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THE

PRINCIPLES

OF

POLITICAL ECONOMY

APPLIED TO

THE CONDITION, THE RESOURCES, AND THE INSTITUTIONS

OF THE AMERICAN PEOPLE.

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ALFORD PROFESSOR OF MORAL PHILOSOPHY AND CIVIL POLITY

IN HARVARD COLLEGE.

" It is not that a Duke has 50,0001. a year, but that a thousand fathers of families have 501. a
year, that is true national wealth and well-being.". - LAING.

SECOND EDITION.

BOSTON:

LITTLE, BROWN, AND COMPANY.

18 5 9.

Educt 920, 59.225

HARVARD COLLEGE LIBRARY

BY EXCHANGE

TEB 12 1932

Entered according to Act of Congress, in the year 1856, by

FRANCIS BOWEN,

in the Clerk's Office of the District Court of the District of Massachusetts.

UNIVERSITY PRESS, CAMBRIDGE:
WELCH, BIGELOW, & co., ELECTROTYPERS AND PRINTERS.

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BY SAGACITY, ENTERPRISE, AND UPRIGHTNESS IN ALL THEIR UNDERTAKINGS,

AND HAVE DIGNIFIED IT

BY THE MUNIFICENCE OF THEIR CHARITIES,

AND BY THEIR LIBERAL SUPPORT OF LETTERS, SCIENCE, AND THE ARTS,

THIS WORK IS RESPECTFULLY INSCRIBED.

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