QUIRE A GREATER QUANTITY OF MONEY TO CIRCULATE
THEM.  THAT WEALTH CONSISTS IN MONEY, OR IN GOLD AND
SILVER, IS A POPULAR NOTION WHICH NATURALLY ARISES FROM
THE DOUBLE FUNCTION OF MONEY, AS THE INSTRUMENT OF
COMMERCE, AND IS THE MEASURE OF VALUE... IN EVERY
PERIOD, INDEED, OF EVERY SOCIETY, THE SURPLUS PART BOTH OF THE
RUDE AND MANUFACTURED PRODUCE, OR THAT FOR WHICH
THERE IS NO DEMAND AT HOME, MUST BE SENT ABROAD IN OR-
DER TO BE EXCHANGED FOR SOMETHING FOR WHICH THERE IS 
SOME DEMAND AT HOME... THE PROGRESS OF OUR NORTH
AMERICAN COLONY WOULD HAVE BEEN MUCH LESS RAPID, HAD
NO CAPITAL BUT WHAT BELONGED TO THEMSELVES BEEN EM-
PLOYED IN EXPORTING THEIR SURPLUS PRODUCE... IT IS THUS
THAT THE SAME CAPITAL WILL IN ANY COUNTRY PUT INTO MO-
TION A GREATER OR SMALLER QUANTITY OF PRODUCTIVE LA-
BOUR, AND ADD A GREATER OR SMALLER VALUE TO THE ANNU-
AL PRODUCE OF ITS LAND AND LABOUR, ACCORDING TO THE

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