Excerpt from Studies in History Economics and Public Law, Vol. 27
The following pages constitute a study that was commenced at the suggestion of Professor Seligman. There has hitherto been no systematic treatment of the economic policy of the administration of Robert Walpole and it was felt that here was a field for study. Care has been taken to arrange the economic facts in order, so that this monograph may be of some service as an economic history of the period. The writer trusts that he will be able to continue his studies and to treat other periods of the eighteenth century in a similar manner.
Among the different sources mentioned in the book, attention must be directed to the numerous pamphlets of the period. Much information has been obtained from the perusal of scores of these pamphlets. The writer feels very grateful to Professor Seligman for extending to him the privilege of his library which, with the exception of the British Museum, and perhaps the Fox well library, now in London, contains the best collection in existence of the pamphlet literature of the period.
It must be remembered that no pretense is made to any great originality of thought. The writer has indeed attempted to present the different economic theories arising from the discussion over the excise: but in this he does not claim any especial credit.
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