Recent Economic Changes: And Their Effect on the Production and Distribution of Wealth and the Well-being of SocietyD. Appleton, 1889 - 493 páginas |
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aggregate agricultural American amount annual Australia Austria Austria-Hungary average price Belgium bounties bounty system Britain British bushels capital causes cereals changes cheaper civilization coal coinage commercial commodities compared competition consumers consumption continued cost cotton countries crease decline in prices demand depression distribution duction duties economic disturbances effect employment England estimated Europe excess exchange existing experience exports extent fact favor fifty foreign formerly France freight French Germany Gold and Silver greater greatly hours of labor imports improvement increase India industry influence iron and steel Italy land less London machinery mainly manufacture material ment metals nations natural operations over-production period phylloxera pig-iron population pounds present production profits quantity quarter quinine railroad railway recent reduction reported respect restrictions Robert Giffen Russia Silver Commission Sir Lowthian Bell statistics Suez Canal sugar supply tariff tion tons trade transportation United Kingdom wages wheat
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Página 60 - But in the way in which this business is now carried on, not only the whole work is a peculiar trade, but it is divided into a number of branches, of which the greater part are likewise peculiar trades. One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head...
Página 399 - This makes men wiser, but less happy. When men of sober age travel, they gather knowledge, which they may apply usefully for their country; but they are subject ever after to recollections mixed with regret ; their affections are weakened by being extended over more objects; and they learn new habits which cannot be gratified when they return home.
Página 59 - To take an example, therefore, from a very trifling manufacture, but one in which the division of labour has been very often taken notice of, the trade of the pin-maker; a workman not educated to this business (which the division of labour has rendered a distinct trade), nor acquainted with the use of the machinery employed in it (to the invention of which the same division of labour has probably given occasion), could scarce perhaps with his utmost industry make one pin in a day, and certainly could...
Página 207 - Never before in the history of the world have there been so many and such successful devices invented and adopted for economizing the use of money.
Página 60 - I have seen a small manufactory of this kind, where ten men only were employed, and where some of them consequently performed two or three distinct operations. But though they were very poor, and therefore but indifferently accommodated with the necessary machinery, they could,, when they exerted themselves, make among them about twelve pounds of pins in a day.
Página 492 - Growing in fullness and accuracy with the growth of experionce and observation in every region of the world, the work has incorporated with itself each established discovery, and has been modified by every hypothesis of value which has been brought to bear upon, or been evolved from, the most recent body of facts.
Página 492 - T^HE GREAT ICE AGE, and its Relation to the Antiquity •* of Man. By JAMES GEIKIE, FRSE, of HM Geological Survey of Scotland.