But if the phenomenon is so complex and extensive as a continuous fall
of prices, direct observation or experiment is a useless or impossible
method; and we must then resort to Deduction; that is, to indirect
Induction. If, for example, we take the hypothesis that the fall is due
to a scarcity of gold, we must show that there is a scarcity; what
effect such a scarcity may be expected to have upon prices from the
acknowledged laws of prices, and from the analogy of other cases of an
expanded or restricted currency; that this expectation agrees with the
statistics of recent commerce: and finally, that the alternative
hypothesis that the fall is due to cheaper production is not true;
either because there has not been a sufficient cheapening of general
production; or because, if there has been, the results to be rationally
expected from it are not such as to agree with the statistics of recent
commerce. (Ch. xviii.)
But now suppose that, a phenomenon having been suggested for
explanation, we are unable at the time to think of any cause--to frame
any hypothesis about it; we must then wait for the phenomenon to occur
again, and, once more observing its course and accompaniments and trying
to recall its antecedents, do our best to conceive an hypothesis, and
proceed as before. Thus, in the first great epidemic of influenza, some
doctors traced it to a deluge in China, others to a volcanic eruption
near Java; some thought it a mild form of Asiatic plague, and others
caught a specific microbe. As the disease often recurred, there were
fresh opportunities of framing hypotheses; and the microbe was
identified.
Again, the investigation may take a different form: given a supposed
Cause to find its Effect; e.g., a new chemical element, to find what
compounds it forms with other elements; or, the spots on the sun--have
they any influence upon our weather?
Here, if the given cause be under control, as a new element may be, it
is possible to try experiments with it according to the Canons of
Inductive Proof. The inquirer may form some hypothesis or expectation as
to the effects, to guide his observation of them, but will be careful
not to hold his expectation so confidently as to falsify his observation
of what actually happens.
But if the cause be, like the sun-spots, not under control, the inquirer
will watch on all sides what events follow their appearance and
development; he must watch for consequences of the new cause he is
studying in many different circumstances, that his observations may
satisfy the canons of proof. But he will also resort for guidance to
deduction; arguing from the nature of the cause, if anything is known of
its nature, what consequences may be expected, and comparing the results
of this deduction with any consequent which he suspects to be connected
with the cause. And if the results of deduction and observation agree,
he will still consider whether the facts observed may not be due to some
other cause.
Public-domain text, read in full here on John Shaqi.
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