Ksiazka · An Inquiry into the Wealth of Nations
Strona 234 z 2651
Autor: Adam Smith
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France is, perhaps, in the present times, not so rich a country
as England; and though the legal rate of interest has in France
frequently been lower than in England, the market rate has
generally been higher; for there, as in other countries, they
have several very safe and easy methods of evading the law. The
profits of trade, I have been assured by British merchants who
had traded in both countries, are higher in France than in
England; and it is no doubt upon this account, that many British
subjects chuse rather to employ their capitals in a country where
trade is in disgrace, than in one where it is highly respected.
The wages of labour are lower in France than in England. When you
go from Scotland to England, the difference which you may remark
between the dress and countenance of the common people in the one
country and in the other, sufficiently indicates the difference
in their condition. The contrast is still greater when you return
from France.
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