Commonweal

Excerpt from The Commonweal: A Study of the Federal System of Political Economy At a time when the proper understanding of certain problems in Political Economy is of more profound moment to the British Empire than perhaps at any other juncture in its history, it is little short of a calamity that issues-the satisfactory determination of which depends upon an unimpassioned and rational study of this subject-should have been swept into the seething vortex of party political controversy. A further difficulty with which any writer is confronted to-day is the vast field over which the subject may be pursued, and the difficulty of deciding what portions of it to deal with, and what portions to avoid. For my own part I have attempted this formidable task only after visiting the United States, Germany, and some of the Colonies chiefly concerned; and, after endeavouring to study, so far as was practicable, the fiscal systems in vogue on the spot. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.