A STUDY OF THE FEDERAL SYSTEM OF POLITICAL ECONOMY BY ALFRED P. HILLIER, B.A., M.D. "Hear, for thy children speak from the uttermost parts of the sea LONGMANS, GREEN, AND CO. 39 PATERNOSTER ROW, LONDON NEW YORK, BOMBAY, AND CALCUTTA AT a time when the proper understanding of certain problems in Political Economy is of more profound moment to the British Empire than perhaps at any other juncture in its history, it is little short of a calamity that issues-the satisfactory determination of which depends upon an unimpassioned and rational study of this subject-should have been swept into the seething vortex of party political controversy. A further difficulty with which any writer is confronted to-day is the vast field over which the subject may be pursued, and the difficulty of deciding what portions of it to deal with, and what portions to avoid. For my own part I have attempted this formidable task only after visiting the United States, Germany, and some of the Colonies chiefly concerned; and, after endeavouring to study, so far as was practicable, the fiscal systems in vogue on the spot. I have endeavoured to write a book which practical men of affairs may find time to 206765 |