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Commercial Crises and Sun-Spots 1


“Thou Sun, of this great world both eye and soul.” IT is curious to notice the variety of the explanations offered by commercial writers concerning the cause of the present state of trade. Foreign competition, beer-drinking, over-production, trades-unionism, war, peace, want of gold, superabundance of silver, Lord Beacon s-field, Sir Stafford Northcote, their extravagant expenditure, the Government policy, the wretched Glasgow Bank directors, Mr. Edison and the electric light, are a few of the happy and consistent suggestions continually made to explain the present disastrous collapse of industry and credit.


  1. NATURE, vol. xvi. p. 63.

  2. NATURE, vol. xvi. p. 45.

  3. "Insurance Cyclopædia", art. Gambling.

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JEVONS, W. Commercial Crises and Sun-Spots 1 . Nature 19, 33–37 (1878).

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