[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link book
Sophisms of the Protectionists

PART IV
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But this is explained thus: It will be consumed in the service of Jerome.

It will put it into the power of Jerome to produce a superior value; and, consequently, Jerome will be able to restore me a sack of corn, or the value of it, without having suffered the slightest injury; but quite the contrary.

And as regards myself, this value ought to be my property, as long as I do not consume it myself; if I had used it to clear my land, I should have received it again in the form of a fine harvest.

Instead of that, I lend it, and shall recover it in the form of repayment.
"From the second clause, I gain another piece of information.

At the end of the year, I shall be in possession of five litres of corn, over the 100 that I have just lent.


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