speculation. If nothing worked well of which the theory was not perfectly understood, we should be in sad confusion. The relations of labour and capital, we are told, are not understood, yet trade and commerce, on the whole, work satisfactorily.' I quote from the Times of only the other day.[1] But thoughts like these, as I have often pointed out, are thoroughly British thoughts, and we have been familiar with them for years.
Or, if we want more of a philosophy of the matter than this, our free-trade friends have two axioms for us, axioms laid down by their justly esteemed doctors, which they think ought to satisfy us entirely. One is, that, other things being equal, the more population increases, the more does production increase to keep pace with it; because men by their numbers and contact call forth all manner of activities and resources in one another and in nature, which, when men are few and sparse, are never developed. The other is, that, although population always tends to equal the means of subsistence, yet people's notions of what subsistence is enlarge as civilisation advances, and take in a number of things beyond the bare necessaries of life; and thus, therefore, is supplied whatever check on population is needed.
But the error of our friends is precisely, perhaps, that
- ↑ Written in 1869.
