ABSTRACT
The importance of education, which he saw as having a great potential to alleviate the condition of the poor, was something on which McCulloch laid continual stress.3 At first he adopted the Malthusian position that this was the most essential factor in solving the problem of popula-
pp. 600-3; WN 1855, pp. 612-13; CD 1844, pp. 335-6; CD 1847, p. 354; CD 1852, p. 355; CD 1854, p. 357; BD 1842, p. 250; LPE, pp. 94, 98; Statistical Account, 1847, Vol. II, p. 532; EB8 Emigration, p. 652; Merivale, op. cit., pp. 395-6; see also Malthus' letter to Horton of August 25, 1830, reprinted in Ghosh, op. cit., pp. 57-60, p. 5 9 - there seems to have been a fair measure of agreement between McCulloch and Malthus on this issue. McCulloch himself recognized the inevitability of concentration of population in a manufacturing economy (see e.g. Statistical Account, 1854, Vol. I, p. 404) but the colonies were agricultural economies.
