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The Hamburg or German Merchants export from England broad-cloth, druggets, long-ells, serges, and several sorts of stuffs, tobacco, sugar, ginger, East India goods, tin, lead, and several other commodities, the consumption of which is in Lower Germany. England takes from them prodigious quantities of linen, linen-yarn, kid-skins, tin-plates, and a great many other commodities.
And the employer of the weavers would require alike five per cent. both upon the advanced price of the linen-yarn, and upon the wages of the weavers. In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation of debt. The rise of profit operates like compound interest.
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