The book The Meaning of Property was written by author Isaac Henry Lionberger Here you can read free online of The Meaning of Property book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Meaning of Property a good or bad book?
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To avoid this inconvenience, money was in- vented. But money does not avoid all the [49] COMPETITION inconveniences of trade. It may be hard to find a buyer for goods. The maker is as a rule too busy to undertake this task, and it is therefore entrusted to one who makes a business of trade. The merchant buys from the producer and sells to the consumer ; and as his service is useful to both, he is allowed what is called a profit for performing it. Not all merchants get rich, but some of them do.... Why! Is it not because those who render a better or greater service get more than the rest ? The man who buys corn in Massachusetts for sale in Kansas, will not do as well as he who buys corn in Kansas for sale in Massachu- setts. Merchandising is a science which requires ability, experience and resources. Of those who undertake it, few are what is called suc- cessful, and because many fail we are apt to assume that they are the victims of those who succeed. Usefulness of Competition Disregarding for a moment the welfare of the individual, what does the welfare of many men engaged in various occupations require?
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