ABSTRACT

Poor countreys have no greater constancy in the demand for their manufactures than in the price of their materials. Poor countreys, with cheap necessarys, some cheap materials, and even cheap labour in some things, do not always, nay, seldom do, and but in a few cases, work up manufactures so cheaply as in the provinces of a rich countrey, and, what is most surprising, as even in its capital. The reasons are obvious: the materials of all manufactures are various, and poor countreys, while they have some cheap, have frequently most part dearer than in wealthy countreys; which have or may have all, att the constant lowest level of their neighbours. A countrey in this situation would, in some measure, be the capital of the world, while all neighbour countreys would, in respect of its advantages, tho' not of their own, be as its provinces.