1 Sept. 1801

Polit. Economy

A6

Method D

Features

I. Sponte Acta

Encrease Card[?]

4

{4}

29

{employ'd in the manufacture: twice the amount may be no exaggerated difference.

If then {to supersede /produce with/ the thousand hands out of the two thousand

employ'd in the manufacture} to produce by one thousand manufacturing hands the

quantity of work that before employ'd two thousand such hands is required the

constant employment of a hundred hands employ'd /engaged in different ways/ in

the production of the materials and workmanship of the machinery and these

hundred handicraft hands have double the wages of the manufacturing hands the

quantity of pecuniary capital employ'd not being encreased, the consequence is

that two hundred manufacturing hands must be put out of employ, and but one

hundred fresh hands brought into employ in the shape /capacity/ of handicraft

/mechanical/ hands.}

If the hands employ'd on the Machinery should be paid at a higher rate than the

hands employed in the Maffacture[?], his capital being the same after the

improvement as before the number of manufacturing hands would be still further

decreased on this account.

Conclusion /Hence it follows/ Encrease of wealth by saving of labour is not quite

so great as do by encrease of quantity of labour.

Opposition to machinery is well grounded, if no care be taken to produce

immediate employment for the discharged hands.

At first the temporary distress will outweigh the temporary enjoyment. But so

far as depends on encrease of wealth the encrease of enjoyment is perpetual.