[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link book
Sophisms of the Protectionists

PART IV
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Workmen! let us examine into these little stories.
I maintain, first of all, that the _sack of corn_ and the _plane_ are here the type, the model, a faithful representation, the symbol, of all capital; as the five litres of corn and the plank are the type, the model, the representation, the symbol, of all interest.

This granted, the following are, it seems to me, a series of consequences, the justice of which it is impossible to dispute.
1st.

If the yielding of a plank by the borrower to the lender is a natural, equitable, lawful remuneration, the just price of a real service, we may conclude that, as a general rule, it is in the nature of capital to produce interest.

When this capital, as in the foregoing examples, takes the form of an _instrument of labor_, it is clear enough that it ought to bring an advantage to its possessor, to him who has devoted to it his time, his brains, and his strength.

Otherwise, why should he have made it?
No necessity of life can be immediately satisfied with instruments of labor; no one eats planes or drinks saws, except, indeed, he be a conjurer.


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