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An Inquiry into the Nature and Causes of the Wealth of Nations
img img An Inquiry into the Nature and Causes of the Wealth of Nations img Chapter 26 OF THE EXPENSES OF THE SOVEREIGN OR COMMONWEALTH.
26 Chapters
Chapter 1 OF THE DIVISION OF LABOUR.
Chapter 2 OF THE PRINCIPLE WHICH GIVES OCCASION TO THE DIVISION OF LABOUR.
Chapter 3 THAT THE DIVISION OF LABOUR IS LIMITED BY THE EXTENT OF THE MARKET.
Chapter 4 OF THE ORIGIN AND USE OF MONEY.
Chapter 5 OF THE REAL AND NOMINAL PRICE OF COMMODITIES, OR OF THEIR PRICE IN LABOUR, AND THEIR PRICE IN MONEY.
Chapter 6 OF THE COMPONENT PART OF THE PRICE OF COMMODITIES.
Chapter 7 OF THE NATURAL AND MARKET PRICE OF COMMODITIES.
Chapter 8 OF THE WAGES OF LABOUR.
Chapter 9 OF THE PROFITS OF STOCK.
Chapter 10 OF WAGES AND PROFIT IN THE DIFFERENT EMPLOYMENTS OF LABOUR AND STOCK.
Chapter 11 OF THE DIVISION OF STOCK.
Chapter 12 OF MONEY, CONSIDERED AS A PARTICULAR BRANCH OF THE GENERAL STOCK OF THE SOCIETY, OR OF THE EXPENSE OF MAINTAINING THE NATIONAL CAPITAL.
Chapter 13 OF THE ACCUMULATION OF CAPITAL, OR OF PRODUCTIVE AND UNPRODUCTIVE LABOUR.
Chapter 14 OF STOCK LENT AT INTEREST.
Chapter 15 OF THE NATURAL PROGRESS OF OPULENCE.
Chapter 16 OF THE DISCOURAGEMENT OF AGRICULTURE IN THE ANCIENT STATE OF EUROPE, AFTER THE FALL OF THE ROMAN EMPIRE.
Chapter 17 OF THE RISE AND PROGRESS OF CITIES AND TOWNS, AFTER THE FALL OF THE ROMAN EMPIRE.
Chapter 18 OF THE PRINCIPLE OF THE COMMERCIAL OR MERCANTILE SYSTEM.
Chapter 19 OF RESTRAINTS UPON IMPORTATION FROM FOREIGN COUNTRIES OF SUCH GOODS AS CAN BE PRODUCED AT HOME.
Chapter 20 OF THE EXTRAORDINARY RESTRAINTS UPON THE IMPORTATION OF GOODS OF ALMOST ALL KINDS, FROM THOSE COUNTRIES WITH WHICH THE BALANCE IS SUPPOSED TO BE DISADVANTAGEOUS.
Chapter 21 OF DRAWBACKS.
Chapter 22 OF BOUNTIES.
Chapter 23 OF TREATIES OF COMMERCE.
Chapter 24 OF COLONIES.
Chapter 25 CONCLUSION OF THE MERCANTILE SYSTEM.
Chapter 26 OF THE EXPENSES OF THE SOVEREIGN OR COMMONWEALTH.
Chapter 27 OF THE SOURCES OF THE GENERAL OR PUBLIC REVENUE OF THE SOCIETY.
Chapter 28 OF PUBLIC DEBTS.
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Chapter 26 OF THE EXPENSES OF THE SOVEREIGN OR COMMONWEALTH.

PART I. Of the Expense of Defence.

The first duty of the sovereign, that of protecting the society from the violence and invasion of other independent societies, can be performed only by means of a military force. But the expense both of preparing this military force in time of peace, and of employing it in time of war, is very different in the

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