Adam Smith：The Wealth of Nations, Book I, Chapter X, Paragraph 312

The produce of such labour comes frequently cheaper to market than would otherwise be suitable to its nature. Stockings, in many parts of Scotland, are knit much cheaper than they can anywhere be wrought upon the loom. They are the work of servants and labourers who derive the principal part of their subsistence from some other employment. More than a thousand pair of Shetland stockings are annually imported into Leith, of which the price is from fivepence to seven-pence a pair. At Lerwick, the small capital of the Shetland islands, tenpence a-day, I have been assured, is a common price of common labour. In the same islands, they knit worsted stockings to the value of a guinea a pair and upwards.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter X, paragraph 312 · Verified：2026-10-19 · Verification：Exact match

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