JB/107/023/001

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The proposition
that the wealth of
a nation is not in
proportion to the
quantity of money
in it, but to the
rapidity of its circulation,
should
be confined to such
st transfers as
are productive of
labour.

2

The quantity of
and quality of the
land and existing
stock of all kinds
being given, the
addition received
by the wealth of the
nation within the
compass (say) of a
year will be in depend
solely on the labour:
proportion
it will in proportion
of to the quality and
felicity of direction
of the labour exerted bestowed
within that
period, and the
amount of the
what is remaining
of the produce of
that labour over
and above what
has been consumed.

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3

Cases Instances in which
circulation contributes or transfer
of money contributes
nothing to wealth.

1. Where money is
given for evanescent
services, as attendance,
acting, singing, dancing
prostitution, +

2. When it passses
from hand to hand
in the a course of
gaming.

3. When it is given
in the way of a
present.

4. When it is
but a security
or otherwise and
repaid.

5. When it is employd
in the sale
and resale of the
same article, bought
and sold again and
again in the way
of speculation.

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4

If the increase
of wealth depended
strictly operating
on rapidity of
circulation, as
contradistinct from
the quantity and
direction of the
labour elicited,
the addition capable
of being made to
the quantity of
wealth within
a year would
have no bounds.

Identifier: | JB/107/023/001"JB/" can not be assigned to a declared number type with value 107.
Date_1		Marginal Summary Numbering
Box	107	Main Headings	manual of political economy
Folio number	023	Info in main headings field	polit. economy
Image	001	Titles	circulation
Category	plan	Number of Pages	2
Recto/Verso	recto	Page Numbering
Penner	jeremy bentham	Watermarks	[[watermarks::gr [with crown] [lion motif]]]
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	35014
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