Trades Unions: an Inquiry into Their Rules and Working, Based on the Evidence Before the Royal Commission; Showing the Folly of All Attempts to Raise Wages by Violence and Strikes, and the Beauty and Excellence of the Divine Laws Governing Workmen and Employers.

Capital stands to the employer in the same relation that labour does to the workman. If the demand for money is great, the value of it will rise accordingly; hut if the demand for it declines, its value will decrease in a like ratio. Carpenters, joiners, shipwrights, seamen, masons, bricklayers, and diggers, all were wanted, and in proportion as that demand rose did wages increase; but when the gold fever gradually died out, wages gradually decreased. The low price of an article is an announcement to all concerned that there is more than enough of that article already in the market, and that it should cease to be produced, or be taken elsewhere. The high price of an article is, on the other hand, an intimation that more of the article is wanted, and it invites a supply from wherever the article is possessed.