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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.