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One day I walked with one of these middleclass gentlemen into Manchester. I spoke to him about the disgraceful unhealthy slums and drew his attention to the disgusting conditions of that part of town in which the factory workers lived. I declared that I had never seen so badly built a town in my life. He listened patiently and at the corner of the street at which we parted company he remarked: And yet there is a good deal of money made here. Good morning, Sir.
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Deutsche et al. (1984) studied this question.
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