Essay on the rate of wages: with an examination of the causes of the differences in the condition of the labouring population throughout the world
284 pages
English

Essay on the rate of wages: with an examination of the causes of the differences in the condition of the labouring population throughout the world

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284 pages
English
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Drnia lal y ^ LIBRARY UNIVERSITY OP CALIFORKJIA IRVIN. H13 Digitized by the Internet Archive in 2007 with funding from IVIicrosoft Corporation http://www.archive.org/details/essayonrateofwagOOcareiala ESSAY THE RATE OF WAGES: AN EXAMINATION CAUSES OF THE DIFFERENCES CONDITION OF THE LABOURING POPULATION THROUGHOUT THE WORLD. "We from expressing that another ^a^A a g^reatercannot refrain an opinion matter than that between ihe jxior-lawt remaiMuUrocatc^ and opponenu uf behind—namely, an examination of the necctttty which it fuppoted to entail pauperUm on tosiatf."—Athenteum, July 18, 1835. C. CAREY.BY H. Philadelphia: CAREY, LEA & BLANCHARD, 1835, ERRATA. Page 141, line /or estate, read18, state. " 143, line 6,for read state. " 161, line lands22,for they possess are, read land thej is. •* 171, last line,/or labourer, rea(2 labour. " line185, /or annum, read28, mensem. •* line244, 9, for ilVote, read ^1 coaverage,2^fi1829, '^^^ $5 32 1830, 91 1831, 41 1832, 67 1833. 34 From this it will be seen that the quantity of wheat that can be obtained by the mason and carpenter is XiOVf double what could be obtained fifty years since. manufactured articles, the increase is vastlyIn greater. A change to the same extent would have takenplace in Elngland, but for restrictions andheavy taxation yet Mr. M*Culloch insists, not only; that wageshave fallen,but thatthey must fall. Mr. Senior 28 ESSAY ON THE RATE OF WAGES. "says, very justly, in regard to this theory, Since the of Mr.

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Poids de l'ouvrage 11 Mo

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Drnia
lal
y^
LIBRARY
UNIVERSITY OP
CALIFORKJIA
IRVIN.H13Digitized by the Internet Archive
in 2007 with funding from
IVIicrosoft Corporation
http://www.archive.org/details/essayonrateofwagOOcareialaESSAY
THE RATE OF WAGES:
AN EXAMINATION
CAUSES OF THE DIFFERENCES
CONDITION OF THE LABOURING POPULATION
THROUGHOUT THE WORLD.
"We from expressing that another ^a^A a g^reatercannot refrain an opinion
matter than that between ihe jxior-lawt remaiMuUrocatc^ and opponenu uf
behind—namely, an examination of the necctttty which it fuppoted to entail
pauperUm on tosiatf."—Athenteum, July 18, 1835.
C. CAREY.BY H.
Philadelphia:
CAREY, LEA & BLANCHARD,
1835,ERRATA.
Page 141, line /or estate, read18, state.
" 143, line 6,for read state.
" 161, line lands22,for they possess are,
read land thej is.
•* 171, last line,/or labourer, rea(2 labour.
" line185, /or annum, read28, mensem.
•* line244, 9, for ilVote, read ^1 co<^.ESSAY
ON
THE RATE WAGES.OF
discussion now and for a long time pastIn the
carried on between the political economists and the
practical men, or advocates of the mercantile theory,
the formerhave generally confinedthemselves to indi-
cating what ivould be the result of the adoption of
their views, while the latter have pointed triumph-
antly to experience, calling upon us to admire the
prosperity that has been produced by their system,
to hesitate before abandoning one that has beenand
the cause of such admirable results, and which has
the additional recommendation of having been sanc-
tioned by our forefathers. They call for facts, re-
confirmatory ofthe truthgardingthem as universally
upon their opponentsof their doctrines, and look as
theorists, reasoning in opposition to all experience,
and wUlirig to hazard the happiness and prosperity
of nations in the endeavour to prove the correctness
of visionary notions, that will not bear examination.
Thus, in the inquiry now prosecuting by the French
Minister of the Interior, M. Barbet, one of the wit-6 ESSAY Oir THE RATE OF WAOES.
"nesses summoned, says, We are exceedingly sorry
that the persons who, in their writings, have attack-
theed existing system, have not come before the
council defend their here. insteadto opinions If of
a systemfounded on probabilities and surmises, they
had opposed to us we could have answeredfacts,
them."
The object of the following essay is to furnish the
facts, as called for by M. Barbet : not a few isolated
facts, as has generally been done by the advocates
" "of things as they are," truth and thebut the whole
truth," as far as it can be ascertained, regardin to
the policy some the principal nationsof of of the
earth, and to its results, as seen in the rate wages,of
or reioard labour. As introductory thereto, it isof
proposed to examine what are the circumstances
which tend to determine the rate of wages. Both
of these subjects have been treated by Professor Se-
nior in his lectures delivered before the University of
Oxford,* and as he is among the latest and highest
authorities, I propose, order that the reader mayin
compare our views, and judge between giveus, to
mine in the form of a review of the doctrines enun-
ciated in those lectures.
• Three Lectures on the Rate of Wages ; delivered beforo the
University of Oxford—Easter Term, 1830. By Nassau William
Senior. Second edition : London: 1831.
Lecture on the Cost of obtaining Money ; delivered before the
University ofOxford, in Easter Term, 18S9, by Nassau W. Senior.
Lond. 1830.

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