[48337] in SIPB IPv6
Authentic- African Safaris
daemon@ATHENA.MIT.EDU (Luxury Safaris)
Fri Mar 6 21:09:14 2015
To: <sipbv6-mtg@charon2.mit.edu>
From: "Luxury Safaris" <LuxurySafaris@proceedera.eu>
Date: Fri, 6 Mar 2015 18:09:14 -0800
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<p>interest is lowest. That it does not VCDHLB depend reversely upon wages (or the hi of labor), lowering as wages rise, and increasing as wages fall, is </p>
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<p align="left">proved by the PWXF general fact that interest is high when and where wages are high, and low when and 818cce6243dbb67e94b1e7232404c0e3 where wages are low. Let us begin at the beginning. The nature and functions of capital have
already been sufficiently shown, but even at the risk of something like a digression, let us endeavor to ascertain the cause of interest before 818cce6243dbb67e94b1e7232404c0e3
considering its law. 818cce6243dbb67e94b1e7232404c0e3 For 818cce6243dbb67e94b1e7232404c0e3 in addition to aiding our inquiry by giving us a firmer and clearer grasp of the subject now in hand, it may lead YCN to </p>
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<p>conclusions whose practical importance will be hereafter apparent. What is the reason and justification of interest? Why should the borrower PWJU
hi back to the lender more than he received? these questions are worth answering, not merely from their speculative, but XYQGV from 818cce6243dbb67e94b1e7232404c0e3 818cce6243dbb67e94b1e7232404c0e3 their practical
importance. the hiling that interest is the robbery of industry is widespread<i>and growing, 818cce6243dbb67e94b1e7232404c0e3 and on both sides</i>of the Atlantic shows itself more
and more 818cce6243dbb67e94b1e7232404c0e3 in popular literature and in popular JNUUO<u>movements. The expounders of the current political economy YJNPFPSOD say that there 818cce6243dbb67e94b1e7232404c0e3 is no conflict between labor</u>
and capital, and oppose as injurious to labor, as well as to capital, all schemes for restricting THCTMCXB the RUM reward which capital obtains; yet in the same
works the doctrine is laid down that wages and interest bear to each other an inverse relation, and that interest will be low or high as wages are 818cce6243dbb67e94b1e7232404c0e3
high or low.* Clearly, then, if this doctrine is correct, the only OSLFBKOO objection that from the standpoint of the laborer can be logically made to
any scheme 818cce6243dbb67e94b1e7232404c0e3 for the reduction of interest is that it will not work, which is manifestly very weak ground while ideas of the omnipotence of legislatures
are yet so widespread; and though such an objection FMEHVTYD may lead to the abandonment of any one particular scheme, it will not prevent the search </p>
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<p>for another. Why should interest be? Interest, we are told, in all the standard works, is the reward of abstinence. But, manifestly, this does not sufficiently LRTRLBTHQ
account for it. abstinence is not an active, but a phiive quality; it is not a doing—it is simply a not doing. Abstinence in itself produces VGTPBGG
nothing. Why, then, should any part of what is produced be claimed for it? if i have a sum of hi which i lock up for a year, i have exercised as WRLXCDNK
much abstinence as though i had hied it. yet, RTTNP though in the latter case i will expect 818cce6243dbb67e94b1e7232404c0e3 it to be returned to me with an additional sum by way of
interest, in the former I will have but the same sum, and no SSBKO increase. But the abstinence SXQPHJNND 818cce6243dbb67e94b1e7232404c0e3 is the same. If EPJ it be said that in lending it I do the
borrower a service, it may be replied 818cce6243dbb67e94b1e7232404c0e3 that<B>he also does me a service 818cce6243dbb67e94b1e7232404c0e3 in keeping it safely—a service that under KODYMGE</B>some conditions may be very
valuable, CSV and for which i would willingly hi, rather than not have it; and a service which, as to some forms of capital, may be even more obvious than
as to hi. for there are many forms of 818cce6243dbb67e94b1e7232404c0e3 XOLNHGR 818cce6243dbb67e94b1e7232404c0e3 TUMTNC capital which will not keep, but must be constantly renewed; and 818cce6243dbb67e94b1e7232404c0e3 many which are onerous to maintain if one .</p>
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