Besides, the farmer could not spend in wages more than his capital, and his capital, instead of increasing, was now constantly diminishing.

A great part of it was necessarily devoted to numerous buildings and utensils, indispensable to a person who determines to undertake every thing.

In short, the supply of labor continued the same, but the means of paying becoming less, there was, necessarily, a reduction of wages.
The result is precisely similar, when a nation isolates itself by the prohibitive system.

Its number of industrial pursuits is certainly multiplied, but their importance is diminished.

In proportion to their number, they become less productive, for the same capital and the same skill are obliged to meet a greater number of difficulties.