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?©d?©ric, 1801-1850

"Designed for the American Reader"

It was
necessary to look for it there--that is a _labor_: it was necessary to
transport it to market; that is another _labor_: and once more, the
price which you pay for it in the market is nothing else than the
remuneration for these labors of digging and transportation."
We see that thus far the protectionist has all the advantage on his
side; that the value of raw material, as well as that of manufactured
material, represents the expense of production, that is to say, of
_labor_; that it is impossible to conceive of a material possessed of
value while totally unindebted to human labor; that the distinction
which the raw-materialists make is wholly futile, in theory; that, as
a basis for an unequal division of _favors_, it would be iniquitous in
practice; because the result would be that one-third of the people,
engaged in manufactures, would obtain the sweets of monopoly, for the
reason that they produced _by labor_, while the other two-thirds,
that is to say the agriculturists, would be abandoned to competition,
under pretext that they produced without labor.


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