to the greatest extent into our foreign export trade in 1883:
| Raw cotton | $247,328,721 |
|---|---|
| Breadstuffs | 208,040,850 |
| Provisions and animals | 118,177,555 |
| Mineral oils | 40,555,492 |
| Wood | 26,793,708 |
| Tobacco | 22,095,229 |
These six classes of commodities are arranged in the order in which they enter into our export trade, and are the six which come first and highest in the list.
Chapter XV. Of Money Considered As An Imported Commodity.
§ 1. Money imported on two modes; as a Commodity, and as a medium of Exchange.
The degree of progress which we have now made in the theory of foreign trade puts it in our power to supply what was previously deficient in our view of the theory of money; and this, when completed, will in its turn enable us to conclude the subject of foreign trade.
Money, or the material of which it is composed, is, in Great Britain, and in most other countries, a foreign commodity. Its value and distribution must therefore be regulated, not by the law of value which obtains in adjacent places, but by that which is applicable to imported commodities—the law of international values.
In the discussion into which we are now about to enter, I shall use the