Note 42 — LETTERS ON POLITICAL ECONOMY.
Reading edition
The articles alluded to were, one upon "Strikes and Arbitration Courts," in the Gazette of Wednesday, the 12th, and the one on "The Times on Trade Arbitration," in the Gazette of Thursday, the 13th. The former dealt with the proposal to decide questions raised by strikes by reference to courts of arbitration. Amongst the sentences contained in it, and alluded to by Mr. Ruskin, were the following: "Phrases about the 'principles of right and justice' are always suspicious and generally fallacious." "The rate of wages is determined exclusively by self-interest." "There is no such thing as a 'fair' rate of wages or a 'just' rate of wages."