[Problems of Poverty by John A. Hobson]@TWC D-Link book
Problems of Poverty

CHAPTER VII
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The Hadleigh Farm Colony, originally designed to give a thorough training in the arts of agriculture so as to educate its members for the Over Sea Colony, has devoted more and more attention to shoemaking, carpentering, and other special mechanical crafts, and less and less to the efficient cultivation of the soil; the boots, chairs, etc.

being thrown in large quantities upon the open market.

Moreover, the fruit and vegetables raised upon the Farm have been systematically placed upon the outside market.

The result of such a line of conduct is evident.

Suppose A is a carpenter thrown out of work because there are more carpenters than are required to turn out the current supply of chairs and tables at a profitable price; the Salvation Army takes A in hand, and provides him with capital upon which no interest need be paid.
A's chairs, now thrown on the market, can undersell the chairs provided by B, C, D, his former trade competitors.


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