OF VALUE. 15 however, would be evidently incorrect, unless the value of an object were something intrinsic, and independent of other commodities; but since value, as I have shown, is essentially relative, if any commodities had fallen in relation to cloth, cloth must have acquired additional value, or have risen in relation to those commodities. Mr. Ricardo’s proposition might, indeed, be true, if he meant by other commodities only a certain number of other commodities. These, for convenience, may be termed Class 1, and all commodities not included in Class 1 may be referred to Class 2. Now if Mr. Ricardo meant, that when Class 1 came to be produced with increased facility, so as to exchange for half the quantity of cloth, while Class 2, in point of facility of production, remained as before, cloth would. retain its former value in relation to Class 2, he would be perfectly correct; but if this had been his meaning, there could have been no point of dispute between him and the author on whose language he is animadverting ; and that it was not what