It should be mentioned here that, for the first year, the committee reserved to itself the right of deciding the amount and the order of granting the credit given. This, though merely negative, interference with the industrial relations of the associations was not in harmony with the principle of the producers' right of unconditioned self-control; but was so far unavoidable, inasmuch as our commonwealth had not yet actually attained to that high degree of productiveness of labour which is the assumed result of the perfect realisation of all the fundamental principles of that commonwealth. Later, when we were more fully furnished with the best means of production which technical progress placed within our reach, and we were consequently no longer occupied in provisionally completing and improving what already existed, there could never be any question whether the surplus of the current production would suffice to meet the heaviest fresh claims for capital that could arise. It was different at the beginning, when the need for capital was unlimited, and the means of supplying that need as yet undeveloped. The Free Commonwealth could not offer more than it could supply, and it had therefore to reserve to itself a right of selection from among the investments that applied for credit. Thanks to the thorough solidarity of interests created by the free mobility of labour, this could happen without even temporarily affecting the essential material interests of the producers by giving some a dangerous advantage over others. For if, as was scarcely to be avoided, certain productions were helped or hindered by the giving or withholding of credit, this was immediately and naturally followed by such a shifting of labour as at once restored the equilibrium of profits. But this interference during the first year extended only to the controlling of the amount and order of granting the credit asked, for, and not to the way in which it was used. In this respect, from the very beginning the principle of the producers' responsibility was carried out to the fullest extent. As it was necessary for the producers to be successful in order to repay the capital taken up, so it was their business to see that care was taken to make a profitable use of such capital. It is true that--as has been already stated--the consumers ultimately bear the cost of production; but they do this, of course, only when and in so far as the processes employed in production have been useful and necessary. If an association should procure unnecessary or defective machinery, it would be impossible for it to transfer to the purchasers of its commodities the losses thus occasioned; the association would not have increased, but diminished, its gains by such investments. It can therefore be left to the self-interest of those who are concerned in the associations to guard against such a waste of capital.