FREE BOOKS

Author's List




PREV.   NEXT  
|<   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177  
178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   >>   >|  
on, and not being able in a society without commerce and manufactures to procure any thing else in exchange for it, thereby lose the advantage of their income. In such a society, one-tenth of the product being inconsumable, one-tenth of the labor goes unpaid--production costs more than it is worth. Now, change three hundred of our wheat-producers into artisans of all kinds: one hundred gardeners and wine-growers, sixty shoemakers and tailors, fifty carpenters and blacksmiths, eighty of various professions, and, that nothing may be lacking, seven school-masters, one mayor, one judge, and one priest; each industry furnishes the whole community with its special product. Now, the total production being one thousand, each laborer's consumption is one; namely, wheat, meat, and grain, 0.7; wine and vegetables, 0.1; shoes and clothing, 0.06; iron-work and furniture, 0.05; sundries, 0.08; instruction, 0.007; administration, 0.002; mass, 0.001, Total 1. But the community owes a revenue of ten per cent.; and it matters little whether the farmers alone pay it, or all the laborers are responsible for it,--the result is the same. The farmer raises the price of his products in proportion to his share of the debt; the other laborers follow his example. Then, after some fluctuations, equilibrium is established, and all pay nearly the same amount of the revenue. It would be a grave error to assume that in a nation none but farmers pay farm-rent--the whole nation pays it. I say, then, that by this tax of ten per cent. each laborer's consumption is reduced as follows: wheat, 0.63; wine and vegetables, 0.09; clothing and shoes, 0.054; furniture and iron-work, 0.045; other products, 0.072; schooling, 0.0063; administration, 0.0018; mass, 0.0009. Total 0.9. The laborer has produced 1; he consumes only 0.9. He loses, then, one-tenth of the price of his labor; his production still costs more than it is worth. On the other hand, the tenth received by the proprietors is no less a waste; for, being laborers themselves, they, like the others, possess in the nine-tenths of their product the wherewithal to live: they want for nothing. Why should they wish their proportion of bread, wine, meat, clothes, shelter, &c., to be doubled, if they can neither consume nor exchange them? Then farm-rent, with them as with the rest of the laborers, is a waste, and perishes in their hands. Extend the hypothesis, increase the number and variety of the
PREV.   NEXT  
|<   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177  
178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   >>   >|  



Top keywords:

laborers

 

production

 

product

 

laborer

 

revenue

 

community

 

consumption

 

furniture

 
administration
 
clothing

nation

 

products

 
exchange
 

society

 

proportion

 

farmers

 

vegetables

 
hundred
 

established

 
amount

reduced

 
assume
 

clothes

 

shelter

 

doubled

 

wherewithal

 

hypothesis

 

Extend

 

increase

 

number


variety
 

perishes

 
consume
 

tenths

 

produced

 

consumes

 

schooling

 

equilibrium

 

possess

 

received


proprietors

 

gardeners

 

growers

 

artisans

 

producers

 

shoemakers

 
tailors
 

professions

 

lacking

 

eighty