ABSTRACT
It can be justly objected that new production creates in its turn a new income, and that, even though the demand which flows from that income comes only after the production, this would not prevent it from absorbing it. That is covered by the 200,000 francs which were invested in them, and thus are part of the account of another manufacture where the same facts can be imagined to have occurred in the same way. However, because production quadrupled, and the incomes it generated increased only twofold, it is necessary that there be somewhere an industry whose income quadruples while its production increases only twofold; or there will be a business glut, distress in the market, and finally loss. From the natural progress of society comes a steady increase of capital, and from a fault in social organization comes a steady increase in the working population, and a supply of hands as a rule greater than the demand for labor.
