The Pamphlet Collection of Sir Robert Stout: Volume 56
It is a Fact
It is a Fact
That, except in a very trifling proportion, nations pay each other by goods, and not by gold or silver. Every pound's worth of foreign goods, of whatever sort, sold here gives rise to a purchase, directly or indirectly, of a pound's worth of British goods of some kind or other; and thus, instead of curtailing British labour, causes a demand for it.