Note 329 — Chapter IV
Reading edition
See especially the articles on “Wages of Labour and Trade Societies” in the second, third, and fourth numbers (December 1850 to February 1851), in which he assumes that the general level of wages is irresistibly determined by Supply and Demand, but that Trade Unionism, in providing out-of-work pay, enables the individual workman to resist exceptional tyranny or exaction.