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after winning various distinctions, took his degree of M.A. at the University of London. In 1866 he was appointed Professor of Logic and Philosophy, and Cobden Lecturer in Political Economy at Owens College, Manchester, and in 1876, on being appointed Professor of Political Economy in University College, London, he resigned his appointment at Owens College. This last position he relinquished about a year ago, in order to devote himself more entirely to literature. Of the numerous economical and statistical essays, which date from a period prior to his connection with Owens College, a bare outline only can be given. They embrace “A Treatise on the Value of Gold," “Pure Logic, or the Logic of Quality," " Substitution of Similars the True Principle of Reasoning," · Elementary Lessons in Logic,” in 1871 the “ Theory of Political Economy,” in 1874 the “Principles of Science," and at a later period “Money and the Mechanism of Exchange." Beyond these there were various essays and contributions to the Statistical Society, including his enquiry into the rise of prices caused by the gold discoveries in Australia and California, an enquiry into the extent of the English coalfields, and his investigations into the conditions of our gold currency. The “Principles of Science" and the “Theory of Political Economy” will probably be regarded as his chief works; and, whilst these alone will stamp him as one of our ablest and soundest writers, his name is certain to be as long remembered by the masterly but shorter essays, each of which created immediately a wide-spread interest in the particular subject on which it treated. The remarkable accuracy of his calculations in connection with the gold currency, and their agreement with the results lately obtained by Mr. John B. Martin, were only lately the subject of comment. The name of Professor Jevons will long be remembered by students who find in such works as his “Money and the Mechanism of Exchange” difficult subjects made clear with admirable simplicity of style and language. A great charm in his works is the sense of perfect fairness always present. Although never shrinking from throwing in the weight of his matured judgment on one side of a question, he was equally ready to state the most telling arguments on his opponent's side. There was nothing of the partisan, and it was manifest that his judgment was the result of an exhaustive examination of the question on both sides and from all points of view.
The nation has lost in Mr. Jevons, and that too just at a time when he was at the height of his powers and had intended to devote his life to literature, a thinker of a rare order, and one who, when dealing with the complicated questions of the present time, examined them with a calm insight of great power, and discussed them in language which brought them within the comprehension of all. To the Bankers’ Institute he was always a staunch friend, and from the very first gave it the benefit of his advice : and even after his retirement from his professional duties he continued to act as an examiner. Singularly modest and retiring in his demeanour, he did not often speak in public, but when he did his words, as in his conversation, always gave some new freshness to the subject, and contained matter for thought. The whole civilized world will regret his untimely end, but those who were thrown into contact with him will alone know how much more he was to them than the economist or philosopher.
In £'s sterling, 000 omitted, thus :-£1,000 = £1,000,00 .
1882. 1882. 1882. 1882. 1882.
1881. July 27.
KATES OF EXCHANGE ON
LONDON. Paris, cheque
(par £1=25f. 221 c.) Berlin, 8 days
(par £1 = 20 m. 43 pp.). New York, 60 days
(par £1=$4.867) Calcutta, 4 in/d
1s. 83d. 1s. 77%d. 1s. 84. 1s. 83d. 1s. 8jd.
13.732 WEEKLY RETURNS.
1882. 1882. June 29. July 6.
1882. 1882. 1832. July 13. July 20. July 27.
1981. July 28.
£ £ £ £ 19,313 18,207 18,697 18,831 19,528 19,203 19,473 18,276 18,801 19,011 106,908 107,9903 109,259 108,297 107,451 12,976 13,134 12,839 12,593 12,481
£ 18,679 17,426 104,014 11,724
158,400 158,717 159,071 158,522 158,471
39,897 46,441 43,926 16,966 12,170
38,954 46,107 43,573 17,631 12,152
38,742 46,212 45,383 17,314 11,390
38,867 46,233 44,134 17,323 11,965
39,188 46,299 44,160 17,253 11.571
25,358 49,611 47,049 17,052 12,773
158,400 158,717 159,071 158,522 158,471 151,84.3
June 30. July 7. July 15. July 22. July 31.
In £'s sterling, 000 omitted, thus :-£1,000 = £1,000,000.
For the weeks
BANK OF FRANCE.
Rate of discount
IMPERIAL BANK OF
GERMANY. (Converting the reich-mark at 20 to
the £) LIABILITIES.
Notes in circulation
Coin and bullion
1015 61 d. 86-471
In £'s sterling 000 omitted, thus:-£1,000 = £1,000,000.
RATES OF EXCHANGE ON
LONDON. Paris cheque
(par 25f. 22}c.) Berlin, 8 days—
(par 20m. 43pf.) New York, 60 days—
(par $4.867) Calcutta, 4 m'd
1s. 8, d. 1s. 87.d. 1s. 8]. 1s. 8, d. 1s. sid. 18. did