Essays: Scientific, Political, & Speculative; Vol. 3 of 3: Library Edition (1891), Containing Seven Essays not before Republished, and Various other Additions.Spencer, Herbert
Philosophy
Essays: Scientific, Political, & Speculative; Vol. 3 of 3: Library Edition (1891), Containing Seven Essays not before Republished, and Various other Additions.
Spencer, Herbert
Philosophy; Political science; Science
And we have been told by a manufacturer who was
required to make up tapes into lengths of fifteen yards, and label them
“warranted 18 yards,” that when he did not label them falsely, his
goods were sent back to him; and that the greatest concession he could
obtain was to be allowed to send them without labels.
It is not to be supposed that in their dealings with manufacturers,
these wholesale-houses adopt a code of morals differing much from
that which regulates their dealings with retailers. The facts prove
it to be much the {120} same. A buyer for instance (who exclusively
conducts the purchases of a wholesale-house from manufacturers) will
not unfrequently take from a first-class maker, a small supply of
some new fabric, on the pattern of which much time and money have
been spent; and this new-pattern fabric he will put into the hands
of another maker, to have copied in large quantities. Some buyers,
again, give their orders orally, that they may have the opportunity of
afterwards repudiating them if they wish; and in a case narrated to us,
where a manufacturer who had been thus deluded, wished on a subsequent
occasion to guarantee himself by obtaining the buyer’s signature to his
order, he was refused it. For other unjust acts of wholesale-houses,
the heads of these establishments are, we presume, responsible. Small
manufacturers working with insufficient capital, and in times of
depression not having the wherewith to meet their engagements, are
often obliged to become dependants on the wholesale-houses with which
they deal; and are then cruelly taken advantage of. One who has thus
committed himself, has either to sell his accumulated stock at a
great sacrifice—thirty to forty per cent. below its value—or else to
mortgage it; and when the wholesale-house becomes the mortgagee, the
manufacturer has little chance of escape. He is obliged to work at the
wholesale-dealer’s terms; and ruin almost certainly follows. This is
especially the case in the silk-hosiery business. As was said to us by
one of the larger silk-hosiers, who had watched the destruction of many
of his smaller brethren—“They may be spared for a time as a cat spares
a mouse; but they are sure to be eaten up in the end.” And we can the
more readily credit this statement from having found that a like policy
is pursued by some provincial curriers in their dealings with small
shoe-makers; and also by hop-merchants and maltsters in their dealings
with small publicans. We read that in Hindostan the ryots, when crops
fall short, borrow from the Jews to buy seed; and {121} once in their
clutches are doomed. It seems that our commercial world can furnish
parallels.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account