A Treatise on Political Economy or the Production, by Say J.-B.

By Say J.-B.

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Now, an indigent multitude has the fewer contributions to y*t »d, the more mouths it has to feed. It is not the numerical population of a state, bu4. the capital and genius of its inhabitants, that most conduce to the advancement of its commerce ; these benefit population much more than they are benefited by it. Finally, the number of troops a governme "f can maintain depends still less upon the extent n( tts» population than upon its revenues, A it has been already seen that revenue is not dependent upon population.

In Spain, Alvarez Osorio, and Martinez--de-mata, have delivered discourses on political economy, the publication of which we owe to the enlightened patriotism of Campomanes, Moncada, Navarette, Ustarilz, Ward, and Ulloa, have written on the same subject. * In France, the science of political economy, atfirst,was only considered in its application to public finances. Sully remarks correctly enough, that agriculture and commerce are the two teats of the state; but from a vague and indistinct conception of the truth.

XXXU The dissipation of the national treasures was really supposed to merit the public gratitude. The ignorance of first principles, with the debauchery and licentiousness of the duke of Orleans, conspired to effect the ruin of the kingdom. During the long peace maintained by cardinal Fleury, France recovered a little; the insignificant administration of this weak minister at least proving, that the ruler of a nation may achieve much good by abstaining from the commission of evil. The steadily increasing progress of different branches of industry, the advancement of the sciences, whose influence upon wealth we shall have occasion hereafter to notice, and the direction of public opinion, at length estimating national prosperity as being of some importance, caused the science of political economy to enter into the contemplation of a great number of writers.

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