On the Economy of Machinery and ManufacturesBabbage, Charles
ReligionComparative
On the Economy of Machinery and Manufactures
Babbage, Charles
Machinery; Manufactures
7. Besides these various purposes to which the different
parts of the horn are applied, the clippings, which arise in comb
making, are sold to the farmer for manure. In the first year
after they are spread over the soil they have comparatively
little effect, but during the next four or five their efficiency
is considerable. The shavings which form the refuse of the
lantern maker, are of a much thinner texture: some of them are
cut into various figures and painted, and used as toys; for being
hygrometric, they curl up when placed on the palm of a warm hand.
But the greater part of these shavings also are sold for manure,
and from their extremely thin and divided form, the full effect
is produced upon the first crop.
271. Another event which has arisen, in one trade at least,
from the employment of large capital, is, that a class of
middlemen, formerly interposed between the maker and the
merchant, now no longer exist. When calico was woven in the
cottages of the workmen, there existed a class of persons who
travelled about and purchased the pieces so made, in large
numbers, for the purpose of selling them to the exporting
merchant. But the middlemen were obliged to examine every piece,
in order to know that it was perfect, and of full measure. The
greater number of the workmen, it is true, might be depended
upon, but the fraud of a few would render this examination
indispensable: for any single cottager, though detected by one
purchaser, might still hope that the fact would not become known
to all the rest.
The value of character, though great in all circumstances of
life, can never be so fully experienced by persons possessed of
small capital, as by those employing much larger sums: whilst
these larger sums of money for which the merchant deals, render
his character for punctuality more studied and known by others.
Thus it happens that high character supplies the place of an
additional portion of capital; and the merchant, in dealing with
the great manufacturer, is saved from the expense of
verification, by knowing that the loss, or even the impeachment,
of the manufacturer's character, would be attended with greater
injury to himself than any profit upon a single transaction could
compensate.
272. The amount of well-grounded confidence, which exists in
the character of its merchants and manufacturers, is one of the
many advantages that an old manufacturing country always
possesses over its rivals. To such an extent is this confidence
in character carried in England, that, at one of our largest
towns, sales and purchases on a very extensive scale are made
daily in the course of business without any of the parties ever
exchanging a written document.
273. A breach of confidence of this kind, which might have
been attended with very serious embarrassment, occurred in the
recent expedition to the mouth of the Niger.
Public-domain text, read in full here on John Shaqi.
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