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THE SCIENCE OF FREE TRADE.

1. THE WEALTH OF NATIONS.

BY ADAM SMITH.

One volume octavo. Cloth, extra, $2.50.

"No library of Political Economy is complete without a copy of the corner-stone of the science." -The Wealth of Nations.

II.-ESSAYS ON POLITICAL ECONOMY.

BY FREDERIC BASTIAT.
16mo. Cloth, $1.

"The laws of an abstruse science have never been made more clear, or expressed more forcibly." -Cincinnati Commercial.

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"Unsurpassed in the happiness of its illustrations."-N. Y. Nation.
V.-PROTECTION AND FREE TRADE.

BY ISAAC BUTTS.

12mo. Cloth, with Portrait, $1.50.

"A clear and able statement of the case."-Springfield Republican.

ALSO,

SOCIAL ECONOMY.

BY PROF. J. E. THOROLD ROGERS.

Revised for American Readers. 12mo. Cloth, 75 cents.

An admirably clear and true exposition of social science.

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The above sent by post on receipt of price by the l'ublishers,

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ROGERS. Manual of Political Economy. By J. E. Thorold Rogers, formerly Professor of Political Economy, Oxford. Extra fep. 8vo. $1.25.

SMITH (Adam). The Wealth of Nations. A new edition with notes, by Prof. J. E. Thorold Rogers. Portrait-2 vols, 8vo. $7.

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UNIVERSAL LIFE INSURANCE CO.,

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(ORGANIZED 1865.)

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CHAS. P GRIFFIN, GENERAL MANAGER. SAM'L I. KNIGHT, SUPERINTENDENT.

"Pay as you go, get what you buy, stop when you choose."

COMMON SENSE AND FAIR PLAY IN LIFE ASSURANCE.

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Vice-President and Actuary.

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The New
New Century.

CORRUPTION:-THE CAUSE AND THE CURE.

The chief events of the centennial year have been, so far, the disclosures of corruption. So wide and so high has it reached, that it is become a national disease. Americans, abroad and at home, have been ashamed of their countrymen; it has required faith for them not to be ashamed of their country. Europe asks if this, then, is what comes of liberty.

Let us answer, No-this is what comes of being false to liberty.

In so far as America has doubted and departed from those principles of liberty and democracy which are the rock on which this nation is founded, so far she has been brought into danger and disgrace.

Our fathers made one terrible mistake. Aroused by unjust taxation, they proclaimed liberty and declared independence. But they left negro slavery, and they tolerated that "protectionist" doctrine which is itself a denial of the possibility of independence and an impeachment of the life-principle of our nation. They could not foresee, as we sorrowfully know, the awful results of this compromise with absolute principle.

This compromise has been our curse. It involved fratricidal war; it held the seeds of the corruption which has followed the war. It has brought us under bondage to our worst,—a bondage which is of all slavery the most tyrannous and the most dangerous.

The war was a triumph of liberty, and a blow to it. Having freed four millions of blacks, we forgot, in the pride of our great deeds, that we ourselves could be enslaved; we neglected that vigilance which our fathers warned us is the price of liberty. We fell an easy prey to the dishonesty of corruptionists; we permitted dishonest men and dishonest principles to rule in trade, and in politics we were willing that Custom House politicians should govern us and the country. It is all of a piece. Every man who lent himself to condone tricks in trade, to countenance reckless speculation, to compromise dishonest failures; every man who thought genteel smuggling and perjury smart, who could wink at another man's

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