An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith (ebook reader with highlighter txt) 📖

accordingly have, upon many occasions, both deceived and oppressed

it.

#

PRICES OF WHEAT

 

Year Prices/Quarter Average of different Average prices of

in each year prices in one year each year in money

of 1776

 

� s d � s d � s d

1202 0 12 0 1 16 0

1205 0 12 0

0 13 4 0 13 5 2 0 3

0 15 0

1223 0 12 0 1 16 0

1237 0 3 4 0 10 0

1243 0 2 0 0 6 0

1244 0 2 0 0 6 0

1246 0 16 0 2 8 0

1247 0 13 5 2 0 0

1257 1 4 0 3 12 0

1258 1 0 0

0 15 0 0 17 0 2 11 0

0 16 0

1270 4 16 0

6 8 0 5 12 0 16 16 0

1286 0 2 8

0 16 0 0 9 4 1 8 0

Total 35 9 3

Average 2 19 1�

 

1287 0 3 4 0 10 0

1288 0 0 8

0 1 0

0 1 4

0 1 6

0 1 8 0 3 0� 0 9 1�

0 2 0

0 3 4

0 9 4

1289 0 12 0

0 6 0

0 2 0 0 10 1� 1 10 4�

0 10 8

1 0 0

1290 0 16 0 2 8 0

1294 0 16 0 2 8 0

1302 0 4 0 0 12 0

1309 0 7 2 1 1 6

1315 1 0 0 3 0 0

1316 1 0 0

1 10 0 1 10 6 4 11 6

1 12 0

2 0 0

1317 2 4 0

0 14 0

2 13 0 1 19 6 5 18 6

4 0 0

0 6 8

1336 0 2 0 0 6 0

1338 0 3 4 0 10 0

Total 23 4 11�

Average 1 18 8

 

1339 0 9 0 1 7 0

1349 0 2 0 0 5 2

1359 1 6 8 3 2 2

1361 0 2 0 0 4 8

1363 0 15 0 1 15 0

1369 1 0 0

1 4 0 1 2 0 2 9 4

1379 0 4 0 0 9 4

1387 0 2 0 0 4 8

1390 0 13 4

0 14 0 0 14 5 1 13 7

0 16 0

1401 0 16 0 1 17 6

1407 0 4 4�

0 3 4 0 3 10 0 8 10

1416 0 16 0 1 12 0

Total 15 9 4

Average 1 5 9�

 

1423 0 8 0 0

1425 0 4 0 0

1434 1 6 8 4

1435 0 5 4 8

1439 1 0 0

1 6 8 1 3 4 2 6 8

1440 1 4 0 2 8 0

1444 0 4 4 0 4 2 0 4 8

0 4 0

1445 0 4 6 0 9 0

1447 0 8 0 0 16 0

1448 0 6 8 0 13 4

1449 0 5 0 0 10 0

1451 0 8 0 0 16 0

Total 12 15 4

Average 1 1 3�/�

 

1453 0 5 4 0 10 8

1455 0 1 2 0 2 4

1457 0 7 8 1 15 4

1459 0 5 0 0 10 0

1460 0 8 0 0 16 0

1463 0 2 0 0 1 10 0 3 8

0 1 8

1464 0 6 8 0 10 0

1486 1 4 0 1 17 0

1491 0 14 8 1 2 0

1494 0 4 0 0 6 0

1495 0 3 4 0 5 0

1497 1 0 0 1 11 0

Total 8 9 0

Average 0 14 1

 

1499 0 4 0 0 6 0

1504 0 5 8 0 8 6

1521 1 0 0 1 10 0

1551 0 8 0 0 8 0

1553 0 8 0 0 8 0

1554 0 8 0 0 8 0

1555 0 8 0 0 8 0

1556 0 8 0 0 8 0

1557 0 8 0

0 4 0 0 17 8� 0 17 8�

0 5 0

2 13 4

1558 0 8 0 0 8 0

1559 0 8 0 0 8 0

1560 0 8 0 0 8 0

Total 6 0 2�

Average 0 10 0�

 

1561 0 8 0 0 8 0

1562 0 8 0 0 8 0

1574 2 16 0

1 4 0 2 0 0 2 0 0

1587 3 4 0 3 4 0

1594 2 16 0 2 16 0

1595 2 13 0 2 13 0

1596 4 0 0 4 0 0

1597 5 4 0

4 0 0 4 12 0 4 12 0

1598 2 16 8 2 16 8

1599 1 19 2 1 19 8

1600 1 17 8 1 17 8

1601 1 14 10 1 14 10

Total 28 9 4

Average 2 7 5�

 

PRICES OF THE QUARTER OF NINE BUSHELS OF THE BEST OR HIGHEST

PRICED WHEAT AT WINDSOR MARKET, ON LADY DAY AND MICHAELMAS,

FROM 1595 TO 1764 BOTH INCLUSIVE; THE PRICE OF EACH YEAR

BEING THE MEDIUM BETWEEN THE HIGHEST PRICES OF THESE TWO

MARKET DAYS.

 

� s d

1595 2 0 0

1596 2 8 0

1597 3 9 6

1598 2 16 8

1599 1 19 2

1600 1 17 8

1601 1 14 10

1602 1 9 4

1603 1 15 4

1604 1 10 8

1605 1 15 10

1606 1 13 0

1607 1 16 8

1608 2 16 8

1609 2 10 0

1610 1 15 10

1611 1 18 8

1612 2 2 4

1613 2 8 8

1614 2 1 8�

1615 1 18 8

1616 2 0 4

1617 2 8 8

1618 2 6 8

1619 1 15 4

1620 1 10 4

26)54 0 6�

Average 2 1 6�

 

1621 1 10 4

1622 2 18 8

1623 2 12 0

1624 2 8 0

1625 2 12 0

1626 2 9 4

1627 1 16 0

1628 1 8 0

1629 2 2 0

1630 2 15 8

1631 3 8 0

1632 2 13 4

1633 2 18 0

1634 2 16 0

1635 2 16 0

1636 2 16 8

16)40 0 0

Average 2 10 0

 

1637 2 13 0

1638 2 17 4

1639 2 4 10

1640 2 4 8

1641 2 8 0

1646 2 8 0

1647 3 13 0

1648 4 5 0

1649 4 0 0

1650 3 16 8

1651 3 13 4

1652 2 9 6

1653 1 15 6

1654 1 6 0

1655 1 13 4

1656 2 3 0

1657 2 6 8

1658 3 5 0

1659 3 6 0

1660 2 16 6

1661 3 10 0

1662 3 14 0

1663 2 17 0

1664 2 0 6

1665 2 9 4

1666 1 16 0

1667 1 16 0

1668 2 0 0

1669 2 4 4

1670 2 1 8

1671 2 2 0

1672 2 1 0

1673 2 6 8

1674 3 8 8

1675 3 4 8

1676 1 18 0

1677 2 2 0

1678 2 19 0

1679 3 0 0

1680 2 5 0

1681 2 6 8

1682 2 4 0

1683 2 0 0

1684 2 4 0

1685 2 6 8

1686 1 14 0

1687 1 5 2

1688 2 6 0

1689 1 10 0

1690 1 14 8

1691 1 14 0

1692 2 6 8

1693 3 7 8

1694 3 4 0

1695 2 13 0

1696 3 11 0

1697 3 0 0

1698 3 8 4

1699 3 4 0

1700 2 0 0

60) 153 1 8

Average 2 11 0�/�

 

1701 1 17 8

1702 1 9 6

1703 1 16 0

1704 2 6 6

1705 1 10 0

1706 1 6 0

1707 1 8 6

1708 2 1 6

1709 3 18 6

1710 3 18 0

1711 2 14 0

1712 2 6 4

1713 2 11 0

1714 2 10 4

1715 2 3 0

1716 2 8 0

1717 2 5 8

1718 1 18 10

1719 1 15 0

1720 1 17 0

1721 1 17 6

1722 1 16 0

1723 1 14 8

1724 1 17 0

1725 2 8 6

1726 2 6 0

1727 2 2 0

1728 2 14 6

1729 2 6 10

1730 1 16 6

1731 1 12 10 1 12 10

1732 1 6 8 1 6 8

1733 1 8 4 1 8 4

1734 1 18 10 1 18 10

1735 2 3 0 2 3 0

1736 2 0 4 2 0 4

1737 1 18 0 1 18 0

1738 1 15 6 1 15 6

1739 1 18 6 1 18 6

1740 2 10 8 2 10 8

10) 18 12 8

1 17 3�

 

1741 2 6 8 2 6 8

1742 1 14 0 1 14 0

1743 1 4 10 1 4 10

1744 1 4 10 1 4 10

1745 1 7 6 1 7 6

1746 1 19 0 1 19 0

1747 1 14 10 1 14 10

1748 1 17 0 1 17 0

1749 1 17 0 1 17 0

1750 1 12 6 1 12 6

10) 16 18 2

1 13 9�

 

1751 1 18 6

1752 2 1 10

1753 2 4 8

1754 1 13 8

1755 1 14 10

1756 2 5 3

1757 3 0 0

1758 2 10 0

1759 1 19 10

1760 1 16 6

1761 1 10 3

1762 1 19 0

1763 2 0 9

1764 2 6 9

64) 129 13 6

Average 2 0 6�

 

BOOK II.

 

OF THE NATURE, ACCUMULATION, AND EMPLOYMENT OF STOCK.

 

INTRODUCTION.

 

In that rude state of society, in which there is no division of labour, in

which exchanges are seldom made, and in which every man provides every thing

for himself, it is not necessary that any stock should be accumulated, or

stored up beforehand, in order to carry on the business of the society.

Every man endeavours to supply, by his own industry, his own occasional

wants, as they occur. When he is hungry, he goes to the forest to hunt ;

when his coat is worn out, he clothes himself with the skin of the first

large animal he kills : and when his hut begins to go to ruin, he repairs

it, as well as he can, with the trees and the turf that are nearest it.

 

But when the division of labour has once been thoroughly introduced, the

produce of a man’s own labour can supply but a very small part of his

occasional wants. The far greater part of them are supplied by the produce

of other men’s labour, which he purchases with the produce, or, what is the

same thing, with the price of the produce, of his own. But this purchase

cannot be made till such time as the produce of his own labour has not only

been completed, but sold. A stock of goods of different kinds, therefore,

must be stored up somewhere, sufficient to maintain him, and to supply him

with the materials and tools of his work, till such time at least as both

these events can be brought about. A weaver cannot apply himself entirely to

his peculiar business, unless there is beforehand stored up somewhere,

either in his own possession, or in that of some other