other words, to replace with the ordinary
profits the stock which he employs about it. This rise in the
price of each particular produce; must evidently be previous to
the improvement and cultivation of the land which is destined for
raising it. Gain is the end of all improvement; and nothing could
deserve that name, of which loss was to be the necessary
consequence.
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