an increase of population wages fall," p. 494; he means by high or low wages a large or small amount. Mr. McCulloch has stated, with great clearness, the difference between proportional wages and real wages, or wages estimated in money or in quantities of produce. And he adds, with equal accuracy, "If the productive"ness of industry were to diminish, proportional wages 66 might rise, notwithstanding that real wages, or the "absolute amount of the produce of industry falling to "the share of the labourer, might be diminished; and if, "on the other hand, the productiveness of industry were "to increase, proportional wages might be diminished, "while real wages might, at the same time, be increased." Principles, &c. p. 365. And he generally uses the words "high and low wages" to express, not a large or small proportion, but a large or small amount. It is in this sense that he contrasts (p. 353) the low wages of Hindostan with the high wages of America. But is this use of language consistent with his statement (p. 322) that the high wages we pay to our workmen cause low profits? Or, is it consistent with the inferences drawn by the Committee from his evidence? Printed by WILLIAM CLOWES, Stamford Street. WORKS PUBLISHED BY MR. MURRAY, ALBEMARLE-STREET. Three LECTURES on the COST of obtaining MONEY, and on some Effects of PRIVATE and GOVERNMENT PAPER MONEY. Delivered before the University of Oxford, in Trinity Term, 1829. By NASSAU WILLIAM SENIOR, A.M. late fellow of Magdalen College, Professor of Political Economy. The Nature and Tendency of a SINKING FUND investigated, and the Fallacy of the Reasoning by which it has been recommended is explained in three Letters to the DUKE of WELLINGTON. 8vo. By the EARL of LAUDERDALE. An ESSAY on the PRINCIPLE of POPULATION; or a View of its past and present Effects on Human Happiness; with an Inquiry into our Prospects respecting the future removal or mitigation of the Evils which it contains. By the Rev. T. R. MALTHUS, late fellow of Jesus' College, Cambridge, and Professor of History and Political Economy in the East India College, Hertfordshire. A fifth Edition, with important Additions and Corrections. 3 vols. 8vo. 36s. The PRINCIPLES of POLITICAL ECONOMY considered, with a View to their Practical Application. By the Rev. T. R. MALTHUS, F.R.S. 8vo. 188. DEFINITIONS in POLITICAL ECONOMY, preceded by an Inquiry into the Rules which ought to guide Political Economists in the Definition and Application to their Terms; with Remarks on the Deviations from their Rules in practice. By the Rev. T. R. MALTHUS. Post 8vo. 7s. 6d. IRELAND; its EVILS, and their REMEDIES: being a Refutation of the Errors of the Emigration Committee and others, touching that Country. To which is prefixed a Synopsis of an Original Treatise, about to be published on the Law of Population; developing the real principles on which it is universally regu lated. By MICHAEL THOMAS SADSecond Edition. 8vo. 12s. LER, M.P. "Dwell in the land and verily thou shalt be fed." The ANCIENT GEOGRAPHY of ASIA to the West of the Caspian Gates, and as connected with the Route of the Ten Thousand and the Expedition of Alexander, illustrated by the Rev. JOHN WILLIAMS, A.M., F.R.S.E., Rector of the Edinburgh Academy, and Vicar of Lampeter, Cardiganshire. 8vo. "The work is ingenious, often convincing, and always well written."-Asiatic Journal. The GREEK GRAMMAR of AUGUSTUS MATTHIE. Translated into English by the late Rev. E. V. BLOMFIELD. Fellow of Emmanuel College, Cambridge. Fourth Edition, thoroughly revised. 2 vols. 8vo. 30s. OXFORD and LOCKE. By LORD GRENVILLE. 8vo. 48. The CONSTITUTIONAL HISTORY of ENGLAND, from the Accession of Henry VII. to the Death of George II. By HENRY HALLAM, Esq. Second Edition. 3 vols. 8vo. 368. HISTORY of the MIDDLE AGES. By HENRY HALLAM, Esq. Fifth Edition. 3 vols. 8vo. 36s. The TRUE HISTORY of the STATE PRISONER, commonly called "THE IRON MASK," extracted from the Documents in the French Archives. By the Hon. GEORGE AGAR ELLIS. A new Edition. Post 8vo. 10s. 6d. The PUBLIC ECONOMY of ATHENS. Containing an Account of the Prices of Commodities, Rates of Profit, Interest, Wages, Labour, &c. of the Financial Administration, with the Peace and War Expenditure; of the different items of the Public Revenue, with a History of the Tributes and Public Treasure; of the Liturgies, Property-Taxes, and Natural Wealth; and of the Money-System of the Athenians. To which is added, a Dissertation on the Silver Mines of Laurion. Translated from the German of AUGUSTUS BOECKH, 2 vols. 8vo. 17. 6s. |