of those funds, which, in different ages and nations, have supplied their
annual consumption, is the object of these four first books. The fifth and last book treats 
of the revenue of the sovereign, or commonwealth. In this book I have endeavoured to 
shew, first, what are the necessary expenses of the sovereign, or commonwealth ; which 
of those expenses ought to be defrayed by the general contribution of the whole society, 
and which of them, by that of some particular part only, or of some particular members of 
it: secondly, what are the different methods in which the whole society may be made to 
contribute towards defraying the expenses incumbent on the whole society, and what are 
the principal advantages and inconveniencies of each of those methods ; and, thirdly and 
lastly, what are the reasons and causes which have induced almost all modern 
governments to mortgage some part of this revenue, or to contract debts; and what have 
been the effects of those debts upon the real wealth, the annual produce of the land and 
labour of the society. 
 
BOOK I. 
OF THE CAUSES OF IMPROVEMENT IN THE PRODUCTIVE POWERS OF 
LABOUR, AND OF THE ORDER ACCORDING TO WHICH ITS PRODUCE IS 
NATURALLY DISTRlBUTED AMONG THE DIFFERENT RANKS OF THE 
PEOPLE. 
 
CHAPTER I 
. 
OF THE DIVISlON OF LABOUR. 
The greatest improvements in the productive powers of labour, and the greater part of the 
skill, dexterity, and judgment, with which it is anywhere directed, or applied, seem to 
have been the effects of the division of labour. The effects of the division of labour, in the 
general business of society, will be more easily understood, by considering in what 
manner it operates in some particular manufactures. It is commonly supposed to be 
carried furthest in some very trifling ones ; not perhaps that it really is carried further in 
them than in others of more importance: but in those trifling manufactures which are 
destined to supply the small wants of but a small number of people, the whole number of 
workmen must necessarily be small ; and those employed in every different branch of the 
work can often be collected into the same workhouse, and placed at once under the view 
of the spectator. 
In those great manufactures, on the contrary. which are destined to supply the great wants 
of the great body of the people, every different branch of the work employs so great a 
number of workmen, that it is impossible to collect them all into the same workhouse. 
We can seldom see more, at one time, than those employed in one single branch. Though 
in such manufactures, therefore, the work may really be divided into a much greater 
number of parts, than in those of a more trifling nature, the division is not near so obvious, 
and has accordingly been much less observed. 
To take an example, therefore, from a very trifling manufacture, but one in which the 
division of labour has been very often taken notice of, the trade of a pin-maker: a 
workman not educated to this business (which the division of labour has rendered a 
distinct trade, nor acquainted with the use of the machinery employed in it (to the 
invention of which the same division of labour has probably given occasion), could
scarce, perhaps, with his utmost industry, make one pin in a day, and certainly could not 
make twenty. But in the way in which this business is now carried on, not only the whole 
work is a peculiar trade, but it is divided into a number of branches, of which the greater 
part are likewise peculiar trades. One man draws out the wire; another straights it; a third 
cuts it; a fourth points it; a fifth grinds it at the top for receiving the head; to make the 
head requires two or three distinct operations ; to put it on is a peculiar business; to 
whiten the pins is another ; it is even a trade by itself to put them into the paper ; and the 
important business of making a pin is, in this manner, divided into about eighteen distinct 
operations, which, in some manufactories, are all performed by distinct hands, though in 
others the same man will sometimes perform two or three of them. I have seen a small 
manufactory of this kind, where ten men only were employed, and where some of them 
consequently performed two or three distinct operations. But though they were very poor, 
and therefore but indifferently accommodated with the necessary machinery, they could, 
when they exerted themselves, make among them about twelve pounds of pins in a day. 
There are in a pound upwards of four thousand pins of a middling size. Those ten persons, 
therefore, could make among them upwards    
    
		
	
	
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