RECENT

ECONOMIC CHANGES

AND THEIR EFFECT ON
THE PRODUCTION AND DISTRIBUTION OF WEALTH
AND THE WELL-BEING OF SOCIETY

BY

DAVID A. WELLS, LL. D., D. C. L.

MEMBRE CORRESPONDAN DE L'INSTITUT DE FRANCE; CORRESPONDENTE
REGIA ACCADEMIA DEI LINCEI, ITALIA; HONORARY FELLOW
ROYAL STATISTICAL SOCIETY, G. B.; LATE UNITED STATES
SPECIAL COMMISSIONER OF REVENUE, AND PRESIDENT
AMERICAN SOCIAL SCIENCE ASSOCIATION, ETC.

ΤΟ

D. WILLIS JAMES,

THE ENTERPRISING AND SUCCESSFUL MERCHANT,

THE PUBLIC-SPIRITED CITIZEN,

THE WISE AND GENEROUS PHILANTHROPIST,

THIS VOLUME IS RESPECTFULLY

Dedicated

BY THE AUTHOR.