There Is No Way Of Keeping Profits

The Exchangeable Value Of All Commodities Rises As The Difficulties Of Their Production Increase.

The Farmer And Manufacturer Can No More Live Without Profit Than The Labourer Without Wages.

But It Is Clear That The Price Of Labour Has No Necessary Connection With The Price Of Food, Since It Depends Entirely On The Supply Of Labourers Compared With The Demand.

In The Same Manner If Any Nation Wasted Part Of Its Wealth, Or Lost Part Of Its Trade, It Could Not Retain The Same Quantity Of Circulating Medium Which It Before Possessed.

It Has Therefore Been Justly Observed That However Honestly The Coin Of A Country May Conform To Its Standard, Money Made Of Gold And Silver Is Still Liable To Fluctuations In Value, Not Only To Accidental, And Temporary, But To Permanent And Natural Variations, In The Same Manner As Other Commodities.