250
POLITICAL ECONOMY
sheep from herds of deer, and the notion that
labour has a supply price for each purpose
may seemingly stand exposed as a pure
fabrication ; and, watching the course of a
labour dispute, after the most patient and
microscopic scrutiny, he may detect not the
faintest reference to the marginal worth of
labour, but, on the contrary, be rudely forced
against his armchair convictions to adopt the
view that the success of the men depends
upon the financial resources of their union,
the astuteness and vigour of their chief officials
and the pliability of employers. All that
may thus be seen is real—fact which is not to
be blinked—but to wipe out the refinements of
theory when we admit this is like refusing to
believe in radio-activity because we cannot
observe it with the naked eye. The most
highly endowed and best trained scientific
mind will accept every theory to which reason
compels assent, however dilatory and minute
the tendencies covered by it, and at the same
time reject no facts, however individual and
exceptional, because they seem to be outside
accepted theories. A complete Economic
Science may be imaged as a weird pyramid
with an extensive base (of the earth earthy),
made up of tangible facts just theorised
enough to hold together, but an apex (rarefied