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6         ECONOMIC  INQUIRIES  AND  STUDIES
                   than  one  similar inquiry.  Besides  these,  Mr. J evons
                  wrote  many smaller  works, which  were  all  character-
                  ized by great completeness of method j  but these three
                  larger works are  quite  sufficient  to  found  his reputa-
                  tion.  They all  show  inventiveness  and respurce, and
                  a  careful  attention  to  every  point which  can  qualify
                  the figures so that the real facts,  and not the apparent
                  ones, are brought out.  An  index  number, such as he
                  used in the first  paper of all on the gold questioo, has
                  proved  an  instrument  of great value  since  in  all  in-
                  quiries on pricesj  and for this institution of an "index
                  number" we  may  consider ourselves indebted to Mr.
                  Jevons.  1   In  the later years of his life  Mr. Jevons be-
                  came even better known  as an economist and a writer
                  on logic  than as a statistician, the  place he took being
                  a high  one;. and  without  discussing  his  work  in  that
                  capacity, we  must recognize  how his qualifications for
                  other departments of literature were no disqualification,
                  but the reverse, for the study and practice of statistics.
                   His  statistics  would  not  have  been  as  good  as  they
                  were if he had not  had wider interests, and a  remark-
                  able  faculty  for  clear  scientific  exposition  in  other
                  branches of s.cience.
                     Such are the two  men we have lost within the short
                  period  of twelve  months.  The loss  is  a  heavy one;
                  but few would have been more ready to recognize than
                  those  we  have lost  that  the  work  remains,  whatever
                  becomes  of the individual.  With  Mr.  N ewmarch this
                  feeling, as I have  already  hinted, was always  present.
                  It was always of good work in statistics and not of his
                  . own good work he was thinking.  If younger men could
                  be induced to come  into the field,  he was but too well
                  pleased  to give  up  the  task  to  them,  so  long as  the
                  work was done.  His example and spirit will be handed

                    1  An  index number was  used by Mr.  J.  B.  Smith as  long  ago as
                   [840  in  giving evidence on the Bank Acts.  Practically, Mr. Jevons
                  was the first to systematize the use of the method.  [See my evidence
                  given to the Gold and Silver Commission for after-acquired informa-
                  tion on this point.]
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