On the Economy of Machinery and ManufacturesBabbage, Charles
ReligionComparative
On the Economy of Machinery and Manufactures
Babbage, Charles
Machinery; Manufactures
189. There are few things which the public are less able to
judge of than the quality of drugs; and when these are compounded
into medicines it is scarcely possible, even for medical men, to
decide whether pure or adulterated ingredients have been
employed. This circumstance, concurring with the present
injudicious mode of paying for medical assistance, has produced a
curious effect on the price of medicines. Apothecaries, instead
of being paid for their services and skill, are remunerated by
being allowed to place a high charge upon their medicines, which
are confessedly of very small pecuniary value. The effect of such
a system is an inducement to prescribe more medicine than is
necessary; and in fact, even with the present charges, the
apothecary, in ninety-nine cases out of a hundred, cannot be
fairly remunerated unless the patient either takes, or pays for,
more physic than he really requires. The apparent extravagance of
the charge of eighteen pence for a two-ounce phial(1*) of
medicine, is obvious to many who do not reflect on the fact that
a great part of the charge is, in reality, payment for the
exercise of professional skill. As the same charge is made by the
apothecary, whether he attends the patient or merely prepares the
prescription of a physician, the chemist and druggist soon
offered to furnish the same commodity at a greatly diminished
price. But the eighteen pence charged by the apothecary might
have been fairly divided into two parts, three pence for medicine
and bottle, and fifteen pence for attendance. The chemist,
therefore, who never attends his customers, if he charges only a
shilling for the same medicine, realizes a profit of 200 or 300
per cent upon its value. This enormous profit has called into
existence a multitude of competitors; and in this instance the
impossibility of verifying has, in a great measure, counteracted
the beneficial effects of competition. The general adulteration
of drugs, even at the extremely high price at which they are
retailed as medicine, enables those who are supposed to sell them
in an unadulterated state to make large profits, whilst the same
evil frequently disappoints the expectation, and defeats the
skill, of the most eminent physician.
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