CHAPTER XII. 



CONSTANT WORK FOB ALL, WITH LIBERAL WAGES, 

 THE ONLY SOURCE OF A NATION'S PROSPERITY. 



BY constant work is not meant labor for the whole 

 of every day, but that every day there shall be 

 that amount of employment that will supply all the 

 requirements of society, and furnish the laborer with 

 liberal subsistence. Of the value of labor in the crea- 

 tion of wealth I quote high authority. 



" It was not by gold or by silver, but by labor, that all the 

 wealth of the world was originally purchased." 



" Though the manufacturer has his wages advanced to him 

 by his master, he, in reality, costs him no expense, the whole 

 value of those wages being generally restored, together with a 

 profit, in the improved value of the subject upon which his la- 

 bor is bestowed. But the maintenance of a menial servant never 

 is restored. A man grows rich by employing a multitude of 

 manufacturers; he grows poor by maintaining a multitude 

 of menial servants." Wealth of Nations. 



" Dr. Smith perceived that the universal agent in the creation 

 of wealth is labor ; which in every case produces it." M. GAR- 

 NIEB, in the Introduction to Edinburgh edition of 1817, Wealth of 

 Nations. 



The principle here so clearly laid down, of the truth 

 of which, in its fullest sense, there can not be a shadow 

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