But its action does not stop there: inasmuch as this result is obtained with less effort, it is given to the public for a lower price; and the amount of the savings thus realized by all the purchasers, enables them to procure other gratifications--that is to say, to encourage handwork in general, equal in amount to that subtracted from the special handwork lately improved upon--so that the level of work has not fallen, though that of gratification has risen.

Let us make this connection of consequences evident by an example.
Suppose that in the United States ten millions of hats are sold at five dollars each: this affords to the hatters' trade an income of fifty millions.

A machine is invented which allows hats to be afforded at three dollars each.

The receipts are reduced to thirty millions, admitting that the consumption does not increase.

But, for all that, the other twenty millions are not subtracted from _human labor_.
Economized by the purchasers of hats, they will serve them in satisfying other needs, and by consequence will, to that amount, remunerate collective industry.