(159.) Perhaps the most important principle on which the economy of a manufacture depends, is the division of labour amongst the persons who perform the work. The first application of this principle must have been made in a very early stage of society; for it must soon have been apparent, that more comforts and conveniences could be acquired by one man restricting his occupation to the art of making bows, another to that of building houses, a third boats, and so on. This division of labour into trades was not, however, the result of an opinion that the general riches of the community would be increased by such an arrangement; but it must have arisen from the circumstance of each individual so employed discovering that he himself could thus make a greater profit of his labour than by pursuing more varied occupations. Society must have made considerable advances before this principle could have been carried into the workshop; for it is only in countries which have attained a high degree of civilization, and in articles in which there is a great competition amongst the producers, that the most perfect system of the division of labour is to be observed. The principles on which the advantages of this system depend, have been much the subject of discussion amongst writers on Political Economy; but the relative importance of their influence does not appear, in all cases, to have been estimated with sufficient precision. It is my intention, in the first instance, to state shortly those principles, and then to point out what appears to me to have been omitted by those who have previously treated the subject.