A Letter to His Excellency Sir William Denison, &c. &c. &c. Lieut.-governor of Van Diemen's Land: On the Expediency of Transferring the Unemployed Labour of that Colony to New South Wales

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publisher not identified, 1847 - Ex-convicts - 20 pages
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Page 8 - The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Page 9 - What is mainly necessary to a rapid increase of population, is a great and continued demand for labour ; and this is occasioned by, and proportioned to, the rate at which the whole value of the capital and revenue of the country increases annually ; because, the faster the value of the annual produce increases, the greater will be the power of purchasing fresh labour, and the more will be wanted every year.
Page 9 - ... only to the circulating, not the fixed capital of a country. But in reality the demand for labour is not proportioned to the increase of capital in any shape ; nor even, as I once thought, to the increase of the exchangeable value of the whole annual produce. It is proportioned only, as above stated, to the rate of increase in the quantity and value of those funds which are actually employed in the maintenance of labour.
Page 8 - The natural or necessary price of labour in any country I should define to be that price which, in the actual circumstances of the society, is necessary to occasion an average supply of labourers, sufficient to meet the effectual demand...
Page 17 - The best system of prison discipline must necessarily be ineffectual if the offender on his liberation be unable to procure employment by which to earn a creditable livelihood.
Page 7 - The farmer or grazier's man increases his master's wealth. He adds a value to the subject on which his labour is bestowed, for if he did not he would not be employed. The same thing cannot be said of the government man.
Page 8 - The condition of the labouring classes of society must evidently depend, partly upon the. rate at which the funds for the maintenance of labour and the demand for labour are increasing ; and partly, on the habits of the people in respect to their food, clothing, and lodging.

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