(Carbon copy.)
E. I. Coll. - Thanks WW for his latest piece on political economy ['Mathematical Exposition of Some of the Leading Doctrines in Mr Ricardo's 'Principles of Political Economy and Taxation'', 1831]: 'I have not been in the habit latterly of reading algebraic language, but as far as I can judge from a cursory perusal you appear to me to have accomplished very clearly and distinctly what you have proposed. The grand difficulty as you justly observe is in regard to the postulates; but it is still a matter of very great importance to be secure that no error creeps into the subsequent reasonings, and it must be allowed that Ricardo did not always draw correct conclusions from his premises. With regard to foreign trade and the level of the precious metals, I think you have correctly apprehended the doctrine of Ricardo on the subject which by the bye was mine, before it was his; and we used to have conversations on the subject after I had stated the general principle in a note to my pamphlet on rent 2 years before he published his work. You are aware I think from what you say latterly, that the effect alluded to does not depend merely on manufacturing skill, but on any causes which give to a particular country great relative advantages in its exportable commodities. These advantages are now possessed by the United States and are derived from the abundance of its exportable raw products. It seems obvious that no nation could maintain a higher money price of labour than those with which it was connected by commerce, unless from some facilities, agricultural, manufacturing, or colonial, it could buy the precious metals with less labour than its neighbours, various causes may tend to same prices - the scarcity of labourers[,] the greater rapidity of circulation, the influx of paper etc. but the exchanges will soon lower them again, if they cannot be maintained by some peculiar superiority, natural or acquired; and as white paper is exchangeable for gold an increased issue of paper cannot take place without a tendency from other causes to an influx of the precious metals. I do not know that an issue of paper, though it will tend to prevent such influx will materially alter the question in regard to prices. But certainly no specific conclusion can be drawn as to the increased quantity of the circulating medium, as it is not only difficult but absolutely impossible to say what is the quantity required for the circulation of any country, the whole being relative, and depending upon the exchanges with other counties'. TRM is gratified by the level WW and Richard Jones hold his work on Political Economy: 'I confess I felt that when I almost stood alone in my differences with Mr Ricardo [I] was compared to Dr Priestly amidst the new discoveries [of] chemistry, it would not finally be so. But I was hardly prepared to expect that in so short a time as has since elapsed, one of the questions in the political economy club should be 'whether any of the principles first advanced in Mr Ricardo's work are now acknowledged to be correct? My apprehension at present is that the tide is getting too strong against him; and I even think that Mr Jones is carried a little out of the right course by it. In his zeal to shew that Mr Ricardo is quite wrong, which he certainly is, in dwelling upon the diminished whims of agricultural capital as the sole cause of incurring rents, he seems indeed to deny the undoubted truth of the natural tendency to such diminished whims in a limited space, unless prevented by improvement in agriculture or manufactures. Were there no such tendency, and had not such a tendency frequently operated, no adequate reason can be given why the accumulating capitals of a new colony should not continue to be applied to the lands first occupied, or why the inhabitants of the Eastern states of America are now emigrating in such numbers to the Western. The tendency to diminished returns must be the general principle, though after wages and profits have in old countries been reduced to a certain point, the further increase of rents may as I have stated be almost wholly derived from improvements. But supposing wages and profits to have been once very high, as they are in prosperous new colonies, they must full in the progress of population and cultivation; and there is no proportion of the truth of which I feel a stronger conviction than that, if the real wages in any country are so ample as to occasion no difficulty whatever in supporting the largest family, and the rate of accumulation from high profits is such as to afford the means, for many years, of paying them wages, it is impossible that the country can go on and become fully peopled without a considerable fall both after wages and profits, which fall will of course go to rents. According to the observed laws of nature do not all plants and animals increase in a geometrical ratio unless interrupted by difficulties of some kind or other. Excuse this long letter written in a hurry. I go tomorrow morning. We shall be most happy to see you here'.
Taken by Herbert Lambert, Bath.
Ticks, some crossed through, and other annotations in pencil and red crayon. Many items are marked 'B'; a note states that these were bequeathed to Trinity by Rev. G. A. Browne, Vice-Master, in 1843. Signature of Anatole von Hügel [Curator of the Museum of Archaeology and Ethnology] acknowledging receipt of items on 27 May 1914 at the bottom of the sixth sheet. The last sheet is a note by C. B. Hurry, Sub-Librarian, listing items which were found some years after 1914 'tucked away in dark corners' and 'sent (as part of the loan of 1914)' to the Museum of Archaeology and Ethnology on 5 May 1924.
Letter, 15 Oct. 1883, from J. W. L. Glaisher to the mother of a young man who may wish to become a student at Trinity, explaining what needs to be done to seek admission, the unlikelihood of his getting a college room in his first year, and the difficulty of estimating an undergraduate's expenditure. Enclosing a printed sheet with information on the entrance examinations to be held in Jan. 1884; a certificate at the bottom is to be to be filled in and returned to the College Tutor. There is also a printed folded sheet with information relating to non-collegiate students at Cambridge.
The prospective student is most likely William Hastings Bagshaw, son of William Edward Bradshaw of Pitt Place, Epsom, given the provenance of the documents; he was admitted as a student at Cambridge in October 1884, but at Pembroke rather than Trinity. His mother was Maria Roberts Bagshawe.
Illness of Georgina Allix Mayor, visit to [Mary Anna Mayor] [enclosed with B21/10]
Bertram Robert Mayor's accident in a coach, Robert B Mayor broke down during his sermon
38 Clarges St. - Sets down enquiry which Milnes agreed to place before Mignet or Guizot; found reference in the second edition of the Handbook of Spain, which does not favour Mignet; will write separately if appropriate. Appends enquiry about obtaining access to Gonzalez' abstract of letters written by companions of Charles V to Secretary Vasquez, said to be in Mignet's possession, for a life of Don Juan of Austria.
Comfortably situated at Galle, description of the area, Samuel Lambrick confronts an elephant, cultivation of rice, curry the staple diet, local economy capable of improvement, local fruit and vegetables, many of the locals have been baptized but are ignorant of the Gospel, local Buddhists, Benjamin Ward in Carpentayn, engaged in establishing schools: Point de Galle
Offer of presentment to the incumbency of Acton with Davenham, description of parish, would like to see John Cooper presented to Coppenhall, comparison of the two parishes, will have the support of local landowners at Acton: Coppenhall nr Nantwich
Leigham - Will be pleased if the parents to whom Blakesley has recommended him send their children to his school as he now has only 5 pupils, has become curate of Egg Buckland, unsuccessful attempt to gain a valuable hereditary living in Gloucestershire, has visited North Wales
12 Dee St, Aberdeen. - Acknowledges the receipt of Lady Onslow's cheque in payment for the rent of Riverston.
On similar subject to 'The particles of physics: what kind of pattern?' 13 pp. typescript, n.d. early 1950s.
(An engraved form, filled up by hand, including an engraving of the Museum by E. H. New, 1910.)
Finds his wife [Isla Blair] whom Peter doesn't know, has written the letter he wanted to write, as an acquaintance of Peter's; 'The Battle of Shrivings' is the play he has been waiting for, one that addresses the issues of the times, without imposing a solution; finds that it picks up themes from 'The Royal Hunt of the Sun' and explores them, watched an interview with Peter on television and hopes he won't abandon the idea of a play addressing the Faust problem; played Atahuallpa in Bristol and was grateful to get close to the text and Peter's mind; will be going again to the play with his mother.
A mix of green duplicated typescript and original typescript pages heavily revised by Shaffer. The title, on a duplicated typescript page, has been changed from 'The Battle of Shrivings' to 'Shrivings.'
Folder labelled "Yonadab Oxford Revisions and my re-structure," and includes pages of revisions to the published text, as performed by Oxford University Dramatic Society, Oxford Playhouse, 31 January - February 1995.
Includes 3pp typescript entitled 'A Note on the Plane Wave in an Isotropic Dielectric' by S. Ray, 2 April 1921.
Comb binding includes a letter from Rosenthal to Shaffer dated 5 Apr. 2013 inviting emendations. Shaffer has revised the pages throughout.