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 either incapable of correcting proofs or calmly indifferent to errors: his pages bristle with misprints and grammatical solecisms; he mangled quotations so strangely that it is difficult to explain how he contrived to do it, and, as he rarely gave references, the task of identifying and correcting was very laborious. Mr. Morgan's zeal was equal to the difficulty, and a British author again owes to an American the first performance of a valuable service. No one can read the collected works without recognising the singular versatility and vivacity of Bagehot's intellect. It is remarkable, says Bagehot, that Ricardo had already made a fortune and transformed the science of economics when he died at the age of fifty-one. Either performance might have been a sufficient life occupation. Bagehot died at precisely the same age, having been a successful man of business, an energetic journalist, and the author of treatises which made a mark upon political, economical, and sociological speculation. Whatever the value of Bagehot's theories, his literary faculty was, of course, incomparably superior to Ricardo's. His books confirm what his friends tell us of his conversation. His mind was so alert, his interest in life so keen, and his powers