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Principles of Political Economy, Vol. 2

Editorial note — Chapter III

John J. (John Joseph) Lalor translation

Ure, Philosophy of Manufactures, 476. After an enthusiastic eulogy of high wages, McCulloch remarks especially that the English poor rates cost more than if the laborers were obliged to provide for themselves by getting higher wages. (Principles, III, 7.) Sad results of the system which came into vogue in the South of England in 1795, to supplement wages according to the price of corn and the number of children. Previously the laboring classes married only after the age of 25 and even at 35, and not until they had saved from £40 to £50. After the above mentioned system was adopted, even minors married. (Edinburg Review, LIII, 4, 7.)

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