Bad Times – An Essay on the Present Depression of Trade With Suggested Remedies By Alfred Russell Wallace

March 15, 2010

PREFACE.

The present work was written last March, in competition for the Pears prize of one hundred guineas for the best essay on the present depression of trade. It did not obtain the prize, and it is therefore now submitted to the judgment of the public — and more especially of the working classes, with some additional matter in the earlier chapters which could not be compressed within the limits assigned to the competing essays.

As our existing land-system in its relation to depression of trade is somewhat fully treated in the following pages, this seems the proper place to state that twelve years of the writer s early life were spent in active employment as a land-surveyor and valuer, during which time he lived chiefly among farmers and country people in various parts of England and Wales. The interest in agriculture and rural life then acquired has been supplemented by observation and study during recent years ; and in now coming forward as a writer on the land question he is not — as is generally assumed by his critics — taking up a new and unfamiliar subject, but is returning, with wider experience and more matured judgment, to one which occupied much of his attention during the best years of his early life.


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