MR. HERBERT SPENCER says: "I have learned much from your sketch of Adam Smith's life and work. It presents the essential facts in a lucid and interesting way. Especially am I glad to see that you have insisted upon the individualistic character of his teaching. It is well that his authority on the side of individualism should be put forward in these days of rampant Socialism, when the great mass of legislative measures extend public agency and restrict private agency; the advocates of such measures being blind to the fact that by small steps they are bringing about a state in which the citizen will have lost all freedom." End of the Project Gutenberg EBook of James Frederick Ferrier, by Elizabeth Sanderson Haldane