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A bold adventurer may sometimes acquire a considerable fortune by

two or three successful speculations, but is just as likely to

lose one by two or three unsuccessful ones. This trade can be

carried on nowhere but in great towns. It is only in places of

the most extensive commerce and correspondence that the

intelligence requisite for it can be had.

The five circumstances above mentioned, though they occasion

considerable inequalities in the wages of labour and profits of

stock, occasion none in the whole of the advantages and

disadvantages, real or imaginary, of the different employments of

either. The nature of those circumstances is such, that they make

up for a small pecuniary gain in some, and counterbalance a great

one in others.