commodities produced sink--again under the influence of the free mobilisation of labour; so that the members of the association individually profit as little by the employment of burdenless capital as they suffered before by the liquidation of their burden. Profit and loss are always distributed--still thanks to the mobilisation of labour--equally among all the workers of Freeland. Thus it is seen that, in consequence of this simple and infallibly operative arrangement, productive capital is, strictly speaking, as ownerless as the land; it belongs to everyone, and therefore to no one. The community of producers supplies it and employs it, and it does both in exact proportion to the amount of work contributed by each individual; and payment for the expenditure is made by the community of consumers--again by each one in exact proportion to the consumption of each individual. That an absolute and universally uniform level of profits should result from this absolutely free mobility of labour neither was expected, nor has it been attained. Often the inequality is not discovered until the balance-sheets are drawn up, and therefore cannot until then be removed by the ebb and flow of labour. But, besides this, there is an important and continuous difference of gains--a difference which it is impossible to equalise, and which has its intrinsic foundation in the difference in the amount of effort and inconvenience involved in engaging in the different branches of labour. Certainly it is not the same in Freeland as in other parts of the world, where only too often the burden of labour is in inverse ratio to its profitableness; with us difficult, burdensome, unpleasant kinds of labour must without exception obtain larger gains than the easier and more agreeable--so far as the latter do not demand special skill--otherwise everyone would at once forsake the former and apply themselves to the latter. Moreover, the premium allowed to the older members in section 3--which varies in different associations from one to three per cent. for each year, and therefore, in cases of long-continued labour, amounts to a very respectable sum, and is intended to attach the proved veteran of labour to the undertaking--prevents an absolute equalisation of gains even in associations of exactly similar constitution.