ON PROFITS.

67

changes for a larger quantity of those articles,
the proportion assigned to the capitalist, or the
rate of profits, is also augmented.
[t may be asked, whether not only the proportion
 is raised, but the value of the same proportion?
 If the capitalist, for instance, receive
100 hats, coats, and quarters of corn at the latter
 period for every 50 at the former, would not
the value of his profits have risen, although the
proportion were left undisturbed ?
A question whether the value of profits has
risen, can have only one of three meanings:
1. Whether the proportion of the produce obtained
 by the capitalist has increased? 2. Whether
 the aggregate value of his share is greater,
estimated in some of the commodities produced?
 3. Whether the aggregate value has
risen, estimated in labour?
1. The inquiry which I have supposed to be
made, cannot be in the first sense, because one
of the conditions is that the proportion remains
the same.
2. If it be