PREFACE. 

 XX 



The economists unanimously represent it to be a 

 ^advantage to mankind to have things cheap ; 

 but this assumes the principal matter m ia 

 which is that the labourer has money to give, and 

 here lies the fallacy. Any means of employing his 

 labour and time is an advantage, but y*W~ 

 tends to non-employment of his labour and time is a 

 disadvantage. Thus the labourer was happier and 

 better off in every way when he employed the time 

 iptred from labour at his vocation, for which a de- 

 auction is always made in his ^Jjj^ 



byTimself InTfamily, than now, when clothes are 

 a tenth part of the price, and he has cease M 



them for himself. Cheapness and dearness are 

 aS to him who has nothing* give. Thatwluch 

 increases the wealth of the master -anufactoe r, 

 and that which increases the enjoyment of his 1 

 bourer are two totally different and distinct flung.. 

 'The greatest happiness principle," as employed 

 by them, means, when translated into the language 

 of truth " the greatest wealth principle," to which 

 the happiness of the many has been sacrificed^ 

 The tram of logic in the writings of the Enghsh 

 economists is thus -.-trade employs people; em- 

 pbyment makes people rich; ergo, trade makes 

 eoole happy. To show the fallacy of this reason- 

 fng P !t mtghT be sufficient to point to the fact, that 



