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Robert Kemp Philp
910
2600.
Larger
Capitalists.
The
case
of
the
larger
capitalist
can
scarcely
be
considered
an
exception
to
the
same
rule.
For
it
is
probable
that
the
larger
capitalist,
upon
commencing
a
business,
would
sink
more
of
his
funds
in
a
larger
stock--would
incur
liability
to
a
heavier
rent;
and
the
attendant
taxes,
the
wages
of
assistants
and
servants
would
be
greater,
and,
therefore,
if
the
return
came
not
speedily,
similar
consequences
must
sooner
or
later
ensue.
2601.
Localities.
Large
or
small
capitalists
should,
therefore,
upon
entering
on
a
shopkeeping
speculation,
consider
well
the
nature
of
the
locality
in
which
they
propose
to
carry
on
trade,
the
number
of
the
population,
the
habits
and
wants
of
the
people,
and
the
extent
to
which
they
are
already
supplied
with
the
goods
which
the
new
adventurer
proposes
to
offer
them.
2602.
New
Neighbourhoods.
There
is
a
tendency
among
small
capitalists
to
rush
into
new
neighbourhoods
with
the
expectation
of
making
an
early
connection.
Low
rents
also
serve
as
an
attraction
to
these
localities.
General
experience,
however,
tends
to
show
that
the
early
suburban
shops
seldom
succeed.
They
are
generally
entered
upon
at
the
very
earliest
moment
that
the
state
of
the
locality
will
permit--often
before
the
house
is
finished
the
shop
is
tenanted,
and
goods
exposed
for
sale--even
while
the
streets
are
unpaved,
and
while
the
roads
are
as
rough
and
uneven
as
country
lanes.
The
consequence
is,
that
as
the
few
inhabitants
of
these
localities
have
frequent
communication
with
adjacent
centres
of
business,
they,
as
a
matter
of
habit
or
of
choice,
supply
their
chief
wants
thereat;
and
the
newly
arrived
shopkeeper
has
to
depend
principally
for
support
upon
the
accidental
forgetfulness
of
his
neighbour,
who
omits
to
bring
something
from
the
cheaper
and
better
market;
or
upon
the
changes
of
the
weather,
which
may
sometimes
favour
him
by
rendering
a
"trip
to
town"
exceedingly
undesirable.
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