Joseph Hume
Scientist
1777-01-22
Books by Joseph Hume
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History of the Bank of England
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The substance of the speech of Mr. Joseph Hume, at the East-India house, on the 6th of October, 1813
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Quotes by Joseph Hume
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Worse there cannot be a better, I believe, there may be, by giving energy to the capital and skill of the country to produce exports, by increasing which, alone, can we flatter ourselves with the prospect of finding employment for that part of our population now unemployed.
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We ought, therefore, to lessen the price of food to our manufacturers, and place them more on a level with the manufacturers who have cheaper food, and also much lighter taxation.
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At the present moment the people of England are only three-quarters fed, and the result of this improvement in the export of our manufactures would be, that they would be entirely fed.
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Our course, then, is clear; if we desire to put an end to pauperism, or to lessen it, we should import everything we can use or sell, in order that we may employ our unemployed hands, in making the goods by which we pay for these imports.
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Worse there cannot be; a better, I believe, there may be, by giving energy to the capital and skill of the country to produce exports, by increasing which, alone, can we flatter ourselves with the prospect of finding employment for that part of our population now unemployed.
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Our people are unemployed and anxious to work for the food which foreigners can give us.
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So that a famine price is vague, and the plan subject to all the inconvenience now experienced.
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I see no reason for giving the capital employed in agriculture greater protection than the capital vested in other branches of trade, manufacture, or commerce.
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