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themselves for consideration in the matter。



    The first  How far the rate of wages may be so regulated as



not to vary with the demand for labour。



    The second  How far it is possible that bodies of workmen



may be engaged and maintained at such fixed rate of wages



(whatever the state of trade may be); without enlarging or



diminishing their number; so as to give them permanent interest



in the establishment with which they are connected; like that of



the domestic servants in an old family; or an esprit de corps;



like that of the soldiers in a crack regiment。



    The first question is; I say; how far it may be possible to



fix the rate of wages; irrespectively of the demand for labour。



    Perhaps one of the most curious facts in the history of human



error is the denial by the common political economist of the



possibility of thus regulating wages; while; for all the



important; and much of the unimportant; labour; on the earth;



wages are already so regulated。



    We do not sell our prime…ministership by Dutch auction; nor;



on the decease of a bishop; whatever may be the general



advantages of simony; do we (yet) offer his diocese to the



clergyman who will take the episcopacy at the lowest contract。 We



(with exquisite sagacity of political economy!) do indeed sell



commissions; but not openly; generalships: sick; we do not



inquire for a physician who takes less than a guinea; litigious;



we never think of reducing six…and…eight…pence to



four…and…sixpence; caught in a shower; we do not canvass the



cabmen; to find one who values his driving at less than sixpence



a mile。



    It is true that in all these cases there is; and in every



conceivable case there must be; ultimate reference to the



presumed difficulty of the work; or number of candidates for the



office。 If it were thought that the labour necessary to make a



good physician would be gone through by a sufficient number of



students with the prospect of only half…guinea fees; public



consent would soon withdraw the unnecessary half…guinea。 In this



ultimate sense; the price of labour is indeed always regulated by



the demand for it; but; so far as the practical and immediate



administration of the matter is regarded; the best labour always



has been; and is; as all labour ought to be; paid by an



invariable standard。



    〃What!〃 the reader perhaps answers amazedly: 〃pay good and



bad workmen alike?〃



    Certainly。 The difference between one prelate's sermons and



his successor's  or between one physician's opinion and



another's  is far greater; as respects the qualities of mind



involved; and far more important in result to you personally;



than the difference between good and bad laying of bricks (though



that is greater than most people suppose)。 Yet you pay with equal



fee; contentedly; the good and bad workmen upon your soul; and



the good and bad workmen upon your body; much more may you pay;



contentedly; with equal fees; the good and bad workmen upon your



house。



    〃Nay; but I choose my physician and (?) my clergyman; thus



indicating my sense of the quality of their work。〃 By all means;



also; choose your bricklayer; that is the proper reward of the



good workman; to be 〃chosen。〃 The natural and right system



respecting all labour is; that it should be paid at a fixed rate;



but the good workman employed; and the bad workman unemployed。



The false; unnatural; and destructive system is when the bad



workman is allowed to offer his work at half…price; and either



take the place of the good; or force him by his competition to



work for an inadequate sum。



    This equality of wages; then; being the first object toward



which we have to discover the directest available road; the



second is; as above stated; that of maintaining constant numbers



of workmen in employment; whatever may be the accidental demand



for the article they produce。



    I believe the sudden and extensive inequalities of demand;



which necessarily arise in the mercantile operations of an active



nation; constitute the only essential difficulty which has to be



overcome in a just organization of labour。 The subject opens into



too many branches to admit of being investigated in a paper of



this kind; but the following general facts bearing on it may be



noted。



    The wages which enable any workman to live are necessarily



higher; if his work is liable to intermission; than if it is



assured and continuous; and however severe the struggle for work



may become; the general law will always hold; that men must get



more daily pay if; on the average; they can only calculate on



work three days a week than they would require if they were sure



of work six days a week。 Supposing that a man cannot live on less



than a shilling a day; his seven shillings he must get; either



for three days' violent work; or six days' deliberate work。 The



tendency of all modern mercantile operations is to throw both



wages and trade into the form of a lottery; and to make the



workman's pay depend on intermittent exertion; and the



principal's profit on dexterously used chance。



    In what partial degree; I repeat; this may be necessary in



consequence of the activities of modern trade; I do not here



investigate; contenting myself with the fact; that in its



fatalest aspects it is assuredly unnecessary; and results merely



from love of gambling on the part of the masters; and from



ignorance and sensuality in the men。 The masters cannot bear to



let any opportunity of gain escape them; and frantically rush at



every gap and breach in the walls of Fortune; raging to be rich;



and affronting; with impatient covetousness; every risk of ruin;



while the men prefer three days of violent labour; and three days



of drunkenness; to six days of moderate work and wise rest。 There



is no way in which a principal; who really desires to help his



workmen; may do it more effectually than by checking these



disorderly habits both in himself and them; keeping his own



business operations on a scale which will enable him to pursue



them securely; not yielding to temptations of precarious gain;



and; at the same time; leading his workmen into regular habits of



labour and life; either by inducing them rather to take low wages



in the form of a fixed salary; than high wages; subject to the



chance of their being thrown out of work; or; if this be



impossible; by discouraging the system of violent exertion for



nominally high day wages; and leading the men to take lower pay



for more regular labour。



    In effecting any radical changes of this kind; doubtless



there would be great inconvenience and loss incurred by all the



originators of movement。 That which can be done with perfect



convenience and without loss; is not always the thing that most



needs to be done; or which we are most imperatively required to



do。



    I have already alluded to the difference hitherto existing



between regiments of men associated for purposes of violence; and



for purposes of manufacture; in that the former appear capable of



self…sacrifice  the latter; not; which singular fact is the



real reason of the general lowness of estimate in which the



profession of commerce is held; as compared with that of arms。



Philosophically; it does not; at first sight; appear reasonable



(many writers have endeavoured to prove it unreasonable) that a



peaceable and rational person; whose trade is buying and selling;



should be held in less honour than an unpeaceable and often



irrational person; whose 

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