888 PROCEEDINGS OF SECTION G. 
upontheexpenditure in thecountry of the proceeds of its production, 
or the expenditure otherwise than in the work of production, of 
incomes from abroad, as indicated by the formula stated. 
The following will be corollaries as regards production :— 
(1.) That where the ratio of expenditure for services is one- 
half, the production stimulated by any new or additional 
industry in a country will be a corresponding additional 
production. 
(2.) That where the ratio of expenditure for services is more 
than one-half, the production so stimulated will be 
diminished in the like ratio. 
(3.) And where the ratio of expenditure for services is less 
than one-half, the production so stimulated will increase 
in the like ratio. 
(4.) That of the lesser ratio, or a greater expenditure for 
services, represents a higher civilisation, increasing in 
geometrical progression with the ratio. 
(5.) That of the greater ratio, or a lower expenditure for 
services, represents a lower civilisation, decreasing in 
geometrical progression with the ratio. 
100 
Thus—production 100 and ratio (less than }) 2 gives —-, 250 
5 
total incomes = 150 for services, and the additional production 
stimulated or required to feed workers will be 66:6. 
100 
If the ratio be (more than }) 2, production 100 gives —- = 
5 
166-6 total incomes = 66:6 for services, and the additional pro- 
duction required to feed workers will be 150. 
I referred in my paper, read at the Hobart meeting of the 
Association, to Quesnay’s “Tableau Economique” having been con- 
sidered as lost, or, at all events, that one or two copies only existed 
in some European libraries; and to the statement in Mr. 
M‘Gullock’s introduction to Adam Smith’s ‘“ Wealth of Nations ” 
that the “Tableau Economique” was a formula constructed by 
Quesnay to exhibit the various phenomena attendant upon the 
production of wealth and its distribution. The formula of the 
table did not, so far as I have been able to ascertain, find its way 
into the works of any of the known English economists. In the 
month of December, 1894, a,fac simile of the first edition of the 
“Tableau” was published by the British Economic Association, the 
same having been discovered by Dr. Bauer among the papers of 
the elder Mirabeau ; and the journal of the Association for March, 
1895, contains an article by Dr. Bauer dealing with the table. It 
is of service in connection with the subject of present inquiry. 
