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Page 310 of 2651

Author: Adam Smith

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The produce of such labour comes frequently cheaper to market
than would otherwise be suitable to its nature. Stockings, in
many parts of Scotland, are knit much cheaper than they can
anywhere be wrought upon the loom. They are the work of servants
and labourers who derive the principal part of their subsistence
from some other employment. More than a thousand pair of Shetland
stockings are annually imported into Leith, of which the price is
from fivepence to seven-pence a pair. At Lerwick, the small
capital of the Shetland islands, tenpence a-day, I have been
assured, is a common price of common labour. In the same islands,
they knit worsted stockings to the value of a guinea a pair and
upwards.

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