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§ 1
That every individual nation pursues profit as the chief aim of its economic and political regulations is incontrovertible, but if we consider the means that each has adopted to achieve that, we observe an incredible variety.
All compete with each other to be first, but they shape different courses and carry
quite different sets of sails, although they are all subject to virtually the same wind.
They fight each other for the windward position and use particular nautical tactics to run foul of each other, even though they have enough room and depth to sail abreast. It looks as if sometimes one ship and sometimes another were sailing without pilot or helmsman.
They are undeniably depending on different factors here. Either their compasses are misleading or else their charts are faulty.
A new indicator is presented to the reader here. It is quite small, so that anyone can carry it in his pocket. It is also new, I would say, for it scarcely agrees with any other in Europe. I also believe that it is accurate, as I have tried to construct it on the basis of reason and experience. Let us first agree on our terms.
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Places: Europe
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