Front Page Titles (by Subject) APPENDIX 1 - An Inquiry Into the Nature and Causes of the Wealth of Nations (Cannan ed.), vol. 2
APPENDIX 1 - Adam Smith, An Inquiry Into the Nature and Causes of the Wealth of Nations (Cannan ed.), vol. 2 
An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith, edited with an Introduction, Notes, Marginal Summary and an Enlarged Index by Edwin Cannan (London: Methuen, 1904). Vol. 2.
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- Book Iv
- Chapter IV: Of Drawbacks
- Chapter V: Of Bounties
- Digression Concerning the Corn Trade and Corn Laws 1
- Chapter VI: Of Treaties of Commerce
- Chapter VII: Of Colonies
- Part First: of the Motives For Establishing New Colonies
- Part Second: Causes of the Prosperity of New Colonies
- Part Third: of the Advantages Which Europe Has Derived From the Discovery of America, and From That of a Passage to the East Indies By the Cape of Good Hope
- Chapter VIII: Conclusion of the Mercantile System 1
- Chapter IX: Of the Agricultural Systems, Or of Those Systems of Political Œconomy, Which Represent the Produce of Land As Either the Sole Or the Principal Source of the Revenue and Wealth of Every Country
- Book V: Of the Revenue of the Sovereign Or Commonwealth
- Chapter I: Of the Expences of the Sovereign Or Commonwealth
- Part I: Of the Expence of Defence
- Part II: Of the Expence of Justice
- Part III: Of the Expence of Public Works and Public Institutions
- Article I: Of the Public Works and Institutions For Facilitating the Commerce of the Society And, First, of Those Which Are Necessary For Facilitating Commerce In General 1
- Article II: Of the Expence of the Institutions For the Education of Youth 1
- Article III: Of the Expence of the Institutions For the Instruction of People of All Ages
- Part IV: Of the Expence of Supporting the Dignity of the Sovereign
- Chapter II: Of the Sources of the General Or Public Revenue of the Society
- Part I: Of the Funds Or Sources of Revenue Which May Peculiarly Belong to the Sovereign Or Commonwealth
- Part II: Of Taxes
- Article I: Taxes Upon Rent. Taxes Upon the Rent of Land
- Article II: Taxes Upon Profit, Or Upon the Revenue Arising From Stock
- Appendix to Articles I and Ii Taxes Upon the Capital Value of Land, Houses, and Stock
- Article III: Taxes Upon the Wages of Labour
- Article IV: Taxes Which, It Is Intended, Should Fall Indifferently Upon Every Different Species of Revenue
- Chapter III: Of Public Debts
- Appendix 1
The two following Accounts are subjoined in order to illustrate and confirm what is said in the Fifth Chapter of the Fourth Book, concerning the Tonnage bounty to the White Herring Fishery. The Reader, I believe, may depend upon the accuracy of both Accounts.
An Account of Busses fitted out in Scotland for Eleven Years, with the Number of Empty Barrels carried out, and the Number of Barrels of Herrings caught, also the Bounty at a Medium on each Barrel of Seasteeks, and on each Barrel when fully packed.
|Years.||Number of Busses.||Empty Barrels carried out.||Barrels of Herrings caught.||Bounty paid on the Busses.|
|Seasteeks||378347||Bounty at a medium for each barrel of seasteeks,||£.||0||8||2¼|
|⅓ deducted||126115⅔||But a barrel of seasteeks being only reckoned two-thirds of a barrel fully packed, one-third is deducted, which brings the bounty to||£.||0||12||3¾|
|Barrels full packed, }||252231⅓|
|And if the herrings are exported, there is besides a premium of||0||2||8|
|So that the bounty paid by Government in money for each barrel, is||£.||0||14||11¾|
|But if to this, the duty of the salt usually taken credit for as expended in curing each barrel, which at a medium is of foreign, one bushel and one-fourth of a bushel, at 10 s. a bushel, be added, viz.||0||12||6|
|The bounty on each barrel would amount to||£.||1||7||5¾|
|If the herrings are cured with British salt, it will stand thus, viz.|
|Bounty as before||£.||0||14||11¾|
|—but if to this bounty the duty on two bushels of Scots salt at 1 s. 6 d. per bushel, supposed to be the quantity at a medium used in curing each barrel is added, to wit,||0||3||0|
|The bounty on each barrel will amount to||£.||0||17||11¾|
|When buss herrings are entered for home consumption in Scotland, and pay the shilling a barrel of duty, the bounty stands thus, to wit as before||£.||0||12||3¾|
|From which the 1 s. a barrel is to be deducted||0||1||0|
|But to that there is to be added again, the duty of the foreign salt used in curing a barrel of herrings, viz.||0||12||6|
|So that the premium allowed for each barrel of herrings entered for home consumption is||£.||1||3||9¾|
|If the herrings are cured with British salt, it will stand as follows, viz.|
|Bounty on each barrel brought in by the busses as above||£.||0||12||3¾|
|From which deduct the 1 s. a barrel paid at the time they are entered for home consumption||0||1||0|
|But if to the bounty the duty on two bushels of Scots salt at 1 s. 6 d. per bushel, supposed to be the quantity at a medium used in curing each barrel, is added, to wit,||0||3||0|
|The premium for each barrel entered for home consumption will be||£.||0||14||3¾|
Though the loss of duties upon herrings exported cannot, perhaps, properly be considered as bounty; that upon herrings entered for home consumption certainly may.
An Account of the Quantity of Foreign Salt imported into Scotland, and of Scots Salt delivered Duty free from the Works there for the Fishery, from the 5th of April 1771 to the 5th of April 1782, with a Medium of both for one Year.
|PERIOD.||Foreign Salt imported.||Scots Salt delivered from the Works.|
|From the 5th of April 1771, to the 5th of April 1782. }||936974||168226|
|Medium for one Year||851795/11||152933/11|
It is to be observed that the Bushel of Foreign Salt weighs 84 lb. that of British Salt 56 lb. only.
the aberdeen university press limited
By EDWIN CANNAN
LECTURES ON JUSTICE, POLICE, REVENUE AND ARMS, delivered in the University of Glasgow by Adam Smith.
THE HISTORY OF LOCAL RATES IN ENGLAND.
A HISTORY OF THE THEORIES OF PRODUCTION AND DISTRIBUTION IN ENGLISH POLITICAL ECONOMY FROM 1776 TO 1848.
ELEMENTARY POLITICAL ECONOMY.
[See above, p. 21.]
[In Additions and Corrections this matter is printed in the text, and consequently the reading here is ‘confirm what is said above’.]