In the chapter about "Value, Price, and Distribution" Seager explains, that his model of the modern production and distribution can be used to "restate the laws determining rent, wages, and interest."
He stated:
"It will be necessary to advert for the last time the relations that would prevail in an industrial society brought Production to the state of normal equilibrium.
In such a society the relation between production, distribution, and consumption would be extremely simple.
Production would still be carried on as a serial process, but it could be readily analysed, since all prices would correspond exactly to the expenses of production and these would never vary.
The whole matter may be represented graphically by the accompanying figure.

In the figure production is represented as subdivided into three great stages, A, B, and C. The extractive industries: (A) turn out raw materials.
Manufacturing (B) takes these and transforms them into manufactured products.
Transportation and trade (C) deliver the latter as finished products to purchasers, who may be either consumers converting their money incomes into real incomes, or entrepreneurs converting the free replacement fund into capital goods to restore the wastes incidental to production.
The figure represents movement without change."

And furthermore:
"Goods are flowing continuously from stage A to B and from stage B to C. At C the stream is divided, an unvarying volume of capital goods flowing one way and an unvarying stream of consumers' goods flowing the other.
The capital goods exactly replace the goods destroyed in the course of production and the consumers' goods exactly remunerate the owners of land, workmen, and owners of capital goods for the productive services which they or their possessions have rendered.
Finally the prices of goods are invariable and everywhere just equal to their unvarying expenses of production."

Later in the 20th century the model of the circular flow of income has been developed, which comprehends similar concepts.
In the chapter about "Value, Price, and Distribution" Seager explains, that his model of the modern production and distribution can be used to "restate the laws determining rent, wages, and interest." He stated:
"It will be necessary to advert for the last time the relations that would prevail in an industrial society brought Production to the state of normal equilibrium. In such a society the relation between production, distribution, and consumption would be extremely simple. Production would still be carried on as a serial process, but it could be readily analysed, since all prices would correspond exactly to the expenses of production and these would never vary. The whole matter may be represented graphically by the accompanying figure.
In the figure production is represented as subdivided into three great stages, A, B, and C. The extractive industries: (A) turn out raw materials. Manufacturing (B) takes these and transforms them into manufactured products. Transportation and trade (C) deliver the latter as finished products to purchasers, who may be either consumers converting their money incomes into real incomes, or entrepreneurs converting the free replacement fund into capital goods to restore the wastes incidental to production. The figure represents movement without change."
And furthermore:
"Goods are flowing continuously from stage A to B and from stage B to C. At C the stream is divided, an unvarying volume of capital goods flowing one way and an unvarying stream of consumers' goods flowing the other. The capital goods exactly replace the goods destroyed in the course of production and the consumers' goods exactly remunerate the owners of land, workmen, and owners of capital goods for the productive services which they or their possessions have rendered. Finally the prices of goods are invariable and everywhere just equal to their unvarying expenses of production."
Later in the 20th century the model of the circular flow of income has been developed, which comprehends similar concepts.
Henry Rogers Seager