Now although the data for accurate measurement of the national income are somewhat slender, there is no very wide discrepancy in the results reached by the most skilful statisticians.

For practical purposes we may regard the sum of L1,800,000,000 as fairly representing the national income.

But when we put the further question, "How is this income divided among the various classes of the community ?" we have to face wider discrepancies of judgment.

The difficulties which beset a fair calculation of interest and profits, have introduced unconsciously a partisan element into the discussion.

Certain authorities, evidently swayed by a desire to make the best of the present condition of the working-classes, have reached a low estimate of interest and profits, and a high estimate of wages; while others, actuated by a desire to emphasize the power of the capitalist classes, have minimized the share which goes as wages.