Nihil Obstat.
REMIGIUS LAFORT, S. T. D.,
Censor.
Imprimatur.
JOHN CARDINAL FARLEY,
Archbishop of New York.
Copyright, 1916,
By THE MACMILLAN COMPANY
Set up and electrotyped. Published November, 1916.
TO
ARCHBISHOP IRELAND
in
Admiration and Gratitude
PREFACE
Five of the nine members of the late Federal Commission on Industrial Relations united in the declaration that the first cause of industrial unrest is, "unjust distribution of wealth and income." In all probability this judgment is shared by the majority of the American people. Regarding the precise nature and extent of the injustice, however, there is no such preponderance of opinion. Even the makers of ethical and economic treatises fail to give us anything like uniform or definite pronouncements concerning the moral defects of the present distribution. While the Socialists and the Single Taxers are sufficiently positive in their statements, they form only a small portion of the total population, and include only an insignificant fraction of the recognised authorities on either ethics or economics.