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तेन पूर्वः पश्चिमश् च वणिक् पथो व्याख्यातः ॥
This explains the selection of trade-routes leading either to the east or to the west.
english translation
तत्र अपि चक्र पाद पथयोश् चक्र पथो विपुल आरम्भत्वात् श्रेयान्, देश काल सम्भावनो वा खर उष्ट्र पथः ॥
Of a cart-track and a foot-path, a cart-track is better as it affords facilities for preparations on a large scale. Routes that can be traversed by asses or camels, irrespective of countries and seasons are also good.
english translation
आभ्याम् अंस पथो व्याख्यातः ॥
This explains the selection of trade-routes traversed by men alone (amsa-patha, shoulder-path, i.e., a path traversed by men carrying merchandise on their shoulders).
english translation
पर कर्म उदयो नेतुः क्षयो वृद्धिर् विपर्यये ॥
It is a loss for the conqueror to undertake that kind of work which is productive of benefits to the enemy, while a work of reverse nature is a gain.
english translation
तुल्ये कर्म पथे स्थानं ज्ञेयं स्वं विजिगीषुणा ॥
When the benefits are equal, the conqueror has to consider that his condition is stagnant.
english translation