Note 207 — Chapter XVIII · Crisis and Competition.

In his book on “Domestic Industry in Thuringia,” Dr. E. Sax tells us that in 1869 the production of 244½ million slate pencils had yielded 122,000 to 200,000 florins in wages to the workingmen, but their final sale had yielded 1,200,000 florins, at least six times as much as the producers had received. During the summer of 1888, 5 marks were paid for 5 hundred-weights of haddock by the wholesaler. But the retailer paid 15 marks to the wholesaler, and the public paid the latter 125 marks. Large quantities of food moreover are destroyed because the prices do not make their transportation worth while. For instance, during years when the catch of herrings has been an over abundant one, loads of them have been used as manure, while there were thousands of persons in the interior who could not afford to buy herrings. The same occurred in California in 1892 when the crop of potatoes was too abundant. When in 1901 the price of sugar was very low, a trade paper seriously suggested to destroy a greater part of the supplies so that the price could be raised. It is well known that Charles Fourier was inspired to his ideas of a social system because while he served as apprentice in a commercial house in Toulon, he had been ordered to throw a load of rice over board to raise the prices. He reasoned that a society which resorts to such barbarous and irrational methods must be founded on a false basis, and so he became a socialist.