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child and when helpless through old age, the other its earnings as boy and man. On balancing the two sides of the account the value of the baby was found to be five pounds. On a similar principle, the worth of an X-class baby would be reckoned in thousands of pounds. Some such 'talented' folk fail, but most succeed, and many succeed greatly. They found great industries, establish vast undertakings, increase the wealth of multitudes and amass large fortunes for themselves. Others, whether they be rich or poor, are the guides and light of the nation, raising its tone, enlightening its difficulties and imposing its ideals. The great gain that England received through the immigration of the Huguenots would be insignificant to what she would derive from an annual addition of a few hundred children of the classes W and X. I have tried, but not yet succeeded to my satisfaction, to make an approximate estimate of the worth of a child at birth according to the class he is destined to occupy when adult. It is an eminently important subject for future investigators, for the amount of care and cost that might profitably be expended in improving the race clearly depends on its result.

Descent of Qualities in a Population.

Let us now endeavor to obtain a correct understanding of the way in which the varying qualities of each generation are derived from those of its predecessor. How many, for example, of the V class in the offspring come respectively from the V, U, T, S and other classes of parentage? The means of calculating this question for a normal population are given fully in my 'Natural Inheritance.' There are three main senses in which the word parentage might be used. They differ widely, so the calculations must be modified accordingly. (1) The amount of the quality or faculty in question may be known in each parent. (2) It may be known in only one parent. (3) The two parents may belong to the same class, a V-class father in the scale of male classification always marrying a V-class mother, occupying identically the same position in the scale of female classification.

I select this last case to work out as being the one with which we shall here be chiefly concerned. It has the further merit of escaping some tedious preliminary details about converting female faculties into their corresponding male equivalents, before men and women can be treated statistically on equal terms. I shall assume in what follows that we are dealing with an ideal population, in which all marriages are equally fertile, and which is statistically the same in successive generations both in numbers and in qualities, so many per cent, being always this, so many always that, and so on. Further, I shall take no notice of offspring who die before they reach the age of marriage, nor shall I regard the slight numerical inequality of the sexes, but will