CodalSearch this book — or all of Codal…⌘K
nydus/Principles of Political EconomyPublic
Page 772 of 851
Table of Contents

Chapter I. On The General Principles Of Taxation.

wool, lumber, and the industries intimately connected with them; all the employments which transport these from one part of the country to another (employing at present over one ninth of all our laborers); and professional and personal services of an extended variety. Even, therefore, if we were obliged to forego manufactures entirely, the “extractive industries” would necessarily involve a very extensive diversity of employments.

The real question, however, for most persons, centers in the [pg 623] next stage of the industrial evolution—that of the manufactures of these above-mentioned products of the “extractive industries.” It will be remembered, here, that a country does not possess an equal ability in producing each of these or any commodities: the timber formerly near great rivers may vanish into the interior; the oil-sources may be more or less fertile; or the ore-deposits may be more or less rich, more or less accessible, than those of other countries. This being understood, then, as soon as the demand in

772