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NEIV AND OLD.

BY

WILLIAM GRAHAM, MA,
PROFESSOR OF POLITICAL ECONOMY AND JURISPRUDENCE, QU'EEN'S COLLEGE,

BELFAST.

LONDON:
KEGAN PAUL, TRENCH, TRUBNER & CO., LTD.,

1890

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PREFACE.

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IN a former work written by the author, entitled "The Social Problem," the various forms of existing Socialism were briefly considered as proffered solutions of the Social Problem. In the present work the whole subject of Socialism is considered more fully (especially from the historical and economic side) than the scope of the former work allowed. The book is thus a new and independent work ; though in the chapters on “Practicable StateSocialism” the reader of the present volume who may by chance have read the former one, may observe a certain similarity in the conclusions reached, as compared with those in a chapter of the carlier work dealing with specific social remedies. On the other hand, hc may note a greater definiteness in the statement of certain conclusions, and possibly even-a difference of a more essential kinda qualification of some of the results formerly sct

forth. Where there is really such a difference-as to some, though not to a considerable extent there isthe conclusions here given are to be taken as the author's more matured opinion on the subject.

I have to express my thanks to Mr. Goddard H. Orpen, of Lincoln's Inn, for his careful reading of the proofs while passing through the press, as well as for suggestions and criticisms which assisted me to make improvements in particular parts of the book.

LONDON, July 29, 1890.

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