311. Now the first question to be settled is, what proportion
of the profit should be allowed for the use of capital, and what
for skill and labour? It does not seem possible to decide this
question by any abstract reasoning: if the capital supplied by
each partner is equal, all difficulty will be removed; if
otherwise, the proportion must be left to find its level, and
will be discovered by experience; and it is probable that it will
not fluctuate much. Let us suppose it to be agreed that the
capital of L800 shall receive the wages of one workman. At the
end of each week every workman is to receive one pound as wages,
and one pound is to be divided amongst the owners of the capital.
After a few weeks the returns will begin to come in; and they
will soon become nearly uniform. Accurate accounts should be kept
of every expense and of all the sales; and at the end of each
week the profit should be divided. A certain portion should be
laid aside as a reserved fund, another portion for repair of the
tools, and the remainder being divided into thirteen parts, one
of these parts would be divided amongst the capitalists and one
belong to each workman.
Pages:
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346