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wherever labour commanded the highest price. Above all 
he pointed out that workmen generally lose more in wages 
during a strike than the equivalent of the increased rate 
under dispute. In September, of the same year, he read a 
paper before the Manchester Statistical Society, on “Strikes 
and their effects on Wages, Profits, and Accumulations.” 
“The Workmans Bane and Antidote,” published about the 
same time, comprised (1) “An Essay on Strikes,” read before 
the British Association ; (2) “ The history of a mistake,” 
being a tale of the Colne Strike of 1860-61 ; and (3) a 
lecture on “The Power and Influence of Co-operative 
Effort,” delivered at the Mechanics’ Institution, Manchester, 
November 6th, 1861. There was also a reply to the 
criticisms made by the daily papers and by working men 
on the first paper, which had been extensively commented 
upon. During the winter of 1866, which Dr. Watts’ 
health compelled him to spend at Torquay, he wrote a 
pamphlet called “ The Catechism of Wages and Capital,” 
believing that a more general knowledge of the conditions 
by which wages must at all times be regulated, would 
prevent strikes and lockouts, and the great loss of wealth 
which is consequent thereon. He therefore made an effort 
to so simplify that knowledge that every reader should be 
able to comprehend and appreciate it. “The Facts of the 
Cotton Famine,” published in 1866, is an octavo volume of 
472 pages recording the labours of the Cotton Famine 
Belief Committee, and giving a detailed account of the 
origin and effects of the famine. In 1867 the Parliamentary 
Bill Committee appointed at a conference in the Manchester 
Town Hall, entrusted to Dr. Watts the drafting of a bill; 
and he gave valuable assistance to Mr. Forster in the compi- 
lation of the Education Act of 1870. Having seen the 
disastrous failure of the European Assurance Society, he 
determined to attempt a legislative reform of the entire 
system of life assurance. He got up a deputation to 
