Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
250 Especially important in chemical factories. The expense of greasing
on the Rhenish railways fell, through premiums offered as rewards
for saving, from 27,000 thalers to 5,000, in spite of an increase in
the amount of traffic. (_v. Mangoldt_, Volkswirthschaftslehre, 349.)
This was, besides, the most effectual way of controlling the theft
of material.
251 In the cachelot fishery, the captain receives one-sixteenth, the
master, one twenty-fifth, the second master, one thirty-fifth, the
boatswain, one-sixtieth, each sailor, one eighty-fifth of the
profit. (_Humboldt_, N. Espagne, IV, 10.) This system is very common
in North America. See _Carey_ in _J. S. Mill’s_ Principles, V, ch.
9, 7. In heathen Iceland, mariners were always paid a certain quota
of the profits. _Leo_, in _Raumer’s_ historischem Taschenbuch, 1835,
524. The same was often the case in China. _McCulloch_, Comm.
Diction. v. Canton. In England, its employment was rendered very
difficult by the laws of partnership, which made each individual,
except in great chartered societies, responsible for all kinds of
debts contracted by the rest of the firm. _J. S. Mill_, B. IV, ch.
7, 5.
252 The house painter Leclaire, in Paris, obtained very high results in
this respect. _Leclaire_, Répartition des Bénéfices du Travail,
1842. He retained for his own services as contractor the sum of
6,000 francs, and paid each workman the salary he had hitherto
received. What remained was, at the end of the year, equally divided
among all. _Leclaire_ assures us that he was always satisfied with
the system. The paying of a proportion of the general profits to
laborers is advisable only in case their ability of surveying the
whole is not much inferior to that of their employers. Where a
special proportion is paid, in special branches of business, it is
sufficient if their supervision extends over that particular branch.
But a sharing in the profits of business always supposes a
corresponding supervision of the business itself, and also the
keeping of accounts.
253 A very good remedy against indigence among the lower classes.
(_Umpfenbach_, National Œkonomie, 1867, 214.) But whether it will
ever be possible to make the remuneration of the navvy or that of a
type-setter depend on the final success of his work, _qnœre_.
_ 254 Tournefort_, speaking of the fatalism of the Turks, says that they
always and everywhere leave the world as they found it. According to
their own proverb, no grass grows again where the Osman has set
foot.
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