The Principles of Wealth Distribution

Cover The Principles of Wealth Distribution
The Principles of Wealth Distribution
Climenson Yelverton Charles Dawbarn
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A man judges his returns by value not volume. When these are increasing, he feels in a position to refuse an order that does not yield him what he thinks a fair profit. "Let someone else do the order; he is "not going to slave and take risk for nothing. " On the contrary, in a falling market, when he should be more careful, his returns are bad, and he is simply desperate. "All my expenses running on, and not doing a cent. " of business, simply can't let this order pass. " He does not ; he cuts ...his lowest, and finds his way into the Gazette.
In a few transactions a man may make an extra profit if he can buy in a falling market, and sell in a stationary one ; but if he holds stocks he will lose heavily on them, and if he buys to sell again, the benefit will not be great enough to compensate for the general badness of trade.
4th. When personal labour is an important element in his business he, in connuon with all other labourers, will profit by its becoming more generally valuable.
oth. His bad debts will be fewer.


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