"British capital" Quotes from Famous Books
... rejoicing at the near approach of German armies to the Egyptian frontiers? In the European anarchy all these fears, suspicions, and rivalries were inevitable. But the British Government at least was not carried away by them. They were willing that British capital should co-operate on condition that the enterprise should be under international control. They negotiated for terms which would give equal control to Germany, England, and France. They failed to get these terms, why has not been made public. But Lord Cranborne, then Under-Secretary ... — The European Anarchy • G. Lowes Dickinson
... industry, replaces, too, by every such operation, two distinct capitals; but one of them only is employed in supporting domestic industry. The capital which sends British goods to Portugal, and brings back Portuguese goods to Great Britain, replaces, by every such operation, only one British capital. The other is a Portuguese one. Though the returns, therefore, of the foreign trade of consumption, should be as quick as those of the home trade, the capital employed in it will give but one half of the encouragement to the industry or productive ... — An Inquiry into the Nature and Causes of the Wealth of Nations • Adam Smith |