was concerned primarily with practice, he found himself obliged
to make a study of theory before he could properly understand the
practice; and lastly, because they point particularly to the effect of
the teaching on just price. When we come to speak of this part of the
subject we shall find that Dr. Cunningham failed to appreciate the
true significance of the canonist doctrine. If an eminent author, who
does not quite appreciate the full import of this doctrine, and who
is to some extent contemptuous of its practical value, nevertheless
asserts that it exercised an all-powerful influence on the practice of
the age in which it was preached, we are surely justified in
asserting that the study of theory may be profitably pursued without a
preliminary history of the contemporary practice.

[Footnote 1: Even Endemann warns his readers against assuming that the
canonist teaching had no influence on everyday life. (_Studien_, vol.
ii. p. 404.)]

[Footnote 2: Ashley, _op. cit._, vol. i. pt. ii. pp. 383-85. Again:
'The later canonist dialectic was the midwife of modern economics'
(_ibid._, p. 397).]

[Footnote 3: _History of Political Economy_, p. 26.]

[Footnote 4: Cunningham, _Growth of English Industry and Commerce_,
vol. i. p. 252.]

[Footnote 5: Cunningham, _Western Civilisation_, vol. ii. pp. 9-10.]

[Footnote 6: P. 25.]