WCP3027

[1]¹

Malvernbury

G[rea]t Malvern

May 5 1879

Dear Sir

You cant define "unfair competition" — my definition would be "inequality of taxation on home & foreign produce" — all round you will find it hold[s] water.² -

Hypothetical cases shew a principle as well as actual cases, but Cases [2] of the kind are best stated as ABC cases.

No such result would necessarily follow as you suppose in the case of ale — all depends on taste water climate &c.

And if you come to "La prop[r]iete ce’st le vol"³ — It seems to me a maxim which if it became popular might become rather dangerous to a state.

I am inclined to the opinion that the existence [3]⁴ of men in a community depends on security[?] And[?] what[?] blun belongs to such should not be taken away & given to somebody else without his consent & without paying for it — so that here we must agree to differ.

Yrs faithfully

E S[?] Cayley⁵ [signature]