Second Shetland Truck System ReportGuthrie, William
History
Second Shetland Truck System Report
Guthrie, William
Labor law -- Truck system -- History -- England; Shetland (Scotland) -- History
2545. Therefore there would be two profits?-Yes; there would be
two profits taken from the knitter, but not by me.
2546. But I am putting the case of the knitter, and in that case the
buyer of the hosiery might be a different person altogether?-That
is my meaning.
2547. The knitter would have to sell her hosiery at such a price
that the hosiery merchant would make a profit on his re-sale, while
she would have to buy the goods at such a price that the dealer
from whom she bought them would make something like the
present profit which you make upon them?-Yes. Suppose we
were to purchase for cash, and the cash system were introduced, in
all probability the drapers would be simply drapers, and not
hosiers at all; or they might withdraw their capital from the
drapery business and embark it in the hosiery business altogether.
2548. Then what you mean to make out is, that at present you are
making only one profit?-I do mean to make that out, for it is true;
and I am very thankful when I can get it.
2549. How do you prove that there is only one profit at present?-
By looking at the prices at which the goods are bought and sold.
2550. Let us take a single instance: you have put in a wholesale
trade list for 1870?-Yes; we have later ones, but that will be
sufficient for the purpose. There is no difference on them.
2551. Is that list issued at the beginning of the year?-I should like
that others proved that, and not me. You can get it from my
employees, or from my books, or from people who buy from me.
2552. In what way do you suggest that it should be shown? By this
wholesale trade list, and by taking a variety of instances from your
books in which prices have been paid for the articles that are
mentioned here?-Yes.
2553. How would that be shown in your books?-By entries to the
knitters whom we deal with.
2554. We could not find that by the entries in the work-book,
because they show it only in detail?-I am not speaking of the
work-book just now.
2555. It could only be shown by the sales?-Yes; and of course
that list has been prepared from the prices which we pay for the
goods.
2556. Do you mean the prices to dealers, or prices to people who
sell them over the counter to you?-I mean the prices that we pay
to the people for them, and which I pay over to them.
2557. But I think you said that when you buy the goods over the
counter, no record is kept of these prices?-No; but the people that
we buy them from would tell you the prices they get for them. In
some instances, where debts have been paid by means of these
goods, there may be entries in the books which will show the
prices.
Public-domain text, read in full here on John Shaqi.
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