ABSTRACT
The height of good organisation is obtained when a seller can obtain the best price and the buyer the lowest price in the shortest possible time; and it therefore follows that a badly-organised market is one where the buyer and seller respectively cannot be promptly accommodated. In beginning to specify the organisations of various markets, the people must bring to notice some of their less tangible adjuncts which none the less play a most important part in the price of every commodity, without exception, which is bought or sold. The case of Chinese cheap labour presents another instance of restricted competition as interfering with a free market; this time an artificial restriction which keeps the Chinese labouring population within solid material walls shut out from a free market, and probably ignorant of any happier lot than huddling like bees in a plethoric hive.
