And now for the brief practical outcome of all this. Remember, no government is ultimately strong, but in proportion to its kindness and justice; and that a nation does not strengthen, by merely multiplying and diffusing itself. We have not strengthened as yet, by multiplying into America. Nay, even when it has not to encounter the separating conditions of emigration, a nation need not boast itself of multiplying on its own ground, if it multiplies only as flies or locusts do, with the G.o.d of flies for its G.o.d. It multiplies its strength only by increasing as one great family, in perfect fellowship and brotherhood.

And lastly, it does not strengthen itself by seizing dominion over races whom it cannot benefit. Austria is not strengthened, but weakened, by her grasp of Lombardy; and whatever apparent increase of majesty and of wealth may have accrued to us from the possession of India, whether these prove to us ultimately power or weakness, depends wholly on the degree in which our influence on the native race shall be benevolent and exalting. But, as it is at their own peril that any race extends their dominion in mere desire of power, so it is at their own still greater peril, that they refuse to undertake aggressive war, according to their force, whenever they are a.s.sured that their authority would be helpful and protective. Nor need you listen to any sophistical objection of the impossibility of knowing when a people's help is needed, or when not.

Make your national conscience clean, and your national eyes will soon be clear. No man who is truly ready to take part in a n.o.ble quarrel will ever stand long in doubt by whom, or in what cause, his aid is needed. I hold it my duty to make no political statement of any special bearing in this presence; but I tell you broadly and boldly, that, within these last ten years, we English have, as a knightly nation, lost our spurs: we have fought where we should not have fought, for gain; and we have been pa.s.sive where we should not have been pa.s.sive, for fear. I tell you that the principle of non-intervention, as now preached among us, is as selfish and cruel as the worst frenzy of conquest, and differs from it only by being not only malignant, but dastardly.

I know, however, that my opinions on this subject differ too widely from those ordinarily held, to be any farther intruded upon you; and therefore I pa.s.s lastly to examine the conditions of the third kind of n.o.ble war;--war waged simply for defence of the country in which we were born, and for the maintenance and execution of her laws, by whomsoever threatened or defied. It is to this duty that I suppose most men entering the army consider themselves in reality to be bound, and I want you now to reflect what the laws of mere defence are; and what the soldier's duty, as now understood, or supposed to be understood. You have solemnly devoted yourselves to be English soldiers, for the guardianship of England. I want you to feel what this vow of yours indeed means, or is gradually coming to mean. You take it upon you, first, while you are sentimental schoolboys; you go into your military convent, or barracks, just as a girl goes into her convent while she is a sentimental schoolgirl; neither of you then know what you are about, though both the good soldiers and good nuns make the best of it afterwards. You don't understand perhaps why I call you 'sentimental'

schoolboys, when you go into the army? Because, on the whole, it is love of adventure, of excitement, of fine dress and of the pride of fame, all which are sentimental motives, which chiefly make a boy like going into the Guards better than into a counting-house. You fancy, perhaps, that there is a severe sense of duty mixed with these peac.o.c.ky motives? And in the best of you, there is; but do not think that it is princ.i.p.al. If you cared to do your duty to your country in a prosaic and unsentimental way, depend upon it, there is now truer duty to be done in raising harvests than in burning them; more in building houses, than in sh.e.l.ling them--more in winning money by your own work, wherewith to help men, than in taxing other people's work, for money wherewith to slay men; more duty finally, in honest and unselfish living than in honest and unselfish dying, though that seems to your boys' eyes the bravest. So far then, as for your own honour, and the honour of your families, you choose brave death in a red coat before brave life in a black one, you are sentimental; and now see what this pa.s.sionate vow of yours comes to. For a little while you ride, and you hunt tigers or savages, you shoot, and are shot; you are happy, and proud, always, and honoured and wept if you die; and you are satisfied with your life, and with the end of it; believing, on the whole, that good rather than harm of it comes to others, and much pleasure to you. But as the sense of duty enters into your forming minds, the vow takes another aspect. You find that you have put yourselves into the hand of your country as a weapon. You have vowed to strike, when she bids you, and to stay scabbarded when she bids you; all that you need answer for is, that you fail not in her grasp.

And there is goodness in this, and greatness, if you can trust the hand and heart of the Britomart who has braced you to her side, and are a.s.sured that when she leaves you sheathed in darkness, there is no need for your flash to the sun. But remember, good and n.o.ble as this state may be, it is a state of slavery. There are different kinds of slaves and different masters. Some slaves are scourged to their work by whips, others are scourged to it by restlessness or ambition. It does not matter what the whip is; it is none the less a whip, because you have cut thongs for it out of your own souls: the fact, so far, of slavery, is in being driven to your work without thought, at another's bidding.

Again, some slaves are bought with money, and others with praise. It matters not what the purchase-money is. The distinguishing sign of slavery is to have a price, and be bought for it. Again, it matters not what kind of work you are set on; some slaves are set to forced diggings, others to forced marches; some dig furrows, others field-works, and others graves. Some press the juice of reeds, and some the juice of vines, and some the blood of men. The fact of the captivity is the same whatever work we are set upon, though the fruits of the toil may be different. But, remember, in thus vowing ourselves to be the slaves of any master, it ought to be some subject of forethought with us, what work he is likely to put us upon. You may think that the whole duty of a soldier is to be pa.s.sive, that it is the country you have left behind who is to command, and you have only to obey. But are you sure that you have left _all_ your country behind, or that the part of it you have so left is indeed the best part of it? Suppose--and, remember, it is quite conceivable--that you yourselves are indeed the best part of England; that you who have become the slaves, ought to have been the masters; and that those who are the masters, ought to have been the slaves! If it is a n.o.ble and whole-hearted England, whose bidding you are bound to do, it is well; but if you are yourselves the best of her heart, and the England you have left be but a half-hearted England, how say you of your obedience? You were too proud to become shopkeepers: are you satisfied then to become the servants of shopkeepers? You were too proud to become merchants or farmers yourselves: will you have merchants or farmers then for your field marshals? You had no gifts of special grace for Exeter Hall: will you have some gifted person thereat for your commander-in-chief, to judge of your work, and reward it? You imagine yourselves to be the army of England: how if you should find yourselves, at last, only the police of her manufacturing towns, and the beadles of her little Bethels?

It is not so yet, nor will be so, I trust, for ever; but what I want you to see, and to be a.s.sured of, is, that the ideal of soldiership is not mere pa.s.sive obedience and bravery; that, so far from this, no country is in a healthy state which has separated, even in a small degree, her civil from her military power. All states of the world, however great, fall at once when they use mercenary armies; and although it is a less instant form of error (because involving no national taint of cowardice), it is yet an error no less ultimately fatal--it is the error especially of modern times, of which we cannot yet know all the calamitous consequences--to take away the best blood and strength of the nation, all the soul-substance of it that is brave, and careless of reward, and scornful of pain, and faithful in trust; and to cast that into steel, and make a mere sword of it; taking away its voice and will; but to keep the worst part of the nation--whatever is cowardly, avaricious, sensual, and faithless--and to give to this the voice, to this the authority, to this the chief privilege, where there is least capacity, of thought. The fulfilment of your vow for the defence of England will by no means consist in carrying out such a system. You are not true soldiers, if you only mean to stand at a shop door, to protect shop-boys who are cheating inside. A soldier's vow to his country is that he will die for the guardianship of her domestic virtue, of her righteous laws, and of her anyway challenged or endangered honour. A state without virtue, without laws, and without honour, he is bound _not_ to defend; nay, bound to redress by his own right hand that which he sees to be base in her. So sternly is this the law of Nature and life, that a nation once utterly corrupt can only be redeemed by a military despotism--never by talking, nor by its free effort. And the health of any state consists simply in this: that in it, those who are wisest shall also be strongest; its rulers should be also its soldiers; or, rather, by force of intellect more than of sword, its soldiers its rulers. Whatever the hold which the aristocracy of England has on the heart of England, in that they are still always in front of her battles, this hold will not be enough, unless they are also in front of her thoughts. And truly her thoughts need good captain's leading now, if ever! Do you know what, by this beautiful division of labour (her brave men fighting, and her cowards thinking), she has come at last to think?

Here is a bit of paper in my hand,[6] a good one too, and an honest one; quite representative of the best common public thought of England at this moment; and it is holding forth in one of its leaders upon our 'social welfare,'--upon our 'vivid life'--upon the 'political supremacy of Great Britain.' And what do you think all these are owing to? To what our English sires have done for us, and taught us, age after age? No: not to that. To our honesty of heart, or coolness of head, or steadiness of will? No: not to these. To our thinkers, or our statesmen, or our poets, or our captains, or our martyrs, or the patient labour of our poor? No: not to these; or at least not to these in any chief measure.

Nay, says the journal, 'more than any agency, it is the cheapness and abundance of our coal which have made us what we are.' If it be so, then 'ashes to ashes' be our epitaph! and the sooner the better. I tell you, gentlemen of England, if ever you would have your country breathe the pure breath of heaven again, and receive again a soul into her body, instead of rotting into a carcase, blown up in the belly with carbonic acid (and great _that_ way), you must think, and feel, for your England, as well as fight for her: you must teach her that all the true greatness she ever had, or ever can have, she won while her fields were green and her faces ruddy;--that greatness is still possible for Englishmen, even though the ground be not hollow under their feet, nor the sky black over their heads;--and that, when the day comes for their country to lay her honours in the dust, her crest will not rise from it more loftily because it is dust of coal. Gentlemen, I tell you, solemnly, that the day is coming when the soldiers of England must be her tutors and the captains of her army, captains also of her mind.

And now, remember, you soldier youths, who are thus in all ways the hope of your country; or must be, if she have any hope: remember that your fitness for all future trust depends upon what you are now. No good soldier in his old age was ever careless or indolent in his youth. Many a giddy and thoughtless boy has become a good bishop, or a good lawyer, or a good merchant; but no such an one ever became a good general. I challenge you, in all history, to find a record of a good soldier who was not grave and earnest in his youth. And, in general, I have no patience with people who talk about 'the thoughtlessness of youth'

indulgently, I had infinitely rather hear of thoughtless old age, and the indulgence due to _that_. When a man has done his work, and nothing can any way be materially altered in his fate, let him forget his toil, and jest with his fate, if he will; but what excuse can you find for wilfulness of thought, at the very time when every crisis of future fortune hangs on your decisions? A youth thoughtless! when all the happiness of his home for ever depends on the chances, or the pa.s.sions, of an hour! A youth thoughtless! when the career of all his days depends on the opportunity of a moment! A youth thoughtless! when his every act is a foundation-stone of future conduct, and every imagination a fountain of life or death! Be thoughtless in _any_ after years, rather than now--though, indeed, there is only one place where a man may be n.o.bly thoughtless,--his deathbed. No thinking should ever be left to be done there.

Having, then, resolved that you will not waste recklessly, but earnestly use, these early days of yours, remember that all the duties of her children to England may be summed in two words--industry, and honour. I say first, industry, for it is in this that soldier youth are especially tempted to fail. Yet surely, there is no reason because your life may possibly or probably be shorter than other men's, that you should therefore waste more recklessly the portion of it that is granted you; neither do the duties of your profession, which require you to keep your bodies strong, in any wise involve the keeping of your minds weak. So far from that, the experience, the hardship, and the activity of a soldier's life render his powers of thought more accurate than those of other men; and while, for others, all knowledge is often little more than a means of amus.e.m.e.nt, there is no form of science which a soldier may not at some time or other find bearing on business of life and death. A young mathematician may be excused for langour in studying curves to be described only with a pencil; but not in tracing those which are to be described with a rocket. Your knowledge of a wholesome herb may involve the feeding of an army; and acquaintance with an obscure point of geography, the success of a campaign. Never waste an instant's time, therefore; the sin of idleness is a thousandfold greater in you than in other youths; for the fates of those who will one day be under your command hang upon your knowledge; lost moments now will be lost lives then, and every instant which you carelessly take for play, you buy with blood. But there is one way of wasting time, of all the vilest, because it wastes, not time only, but the interest and energy of your minds. Of all the ungentlemanly habits into which you can fall, the vilest is betting, or interesting yourselves in the issues of betting.

It unites nearly every condition of folly and vice; you concentrate your interest upon a matter of chance, instead of upon a subject of true knowledge; and you back opinions which you have no grounds for forming, merely because they are your own. All the insolence of egotism is in this; and so far as the love of excitement is complicated with the hope of winning money, you turn yourselves into the basest sort of tradesmen--those who live by speculation. Were there no other ground for industry, this would be a sufficient one; that it protected you from the temptation to so scandalous a vice. Work faithfully, and you will put yourselves in possession of a glorious and enlarging happiness: not such as can be won by the speed of a horse, or marred by the obliquity of a ball.

First, then, by industry you must fulfil your vow to your country; but all industry and earnestness will be useless unless they are consecrated by your resolution to be in all things men of honour; not honour in the common sense only, but in the highest. Rest on the force of the two main words in the great verse, _integer_ vitae, scelerisque _purus_. You have vowed your life to England; give it her wholly--a bright, stainless, perfect life--a knightly life. Because you have to fight with machines instead of lances, there may be a necessity for more ghastly danger, but there is none for less worthiness of character, than in olden time. You may be true knights yet, though perhaps not _equites_; you may have to call yourselves 'cannonry' instead of 'chivalry,' but that is no reason why you should not call yourselves true men. So the first thing you have to see to in becoming soldiers is that you make yourselves wholly true.

Courage is a mere matter of course among any ordinarily well-born youths; but neither truth nor gentleness is matter of course. You must bind them like shields about your necks; you must write them on the tables of your hearts. Though it be not exacted of you, yet exact it of yourselves, this vow of stainless truth. Your hearts are, if you leave them unstirred, as tombs in which a G.o.d lies buried. Vow yourselves crusaders to redeem that sacred sepulchre. And remember, before all things--for no other memory will be so protective of you--that the highest law of this knightly truth is that under which it is vowed to women. Whomsoever else you deceive, whomsoever you injure, whomsoever you leave unaided, you must not deceive, nor injure, nor leave unaided according to your power, any woman of whatever rank. Believe me, every virtue of the higher phases of manly character begins in this;--in truth and modesty before the face of all maidens; in truth and pity, or truth and reverence, to all womanhood.

And now let me turn for a moment to you,--wives and maidens, who are the souls of soldiers; to you,--mothers, who have devoted your children to the great hierarchy of war. Let me ask you to consider what part you have to take for the aid of those who love you; for if you fail in your part they cannot fulfil theirs; such absolute helpmates you are that mo man can stand without that help, nor labour in his own strength.

I know your hearts, and that the truth of them never fails when an hour of trial comes which you recognise for such. But you know not when the hour of trial first finds you, nor when it verily finds you. You imagine that you are only called upon to wait and to suffer; to surrender and to mourn. You know that you must not weaken the hearts of your husbands and lovers, even by the one fear of which those hearts are capable,--the fear of parting from you, or of causing you grief. Through weary years of separation, through fearful expectancies of unknown fate; through the tenfold bitterness of the sorrow which might so easily have been joy, and the tenfold yearning for glorious life struck down in its prime--through all these agonies you fail not, and never will fail. But your trial is not in these. To be heroic in danger is little;--you are Englishwomen. To be heroic in change and sway of fortune is little;--for do you not love? To be patient through the great chasm and pause of loss is little;--for do you not still love in heaven? But to be heroic in happiness; to bear yourselves gravely and righteously in the dazzling of the sunshine of morning; not to forget the G.o.d in whom you trust, when He gives you most; not to fail those who trust you, when they seem to need you least; this is the difficult fort.i.tude. It is not in the pining of absence, not in the peril of battle, not in the wasting of sickness, that your prayer should be most pa.s.sionate, or your guardianship most tender. Pray, mothers and maidens, for your young soldiers in the bloom of their pride; pray for them, while the only dangers round them are in their own wayward wills; watch you, and pray, when they have to face, not death, but temptation. But it is this fort.i.tude also for which there is the crowning reward. Believe me, the whole course and character of your lovers' lives is in your hands; what you would have them be, they shall be, if you not only desire to have them so, but deserve to have them so; for they are but mirrors in which you will see yourselves imaged. If you are frivolous, they will be so also; if you have no understanding of the scope of their duty, they also will forget it; they will listen,--they _can_ listen,--to no other interpretation of it than that uttered from your lips. Bid them be brave;--they will be brave for you; bid them be cowards; and how n.o.ble soever they be;--they will quail for you. Bid them be wise, and they will be wise for you; mock at their counsel, they will be fools for you: such and so absolute is your rule over them. You fancy, perhaps, as you have been told so often, that a wife's rule should only be over her husband's house, not over his mind.

Ah, no! the true rule is just the reverse of that; a true wife, in her husband's house, is his servant; it is in his heart that she is queen.

Whatever of the best he can conceive, it is her part to be; whatever of highest he can hope, it is hers to promise; all that is dark in him she must purge into purity; all that is failing in him she must strengthen into truth: from her, through all the world's clamour, he must win his praise; in her, through all the world's warfare, he must find his peace.

And, now, but one word more. You may wonder, perhaps, that I have spoken all this night in praise of war. Yet, truly, if it might be, I, for one, would fain join in the cadence of hammer-strokes that should beat swords into ploughshares: and that this cannot be, is not the fault of us men.

It is _your_ fault. Wholly yours. Only by your command, or by your permission, can any contest take place among us. And the real, final, reason for all the poverty, misery, and rage of battle, throughout Europe, is simply that you women, however good, however religious, however self-sacrificing for those whom you love, are too selfish and too thoughtless to take pains for any creature out of your own immediate circles. You fancy that you are sorry for the pain of others. Now I just tell you this, that if the usual course of war, instead of unroofing peasants' houses, and ravaging peasants' fields, merely broke the china upon your own drawing-room tables, no war in civilised countries would last a week. I tell you more, that at whatever moment you chose to put a period to war, you could do it with less trouble than you take any day to go out to dinner. You know, or at least you might know if you would think, that every battle you hear of has made many widows and orphans.

We have, none of us, heart enough truly to mourn with these. But at least we might put on the outer symbols of mourning with them. Let but every Christian lady who has conscience toward G.o.d, vow that she will mourn, at least outwardly, for His killed creatures. Your praying is useless, and your churchgoing mere mockery of G.o.d, if you have not plain obedience in you enough for this. Let every lady in the upper cla.s.ses of civilised Europe simply vow that, while any cruel war proceeds, she will wear _black_;--a mute's black,--with no jewel, no ornament, no excuse for, or evasion into, prettiness.--I tell you again, no war would last a week.

And lastly. You women of England are all now shrieking with one voice,--you and your clergymen together,--because you hear of your Bibles being attacked. If you choose to obey your Bibles, you will never care who attacks them. It is just because you never fulfil a single downright precept of the Book, that you are so careful for its credit: and just because you don't care to obey its whole words, that you are so particular about the letters of them. The Bible tells you to dress plainly,--and you are mad for finery; the Bible tells you to have pity on the poor,--and you crush them under your carriage-wheels; the Bible tells you to do judgment and justice,--and you do not know, nor care to know, so much as what the Bible word 'justice means.' Do but learn so much of G.o.d's truth as that comes to; know what He means when He tells you to be just: and teach your sons, that their bravery is but a fool's boast, and their deeds but a firebrand's tossing, unless they are indeed Just men, and Perfect in the Fear of G.o.d;--and you will soon have no more war, unless it be indeed such as is willed by Him, of whom, though Prince of Peace, it is also written, 'In Righteousness He doth judge, and make war.'

FOOTNOTES:

[6] I do not care to refer to the journal quoted, because the article was unworthy of its general tone, though in order to enable the audience to verify the quoted sentence, I left the number containing it on the table, when I delivered this lecture. But a saying of Baron Liebig's, quoted at the head of a leader on the same subject in the 'Daily Telegraph' of January 11, 1866, summarily digests and presents the maximum folly of modern thought in this respect. 'Civilization,' says the Baron, 'is the economy of power, and English power is coal.' Not altogether so, my chemical friend. Civilization is the making of civil persons, which is a kind of distillation of which alembics are incapable, and does not at all imply the turning of a small company of gentlemen into a large company of ironmongers. And English power (what little of it may be left), is by no means coal, but, indeed, of that which, 'when the whole world turns to coal, then chiefly lives.'

MUNERA PULVERIS

SIX ESSAYS

ON THE ELEMENTS OF

POLITICAL ECONOMY

PREFACE.

The following pages contain, I believe, the first accurate a.n.a.lysis of the laws of Political Economy which has been published in England. Many treatises, within their scope, correct, have appeared in contradiction of the views popularly received; but no exhaustive examination of the subject was possible to any person unacquainted with the value of the products of the highest industries, commonly called the "Fine Arts;" and no one acquainted with the nature of those industries has, so far as I know, attempted, or even approached, the task.

So that, to the date (1863) when these Essays were published, not only the chief conditions of the production of wealth had remained unstated, but the nature of wealth itself had never been defined. "Every one has a notion, sufficiently correct for common purposes, of what is meant by wealth," wrote Mr. Mill, in the outset of his treatise; and contentedly proceeded, as if a chemist should proceed to investigate the laws of chemistry without endeavouring to ascertain the nature of fire or water, because every one had a notion of them, "sufficiently correct for common purposes."

But even that apparently indisputable statement was untrue. There is not one person in ten thousand who has a notion sufficiently correct, even for the commonest purposes, of "what is meant" by wealth; still less of what wealth everlastingly _is_, whether we mean it or not; which it is the business of every student of economy to ascertain. We, indeed, know (either by experience or in imagination) what it is to be able to provide ourselves with luxurious food, and handsome clothes; and if Mr.

Mill had thought that wealth consisted only in these, or in the means of obtaining these, it would have been easy for him to have so defined it with perfect scientific accuracy. But he knew better: he knew that some kinds of wealth consisted in the possession, or power of obtaining, other things than these; but, having, in the studies of his life, no clue to the principles of essential value, he was compelled to take public opinion as the ground of his science; and the public, of course, willingly accepted the notion of a science founded on their opinions.

I had, on the contrary, a singular advantage, not only in the greater extent of the field of investigation opened to me by my daily pursuits, but in the severity of some lessons I accidentally received in the course of them.

When, in the winter of 1851, I was collecting materials for my work on Venetian architecture, three of the pictures of Tintoret on the roof of the School of St. Roch were hanging down in ragged fragments, mixed with lath and plaster, round the apertures made by the fall of three Austrian heavy shot. The city of Venice was not, it appeared, rich enough to repair the damage that winter; and buckets were set on the floor of the upper room of the school to catch the rain, which not only fell directly through the shot holes, but found its way, owing to the generally pervious state of the roof, through many of the canvases of Tintoret's in other parts of the ceiling.

It was a lesson to me, as I have just said, no less direct than severe; for I knew already at that time (though I have not ventured to a.s.sert, until recently at Oxford,) that the pictures of Tintoret in Venice were accurately the most precious articles of wealth in Europe, being the best existing productions of human industry. Now at the time that three of them were thus fluttering in moist rags from the roof they had adorned, the shops of the Rue Rivoli at Paris were, in obedience to a steadily-increasing public Demand, beginning to show a steadily-increasing Supply of elaborately-finished and coloured lithographs, representing the modern dances of delight, among which the cancan has since taken a distinguished place.

The labour employed on the stone of one of these lithographs is very much more than Tintoret was in the habit of giving to a picture of average size. Considering labour as the origin of value, therefore, the stone so highly wrought would be of greater value than the picture; and since also it is capable of producing a large number of immediately saleable or exchangeable impressions, for which the "demand" is constant, the city of Paris naturally supposed itself, and on all hitherto believed or stated principles of political economy, was, infinitely richer in the possession of a large number of these lithographic stones, (not to speak of countless oil pictures and marble carvings of similar character), than Venice in the possession of those rags of mildewed canvas, flaunting in the south wind and its salt rain.

And, accordingly, Paris provided (without thought of the expense) lofty arcades of shops, and rich recesses of innumerable private apartments, for the protection of these better treasures of hers from the weather.

Yet, all the while, Paris was not the richer for these possessions.

Intrinsically, the delightful lithographs were not wealth, but polar contraries of wealth. She was, by the exact quant.i.ty of labour she had given to produce these, sunk below, instead of above, absolute Poverty.

They not only were false Riches--they were true _Debt_, which had to be paid at last--and the present aspect of the Rue Rivoli shows in what manner.

And the faded stains of the Venetian ceiling, all the while, were absolute and inestimable wealth. Useless to their possessors as forgotten treasure in a buried city, they had in them, nevertheless, the intrinsic and eternal nature of wealth; and Venice, still possessing the ruins of them, was a rich city; only, the Venetians had _not_ a notion sufficiently correct even for the very common purpose of inducing them to put slates on a roof, of what was "meant by wealth."

The vulgar economist would reply that his science had nothing to do with the qualities of pictures, but with their exchange-value only; and that his business was, exclusively, to consider whether the remains of Tintoret were worth as many ten-and-sixpences as the impressions which might be taken from the lithographic stones.

But he would not venture, without reserve, to make such an answer, if the example be taken in horses, instead of pictures. The most dull economist would perceive, and admit, that a gentleman who had a fine stud of horses was absolutely richer than one who had only ill-bred and broken-winded ones. He would instinctively feel, though his pseudo-science had never taught him, that the price paid for the animals, in either case, did not alter the fact of their worth: that the good horse, though it might have been bought by chance for a few guineas, was not therefore less valuable, nor the owner of the galled jade any the richer, because he had given a hundred for it.

So that the economist, in saying that his science takes no account of the qualities of pictures, merely signifies that he cannot conceive of any quality of essential badness or goodness existing in pictures; and that he is incapable of investigating the laws of wealth in such articles. Which is the fact. But, being incapable of defining intrinsic value in pictures, it follows that he must be equally helpless to define the nature of intrinsic value in painted gla.s.s, or in painted pottery, or in patterned stuffs, or in any other national produce requiring true human ingenuity. Nay, though capable of conceiving the idea of intrinsic value with respect to beasts of burden, no economist has endeavoured to state the general principles of National Economy, even with regard to the horse or the a.s.s. And, in fine, _the modern political economists have been, without exception, incapable of apprehending the nature of intrinsic value at all_.

And the first specialty of the following treatise consists in its giving at the outset, and maintaining as the foundation of all subsequent reasoning, a definition of Intrinsic Value, and Intrinsic Contrary-of-Value; the negative power having been left by former writers entirely out of account, and the positive power left entirely undefined.

But, secondly: the modern economist, ignoring intrinsic value, and accepting the popular estimate of things as the only ground of his science, has imagined himself to have ascertained the constant laws regulating the relation of this popular demand to its supply; or, at least, to have proved that demand and supply were connected by heavenly balance, over which human foresight had no power. I chanced, by singular coincidence, lately to see this theory of the law of demand and supply brought to as sharp practical issue in another great siege, as I had seen the theories of intrinsic value brought, in the siege of Venice.

I had the honour of being on the committee under the presidentship of the Lord Mayor of London, for the victualling of Paris after her surrender. It became, at one period of our sittings, a question of vital importance at what moment the law of demand and supply would come into operation, and what the operation of it would exactly be: the demand, on this occasion, being very urgent indeed; that of several millions of people within a few hours of utter starvation, for any kind of food whatsoever. Nevertheless, it was admitted, in the course of debate, to be probable that the divine principle of demand and supply might find itself at the eleventh hour, and some minutes over, in want of carts and horses; and we ventured so far to interfere with the divine principle as to provide carts and horses, with haste which proved, happily, in time for the need; but not a moment in advance of it. It was farther recognized by the committee that the divine principle of demand and supply would commence its operations by charging the poor of Paris twelve-pence for a penny's worth of whatever they wanted; and would end its operations by offering them twelve-pence worth for a penny, of whatever they didn't want. Whereupon it was concluded by the committee that the tiny knot, on this special occasion, was scarcely "_dignus vindice_," by the divine principle of demand and supply: and that we would venture, for once, in a profane manner, to provide for the poor of Paris what they wanted, when they wanted it. Which, to the value of the sums entrusted to us, it will be remembered we succeeded in doing.

But the fact is that the so-called "law," which was felt to be false in this case of extreme exigence, is alike false in cases of less exigence. It is false always, and everywhere. Nay to such an extent is its existence imaginary, that the vulgar economists are not even agreed in their account of it; for some of them mean by it, only that prices are regulated by the relation between demand and supply, which is partly true; and others mean that the relation itself is one with the process of which it is unwise to interfere; a statement which is not only, as in the above instance, untrue; but accurately the reverse of the truth: for all wise economy, political or domestic, consists in the resolved maintenance of a given relation between supply and demand, other than the instinctive, or (directly) natural, one.

Similarly, vulgar political economy a.s.serts for a "law" that wages are determined by compet.i.tion.

Now I pay my servants exactly what wages I think necessary to make them comfortable. The sum is not determined at all by compet.i.tion; but sometimes by my notions of their comfort and deserving, and sometimes by theirs. If I were to become penniless to-morrow, several of them would certainly still serve me for nothing.

In both the real and supposed cases the so-called "law" of vulgar political economy is absolutely set at defiance. But I cannot set the law of gravitation at defiance, nor determine that in my house I will not allow ice to melt, when the temperature is above thirty-two degrees.

A true law outside of my house, will remain a true one inside of it. It is not, therefore, a law of Nature that wages are determined by compet.i.tion. Still less is it a law of State, or we should not now be disputing about it publicly, to the loss of many millions of pounds to the country. The fact which vulgar economists have been weak enough to imagine a law, is only that, for the last twenty years a number of very senseless persons have attempted to determine wages in that manner; and have, in a measure, succeeded in occasionally doing so.

Both in definition of the elements of wealth, and in statement of the laws which govern its distribution, modern political economy has been thus absolutely incompetent, or absolutely false. And the following treatise is not, as it has been a.s.serted with dull pertinacity, an endeavour to put sentiment in the place of science; but it contains the exposure of what insolently pretended to be a science; and the definition, hitherto una.s.sailed--and I do not fear to a.s.sert, una.s.sailable--of the material elements with which political economy has to deal, and the moral principles in which it consists; being not itself a science, but "a system of conduct founded on the sciences, and impossible, except under certain conditions of moral culture." Which is only to say, that industry, frugality, and discretion, the three foundations of economy, are moral qualities, and cannot be attained without moral discipline: a flat truism, the reader may think, thus stated, yet a truism which is denied both vociferously, and in all endeavour, by the entire populace of Europe; who are at present hopeful of obtaining wealth by tricks of trade, without industry; who, possessing wealth, have lost in the use of it even the conception,--how much more the habit?--of frugality; and who, in the choice of the elements of wealth, cannot so much as lose--since they have never hitherto at any time possessed,--the faculty of discretion.