Book · An Inquiry into the Wealth of Nations
Page 429 of 2651
Author: Adam Smith
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The vine is more affected by the difference of soils than any
other fruit-tree. From some it derives a flavour which no culture
or management can equal, it is supposed, upon any other. This
flavour, real or imaginary, is sometimes peculiar to the produce
of a few vineyards; sometimes it extends through the greater part
of a small district, and sometimes through a considerable part of
a large province. The whole quantity of such wines that is
brought to market falls short of the effectual demand, or the
demand of those who would be willing to pay the whole rent,
profit, and wages, necessary for preparing and bringing them
thither, according to the ordinary rate, or according to the rate
at which they are paid in common vineyards. The whole quantity,
therefore, can be disposed of to those who are willing to pay
more, which necessarily raises their price above that of common
wine.
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