f the cherished
absurdities of the Tory political creed.
The reputation of Mr. Mill was sufficiently established before his
political economy was published. As the writer, over the signature of
A., of several articles in the Westminster Review, such as those on
Coleridge, Bentham, and the Privileged Classes, and the author of the
profoundest and most complete treatise on Logic ever written, he
needed no introduction to the public. "The Principles of Political
Economy" is a book bearing on every page the decisive marks of his
strong and accurate mind. It is a work after the model of Smith's
Wealth of Nations, in which principles are always associated with
their applications, and economical questions considered in their
relations to social philosophy, and the general well-being of man. As,
since the time of Adam Smith, political economy and social philosophy
have both made a perceptible advance, Mr. Mill's work purports to
supply the deficiency of a complete system of political economy,
including all the latest discoveries, and combining a strict
scientific exposition of the abstract principles of the subject with
their practical applications. The result is that he has produced the
most complete and satisfactory work of the kind at present in
existence, and, on the whole, the most important contribution to
political economy since the time of Adam Smith.
We, of course, have no space to refer at any length to his treatment
of the different branches of his subject; but the book has one
characteristic which we hope will have the effect to make it generally
read. The style is so clear, vigorous, simple and lucid, and the
illustrations so apt and copious, that the work can be readily
understood by those readers who are commonly repelled by the dry and
abstract character of other treatises on the science. The author
intended that his book should be popular as well as profound, and has
exerted his full strength of mind in simplifying the more abstruse
principles of his subject; and we trust that his labor will not have
been spent in vain. Every legislator, merchant, manufacturer, and
agriculturist, every man who is in any way connected with the creation
or distribution of wealth, should read this book.
_An Oration Delivered Before the Society of Phi Beta
Kappa, at Cambridge, August 24, 1848. By Horace
Bushnell. Cambridge: George Nichols._
Dr. Bushnell has within a year or two taken a prominent position
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