ABSTRACT
HIGH WAGES NOT INVARIABLY ACCOMPANYING GREAT CAPI TAL.—GREAT CAPITAL AND LOW WAGES IN CHINA.— SMALL CAPITAL AND HIGH WAGES IN AMERICA.—ADVANTAGES OF NEW-SETTLED COUNTRIES.—POVERTY THS NA TURAL CHECK TO POPULATION.—GREAT POPULATION ADVANTAGEOUS ONLY WHEN RESULTING FROM PLENTY.—INCREASING WEALTH PREFERABLE TO ANY STATIONARY CAPITAL.— MISTAKE IN ENCOURAGING POPULATION.—POPULATION OF MANUFACTURING TOWNS.—INDUSTRY.— PIECE-WORK.
