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Updated: May 9, 2025
If they complain of the scarcity and dearness of corn, this is to give point to their protest against the King's servants taking it for the victualling of his army and the town of Calais.
But the dearness of labour leads to the adoption of improved methods of production, and especially to the invention of machinery, which gives back to the community what it has paid in increased wages a hundred or a thousand fold.
The reader will remember that the attempted regulation of prices began early and was short-lived, dating from the Assize of Bread and Beer in 1266, to the Statute of Victuals of 1362, hardly a century, and even these two precedents are not really such, for the first only fixed the price of bread and beer according to the cost of wheat or barley, just as to-day we might conceivably fix the price of bread at some reasonable relation to the price of flour in Minneapolis, and as it was fixed in ancient Greece by the wholesale price of wheat at Athens not as it now is, from three to four times the cost of bread in London, although made out of the same flour shipped there from Minneapolis; and the two latest statutes expressly say that they fix the price by reason of the great dearness of such articles on account of the Black Death or plague, and the consequent scarcity of labor.
In a declining or stationary country, one most important instrument of production is always cheap, namely, labour; but this cheapness of labour does not counterbalance the disadvantages arising from the dearness of capital; a bad system of culture; and, above all, a fall in the price of raw produce, greater than in the price of the other branches of expenditure, which, in addition to labour, are necessary to cultivation.
The inhabitants laid the blame of the dearness to the rapacity of the hucksters, and the subject being brought up in town meeting, a committee reported that the true remedy was to build a market, to appoint market days, and establish rules. The farmers opposed the scheme, as did also many of the citizens.
At eight o'clock in the morning he drank tea, read the newspapers, and recounted the news to the mother. He repeated the speeches of the merchants in the Douma without malice, and clearly depicted the life in the city. Listening to him the mother saw with transparent dearness the mechanism of this life pitilessly grinding the people in the millstones of money.
He came over to open the gate for Janet, smiling his dear smile. It was a dear smile Janet caught her breath over the dearness of it and she was going to blot it off his face. She spoke out, with plainness and directness. When you had to deal a mortal blow, why try to lighten it? "Avery sent me to tell you that she is going to marry Bruce Gordon instead of you.
With Leila playing in that art which had dowered her with fame, I was visioning the glory of such love as she and Standish Burton gave each other while I watched Dick, sensing rather than seeing the dearness of him as he gave to the mounting climaxes the tense interest he always tendered to Leila's music. I had known, before I came to love Dick Allport, other loves and other lovers.
The original intention was to have two large quadrangles ornamented by towers and cloisters, but only one eighth of this was ever completed one side only of the first quadrangle, "which," remarks Fuller, "made not of free stone, though of free timber, cost oh the dearness of church and college work! full three thousand pounds!"
But where there is abundance of cash, it follows that in all purchases a large proportion of it will be needed. Then in A, real dearness, which proceeds from a very active demand, is added to nominal dearness, the consequence of a superabundance of the precious metals. Scarcity of money implies that little is necessary for each purchase.
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