Now if we are to look in any quarter for a systematic and exhaustive statement of the principles of a given science, it must certainly be from its Professor at Cambridge.
15. Take the last edition of Professor Fawcett's Manual of Political Economy, and forming, first, clearly in your mind these three following questions, see if you can find an answer to them.
I. Does expenditure of capital on the production of luxurious dress and furniture tend to make a nation rich or poor?
II. Does the payment, by the nation, of a tax on its land, or on the produce of it, to a certain number of private persons, to be expended by them as they please, tend to make the nation rich or poor?
III. Does the payment, by the nation, for an indefinite period, of interest on money borrowed from private persons, tend to make the nation rich or poor?
These three questions are, all of them, perfectly simple, and primarily vital. Determine these, and you have at once a basis for national conduct in all important particulars. Leave them undetermined, and there is no
