268. Long before a factory has reached this extent, it will
have been found necessary to establish an accountant's
department, with clerks to pay the workmen, and to see that they
arrive at their stated times; and this department must be in
communication with the agents who purchase the raw produce, and
with those who sell the manufactured article.
269. We have seen that the application of the division of
labour tends to produce cheaper articles; that it thus increases
the demand; and gradually, by the effect of competition, or by
the hope of increased gain, that it causes large capitals to be
embarked in extensive factories. Let us now examine the influence
of this accumulation of capital directed to one object. In the
first place, it enables the most important principle on which the
advantages of the division of labour depends to be carried almost
to its extreme limits: not merely is the precise amount of skill
purchased which is necessary for the execution of each process,
but throughout every stage--from that in which the raw material
is procured, to that by which the finished produce is conveyed
into the hands of the consumer--the same economy of skill
prevails.
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