SEARCH
0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Prev | Current Page 214 | Next

Babbage, Charles, 1792-1871

"On the Economy of Machinery and Manufactures"

2 4 2 3 24 22 21
Blistered steel cwt 50 0 44 0 38 0
2s. nails cwt 32 0 28 6 22 0 17 0 16 6

203. I cannot omit availing myself of this opportunity of
calling the attention of the manufacturers, merchants, and
factors, in all our manufacturing and commercial towns, to the
great importance, both for their own interests, and for that of
the population to which their capital gives employment, of
collecting with care such averages from the actual sales
registered in their books. Nor, perhaps, would it be without its
use to suggest, that such averages would be still more valuable
if collected from as many different quarters as possible; that
the quantity of the goods from which they are deduced, together
with the greatest deviations from the mean, ought to be given;
and that if a small committee were to undertake the task, it
would give great additional weight to the information. Political
economists have been reproached with too small a use of facts,
and too large an employment of theory. If facts are wanting, let
it be remembered that the closet-philosopher is unfortunately too
little acquainted with the admirable arrangements of the factory,
and that no class of persons can supply so readily, and with so
little sacrifice of time, the data on which all the reasonings of
political economists are founded, as the merchant and
manufacturer; and, unquestionably, to no class are the deductions
to which they give rise so important.


Pages:
202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226