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I t is not unworthy of remark, that the objection to the success of manufactures, deduced from the scarcity of hands, is alike applicable to trade and navigation, and yet these are perceived to flourish, without any sensible impediment from that cause.
As to the dearness of labor (another of the obstacles alleged), this has relation principally to two circumstances: one, that which has just been discussed, or the scarcity of hands; the other, the greatness of profits...
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... It is also evident, that the effect of the degree of disparity, which does truly exist, is diminished in proportion to the use which can be made of machinery....
To procure all such machines as are known in any part of Europe, can only require a proper provision and due pains. The knowledge of several of the most important of them is already possessed...
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General points of the essay
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