1. That reserved for immediate consumption.

2. That employed as capital, for the production of a revenue—book 2, chap. i.

Capital is also of two kinds:

1. Fixed capital, which produces a revenue and still remains in the same hands

2. Circulating capital, which yields no revenue unless it be employed in trade—book 2 chap. i.

The whole accumulated wealth of any community may be divided into three parts:

1. The fund appropriated to the immediate consumption of the proprietors of wealth.

2. The fixed capital of the community.

3. Its circulating capital.

The fixed capital of the society consists,