David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 324

A bounty, if it raises the price of corn, either raises it in comparison with the price of other commodities, or it does not. If the affirmative be true, it is impossible to deny the greater profits of the farmer, and the temptation to the removal of capital, till its price is again lowered by an abundant supply. If it does not raise it in comparison with other commodities, where is the injury to the home consumer, beyond the inconvenience of paying the tax? If the manufacturer pays a greater price for his corn, he is compensated by the greater price at which he sells his commodity, with which his corn is ultimately purchased.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 324 · Verified：2026-10-19 · Verification：Short excerpt

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