Sb

ON PROFITS.

of labour continues the same, for if this pro-
ductive power be augmented, that is, if the same
labour produce more commodities in the same
time, labour may rise in value without a fall, nay
even with a rise of profits. This has been al-
ready shown in treating of the possibility of
labour rising, although the proportion of the pro-
duce assigned to the labourer were diminished.
In the case there stated it is supposed, that the
whole produce of a country becomes doubled,
while the quantity of labour remains the same;
and that of every 100 hats, coats, and quar-
ters of corn, the labourer before the increase re-
ceived 25, and after the increase 22, so that at
the latter period he would receive 44 for the
same quantity of labour which before obtained
25. The capitalist for his share, before the in-
crease, is supposed to receive 50 per cent., and
after the increase 56 per cent., making 112,
where he before obtained only 50. In this
case, while the value of labour in relation to
hats, coats, and corn, is evidently increased,
that is, while a definite portion of labour ex-