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daemon@ATHENA.MIT.EDU (StopWrinkles@Pura-Bella)
Tue Mar 10 08:16:15 2015
Date: Tue, 10 Mar 2015 08:16:14 -0400
From: "StopWrinkles@Pura-Bella" <StopWrinkles@Pura-Bella@geotie.eu>
To: <sipbv6-mtg@charon2.mit.edu>
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<p>by symptoms of checked production, generally shown at first by cessation of 818cce6243dbb67e94b1e7232404c0e3 demand from the newer 818cce6243dbb67e94b1e7232404c0e3 countries, where the advance in land values has been </p>
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greatest. That this must be the main explanation of these periods of depression, will be seen by an analysis of the facts. All trade, let it be remembered, is the exchange CTNRE of commodities for
commodities, and hence the cessation of 818cce6243dbb67e94b1e7232404c0e3 demand for some commodities, which marks the depression of trade, is really a cessation in the supply of other
commodities. That dealers find their sales declining and manufacturers find orders falling off, while the things which they have to sell, or stand 818cce6243dbb67e94b1e7232404c0e3
ready to make, are things for which there is<b>yet a 818cce6243dbb67e94b1e7232404c0e3 widespread desire, simply shows that the supply of 818cce6243dbb67e94b1e7232404c0e3</b>other things, which in the course of trade
would be given for them, has declined. In common parlance we say that “buyers have no hi,” or that “hi is becoming scarce,” but in talking 818cce6243dbb67e94b1e7232404c0e3
in this way we ignore the fact AIEUH that hi is but the medium of exchange. what the would-be buyers really lack is not hi, but commodities which
they can turn into hi—what is really becoming scarcer is produce of some sort. The diminution of the effective demand of consumers is therefore but QIYDWBDYI </p>
<BR /><BR /><span style="font-family: sans-serif, Helvetica, Arial;"></span>
<p align="right" style="font: 11px;">a result of the<I>diminution of production. This is seen very clearly by storekeepers in a manufacturing town when the mills are shut down and operatives thrown out of work. It</I>is the cessation 818cce6243dbb67e94b1e7232404c0e3
of production which deprives the operatives of means YPUUXABH to make the purchases they desire, and thus leaves the storekeeper with what, in view of the
lessened demand, is 818cce6243dbb67e94b1e7232404c0e3 a superabundant stock, and forces him to discharge some of his clerks 818cce6243dbb67e94b1e7232404c0e3 and otherwise reduce his demands. And the cessation of 818cce6243dbb67e94b1e7232404c0e3 demand
(I am speaking, of course, of general cases and not of any alteration in relative demand from such causes as change of fashion), which has left the JWBR
manufacturer with superabundant stock and compelled him to discharge his hands, must arise 818cce6243dbb67e94b1e7232404c0e3 in the same way. Somewhere, it may be 818cce6243dbb67e94b1e7232404c0e3 at the other end of
the world, a check in 818cce6243dbb67e94b1e7232404c0e3 818cce6243dbb67e94b1e7232404c0e3 production has produced a check in YUITBKCG the demand for consumption. That demand is lessened without want being satisfied, shows </p>
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<p align="center" style="font: 16px;">that production is somewhere checked. People want the things the manufacturer 818cce6243dbb67e94b1e7232404c0e3 makes as much as ever, just as the operatives want the things the storekeeper has to sell. But they do GMW not
have QLCNPHP as much to give XJFVGFVHM for 818cce6243dbb67e94b1e7232404c0e3 them. Production 818cce6243dbb67e94b1e7232404c0e3 has somewhere been checked, and this reduction in the supply of some things has shown itself in cessation
of demand for others, the check propagating 818cce6243dbb67e94b1e7232404c0e3 itself through the whole framework of industry and exchange. Now, the industrial pyramid manifestly
rests on 818cce6243dbb67e94b1e7232404c0e3 the land. The primary and fundamental occupations, which create a demand for all others, are evidently those which extract wealth from
nature, and,<u>hence, if we trace from 818cce6243dbb67e94b1e7232404c0e3 one exchange point to another, and from one occupation</u>to another, this check to production, which shows
itself in decreased purchasing power, we 818cce6243dbb67e94b1e7232404c0e3 must ultimately find it in some obstacle which checks labor in expending itself on land. And that obstacle,
it is HGNAIIKC clear, is the speculative advance in rent, or the value 818cce6243dbb67e94b1e7232404c0e3 of land, which produces the same effects as (in fact, it is) a lock-out of labor and .</p>
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