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Blackwood's Edinburgh Magazine, Volume 63, No. 387, January, 1848
"Experience," says Dr Johnson, "is the great test of truth, and is perpetually contradicting the theories of men." "If an empire," said Napoleon, "were made of granite, it would soon be reduced to powder by political economists." Never was there a period when the truths stated by these master minds were so clearly and strikingly illustrated as the present; never was there an epoch when the necessity was so fearfully evinced of casting off the speculative dogmas of former times, and shaping our course by the broad light which experience has thrown on human transactions. If this is done, if wisdom is learnt by experience, and error expelled by suffering, it is yet possible to remedy the evils; though not before a frightful and yet unfelt amount of misery has been encountered by the people. For the last thirty years, the liberal party have had the almost uncontrolled direction of the affairs of the nation. One by one, they have beat down all the ancient safeguards of British industry, and given effect to the whole theoretical doctrines of the political economists. So complete has been their ascendency in the national councilsso entire in general the acquiescence of the nation in their direction, that without one single exception ALL their doctrines have been carried into practice; and the year 1847 exhibits a fair, and it may be presumed average result of the liberal system when reduced into execution. The result is so curious, its lessons so pregnant with instruction, its warning of coming disaster so terrible, that we gladly avail ourselves of the opening of a new year, to portray them in a few paragraphs to our readers. ......Buy Now (To Read More)
Ebook Number: 58979
Author: Various
Release Date: Feb 28, 2019
Format: eBook
Language: English
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