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Abolish the master-manufacturers, but leave the landlord his land, the banker his money, the merchant his Exchange; maintain the swarm of idlers who live on the toil of the workmen, the thousand and one middlemen, the State with its numberless officials, and industry would come to a standstill.
"I have heard of those middlemen: they were dreadful tyrants and thieves, weren't they?" said Lavender. Ingram kicked his foot under the table. "I mean, that was the popular impression of them a vulgar error, I presume," continued the young man in the coolest manner. "And so you have got rid of them? Well, I dare say many of them were honest men, and suffered very unjustly in common report."
The influence of this system was not always satisfactory. The Middlemen or Dealers, who stood between the artist and the final possessor of the works, were not generous. They higgled about prices, and the sums which they gave were almost infinitesimal compared with the value of Patrick Nasmyth's pictures at the present time.
The globe was a more open, competitive and, in certain respects, efficient place at the beginning of the 20th century than it is now. Capital flowed more freely and so did labour. Foreign Direct Investment was bigger. The more adherence to market, price driven, open auction based, meritocratic mechanisms the less middlemen, speculators, bribers, monopolies, cartels and trusts.
The merchant fishermen at the falls acted as middlemen or factors, and passed the objects of traffic, as it were, cross-handed; trading away part of the wares received from the mountain tribes to those of the rivers and plains, and vice versa: their packages of pounded salmon entered largely into the system of barter, and being carried off in opposite directions, found their way to the savage hunting camps far in the interior, and to the casual white traders who touched upon the coast.
My dear sir, the Forsytes are the middlemen, the commercials, the pillars of society, the cornerstones of convention; everything that is admirable!" "I don't know whether I catch your drift," said Bosinney, "but I fancy there are plenty of Forsytes, as you call them, in my profession." "Certainly," replied young Jolyon.
For alongside of the rapid development of our wealth-producing powers we have an overwhelming increase in the ranks of the idlers and middlemen.
This absence of great proprietors in Ireland necessarily brings with it, or if not necessarily, has actually brought with it, the employment of the middlemen, which forms one other standing and regular Irish grievance.
From 1s. 3d. to 1s. 6d. a day can be made at this work. Furring employs large numbers of foreign males, and some thousands of both native and foreign females. It is almost entirely conducted in small workshops, under the conduct of middlemen, who receive the expensive furs from manufacturers, and hire "hands" to sew and work them up.
The incomes of the middle class, including individual employers, business and professional men, tradesmen and small middlemen, ranged from $1,000 to $10,000 a year. How immeasurably puny they all seemed beside Vanderbilt!
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