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# Post-Office Revenue

## Definition

The income generated by a sovereign through the operation of a postal system,
derived from fees charged for carrying letters and parcels, which can provide
both public service and profit to the state.

## Source Chapter

Book V, Chapter 2

## Context

Smith identifies the post-office as a mercantile project that has been
successfully managed by various governments, noting its advantages of requiring
moderate capital, having certain returns, and providing immediate payment.

## Economic Domain

General Theory

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