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Economic Liberty versus Political Power

Below we append a letter received from a correspondent bringing forward the above point for answer.

We read in "Economics of Labour" (H. Quelch) p 10, "attempts to secure political power without economic freedom meet with but sorry success," and earlier in the same book (p 4) "it may not be impossible to secure economic liberty by the exercise of a mere shadow of political power which is possible in a state of economic dependence, but it is certain that this shadow of political power has frequently erected nothing in the way of economic liberty, while it is equally certain that men have never long possessed economic freedom without effectually freeing themselves from all political, social or religious disabilities."

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