A.—: The Mercantile System (p. 6)

Mill's account is based on that of Adam Smith, Wealth of Nations, bk. iv. ch. i. Much investigation has subsequently taken place into mercantilist literature and policy, some results of which may be seen in Roscher, Geschichte der National-Ökonomik in Deutschland (1874), § 57, closely followed (with a Positivist colouring) by Ingram, History of Political Economy (1888); in Schmoller, The Mercantile System and its Historical Significance (1884; Eng. trans. 1896), and Grundriss der Allgemeinen Volkswirthschaftslehre (1900), i. § 39 (in French trans., Principes d'Économie Politique (1905–1908), i. § 39); in Cunningham, Growth of English Industry and Commerce, vol. ii. pt. i., The Mercantile System (1903); and in Unwin, Industrial Organisation in the Sixteenth and Seventeenth Centuries (1904). One of the most significant of English mercantilist writings, Mun's England's Treasure by Forraign Trade (1664), has been recently republished (1895).