But, you see, he is only more valuable because other men are less steady. If all the other workmen were as steady as he is he would be no more valuable than they are. Not being more valuable than they are, he would not be more certain of getting work.

That is to say, if all the workers were sober and thrifty, they would all be of equal value to the employer.

But you may say they would still be better off than if they drank and wasted their wages. They would have better health, and they would have happier lives and more comfortable homes.

Yes, so long as their wages were as high as before. But their wages would not be as high as before.

You must know that as things now are, where all the work is in the gift of private employers, and where wages and prices are ruled by competition, and where new inventions of machinery are continually throwing men out of work, and where farm labourers are always drifting to the towns, there are more men in need of work than work can be found for.

Therefore, there is always a large number of workers out of work.

Now, under competition, where two men offer themselves for one place, you know that the place will be given to the man who will take the lower wage.

And you know that the thrifty and the sober man can live on less than the thriftless man.

And you know that where two or more employers are offering their goods against each other for sale in the open market, the one who sells his goods the cheapest will get the trade. And you know that in order to sell their goods at a cheaper rate than other dealers, the employers will try to get their goods at the cheapest rate possible.