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diminution
1. The quantity of these, however, which the labouring poor an under any necessity of consuming, is so very small, that the increase in their price does not compensate the diminution in that of so many other things
2. fore, that the increase of its price is more than compensated by the diminution of its quantity
3. When profit diminishes, merchants are very apt to complain that trade decays, though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before
4. The great accession both of territory and trade by our acquisitions in North America and the West Indies, will sufficiently account for this, without supposing any diminution in the capital stock of the society
5. The diminution of the capital stock of the society, or of the funds destined for the maintenance of industry, however, as it lowers the wages of labour, so it raises the profits of stock, and consequently the interest of money
6. The landlord gains both ways; by the increase of the produce, and by the diminution of the labour which must be maintained out of it
7. But the increase of the value of silver had, it seems, so far compensated the diminution of the quantity of it contained in the same nominal sum, that the legislature did not think it worth while to attend to this circumstance
8. This rise in the value of silver, in proportion to that of corn, may either have been owing altogether to the increase of the demand for that metal, in consequence of increasing improvement and cultivation, the supply, in the mean time, continuing the same as before; or, the demand continuing the same as before, it may have been owing altogether to the gradual diminution of the supply: the greater part of the mines which were then known in the world being much exhausted, and, consequently, the expense of working them much increased; or it may have been owing partly to the one, and partly to the other of those two circumstances
9. The first of these causes is no doubt necessarily connected with the diminution of the value of the precious metals; but the second is not
10. Diminish the real opulence either of Holland or of the territory of Genoa, while the number of their inhabitants remains the same ; diminish their power of supplying themselves from distant countries; and the price of corn, instead of sinking with that diminution in the quantity of their silver, which must necessarily accompany this declension, either as its cause or as its effect, will rise to the price of a famine
11. If those who have collected the prices of things in ancient times, therefore, had, during this period, no reason to infer the diminution of the value of silver from any observations which they had made upon the prices either of corn, or of other commodities, they had still less reason to infer it from any supposed increase of wealth and improvement
12. The discovery of the abundant mines of America seems to have been the sole cause of this diminution in the value of silver, in proportion to that of corn
13. But in France, till 1764, the exportation of grain was by law prohibited ; and it is somewhat difficult to suppose, that nearly the same diminution of price which took place in one country, notwithstanding this prohibition
14. This, however, seems to be the effect, not so much of any diminution in the value of silver in the European market, as of an increase in the demand for labour in Great Britain, arising from the great, and almost universal prosperity of the country
15. The rise in its money price seems to have been the effect, not of any diminution of the value of silver in the general market of Europe, but of a rise in the real price of labour, in the particular market of Great Britain, owing to the peculiarly happy circumstances of the country
16. The great rise in the price both of hogs and poultry, has, in Great Britain, been frequently imputed to the diminution of the number of cottagers and other small occupiers of land ; an event which has in every part of Europe been the immediate forerunner of improvement and better cultivation, but which at the same time may have contributed to raise the price of those articles, both somewhat sooner and somewhat faster than it would otherwise have risen
17. The same causes which gradually raise the price of butcher's meat, the increase of the demand, and, in consequence of the improvement of the country, the diminution of the quantity which can be fed at little or no expense, raise, in the same manner, that of the produce of the dairy, of which the price naturally connects with that of butcher's meat, or with the expense of feeding cattle
18. This diminution of their value, however, has not been owing to the increase of the real wealth of Europe, of the annual produce of its land and labour, but to the accidental discovery of more abundant mines than any that were known before
19. In consequence of better machinery, of greater dexterity, and of a more proper division and distribution of work, all of which are the natural effects of improvement, a much smaller quantity of labour becomes requisite for executing any particular piece of work ; and though, in consequence of the flourishing circumstances of the society, the real price of labour should rise very considerably, yet the great diminution of the quantity will generally much more than compensate the greatest rise which can happen in the price
20. This diminution of price has, in the course of the present and preceding century, been most remarkable in those manufactures of which the materials are the coarser metals
21. When by a more proper direction, however, it can be diminished without occasioning any diminution of produce, the gross rent remains at least the same as before, and the neat rent is necessarily augmented
22. Money, therefore, is the only part of the circulating capital of a society, of which the maintenance can occasion any diminution in their neat revenue
23. But though the circulating gold and silver of Scotland have suffered so great a diminution during this period, its real riches and prosperity do not appear to have suffered any
24. They had over-traded a little, and had brought upon themselves that loss, or at least that diminution of profit, which, in this particular business, never fails to attend the smallest degree of over-trading
25. Every year, therefore, there would still be some diminution in what would otherwise have been the value of the annual produce of the land and labour of the country
26. But the money which, by this annual diminution of produce, is annually thrown out of domestic circulation, will not be allowed to lie idle
27. In every such project, though the capital is consumed by productive hands only, yet as, by the injudicious manner in which they are employed, they do not reproduce the full value of their consumption, there must always be some diminution in what would otherwise have been the productive funds of the society
28. The attention of government was turned away from guarding against the exportation of gold and silver, to watch over the balance of trade, as the only cause which could occasion any augmentation or diminution of those metals
29. National animosity, at that particular time, aimed at the very same object which the most deliberate wisdom would have recommended, the diminution of the naval power of Holland, the only naval power which could endanger the security of England
30. This diminution, however, can scarce amount to any positive loss, but only to a lessening of the gain which it might otherwise make
31. below its standard weight, would, notwithstanding, have been equal in value to the quantity of standard gold which it ought to have contained ; the value of the fashion compensating in this case the diminution of the weight
32. It was natural, therefore, that the sovereigns of those countries should be particularly attentive to the interests of agriculture, upon the prosperity or declension of which immediately depended the yearly increase or diminution of their own revenue
33. interruption of his business will not always occasion any considerable diminution of his revenue
34. The joint-stock companies, which are established for the public-spirited purpose of promoting some particular manufacture, over and above managing their own affairs ill, to the diminution of the general stock of the society, can, in other respects, scarce ever fail to do more harm than good
35. If the landlords should, the greater part of them, be tempted to farm the whole of their own lands, the country (instead of sober and industrious tenants, who are bound by their own interest to cultivate as well as their capital and skill will allow them) would be filled with idle and profligate bailiffs, whose abusive management would soon degrade the cultivation, and reduce the annual produce of the land, to the diminution, not only of the revenue of their masters, but of the most important part of that of the whole society
36. By this miserable policy, he does not, perhaps, always consult his own interest in the most effectual manner ; and he probably loses more by the diminution of his produce, than he saves by that of his tax
37. Though, in consequence of this wretched cultivation, the market is, no doubt, somewhat worse supplied; yet the small rise of price which this may occasion, as it is not likely even to indemnify the farmer for the diminution of his produce, it is still less likely to enable him to pay more rent to the landlord
38. The death of a father, to such of his children as live in the same house with him, is seldom attended with any increase, and frequently with a considerable diminution of revenue ; by the loss of his industry, of his office, or of some life-rent estate, of which he may have been in possession
39. The declension of industry, the decrease of employment for the poor, the diminution of the annual produce of the land and labour of the country, have generally been the effects of such taxes
40. When the diminution of revenue is the effect of the diminutiun of consumption, there can be but one remedy, and that is the lowering of the tax
41. When the diminution of revenue is the effect of the encouragement given to smuggling, it may, perhaps, be remedied in two ways; either by diminishing the temptation to smuggle, or by increasing the difficulty of smuggling
42. By the ruin of the smuggler, his capital, which had before been employed in maintaining productive labour, is absorbed either in the revenue of the state, or in that of the revenue officer; and is employed in maintaining unproductive, to the diminution of the general capital of the society, and of the useful industry which it might otherwise have maintained
43. If it should be found impracticable for Great Britain to draw any considerable augmentation of revenue from any of the resources above mentioned, the only resource which can remain to her, is a diminution of her expense
44. Perhaps this unfortunate turn of events is inevitable in light of the continuous assault over the years by the International Community (read: Modern European Democracies) whose leaders widely regard sovereign authority (other than their own) and political prestige invested in great nations with suspicion and whose (own) precipitous decline as world power brokers foreshadowed America‘s diminution of (global) influence by a half century or more
45. What I have observed, however, is a procession of global wars, famine, pestilence and disease, a decline in civility and (polite) manners, greed and rabid materialism, a diminution of moral and spiritual values, corporate and political corruption, consumer gluttony, disinterested parents and teachers, dysfunctional households, racism, steroids, offensive rap-music, pedophilia, teenage pregnancies and abortion, social unrest, selfishness and indifference, self-centeredness and conceit, the flaunting of immodest and indecent behavior and the glorification of stupidity in general
46. That alone argues for the earthly condition of a certain perceptive diminution of capacity
47. ” There is a gradual diminution in the number of those who actually know nature, who know what they are talking about
48. Outsourcing American constitutional interpretation to rely on a system of transnational law can only result in diminution or destruction of the constitutional rights of Americans
49. 6 Therefore they are taken outside of Heaven for three years and are not added to the number of days, because they change the time of the years to two new months towards completion, to two others towards diminution
50. 6 Therefore they are taken outside of Heaven for three years and are not added to the number of days because they change the time of the years to two new months towards completion to two others towards diminution