The Wealth of Nations by Part 4 Chapter 3 Page 52

revenue to the inhabitants of both countries, would give more to those of France than to those of England. The whole French capital annually employed in it would annually be distributed among the people of France. But that part of the English capital only which was employed in producing the English commodities with which those foreign goods were purchased would be annually distributed among the people of England. The greater part of it would replace the capitals which had been employed in Virginia, Indostan, and China, and which had given revenue and maintenance to the of those distant countries.

If the capitals were equal, or nearly equal, therefore this employment of the French capital would augment much more the revenue of the people of France than that of the English capital would the revenue of the people of England.