The Wealth of Nations by Part 1 Chapter 11 Page 284

to the extent of its territory which they commonly do in civilised countries, and that society was at that time, and in that country, but in its infancy.

From the high or low money price either of goods in general, or of corn in particular, we can infer only that the mines which at that time happened to supply the commercial world with gold and silver were fertile or barren, not that the country was rich or poor. But from the high or low money price of some sorts of goods in proportion to that of others, we can infer, with a degree of probability that approaches almost to certainty, that it was rich or poor, that the greater part of its lands were improved or unimproved, and that it was either in a more or less barbarous state, or in a more or less civilised one.

Any rise in the money