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73to tell Your Honor that, in spite of his polite assertions, he has not made a verygood showing. Two months ago he published the sixth and last volume of hisCours d'Economie Politique et Practique. In section 8 he speaks about publicfinances, and in section 9 about auxiliary information that can be helpful to thepolitical economist: e.g., the relationship between statistics and politicaleconomy; the primary and secondary organs of social economy; and finally,a sketch of the progress of political economy, divided into five periods. N.B.Not without reason, he has assigned no precedence to any of these periods otherthan numerical precedence. The first period deals with antiquity; the secondis especially concerned with the mercantile system; the third discusses theSchool of Quesnay; 84 the fourth considers the School of Smith; 85 in the fifthsection he seems to be speaking about the Say School although he shies awayfrom naming it explicitly. In this last section he discusses recently publishedbooks and their authors. Here he very adroitly plays down the merits of others[e.g. he lumps Storch 86 and Culloch 87 together. He considers them importantfor Political Economy, but does not consider them to be good authors], whilenotably advancing his own. Further, whereas he devotes one whole page tothe praises of his friend Drotye, 88 [who published his manual after YourHonor's was already in print], he makes no mention at all of Your Honor'sbook. Thus he quotes from Drotye's book: "There are so many opinions inpolitical economy because on every question there are true and false opinions."However Your Honor is not alone. Ganilh 89 and a number of German authors,84 Francis Quesnay (1694-1774) - a French economist, originator of the theory of so-called―physiocracy‖, which he describes in his work Tableau Economique.85 Adam Smith (1723-1790) - an eminent English economist. His principal work is The Wealth ofNations, 1776. He preached that it is in our own interest to help others.86 Henry Storch (1766-1835) - A German-born economist, tutor of the Tsar's children. He wrotein French. His principal work is Cours d'Economie Politique, 1815,in four volumes87 John Ramsey MacCulloch (1789-1864) - An English economist, professor at the University ofLondon, and later a high official in the Stationary Office; author of Dictionary of Commerce andCommercial Navigation, London, 1830, and Principles of Political Economy, London, 1849.88 Drotye - little-known French economist.89 Charles Smith (1858-1836) - A German-born politician and economist who wrote in French atParis; author of several works in the field of economy.

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