ON THE WEALTH OF A COMMUNITY, &c. 515 



This gives 



The whole capital employed is 



C(l+y) = C.l^ 





Also 



. ^ _ P l—q'\ 

 r ~ pi' l-g--"* ' 



and therefore, 



and D, = Cl^'{l-..£zi . j,,,^„,(j_,)^j (.^ _ |^;jj 



As before, the condition necessary that the community shaU gain by 

 the use of machinery is 



P>p,.^^:L.\i:l. 



i ^' q,-\\-q 



-d 



Id ' 



and since p' cannot be > p, the community cannot lose, unless q, he < q 

 or the capitalist also lose. 



From the result of the above investigation it would seem that we 

 are entitled to draw the following conclusions: 

 Vol. VI. Paet III. 3 jj 



