L'i//

POLITICAL
ECONOMY

BY
S.  J.  CHAPMAN,  M.A.,  M.Com.
PiofeFsor  of  Political  Economy  and  Dean
cf  the  Facul  y  cf  Commerce  and
Administration  in  the
University  of  Manchester  ;
Author  of
"  T  he  Lancashire  Cotton  Industry.”
“  Wages  and  Employment,"  etc.

LONDON
WILLIAMS  AND  NORGATE