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ing away the i-aw materials, and bringing back the manufadured goods, 

 would be more than he could fupport. On this account, mafter ma- 

 nufafturers are deterred from fettling and edablifliing new manufadures, 

 in thinly inhabited regions ; and the inhabitants, even were they wil- 

 ling to be inftrufted, are deprived of the knowledge of the new arts. 



It appears, that there is ftill a want of capital in this country ; were 

 not this the cafe, the intereft of money in Ireland would flill, from 

 the prefent high rate. It appears, that the market for money, is 

 overftocked with cuftomers, and underftocked with the commodity ; in 

 other words, that the quantity of money to be lent is comparatively 

 finall, when confidered, with a reference to the number of perfons, 

 who want to borrow. The capitaJ, beiag thus confined, mud be em- 

 ployed, in the way, which will yield the greated revenue to all the in- 

 dividuals of the country. For a country, in fuch a low (late of ca- 

 pital, to attempt the eftablifliment of all manufaftures, at once, within 

 herfelf; and to prohibit the manufaftures of other countries, inflead 

 of advancing her progrefs, towards real wealth and greatnefs, would 

 retard it ; perhaps, precipitate her into ruin. A country, which is 

 confcious to herfelf of a want of capital, fliould confider her own de- 

 ficiency, and be cautious, how fhe embarks in new, and problematical 

 fpeculations- Undertakings, that are hazardous, in their firll commence- 

 mencement, and require an extenfive and elaborate machinery, and coftly 

 apparatus, are ill fuited to the ftate and condition of fuch a country. 



Manufactures, which operate on a primum, which is the produce of 

 the country, are (ceteris paribus) entitled to precedence. In the firft 

 place, it is to be confidered, that fuch a manufafture not only fets in 

 motion, the induftry or produfiive labour, of the workmen immediately 

 engaged in the manufacture, but alfo of the perfons, who are employed 

 in raifing or preparing the primum, on which it operates. The linen 

 manufafture, in addition to thofe, who fpin the yarn, weave the web, 

 whiten it on the bleach-green, and finifli it at the calendar, gives em- 

 ployment, to the farmer, who raifes the flax, and to a variety of per- 

 fons 



