The Social Aspect of Trade Depression (Classic Reprint)

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Excerpt from The Social Aspect of Trade Depression The depression of trade under which the country suffers has continued for so long a time, exists under conditions so different from those of any preceding seasons, and is as yet so unmitigated in its severity, that it may well be said to form an epoch in the commercial history of our country, the more so that it is now accompanied by an equally serious state of depression in agriculture. Whether this sister form of suffering be the occasion or the result of that which affects trade, or whether it be a fortuitous occurrence that the two should accompany each other, there can be no question that it complicates the matter greatly, causes it to exercise a greater influence over a wider area than did either exist without the other, and renders the present period a more marked one as it affects the social position in which the country stands. An enquiry into the special facts relating to either trade or agricultural depression falls properly within the province of the statistician, just as the investigation of the causes from which they spring, and the remedies with which they should be met, belongs to those who are versed in the principles and practice of political economy. Although neither of these lines of research lies without the range of subjects which may be followed by a Social Science Congress, it is not with them that it is proposed to deal on this occasion, but rather to take the condition of things as they now stand, and to consider briefly the social state as thus presented to our view. Some little allusion, however, to the history of the case, and some attention to its special circumstances are absolutely necessary to an understanding of the social condition we have to consider. 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.