This
contributes to diffuse information relative to the supply of raw
materials, and the state of demand for their produce, with which
it is necessary manufacturers should be well acquainted. The very
circumstance of collecting periodically, at one place, a large
number both of those who supply the market and of those who
require its produce, tends strongly to check the accidental
fluctuations to which a small market is always subject, as well
as to render the average of the prices much more uniform.
280. When capital has been invested in machinery, and in
buildings for its accommodation, and when the inhabitants of the
neighbourhood have acquired a knowledge of the modes of working
at the machines, reasons of considerable weight are required to
cause their removal. Such changes of position do however occur;
and they have been alluded to by the Committee on the Fluctuation
of Manufacturers' Employment, as one of the causes interfering
most materially with an uniform rate of wages: it is therefore of
particular importance to the workmen to be acquainted with the
real causes which have driven manufactures from their ancient
seats.
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