It may be alleged. indeed. that as a universal trader. England wouldhave done much better with the double valuation. You may. or may not. be disposed to attach some value to these remarks respecting the systems of valuation. but you may think that America. so favorably situated as regards emigration and resources. need not regard the delicate distinction in the matter. But if the remarks here made are true. and if you bear in mind that in many matters of social truths we look to America with great hopes and watch her example. you may feel disposed on cosmopolitan grounds to consider the matter. On national grounds you may also come to the conclusion that inasmuch as many of the most thickly populated and industrial districts of America resemble districts in Europe. and have before them an extensive future. the effects here set forth are worth guarding against.
Keywords matched
emigration