Thorstein Veblen Review author of: 'The Wheat Problem, Revised, with an answer to various Critics'. By SIR WILLIAM CROOKES, F. R. S. With chapters on the future wheat supply of the United States by C. WOOD DAVIS and JOHN HYDE. New York: G. P. Putnam's Sons, 1900. 12mo. Pp. xiii + 272. The Journal of Political Economy, vol. 8, No. 2 (Mar., 1900), pp. 284-286. --------------------------------------------------------------------------- A secondary purpose of Sir William Crookes's essay on "The World's Supply of Wheat" apparently is to call attention to his experiments in the fixation of nitrogen. These experiments may well have a grave significance for the future food supply, or at any rate the question of the artificial fixation of nitrogen may come to be a vital question, although there are probably few economists who see the problem of artificial fixation as a sphynx's riddle impending in the immediate future. The author's argument converges to the conclusion that a general scarcity of food is, at the most, no more than a generation ahead. In this he is ably seconded by Mr. Davis's hearty co-operation and has also the somewhat equivocal support of Mr. Hyde's discussion of the wheat problem. Of Mr. Davis it is of course expected that he should unreservedly throw what weight his word has on the side of Sir William's contention. But Mr. Hyde, as becomes a cautious statistician, is non-committal in any matter of forecast, except where he is on the safe ground of available acreage. Mr. Hyde speaks directly to the point which he has set before him, viz., the wheat supply; and he does not commit [285] himself to the implication that "the wheat supply" is or comes near being synonymous with "the food supply." He deals with the question as a statistical problem of acreage, and has very little to say on the more important question of yield; for future changes of yield, so far as concerns this country, cannot be discussed with any definite outcome on the basis of present statistics. He is, however, content to leave the question of probable future yields with a simple indication of what has been the course of average yields for twenty years back, neglecting to point out that the situation of the grain market during this period has been such as to discourage all efforts to increase the yields of any of the common grains, and so leaving the misleading suggestion that the course of future yields is to be directly inferred from the yields in the immediate past. But while Mr. Hyde's most telling contribution to the argument for a scarcity is this, probably unintended, misleading implication, Sir William faces the question of yields and disposes of it in one of the most extraordinary passages that has yet been met with in all the curious literature extant on the wheat question. In a reply to criticisms offered by Sir John Lawes and Sir Henry Gilbert he argues (pp. 104-107) that the low yields of America, we compared with those of England, are due to conditions of climate and soil, not to the American farmer's less close economy in the use of land. "American methods are quite as well adapted to the soils and climate as are those of England to the soils and climate of Great Britain." This passage the context compels us to take seriously. The consummate ignorance of the aims and methods of American farming reflected in this statement is assuredly surprising enough in a scientist who has so evidently taken pains to inform himself on other features of the subject. And it is at the same time unfortunate in that it may raise a presumption that other, more substantial portions of the argument proceed on equally fanciful and headlong generalizations. In the face of his incredible dealings with these economic data, it needs all the prestige of Sir William's great name to sustain our faith in what he has to say when he is speaking within the lines of his own science. Correlated with this assumption, that the yield per acre is necessarily stable, is an equally surprising assumption to the effect that the unit consumption of wheat must go on increasing and so hasten the approach of scarcity. Abundance during the past fifteen years has resulted in an increase of unit consumption, and this increase, it is argued, will go on in the face of a slackening supply so of to cause a [286] scarcity in the future. That is for my, because we have had abundance and consequent low prices of wheat, resulting in a high unit consumption and a low yield, therefore we must expect that in the future we shall have a high unit consumption and a low yield, resulting in scarcity and high prices. Certain passages in the volume might even be construed to say that shall presently suffer privation became of the excessive prosperity and efficiency of our industry in the future. So far as the essay is an argument for impending scarcity it proceeds on the assumption that "other circumstances remain the same," particularly the adverse circumstances. But there appears to be no reason for believing that other things will remain the same in the immediate future, any more consistently than they have done in the past. It may therefore fairly be doubted whether Sir William's draft on the future's bank of misery will be honored, since it is drawn with this proviso. T. V.