Millions from Waste — John Stuart Mill — John Shaqi
Millions from Waste
John Stuart Mill · en
The establishment of a market price for all and every description
of waste would act as the direct incentive to preserve anything and
everything for further possible use. This was proved very conclusively
during the war, when bones and paper were in such urgent request, the
one for the reclamation of the fat, and the other for re-pulping. Under
normal conditions both wastes had received indifferent consideration,
and immense quantities of the two materials suffered complete useless
destruction by fire. The premium placed upon the price of bones was
only ½d., or 1 cent, a pound, the butcher being regarded as the
collecting medium. That is to say the bones would be paid for at the
above rate upon surrender to the butcher. The reward was not high, but
it proved to be sufficient to induce people to husband their bones
and to dispose of them in the recognized market. It was the same
with paper. The average housewife devoted but little attention to
the harvesting of this waste until she learned that the authorities
were ready to pay 1d.--2 cents--at least per pound therefor through
its accredited agents. Instantly she commenced to display thrift, and
was somewhat surprised by the money which could be picked up in this
manner. Yet it is safe to assert that had no financial value been
placed upon these wastes barely 50 per cent. of what was actually
secured would have been forthcoming.
Unfortunately there is a large class of waste exploiters which is
disposed to trade upon the ignorance or indifference of the community.
In the knowledge that the average house, office and factory has no
conception of the value of its refuse, or is ready to part with it
for nothing because it is regarded as a nuisance, the waste merchant
is disposed to become discriminatory and autocratic. He is perfectly
ready to acquire what he knows full well possesses a distinct value so
long as he can get it for nothing. The moment the owner sets a value
upon the flotsam and jetsam the waste merchant will have nothing to do
with it. He assumes an indifferent if not a dictatorial and impossible
attitude to which the second party to the projected bargain takes
immediate exception. The upshot is that sooner than part with the
material for nothing, and in the knowledge that the acquirer is certain
to sell out in turn at a profit, the material is withdrawn completely
from possible circulation, and so suffers irretrievable loss. To
barter is human, and this applies as forcibly to waste as to houses,
commodities and produce in general.