Miscellaneous Works volume 1

Cover Miscellaneous Works volume 1
Miscellaneous Works volume 1
Carey, Henry Charles, 1793-1879
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The manufacturer, in like manner, stands between the producer and the consumer of cotton, and the larger the quantity of cotton to be converted compared with the machinery of conversion, the larger will be his charge for the use of his machinery. It might, therefore, be supposed that he would be injured by the adoption of measures tending to place the loom in the cotton-fields of the South, or on the coal-fields of the West, but the reverse is the fact. The more people make coarse cloth in the ...South and West, the more will there be to require fine cloth and silks from the East, and the greater the demand for labour in the one, the greater will be the requi- sitions made upon the other for the skill they have already acquired, with a constant increase of wages, and equally constant increase in the power of consuming food, cloth, and iron. The more they can make their exchanges at home, . With men whose labour is valuable, the larger will be the equiva- lent received for their own labour ; and the more rapid the increase in the value of that of others, the greater will be the value of their own.

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