OF POLITICAL ECONOMY WITH REFERENCE TO STATESMANSHIP AND THE PROGRESS OF CIVILIZATION BY PROFESSOR W. D. WILSON OF THE CORNELL UNIVERSITY "It has something essential to teach the statesman and the mor- PHILADELPHIA HENRY CAREY BAIRD & CO. INDUSTRIAL PUBLISHERS 810 WALNUT STREET ITHACA: FINCH & APGAR Entered according to Act of Congress, in the year 1875, BY W. D. WILSON, In the Office of the Librarian of Congress, at Washington. COLLINS, PRINTER, 705 JAYNE ST. Stereotyped by B. II. mon Smith, Ithaca, N. Y. PREFACE. The world is so full of books on all subjects that it is expected of any one who adds another to the number already existing, that he will offer some apology for the new demand he is making upon public attention. And the Preface seems to be the place and the occasion where he is expected to make it. Having been called some fifteen or twenty years ago to teach Political Economy-in consequence of there being no one else that had leisure to do so I soon began to prepare the way for the use of the text books I had chosen, by certain elementary definitions and statements, like what are contained in the earlier chapters of the ensuing pages. Gradually, however, the elementary definitions which had thus been commenced, grew into nearly all that is contained in this work. The manuscript served for several years as the notes from which I gave the required Lectures, and is now printed for the use of the students who attend the lectures in the |