Page:Indian Journal of Economics Volume 2.djvu/664

646 sale. When that rate becomes popular, another rate should be declared.

The merchandise of the king which is of local manufacture should be controlled by way of monopoly; but imported merchandise should be allowed to be distributed in several markets for sale. Both kinds of goods should be favorably sold to the people. The king shall avoid such large profits as will harm the people. There should be no restriction as to the time of sale of those commodities for which there is a constant and wide demand; nor they be subject to the evil of monopoly."

The following conclusions emerge from the foregoing:—

Forms of Wages—Having studied a few points relating to prices, let us proceed to state the views of Sukra on wages. Sukra has taken the form in which rewards of labor are received as the basis of his classification of wages. The subjoined passages give the names and definitions of the various forms of wages in the words of the preceptor himself.

"Remuneration can be paid according to time or work, or according to both. It is to be paid therefore as arranged, i.e., according to contract.

"This weight is to be earned by you thither, and I shall give you so much for your work". Remuneration calculated on this system is according to work.

"Every year, month or day I shall pay you so much," Remuneration calculated on this idea is according to time.