| If profits be 10 per cent., the fisherman must sell his goods for 173 l. 2 s. 7 d. | |
|---|---|
| To replace his circulating capital of 150 l. with a profit of 10 per cent. would require a value of | 165 l. |
| To replace his fixed capital with 10 per cent. profit, one-third of the hunter' | 8.13 |
| ——— | |
| 173.13 l. |
Now if wages rise, although neither of these commodities should require more labour for their production, yet their relative value will be altered. Suppose wages to rise 6 per cent., the hunter would not require more than an increase of 3 l. to his capital, to employ the same number of men,