ESTIMATING VALUE. 155
cept in reference to some of its parts. If the
value of the whole means any thing, it can be
only its value estimated or computed in some
individual commodity; and in this sense, as
the quantity of every thing would be doubled,
the aggregate value would be doubled. If a
pair of stockings continued to be worth a shilling,
2000 pair, which would now be produced for
every thousand pair previously, would be worth
2000 shillings ; and thus, with regard to every
other commodity, we should have a double
value in shillings, and the sum of all these
values would be double.

Labour is the only thing in relation to which
any commodity would not necessarily appear to
be of the same value®, but here we are of course
leaving labour out of consideration. On the sup-

* Commodities might appear of the same value even in
relation to labour; that is to say, there would be no incon-
sistency or repugnance amongst the terms and ideas in-
volved in the supposition, although the circumstance would
be one not likely to happen: a point, indeed, in which it
only resembles the other parts of this hypothetical case.