ABSTRACT
The regulations under which this Professorship is placed make it impossible for the person holding it to attempt any thing like a regular course of instruction in Political Economy. Public attention has been awakened to the subject by the lectures which have been delivered from this chair. If the lectures delivered in this place have the effect of introducing among those receiving their education, a habit of reasoning on questions connected with Political Economy, the Lecturer has not spent his time altogether in vain. Capital is expended in that manner in which the greatest assistance is given to labour; and if all the capital in the country could be expended in this way, the exchange between the powers of capital and labour would be regulated by the amount of this assistance.
