WCP2664

Letter (WCP2664.2554)

[1]1

295 WASHINGTON STREET,

Opposite The Old South.

Boston, Mass.,

Dec. 18, 1885

Dear Sir, —

I bought your book on "Bad Times"2 in a book shop here, and liked it so much that I wrote the enclosed little notice. It is a hopeful sign to me that English gentlemen begin to write on affairs without much regard to the dreary, dismal, ill-logical and wholly unscientific dogmas of Ricards and Hill. For this reason I was much pleased with Mr. J. K. Ingram’s3 article on Political Economy in the Encyclopaedia Britanica: it was historical not dogmatic. And it is for scientific reasons that I view a divorce of wealth and political economy from ethics as fraught with mischief. I thank you sincerely and heartily for your book. If it was not immodest, I should have called your attention to one or two errors of fact.

Most truly yours | C. W. Ernst4 [signature]

Mr. A. R. Wallace

Printed letterhead reads, “The Beacon. SOCIETY, LITERATURE, ENTERTAINMENT, ILLUSTRATED. SINGLE COPIES 5 CENTS…. 2.50 PER ANNUM. PUBLISHED EVERY SATURDAY MORNING.

CYRUS A. PAGE, Publisher,

C. W. ERNST, Editor.”

Wallace, A. R. 1885. Bad times: an essay on the present depression of trade, tracing it to its sources in enormous foreign loans, excessive war expenditure, the increase of speculation and of millionaires, and the depopulation of the rural districts; with suggested remedies. London & New York: Macmillan & Co.
Ingram, John Kells (1823-1907). Irish mathematician, economist and poet.
Ernst, Carl Wilhelm (1845-1919). Editor of the Boston Beacon.

Please cite as “WCP2664,” in Beccaloni, G. W. (ed.), Ɛpsilon: The Alfred Russel Wallace Collection accessed on 5 June 2025, https://epsilon.ac.uk/view/wallace/letters/WCP2664