Das Recht auf Arbeit in geschichtlicher Darstellung

Bibliographic data

Monograph

Identifikator:: 1928055672

URN:: urn:nbn:de:zbw-retromon-266904

Document type:: Monograph

Author:: Singer, Rudolf

Title:: Das Recht auf Arbeit in geschichtlicher Darstellung

Place of publication:: Jena

Publisher:: Fischer

Year of publication:: 1895

Scope:: VI, 84 S.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: § 10. Das Recht auf Arbeit in Deutschland. I. Die ersten Vertreter des Gedankens; die deutsche Nationalversammlung

Collection:: Economics Books

38 MONEY when first established, might have been paid for some years without any addition to taxation or debt, by giving the pensioners a one-pound note every four weeks, if no reserve had been kept against the notes : would the pensioner’s genuine demand for the notes have justified the statement that the issue was automatic and the Government had no control over its amount? If an extra hundred millions war- bonus (or peace-bonus for all the difference it makes) were paid by additions to the £1 and 10s. currency notes of £2,000,000 a week, would there not be a genuine demand for these additional notes? If the Government hires schoolgirls at fz a week to watch a simple machine and defrays the expense by giving each of them two new £1 currency notes which are clear additions to the amount already outstanding, can it be said that these girls do not exercise a genuine demand for the notes ? Every monopolist producer controls his sales, and the Government manufacturer of notes is no excep- tion. The monopolist of an ordinary commodity can limit his sales in one of two different ways, first, by offering a fixed amount of the product for sale by auction, and so letting the consumers determine the price, and secondly, by offering .to sell any amount that may be inquired for at a price fixed by himself. The second is the usual method : it limits the total sold in the long run just as effectually as the other. If 100,000 bottles of some patent medicine can be sold at 3s. each, while 110,000 could scarcely be sold at 2s. 6d. and only 70,000 could be sold at 3s. 6d., it is all the same whether the monopolist says he will sell 100,000 bottles a year for what they will fetch, or says the price is 3s. and any one who likes can have a bottle at that rate. Just so with notes. The monopolist producers of notes control the issue either by saying they will issue such and such an amount,

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