xxil PREFACE. which no subsequent severity of logic could compensate. Perhaps these remarks will serve to explain how it is, that Mr. Ricardo has been eulogized for his inexorable consistency in the use of words, and particularly for his sternly insisting on the true sense of the word value, and on using it only in one sense*. If the author of the following pages has been at all successful, in establishing the justdess of the strictures which he has hazarded, this praise must be al- lowed to be unfounded ; for itwill be seen, that in the case of the word value he has almost perpe- tually forsaken his own definition : yet an incon- sistency of this sort is by no means incompatible with a general strictness in the employment of terms. If the preceding observations are cor- rect, a writer may be rigorously consistent in * Templars’ Dialogues, Introduction.