In some ranks of
society, no diminution of price can bring forward a great
additional number of customers; whilst, amongst other classes, a
very small reduction will so enlarge the sale, as to yield a
considerable increase of profit. Materials calculated to assist
in forming a table of the numbers of persons who possess incomes
of different amount, occur in the 14th Report of the
Commissioners of Revenue Inquiry, which includes a statement of
the amount of personal property proved at the legacy office
during one year; the number of the various classes of testators;
and an account of the number of persons receiving dividends from
funded property, distributed into classes. Such a table, formed
even approximately, and exhibited in the form of a curve, might
be of service.
164. A considerable difference exists between the terms
making and manufacturing. The former refers to the production of
a small, the latter to that of a very large number of
individuals; and the difference is well illustrated in the
evidence, given before the Committee of the House of Commons, on
the Export of Tools and Machinery.
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