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See Torrens's Production of Wealth, p. 208; and M'Culloch's Political Economy , p. 294, where he admits some exceptions. External Corn-trade, p. 87, etc. Ibid. p. 67. Political Economy , p. 329. Production of Wealth, p. 34, etc. Political Economy , p. 318. M'Culloch's Political Economy, p. 290. Preface to External Corn-trade. Ibid. p. 95. Political Economy , pp. 313-18.
The elder, Timotheus, was high- priest of the Temple of Serapis; and Zeno, the younger, had set the whole world talking when he, who in his youth had been notoriously dissipated, had retired from any concern in the corn-trade carried on by his family, the greatest business of the kind in the world, perhaps, and for this was an open secret had been baptized.
When we say that Chicago exports thirty millions of bushels of grain, and is the largest market in the world, many persons doubtless believe that these are merely Western figures of speech, and not figures of arithmetic. Let us, then, compare the exports of those European cities winch have confessedly the largest corn-trade with those of Chicago. Bushels of Grain.
For Ricardo's opinion of Torrens, see Letters to Trower, p. 39. Political Economy , p. 21. External Corn-trade, pp. xviii, 109, 139; Production of Wealth, p. 375. Originally in the Encyclopædia Metropolitana, 1836. Senior's Political Economy , p. 26. Ibid. , pp. 55, 129-131. Senior's Political Economy , p. 125. Ibid. p. 135.
The elder, Timotheus, was high-priest of the Temple of Serapis; and Zeno, the younger, had set the whole world talking when he, who in his youth had been notoriously dissipated, had retired from any concern in the corn-trade carried on by his family, the greatest business of the kind in the world, perhaps, and for this was an open secret had been baptized.
An ounce means one thing to the grocer, another to the apothecary. A stone is 8 pounds to the London butcher or fishmonger, 14 to the provincial; 5 pounds to the dealer in glass, 16 to the cheesemonger, and 32 to the dealer in hemp. The corn-trade exhibits still greater varieties.
Every slave he buys must become a Christian and his sons are the same; even Constantine, though he is an officer in the imperial army and as smart and clever a soldier as lives. As far as we are concerned we leave every man to his own beliefs. Porphyrius makes no secret of his views and all the vessels we use in the corn-trade are built by Christians. But here we are."
The other part of this corn-trade was from Lynn, in Norfolk, from Wells and Burnham, and from Yarmouth, all in the same county; and the third branch was from the river Medway, and from Milton, Feversham, Margate, and Sandwich, and all the other little places and ports round the coast of Kent and Essex.
M'Crowdy is obviously a type, not an individual. See Mr. Hewin's life of him in Dictionary of National Biography. Fourth edition in 1827. Ricardo's Works, p. 164 n. External Corn-trade, preface to fourth edition. J. S. Mill observes in his chapter upon 'International Trade' that Torrens was the earliest expounder of the doctrine afterwards worked out by Ricardo and Mill himself.
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