even the higher ones, are so indissolubly connected with wealth as the means by which most of them are promoted, that your[Pg 235] incentives to acquire riches have become a part of your intellectual constitution. Where the penalty of a straightened financial con
dition is the forfeiture of everything which makes lif
ities of association with the better class, and a su
contempt which comes of limited knowledge, it may reasonably be expected that the struggle for wealth would be keen. Equally as an incentive also are the innumerable avenues of gain, which are everywhere open for the investment of capital, and the remarkable profits which accrue to keep up the spirit of money-making ad
venture. You will certainly agree with me that this cr
ushing, elbowing, and treading on each other’s heels in the attempt to get money is not the best
possible form or type of society: more esp
ecially since you are not all fairly and
evenly equipped in this struggle, the mass of your people reap no benefit from it, and its result i
nary state, as many of your writers lead you to believe. It is merely a revolution in the aims of society, brought about by changes which are inevitner or later bound to reach. Every newly appli
ed science and invention, and above all every acre of land brought under cultivation, render this period so much dreaded by you more remote; but you will come to it a ll the same. It will merely be a using up of all the resources of capital to RAPIDLY multiply itself. During your present progressive period, so far as that term is applicable to the speedy gathering in of wealth, your society presents to us an aspect of mercenary abandonment beyond anything we have ever
experienced ourselves, and with a full
knowledge of the end that will come we look for
ward with a high degree of interest to that time when you will arrive at the stationary condition. As you
approach that period where the diminished profi
ts of capital will discourage the great activity and aggressiveness which now characterize it, som
e very great changes will gradually be brought abo
en itself it will slowly change its relati
ons with capital, so that in the end instead of be

ts indiv

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saving. Although great wealth will be exceedingly difficult to obtain, a fair competency will be within the reach of all; since l

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abor coming to the front, owing to the weakened powers of wealth, will assum

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e its deserving place in the forces of economy and legislation, and will dem

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and and receive a fairer share of the profits of industry. After the adva

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nce of civilization and knowledge beyond a certain period, the ambitions and

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necessities of a people will furnish abundant incentives to keep society in a state of activity. The energies of life are stimula

It is a long established

ted, not so much by the large occasional rewards which come to a few, like p

It is a long established

rizes in a lottery, as the steady and certain remuneration of each day’s ou

It is a long established

tput of action to all. The[Pg 238] ability to obtain from industry a conside

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots

Events & News

rable margin beyond the daily expenses of life is sufficient to keep alive the mental and physical energies, and is certain to bri

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Sed ut perspiciatis

ng about that general state of hopefulness, which more than anything else promotes thrift and stimulates amb

to the hon

26/06/2015

Sed ut perspiciatis

ition. It may be somewhat at variance with your views of political economy, to believe that any reduction

ors of lif

26/06/2015

Sed ut perspiciatis

of the power and value of capital will not in a corresponding degree depress labor. You must bear in mind,

e, and the
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