wealbk05

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    AN INQUIRY INTO THE NATURE AND CAUSES OF THE WEALTH OF NATIONSby Adam Smith1776BOOK FIVEOF THE REVENUE OF THE SOVEREIGN OR COMMONWEALTHCHAPTER IOf the Expenses of the Sovereign or CommonwealthPART 1Of the Expense of DefenceTHE first duty of the sovereign, that of protecting thesociety from the violence and invasion of other independentsocieties, can be performed only by means of a military force.But the expense both of preparing this military force in time of...