"REMEMBER THAT STATISTICAL AND POLITICAL KNOWLEDGE ALONE DISTIN

GUISHES THE TRUE MERCHANT FROM THE MERE TRADESMAN, AND GUIDES HIM * * A MERCHANT FAMILIAR WITH THE PRODUCTS

IN HIS UNDERTAKINGS.

*

OF A COUNTRY, ITS RESOURCES, ITS COMMERCIAL AND POLITICAL RELATIONS WITH OTHER COUNTRIES, IS MUCH LESS LIKELY TO ENTER INTO SPECULATIONS BASED ON FALSE IDEAS, AND THEREFORE OF DOUBTFUL ISSUE."

LOUIS AGASSIZ. (1827.)