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The excerpt represents the core issue or deciding factor on which you must meditate, and is drawn from On Revenues by Xenophon: proceed to open new cuttings. What will happen? Any single tribe
hitting upon a productive lode will be the means of discovering what
is advantageous to all. Or, supposing two or three, or possibly the
half of them, hit upon a lode, clearly these several operations will
proportionally be more remunerative still. That the whole ten will
fail is not at all in accordance with what we should expect from the
history of the past. It is possible, of course, for private persons to
combine in the same way,[35] and share their fortunes and minimise
their risks. Nor need you apprehend, sirs, that a state mining
company, established on this principle, will prove a thorn in the
side[36] of the private owner, or the private owner prove injurious to
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