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Page 679 of 2651

Author: Adam Smith

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There are, indeed, a few manufactures, in which the necessary
rise in the real price of the rude materials will more than
compensate all the advantages which improvement can introduce
into the execution of the work. In carpenters' and joiners' work,
and in the coarser sort of cabinet work, the necessary rise in
the real price of barren timber, in consequence of the
improvement of land, will more than compensate all the advantages
which can be derived from the best machinery, the greatest
dexterity, and the most proper division and distribution of work.
But in all cases in which the real price of the rude material
either does not rise at all, or does not rise very much, that of
the manufactured commodity sinks very considerably.

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