Principium Volume II, Book 9, Quote 921, 929, and 931

921. (10-1-2010) In almost all countries the revenue of the sovereign (king, government, etc.)ATJ is drawn from that of the people. The greater the revenue of the people, therefore, the greater the annual produce of their land and labour [sic], the more they can afford to the sovereign….It is the interest of such a sovereign, therefore, to open the most extensive market for the produce of his country, to allow the most perfect freedom of commerce, in order to increase as much as possible the number and the competition of buyers; and upon this account to abolish, not only all monopolies, but all restraints upon the transportation of the home produce from on part of the country to another, upon its exportation to foreign countries, or upon importation of good of any kind for which it can be exchanged. It is in this manner most likely to increase both the quantity and value of that produce, and consequently of his own share of it, or of his own revenue.

- Adam Smith – The Wealth of Nations, 1776


929. (10-11-2010) In barbarous governments, accordingly, in all those ancient governments of Europe in particular which were founded upon the ruins of the Roman empire, the administration of justice appears for a long time to have been extremely corrupt, far from being quite equal and impartial even under the best monarchs, and altogether profligate under the worst.

- Adam Smith – The Wealth of Nations, 1776


(It can be seen why the Founders of our American nation stressed that all men should be found equal before the law and subject to it, despite their wealth or lack thereof.)ATJ


931. (10-11-2010) Of the Expense of Public Works and Public Institutions: The third and last duty of the sovereign or commonwealth is that of erecting and maintaining those public institutions and those public works, which, though they may be in the highest degree advantageous to a great society, are, however, of such a nature that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot by expected that any individual or small number of individuals should erect or maintain. The performance of this duty require, too, very different degrees of expense in the different periods of society. After the public institutions and public works necessary for the defence [sic] of the society, and for the administration of justice, …the other works and institutions of this kind are chiefly those for facilitating the commerce of the society, and those for promoting the instructions of the people. The institutions for instruction are of two kinds: those for the education of youth, and those for instruction of people of all ages.

- Adam Smith – The Wealth of Nations, 1776

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