But the declaration is illusory in the extreme.

No country can be happy and prosperous whose "mudsills" live in squalor, want, misery, vice and death.

If Great Britain is happy and prosperous, how shall we account for the constant strikes of labor organizations for higher pay or as a protest against further reduction of wages below which man cannot live and produce?
The balance of trade desire is the curse of the people of the world.

It can be obtained only by underbidding other people in their own markets; and this can be done only by the maximum of production at the minimum of cost--by forcing as much labor out of the man or the machine as possible at the least possible expense.
There is death in the theory; death to our own people and death to the people with whom we compete.

When a people no longer produce those articles which are absolutely necessary to sustain life the days of such people may be easily calculated.
Men talk daily of "over production," of "glutted markets," and the like; but such is not a true statement of the case.