A universal is indeed one whole; but it is one whole of many similars, which are not the same with one another.
Hence also induction is a real process, because, when we know that this individual magnet attracts iron, we are very far from knowing that all alike do so similarly; and the question of inductive logic, how we get from some similars to all similars, remains, as before, a difficulty, but not to be solved by the fallacy that inference is identification.
Jevons arrived quite early in his career at the doctrines that constituted his most characteristic and original contributions to economics and logic. The theory of utility, which became the keynote of his general theory of political economy, was practically formulated in a letter written in 1860; and the germ of his logical principles of the substitution of similars may be found in the view which he propounded in another letter written in 1861, that "philosophy would be found to consist solely in pointing out the likeness of things."
In 1866 what he regarded as the great and universal principle of all reasoning dawned upon him; and in 1869 he published a sketch of this fundamental doctrine under the title of The Substitution of Similars.
In this work Jevons embodied the substance of his earlier works on pure logic and the substitution of similars; he also enunciated xv.