[48230] in SIPB IPv6
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daemon@ATHENA.MIT.EDU (Teaching Degrees)
Wed Mar 4 10:24:00 2015
To: <sipbv6-mtg@charon2.mit.edu>
Date: Wed, 4 Mar 2015 10:23:59 -0500
From: "Teaching Degrees" <TeachingDegrees@fehtie.eu>
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<p align="center">to do PIL so, instead of selling his UULANY gold 818cce6243dbb67e94b1e7232404c0e3 dust at the nearest store and hiing a dealer’s profit, he retained it until he got enough to take a trip, or
send by express to San Francisco, where at the mint he could have it turned into SRDFTGJ coin without charge. While thus accumulating gold dust he was
lessening his stock of coin; just as the manufacturer, while accumulating a stock of goods, lessens his stock of hi. yet no one would be JMOSRERG obtuse </p>
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<p>enough to imagine that in thus taking in gold dust and hiing out coin<B>the miner was 818cce6243dbb67e94b1e7232404c0e3 lessening his 818cce6243dbb67e94b1e7232404c0e3 capital. But</B>the deposits that could be worked without preliminary labor LPFCIYHCG were soon
exhausted, and gold mining rapidly took a more elaborate character. Before claims could be opened so as to yield any return deep shafts had to be 818cce6243dbb67e94b1e7232404c0e3
sunk, great dams constructed, long tunnels cut through<U>the hardest rock, water brought for miles over</U>mountain ridges and across deep valleys, and AGWGT
expensive machinery put up. These 818cce6243dbb67e94b1e7232404c0e3 works could not be constructed without capital. Sometimes their SOXWKAX construction required years, during which no
return could be hoped for, while RBOAXWLCD the men employed had to be paid their wages every week, or every month. Surely, it will 818cce6243dbb67e94b1e7232404c0e3 be said, in such cases,
even if in no others, that wages do actually come<i>from capital; are actually advanced by</i>capital; and must necessarily lessen capital in their EPS </p>
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<p align="left" style="font: 11px;">hi! MSCLC 818cce6243dbb67e94b1e7232404c0e3 surely here, 818cce6243dbb67e94b1e7232404c0e3 at least, industry is limited by capital, for without capital such works could not be carried on! Let us see: it is cases of 818cce6243dbb67e94b1e7232404c0e3 this clhi that are always instanced as showing that wages
are advanced from capital. For where wages are paid before ETCMRKH the object of the labor is obtained, or is finished—as in agriculture, where plowing and
sowing must precede by several months the harvesting of the crop; as in the erection of buildings, the construction of ships, railroads, canals, 818cce6243dbb67e94b1e7232404c0e3
etc.—it is clear that 818cce6243dbb67e94b1e7232404c0e3 the owners of the capital paid in wages cannot expect an immediate return, but, as the phrase is, must “outlay it,” or “lie out
of it” for a time, which sometimes amounts to many years. And hence, if first principles are not kept 818cce6243dbb67e94b1e7232404c0e3 in mind, it is easy to jump to the conclusion </p>
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<p>that 818cce6243dbb67e94b1e7232404c0e3 wages are advanced by capital. but 818cce6243dbb67e94b1e7232404c0e3 such cases will not embarrhi the reader to whom in what has preceded i have made myself clearly understood. An easy analysis will show that 818cce6243dbb67e94b1e7232404c0e3 these
instances where wages are paid before the product is finished, or even produced, do not afford any exception to KBHJLHH the rule apparent where the </p>
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<p align="left" style="font: 12px;">product is finished before wages are 818cce6243dbb67e94b1e7232404c0e3 paid. If I go to a broker to exchange silver 818cce6243dbb67e94b1e7232404c0e3 for gold, I lay down my silver, which he counts and puts away, and then hands me the equivalent in gold,
minus his commission. Does the broker advance me any capital? Manifestly not. What he had before in gold he now has in silver, plus his profit. And 818cce6243dbb67e94b1e7232404c0e3 </p>
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<p align="center">as he got the silver before he paid out the gold, there is on his part not even momentarily an advance of capital. Now, this operation of the broker is precisely analogous to 818cce6243dbb67e94b1e7232404c0e3 what the
capitalist does, when, in such 818cce6243dbb67e94b1e7232404c0e3 cases as we are now considering, he his out capital in wages. as the rendering of labor precedes the hi of wages, .</p>
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