wealbk02-第22部分
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business of the parties concerned; and it may safely be trusted
to their discretion。 It can never hurt either the consumer or the
producer; on the contrary; it must tend to make the retailers
both sell cheaper and buy dearer than if the whole trade was
monopolized by one or two persons。 Some of them; perhaps; may
sometimes decoy a weak customer to buy what he has no occasion
for。 This evil; however; is of too little importance to deserve
the public attention; nor would it necessarily be prevented by
restricting their numbers。 It is not the multitude of ale…houses;
to give the most suspicious example; that occasions a general
disposition to drunkenness among the common people; but that
disposition arising from other causes necessarily gives
employment to a multitude of ale…houses。
The persons whose capitals are employed in any of those four
ways are themselves productive labourers。 Their labour; when
properly directed; fixes and realizes itself in the subject or
vendible commodity upon which it is bestowed; and generally adds
to its price the value at least of their own maintenance and
consumption。 The profits of the farmer; of the manufacturer; of
the merchant; and retailer; are all drawn from the price of the
goods which the two first produce; and the two last buy and sell。
Equal capitals; however; employed in each of those four different
ways; will immediately put into motion very different quantities
of productive labour; and augment; too; in very different
proportions the value of the annual produce of the land and
labour of the society to which they belong。
The capital of the retailer replaces; together with its
profits; that of the merchant of whom he purchases goods; and
thereby enables him to continue his business。 The retailer
himself is the only productive labourer whom it immediately
employs。 In his profits consists the whole value which its
employment adds to the annual produce of the land and labour of
the society。
The capital of the wholesale merchant replaces; together
with their profits; the capitals of the farmers and manufacturers
of whom he purchases the rude and manufactured produce which he
deals in; and thereby enables them to continue their respective
trades。 It is by this service chiefly that he contributes
indirectly to support the productive labour of the society; and
to increase the value of its annual produce。 His capital employs;
too; the sailors and carriers who transport his goods from one
place to another; and it augments the price of those goods by the
value; not only of his profits; but of their wages。 This is all
the productive labour which it immediately puts into motion; and
all the value which it immediately adds to the annual produce。
Its operation in both these respects is a good deal superior to
that of the capital of the retailer。
Part of the capital of the master manufacturer is employed
as a fixed capital in the instruments of his trade; and replaces;
together with its profits; that of some other artificer of whom
he purchases them。 Part of his circulating capital is employed in
purchasing materials; and replaces; with their profits; the
capitals of the farmers and miners of whom he purchases them。 But
a great part of it is always; either annually; or in a much
shorter period; distributed among the different workmen whom he
employs。 It augments the value of those materials by their wages;
and by their matters' profits upon the whole stock of wages;
materials; and instruments of trade employed in the business。 It
puts immediately into motion; therefore; a much greater quantity
of productive labour; and adds a much greater value to the annual
produce of the land and labour of the society than an equal
capital in the hands of any wholesale merchant。
No equal capital puts into motion a greater quantity of
productive labour than that of the farmer。 Not only his labouring
servants; but his labouring cattle; are productive labourers。 In
agriculture; too; nature labours along with man; and though her
labour costs no expense; its produce has its value; as well as
that of the most expensive workmen。 The most important operations
of agriculture seem intended not so much to increase; though they
do that too; as to direct the fertility of nature towards the
production of the plants most profitable to man。 A field
overgrown with briars and brambles may frequently produce as
great a quantity of vegetables as the best cultivated vineyard or
corn field。 Planting and tillage frequently regulate more than
they animate the active fertility of nature; and after all their
labour; a great part of the work always remains to be done by
her。 The labourers and labouring cattle; therefore; employed in
agriculture; not only occasion; like the workmen in manufactures;
the reproduction of a value equal to their own consumption; or to
the capital which employs them; together with its owners'
profits; but of a much greater value。 Over and above the capital
of the farmer and all its profits; they regularly occasion the
reproduction of the rent of the landlord。 This rent may be
considered as the produce of those powers of nature; the use of
which the landlord lends to the farmer。 It is greater or smaller
according to the supposed extent of those powers; or in other
words; according to the supposed natural or improved fertility of
the land。 It is the work of nature which remains after deducting
or compensating everything which can be regarded as the work of
man。 It is seldom less than a fourth; and frequently more than a
third of the whole produce。 No equal quantity of productive
labour employed in manufactures can ever occasion so great a
reproduction。 In them nature does nothing; man does all; and the
reproduction must always be in proportion to the strength of the
agents that occasion it。 The capital employed in agriculture;
therefore; not only puts into motion a greater quantity of
productive labour than any equal capital employed in
manufactures; but in proportion; too; to the quantity of
productive labour which it employs; it adds a much greater value
to the annual produce of the land and labour of the country; to
the real wealth and revenue of its inhabitants。 Of all the ways
in which a capital can be employed; it is by far the most
advantageous to the society。
The capitals employed in the agriculture and in the retail
trade of any society must always reside within that society。
Their employment is confined almost to a precise spot; to the
farm and to the shop of the retailer。 They must generally; too;
though there are some exceptions to this; belong to resident
members of the society。
The capital of a wholesale merchant; on the contrary; seems
to have no fixed or necessary residence anywhere; but may wander
about from place to place; according as it can either buy cheap
or sell dear。
The capital of the manufacturer must no doubt reside where
the manufacture is carried on; but where this shall be is not
always necessarily determined。 It may frequently be at a great
distance both from the place where the materials grow; and from
that where the complete manufacture is consumed。 Lyons is very
distant both from the places which afford the materials of its
manufactures; and from those which consume them。 The people of
fashion in Sicily are clothed in silks made in other countries;
from the materials which their own produces。 Part of the wool of
Spain is manufactured in Great Britain; and some part of that
cloth is afterwards sent back to Spain。
Whether the merchant whose capital exports the surplus
produce of any society be a native or a foreigner is of very
little importance。 If he is a foreigner; the number of their
productive labourers is necessarily less than if he had been a
native by one man only; and the value of their annual produce by
the profits of that one man。 The sailors or carriers whom he
employs may still belong indifferently either to his country or
to their country; or to some third country; in the same manner as
if he had been a native。 The capital of a foreigner gives a value
to their surplus produce equally with that of a native by
exchanging it for something for which there is a demand at home。
It as effectually replaces the capital of the person who produces
that surplus; and as effectually enables him to continue his
business; the service by which the capital of a wholesale
merchant chiefly contributes to support the productive labour;
and to augment the value of the annual produce of the society to
which he belongs。
It is of more consequence that the capital of the
manufacturer should reside within the country。 It necessarily
puts into motion a greater quantity of productive labour; and
adds a greater value to the annual produce of the land and labour
of the society。 It may; however; be very useful to the country;
though it should not reside within it。 The capitals of the
British manufacturers who work up the flax and hemp annually
imported from the coasts of the Baltic are surely very useful to
the countries which produce them。 Those materials are a part of
the surplus produce of those countries which; unless it was
annually exchanged for something which is in demand there; would
be of no value; and would soon cease to be produced。 The
merchants who export it replace the capitals of the people who
produce it; and thereby encourage them to continue the
production; and the British manufacturers replace the capitals of
those merchants。
A particular country; in the same manner as a particular
person; may frequently not have capital sufficient both to
improve and cultivate all its lands; to manufacture and prepare
their whole rude produce for immediate use and consumption; and
to transport the surplus part either of the rude or manufactured
produce to those distant markets where it can be exchanged for
something for which there is a demand at home。 The inhabitants of
many different parts of Great Britain have not capital sufficient
to