11 March 1804

Wealth I. 1. +

2

Political Economy - Method - Sponte Acta

Matter / Source.

1. Matter - Sources - 1. Land. 2. Water. p.9.

2. 2. Modifications - improved or unimproved - p.9.

3. - unimproved - 1. Mineral. 2. Vegetable. 3. Animal. p.9.

4. Use immediate or subservient. p.10.

5. Immediate use - when immediately applicable to subsistence security or

enjoyment. p.10.

6. Subservient use - when not immediately applicable. p10.

Motion 1 Motion may be communicated without contact or by contact. p.10

* 2. Primum mobiles for the increase of wealth. 1. Descent of heavy bodies. 2.

Water. 3. Wind. p.11. 4. Expansion and contraction of air. 5. Volition. 6.

Labour - human or brute. p.12.

1. Operations by which increase of wealth is promoted. 1. Discovery of source of

raw materials. 2. Discovery of land from which the raw material may be

extracted. 3. Extraction of the raw material from the land. p.13.

2. French Economists opinion - no value but what is derived from extraction. p.14

/13x/.

3. Practical inference all Taxes should be assessed. i:e: direct. p.14 /13x/.

4. This is sufficient to refute this opinion, which it takes up pages to do in A

Smith p.13x.

Encrease modes

1. Encrease of wealth is 1. Positive 2. Negative = prevention of decrease. p.1

2. Negative is by 1. keeping in Preservation 2. Relative increase of articles

liable to go out. p.1.

3. Modes of departure - destruction - exportation - p.

4. Deperition - partial or deteriorative. p.2

5 Production of deperition - 1 Destructive - 2 Endamagent. p.2.

6 Reference to Civil & Penal law. p 2

Encrease cause.

1. Encrease of wealth is produced either by increase of labour or by increase of

the efficiency of labour. p.1

2. If by efficiency the quantity of increase will depend on the efficiency with

which the expelled hands are employed. p.2

3. Capital remaining the same, the result of any saving of labour by machinery

(for instance half) must be the discharge of half the men. p.2.

4. Capital remaining the same as before, the labour employed about machinery

being more expensive, would render a still further decrease of men necessary.

p.3.