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He might be mad. Dogdays. Uncertain in his movements. Good fellow! Fido! Good fellow! Garryowen! Give and have done with it. Provided nobody. But then I have it in my left hand. Calls for more effort. Why? Smaller from want of use. O, let it slide. Two and six. The mastiff mauls the bundle clumsily and gluts himself with growling greed, crunching the bones.
The influence of weather on plant-life is, of course, enormous. In one year the fruit-crop in a given neighbourhood is a failure: in another year it gluts the market. One explanation of this fact, which has its exact analogies in human life, will be given in the next paragraph. All forms of life are exposed to the attacks of enemies of various kinds.
Moreover, our widely extended operations, our connection and oneness with the great social movement of the Army in various lands, and the regulations which will control the movement, will enable us invariably to convey our colonists to fields where their labours will be of the greatest value, and instantly to check any tendency to excess of labour at any given centre, and even at times to greatly relieve temporary gluts in the labor market arising from unforeseen circumstances.
The Ricardians insist upon the vital importance of 'capital. The one economic end of the statesmen, as the capitalist class naturally thinks, should be to give every facility for its accumulation, and consequently for allowing it to distribute itself in the most efficient way. Chalmers, on the contrary, argues that we may easily have too much capital. He was a firm believer in gluts.
This is the game on which Englishmen lavish wild hopes, keen attention, and good money this is the sport of kings which gluts the pockets of greedy knaves!
Visitors to-day will have no easy task in locating Lowell's "little pea-green inn," in which he indited the lines, "A Day in Chartres;" as appreciative and graceful an estimate of an inanimate thing as ever was made in verse: "The Grecian gluts me with its perfectness Unanswerable as Euclid, self-contained, The one thing finished in this hasty world.
Undoubtedly the doctrine of gluts was absurd. There is, of course, no limit to the amount of wealth which can be used or exchanged.
Economics had denied a request from the Mining Cartel to authorize operations on a couple of uninhabited planets; danger of local market gluts and overstimulation of manufacturing. Permission granted to Robotics Cartel to Request from planetary government of Durendal for increase of cereal export quotas under consideration they wouldn't want to turn that down while King Ranulf was here.
The arguments for the old 'mercantile theory' for 'protection' of industry, for the poor-law, for resisting the introduction of machinery, the fear of 'gluts' and all manner of doctrines about the currency were really exposed by the economists upon the right grounds.
They confess themselves powerless against competition powerless against the very devil that is destroying us, faster and faster every year! They can't help us on a single point. They can't check population; and if they could, they can't get rid of the population which exists. They daren't give us a comprehensive emigration scheme. They daren't lift a finger to prevent gluts in the labour market.
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