unless he can carry with him this master-principle, so necessary to a right use of the theory of the science, it is far better and safer for those whose interests he directs that he should be wholly ignorant of it, and should trust altogether to common-sense and experience. There is a very manifest disposition at present, to extend the jurisdiction of political economy to all public questions--to take it for granted that, when a case has once been argued and decided according to its laws, there is no more to be said on the subject. We are apt to forget that there is in all cases an appeal to another court, where the inquiry is not as to what is most favourable to the production of exchangeable Wealth, but what most conduces to the Happiness of the people; and that, still beyond, there is the last supreme tribunal on earth of all human actions, where there is but one law--the universal law of Morality. Are these three jurisdictions identical? Or are the decrees that issue from them necessarily in harmony with each other? So, at least, we are told by those who take the strongest view of the importance of political economy. Their doctrine is, that whatever promotes one of these objects promotes the others; and that wealth, happiness, and virtue, though distinguishable in thought, are mutually and reciprocally united in the history and experience of nations. To buy cheap and sell dear is the way for a man to get rich; but the riches of individuals in the aggregate form national wealth, national wealth produces civilisation, civilisation promotes happiness and contentment, and happiness and contentment promote virtue--such is the sorites on which is founded the creed of a very large section of the present school of economists. That country in which the means of production are most developed is the soil where the higher qualities of man's nature will be found flourishing in greatest perfection. Wealth, then, is the principal thing in the guidance of private conduct, as well as in the government of nations; and with all our getting, the chief concern is to get capital. It is this disposition to submit everything to the test of productiveness that Sismondi has so aptly designated by the title of _chrematism_. The views of that great and philosophic writer, as to the inevitable tendencies of the doctrine, have been already fully explained in our pages.[28] We allude to them now only to observe how remarkable a confirmation of his opinions is furnished by the history of the great Continental states since that review of his doctrines was written.