In the hypothesis, labor being in great demand in A, soon rises in
value; while labor, iron, coal, lands, food, capital, all being little
sought after in B, soon fall in price.
Again: A being always selling and B always buying, cash passes from B
to A. It is abundant in A, very scarce in B.
But where there is abundance of cash, it follows that in all purchases
a large proportion of it will be needed. Then in A, _real dearness_,
which proceeds from a very active demand, is added to _nominal
dearness_, the consequence of a superabundance of the precious metals.
Scarcity of money implies that little is necessary for each purchase.
Then in B, a _nominal cheapness_ is combined with _real cheapness_.
Under these circumstances, industry will have the strongest possible
motives for deserting A to establish itself in B.
Now, to return to what would be the true course of things. As the
progress of such events is always gradual, industry from its nature
being opposed to sudden transits, let us suppose that, without
waiting the extreme point, it will have gradually divided itself
between A and B, according to the laws of supply and demand; that is
to say, according to the laws of justice and usefulness.
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