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A Merchant (n.) lets ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠the manufacturer who shares his capital with the wholesaler and the retailer do the same work with only a third of it, because the manufacturer finds a buyer far sooner than he would find a consumer.