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[71]Next, it must be observed that Socialists generally, and even the most enlightened of them, have a very imperfect and one-sided notion of the operation of competition. They see half its effects, and overlook the other half; they regard it as an agency for grinding down every one's remuneration¡ªfor obliging every one to accept less wages for his labor, or a less price for his commodities, which would be true only if every one had to dispose of his labor or his commodities to some great monopolist, and the competition were all on one side. They forget that competition is a cause of high prices and values as well as of low; that the buyers of labor and of commodities compete with one another as well as the sellers; and that if it is competition which keeps the prices of labor and commodities as low as they are, it is competition which prevents them from falling still lower. In truth, when competition is perfectly free on both sides, its tendency is not specially either to raise or to lower the price of articles, but to equalize it; to level inequalities of remuneration, and to reduce [72]all to a general average, a result which, in so far as realized (no doubt very imperfectly), is, on Socialistic principles, desirable. But if, disregarding for the time that part of the effects of competition which consists in keeping up prices, we fix our attention on its effect in keeping them down, and contemplate this effect in reference solely to the interest of the laboring classes, it would seem that if competition keeps down wages, and so gives a motive to the laboring classes to withdraw the labor market from the full influence of competition, if they can, it must on the other hand have credit for keeping down the prices of the articles on which wages are expended, to the great advantage of those who depend on wages. To meet this consideration Socialists, as we said in our quotation from M. Louis Blanc, are reduced to affirm that the low prices of commodities produced by competition are delusive and lead in the end to higher prices than before, because when the richest competitor has got rid of all his rivals, he commands the market and can demand any price he pleases. Now, the [73]commonest experience shows that this state of things, under really free competition, is wholly imaginary. The richest competitor neither does nor can get rid of all his rivals, and establish himself in exclusive possession of the market; and it is not the fact that any important branch of industry or commerce formerly divided among many has become, or shows any tendency to become, the monopoly of a few.

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First down with that sign, barber¡ªTimon's sign, there; down with it.

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CHAPTER XCIII. CABLE AND ANCHOR ALL CLEAR.Presto! the castle rose; but alas, the roof was hardly on, when the Yankee's patron, having speculated beyond his means, broke all to pieces, and was absolutely unable to pay one ¡°Psha! wife, of course it is hollow. Who ever heard of a solid chimney?¡± But nothing avails. And my daughters take after, not me, but their mother. (winningly),

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4 crowns casino no deposit bonus£ºAll the rest joined in, and pronounced me an ill-bred, coarse, and unmannerly youngster, who, if permitted to go on with such behavior as that, would corrupt the whole crew, and make them no better than swine.

When I once remonstrated with an old toper of a top-man about this daily dram-drinking; when I told him it was ruining him, and advised him to stop his grog and receive the money for it, in addition to his wages as provided by law, he turned about on me, with an irresistibly waggish look, and said,

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The Difficulties of Socialism.

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Besides the couches, the furniture consisted of three or four sailor chests; in which were stored the fine wearing-apparel of the household¡ªthe ruffled linen shirts of Po-Po, the calico dresses of his wife and children, and divers odds and ends of European articles¡ªstrings of beads, ribbons, Dutch looking-glasses, knives, coarse prints, bunches of keys, bits of crockery, and metal buttons. One of these chests¡ªused as a bandbox by Arfretee¡ªcontained several of the native hats (coal-scuttles), all of the same pattern, but trimmed with variously-coloured ribbons. Of nothing was our good hostess more proud than of these hats, and her dresses. On Sundays, she went abroad a dozen times; and every time, like Queen Elizabeth, in a different robe.£¬Why, you infernal Feejee!¡£The sheep must have died off: for I never saw a solitary fleece in any part of Polynesia. The pair left were an ill-assorted couple, perhaps; separated in disgust, and died without issue.¡£

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horse-marines£¬Lying right in the track of the multitudinous ships crossing the ocean between England and America, these little vessels are sometimes run down, and obliterated from the face of the waters; the cry of the sailors ceasing with the last whirl of the whirlpool that closes over their craft. Their sad fate is frequently the result of their own remissness in keeping a good look-out by day, and not having their lamps trimmed, like the wise virgins, by night.¡£Save me, Pierre¡ªlove me, own me, brother; I am thy sister!¡£

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It is a very dull, wearisome, and lethargic affair. I can readilyimagine that to some sanguine temperaments it would be altogetherintolerable. For example, I cannot credit that the mettlesome poetByron would have contentedly sat down with Bartleby to examine a lawdocument of, say five hundred pages, closely written in a crimpy hand.£¬This appeal to my fellow-feeling was hardly to be resisted. At allevents, I saw that go he would not. So I made up my mind to let himstay, resolving, nevertheless, to see to it, that during the afternoonhe had to do with my less important papers.¡£What do you say to the youngster, old man?¡£

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Her changed attitude of beautiful audacity; her long scornful hair, that trailed out a disheveled banner; her wonderful transfigured eyes, in which some meteors seemed playing up; all this now seemed to Pierre the work of an invisible enchanter. Transformed she stood before him; and Pierre, bowing low over to her, owned that irrespective, darting majesty of humanity, which can be majestical and menacing in woman as in man.£¬Then God help my hard fate, Master Pierre,¡£One clear, cold morning, while we were yet running away from the Cape, a raw boned, crack-pated Down Easter, belonging to the Waist, made his appearance at the mast, dolefully exhibiting a blackened tin pan, bearing a few crusty traces of some sort of a sea-pie, which had been cooked in it.¡£

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