Note 61 — LETTERS ON POLITICAL ECONOMY.

The article, or rather letter, dealt with a paper on "The Labor Movement" by Mr. Goldwin Smith in the Contemporary Review of December, 1872, and especially with the following sentences in it: "When did wealth rear such enchanted palaces of luxury as it is rearing in England at the present day? Well do I remember one of those palaces, the most conspicuous object for miles round. Its lord was, I dare say, consuming the income of some hundreds of the poor laboring families around him. The thought that you are spending on yourself annually the income of six hundred laboring families seems to me as much as a man with a heart and a brain can bear." W. R. G.'s letter argued that this "heartless expenditure all goes into the pockets" of the poor families, who are thus benefited by the selfish luxuries of the lord in his palace.