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may be charitable to provide; for some people; lighter dinner;



and more work; for others; it may be equally expedient to provide



lighter work; and more dinner。 







14。 Book I。 chap。 iv。 s。 1。 To save space; my future references



to Mr Mill's work will be by numerals only; as in this instance;



I。 iv。 I。 Ed。 in 2 vols。 8vo。 Parker; 1848。







15。 If Mr Mill had wished to show the difference in result



between consumption and sale; he should have represented the



hardware merchant as consuming his own goods instead of selling



them; similarly; the silver merchant as consuming his own goods



instead of welling them。 Had he done this; he would have made his



position clearer; though less tenable; and perhaps this was the



position he really intended to take; tacitly involving his



theory; elsewhere stated; and shown in the sequel of this paper



to be false; that demand for commodities is not demand for



labour。 But by the most diligent scrutiny of the paragraph now



under examination; I cannot determine whether it is a fallacy



pure and simple; or the half of one fallacy supported by the



whole of a greater one; so that I treat it here on the kinder



assumption that it is one fallacy only。 







16。 I take Mr Helps' estimate in his essay on War。







17。 Also when the wrought silver vases of Spain were dashed to



fragments by our custom…house officers; because bullion might be



imported free of duty; but not brains; was the axe that broke



them productive?  the artist who wrought them unproductive? Or



again。 If the woodman's axe is productive; is the executioner's?



as also; if the hemp of a cable be productive; does not the



productiveness of hemp in a halter depend on its moral more than



on its material application? 







18。 Filigree: that is to say; generally; ornament dependent on



complexity; not on art。 







19。 These statements sound crude in their brevity; but will be



found of the utmost importance when they are developed。 Thus; in



the above instance; economists have never perceived that



disposition to buy is a wholly moral element in demand: that is



to say; when you give a man half…a…crown; it depends on his



disposition whether he is rich or poor with it  whether he will



buy disease; ruin; and hatred; or buy health; advancement; and



domestic love。 And thus the agreeableness or exchange value of



every offered commodity depends on production; not merely of the



commodity; but of buyers of it; therefore on the education of



buyers; and on all the moral elements by which their disposition



to buy this; or that; is formed。 I will illustrate and expand



into final consequences every one of these definitions in its



place: at present they can only be given with extremest brevity;



for in order to put the subject at once in a connected form



before the reader; I have thrown into one; the opening



definitions of four chapters; namely; of that on Value (〃Ad



Valorem〃); on Price (〃Thirty Pieces〃); on Production (〃Demeter〃);



and on Economy (〃The Law of the House〃)。 







20。 Perhaps it may be said; in farther support of Mr Ricardo;



that he meant; 〃when the utility is constant or given; the price



varies as the quantity of labour。〃 If he meant this; he should



have said it; but; had he meant it; he could have hardly missed



the necessary result; that utility would be one measure of price



(which he expressly denies it to be); and that; to prove



saleableness; he had to prove a given quantity of utility; as



well as a given quantity of labour: to wit; in his own instance;



that the deer and fish would each feed the same number of men;



for the same number of days; with equal pleasure to their



palates。 The fact is; he did not know what he meant himself。 The



general idea which he had derived from commercial experience;



without being able to analyze it; was; that when the demand is



constant; the price varies as the quantity of labour required for



production; or;  using the formula I gave in last paper  when



y is constant; x y varies as x。 But demand never is; nor can be;



ultimately constant; if x varies distinctly; for; as price rises;



consumers fall away; and as soon as there is a monopoly (and all



scarcity is a form of monopoly; so that every commodity is



affected occasionally by some colour of monopoly); y becomes the



most influential condition of the price。 Thus the price of a



painting depends less on its merits than on the interest taken in



it by the public; the price of singing less on the labour of the



singer than the number of persons who desire to hear him; and the



price of gold less on the scarcity which affects it in common



with cerium or iridium; than on the sunlight colour and



unalterable purity by which it attracts the admiration and



answers the trust of mankind。 



    It must be kept in mind; however; that I use the word



〃demand〃 in a somewhat different sense from economists usually。



They mean by it 〃the quantity of a thing sold。〃 I mean by it 〃the



force of the buyer's capable intention to buy。〃 In good English;



a person's 〃demand〃 signifies; not what he gets; but what he asks



for。



    Economists also do not notice that objects are not valued by



absolute bulk or weight; but by such bulk and weight as is



necessary to bring them into use。 They say; for instance; that



water bears no price in the market。 It is true that a cupful does



not; but a lake does; just as a handful of dust does not; but an



acre does。 And were it possible to make even the possession of



the cupful or handful permanent; (i。e。 to find a place for them;)



the earth and sea would be bought up for handfuls and cupfuls。







21。 Compare George Herbert; The Church Porch; Staza 28。







22。 〃O Zeus dipou penetai〃  Arist。 Plut。 582。 It would but



weaken the grad words to lean on the preceding ones:  〃Oti tou



Platon parecho Beltionas; andpas; kai tin gnomen; kai ten idean。〃







23。 Zech。 v。 ii。







24。 Labour which is entirely good of its kind; that is to say;



effective; or efficient; the Greeks called 〃weighable;〃 or axios;



translated usually 〃worthy;〃 and because thus substantial and



true; they called its price time; the 〃honourable estimate〃 of it



(honorarium): this word being founded on their conception of true



labour as a divine thing; to be honoured with the kind of honour



given to the gods; whereas the price of false labour; or of that



which led away from life; was to be; not honour; but vengeance;



for which they reserved another word; attributing the exaction of



such price to a peculiar goddess; called Tisiphone; the 〃requiter

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