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The home consumer is obliged to submit to this inconvenience, in order that the producer may import into the distant country some of his productions, upon more advantageous terms than he otherwise would have been allowed to do. The consumer, too, is obliged to pay whatever enhancement in the price of those very productions this forced exportation may occasion in the home market.
The industrial leader was his equal if not his superior. The organization of the corporation put the supreme power in the hands of the banker, who as the intermediary between investor and producer, held the purse strings. Capitalist against Capitalist The early American enterprisers the pioneers began a single-handed struggle with nature. Necessity forced them to coöperate.
As a beginning there should be created a Federal farm board consisting of able and experienced men empowered to advise producers' associations in establishing central agencies or stabilization corporations to handle surpluses, to seek wore economical means of merchandising, and to aid the producer in securing returns according to the a14 of his product.
"This tulip," continued the Prince, "will therefore bear the name of its producer, and figure in the catalogue under the title, Tulipa nigra Rosa Barlaensis, because of the name Van Baerle, which will henceforth be the name of this damsel."
We may, therefore, consider the capital of a producer as measured by the means which he has of possessing himself of the different essentials of production: namely, labour, and the various articles which labour requires as materials, or of which it avails itself as aids.
§ 6. Different Species of Middlemen. It may be well here to say something on the general position of the "middleman" in commerce. The popular notion that the "middleman" is a useless being, and that if he could be abolished all would go well, arises from a confusion of thought which deserves notice. This confusion springs from a failure to understand that the "middleman" is a part of a commercial System. He is not a mere intruder, a parasitic party, who forces his way between employer and worker, or between producer and consumer, and without conferring any service, extracts for himself a profit which involves a loss to the worker or the consumer, or to both. If we examine this notion, either by reference to facts, or from
They have always been compelled to calculate prosperity in terms of the producer rather than in terms of the consumer, because the incidence on the consumer is distributed over so many trivial items. Labor leaders have always preferred an increase of money wages to a decrease in prices.
"The little I do not know about the chicken business, after one week spent in pursuit of that knowledge through every weird magazine and state agricultural bulletin in the public library, even you could learn, Matthew Berry, with your lack of sympathy with the great American wealth producer, the humble female chicken known in farmer patois as a hen.
Payment in any of these will be sternly refused. Even now it is all the British farmers can do to live and for some it is more. Many of them are having to sell off their motors and pianos and to send their sons to college to work. At the same time, the German producer by depressing the mark further and further is able to work fourteen hours a day.
Whether, had her life not been devoted so entirely to others, she would have been a noticeable artistic producer it is hard to guess. But there is no doubt that she was born to hold a high place as a conversationalist, brilliant and stimulating.
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