, 1875-04-17


classical ecoIara that ono Of those c,ties IL the
Troy Of Helen and Pnam, Tho vlluo OF DR..
Scl,iicmann's discoveries VIII nat 10 q,lcrtoucd.
colect,on Of UPWARDS Of 100000 objects has
and tioso to tho student If archaeology viii con.
ci,aracterlstfc generosity tr. sclcmann sp.
nouucca TINT Iln shall not erls lnt eivo Awa, tho
entire colleclton OF coiirss bestoTtnH It where It
Nill acconni1ll Tho tnnst III behalf ii tctetcn.
For full hiatpry Of tho excavations A. tIls.
aar,lk ltla reader 10 rsfalrod Ia Dr. Sc:,.iemans
volume. wlo,e 1t is given N TIM fnrIn Of diary
written on tho spot. About 5000 Of tbs objectn
recovered Ate neu,od in tho c.,ltea Of ,he work,
or arc pictured in plates collected ut tho closc,
while a acrlos Of maps complete tho illus:sa,ton
Of tho text.
a special edition Of tho worl has been import.
cd by Mensss. Hcrtner, Wolfnrd I: Armstrong
for tho benefit Of American readers.
POLITICAL ohoMY.
%ex 2s dsp Pon. Pp5s nstns sos, Y Isaac nuf,
Tho late 1saac Butts, Of Rochester. y. r., WAS
! mon with msny friends. One OF tho latter,
With mistaken kiodneas, haa had this book pub-
Iithed. It II not WORTH reading. I. wuttun in
sort Of second-rate editorial style, and ths QUO
or Two good things 1t contaius might have boen
put into column OF an nyetage-aixca newhna-
Per, instead Of bc!ug united will, thousand or
40 pt.utudce and put into iool;. Mr.. Butts,
by so,ne wontlroua anomnlS, was both }ournal-
Int mud capita1,st; but, judged by thin work,
hc was not aa Inspired. or cytn M ahlo author,
statistlcs arc l;s beso nolr. lie dayouty be-
'loyoa TINT figures will io, and that any hilo ot
Any question can bo proved by them. lie tlloro-
fore r,lloa tham out Of tho discussion, ana trice
10 provo tlla superiority Of FREQ Train by nreu-
Ing smply from abstract principles. There IL .
goolly measure Of reaaop In iLis idea. Il Is II.
most impossible to correctly estimate aIl Tho
cauBes Of hattonat prosperity Of misery. A Tariff
Is but Quo OF thousand Influences. 1t, alone.
can neither provont nor procure tLe industrial
Millennium. Readers Of Grceley's "pol!ticai
Economy" will remember that ho quotes tho fir.
tlres OF the Ohio wool-crop 10 show t1t the year
alter the Tariff was cnt dowo WAS marIed by q
great decrease In the amount Ut wooI Clipped.
II Ia worry neat statistical argument ~ IL stands
iD his GnBcs, but It il utterly dcatroycd by tho
fao. that an epidemic killed great Part Of tho
sleep owned In Ohio during tln ycac OF tho
changes in tho Tariff. Evcn Mr. Gtselcy wou,d
scarcely have cIatmoa that tho pnstacc o. law
less thia Is claimed, tho argument ia wortlIIene.
We giro this illustration al a proof Of one OF
Mr.. 15uttr' assertions flo ri6icaes Carey fnr
saying :" l know" aud rcgarding thu statement
- Argument, but soms!'"ca INDUCES Ia tho
Tho best thing III tho book is the attack upon
11ssasl3ata oennit,'n OF "saiae. Iho great
ete,anee" Thts makca tin " conon ,mu a'fs,ssn s,n
used by ali uolttco cccnonlsts ..nr. nsc r,i,Ic :"
M absusdisy. Nevertheless, tsc g.cAt majority
Of modern economists have followed Dastlat.
Mr. Butts has better idea but 4c covers It np
with a cumbersome mars Of rords. thuh +:
"yaluo may Io FREELY defined o. any property
OF ouniitv attaching to or Inherent III suc6 Oh
jcct which routlers it Desirable and enables II to
satisfy our wants" Tao nhraseo!ocy Of tn,s ia
very bad, and Il reicrp 10 Tue a1tho. ,oiuts Out,
only to material ihines. Still, Il is somesLinr Of
an advance On Uasslat'a narrow uoauition. Bel
ter than oi,hcr Of them, however, il this !:
u Value is purchasing power" Witch recoruizcs
At onca both thn rolafire md the mi .nsie nnrt,
Of value.
Thero ii nothing e]so In h{r, Dutts' book which
ron,l1rcs auv notIcp. It ip above tIo nyorarn
roajet, xpd much below tic student.
LAWS OF HEagpsTY.
nEnrprrr: 4 lkrcnu,oo1cAL f3rupr Or tn ruExox.
ExA, LANE, CAUSES, AND CossEQuEacrn, FruEi1 tbc
French Of Ill. ntnor. Author ut Contemporary