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The whole annual produce of the land and labour of every country...naturally divides itself into three parts; the rent of the land, the wages of labour, and the profits of stock - Adam Smith
On this day:
Spanish Armada defeated - 1588, First International Title Fight - 1751, Opening Ceremony of 1948 Olympics - 1948, First Regular TV Weather Forecasts - 1949, Wedding of Charles and Diana - 1981
More dates from British history