Labour, like all other things which are purchased and sold... has its natural and its market price.

If English money was of the same value then as before, Hamburgh money must have risen in value. But where is the proof of this?

If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.

For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.

If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at least a portion of my capital from the most unproductive part of my farm.

There is no way of keeping profits up but by keeping wages down.