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Babbage, Charles, 1792-1871

"On the Economy of Machinery and Manufactures"

Upon such quantities, sold by the
retail dealer, a large profit is generally made; and if the
article is one whose quality, like that of tea, is not readily
estimated, then a great additional gain is made by the retail
dealer selling an inferior article.
Where the number of workmen living on the same spot is large,
it may be thought desirable that they should unite together and
have an agent, to purchase by wholesale those articles which are
most in demand, as tea, suger, bacon, etc., and to retail them at
prices, which will just repay the wholesale cost, together with
the expense of the agent who conducts their sale. If this be
managed wholly by a committee of workmen, aided perhaps by advice
from the master, and if the agent is paid in such a manner as to
have himself an interest in procuring good and reasonable
articles, it may be a benefit to the workmen: and if the plan
succeed in reducing the cost of articles of necessity to the men,
it is clearly the interest of the master to encourage it. The
master may indeed be enabled to afford them facilities in making
their wholesale purchases; but he ought never to have the least
interest in, or any connection with, the profit made by the
articles sold.


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