What is Property? Part 32

In order to live as a proprietor, or to consume without producing, it is necessary, then, to live upon the labor of another; in other words, it is necessary to kill the laborer. It is upon this principle that proprietors of those varieties of capital which are of primary necessity increase their farm-rents as fast as industry develops, much more careful of their privileges in that respect, than those economists who, in order to strengthen property, advocate a reduction of interest.

But the crime is unavailing: labor and production increase; soon the proprietor will be forced to labor, and then property is lost.

The proprietor is a man who, having absolute control of an instrument of production, claims the right to enjoy the product of the instrument without using it himself. To this end he lends it; and we have just seen that from this loan the laborer derives a power of exchange, which sooner or later will destroy the right of increase. In the first place, the proprietor is obliged to allow the laborer a portion of the product, for without it the laborer could not live. Soon the latter, through the development of his industry, finds a means of regaining the greater portion of that which he gives to the proprietor; so that at last, the objects of enjoyment increasing continually, while the income of the idler remains the same, the proprietor, having exhausted his resources, begins to think of going to work himself. Then the victory of the producer is certain. Labor commences to tip the balance towards its own side, and commerce leads to equilibrium.

Man's instinct cannot err; as, in liberty, exchange of functions leads inevitably to equality among men, so commerce--or exchange of products, which is identical with exchange of functions--is a new cause of equality. As long as the proprietor does not labor, however small his income, he enjoys a privilege; the laborer's welfare may be equal to his, but equality of conditions does not exist. But as soon as the proprietor becomes a producer,--since he can exchange his special product only with his tenant or his _commandite_,--sooner or later this tenant, this _exploited_ man, if violence is not done him, will make a profit out of the proprietor, and will oblige him to restore--in the exchange of their respective products--the interest on his capital. So that, balancing one injustice by another, the contracting parties will be equal. Labor and exchange, when liberty prevails, lead, then, to equality of fortunes; mutuality of services neutralizes privilege.

That is why despots in all ages and countries have a.s.sumed control of commerce; they wished to prevent the labor of their subjects from becoming an obstacle to the rapacity of tyrants.

Up to this point, all takes place in the natural order; there is no premeditation, no artifice. The whole proceeding is governed by the laws of necessity alone. Proprietors and laborers act only in obedience to their wants. Thus, the exercise of the right of increase, the art of robbing the producer, depends--during this first period of civilization--upon physical violence, murder, and war.

But at this point a gigantic and complicated conspiracy is hatched against the capitalists. The weapon of the EXPLOITERS is met by the EXPLOITED with the instrument of commerce,--a marvellous invention, denounced at its origin by the moralists who favored property, but inspired without doubt by the genius of labor, by the Minerva of the proletaires.

The princ.i.p.al cause of the evil lay in the acc.u.mulation and immobility of capital of all sorts,--an immobility which prevented labor, enslaved and subalternized by haughty idleness, from ever acquiring it. The necessity was felt of dividing and mobilizing wealth, of rendering it portable, of making it pa.s.s from the hands of the possessor into those of the worker. Labor invented MONEY. Afterwards, this invention was revived and developed by the BILL OF EXCHANGE and the BANK. For all these things are substantially the same, and proceed from the same mind.

The first man who conceived the idea of representing a value by a sh.e.l.l, a precious stone, or a certain weight of metal, was the real inventor of the Bank. What is a piece of money, in fact? It is a bill of exchange written upon solid and durable material, and carrying with it its own redemption. By this means, oppressed equality was enabled to laugh at the efforts of the proprietors, and the balance of justice was adjusted for the first time in the tradesman's shop. The trap was cunningly set, and accomplished its purpose so thoroughly that in idle hands money became only dissolving wealth, a false symbol, a shadow of riches. An excellent economist and profound philosopher was that miser who took as his motto, "WHEN A GUINEA IS EXCHANGED, IT EVAPORATES." So it may be said, "When real estate is converted into money, it is lost." This explains the constant fact of history, that the n.o.bles--the unproductive proprietors of the soil--have every where been dispossessed by industrial and commercial plebeians. Such was especially the case in the formation of the Italian republics, born, during the middle ages, of the impoverishment of the seigniors. I will not pursue the interesting considerations which this matter suggests; I could only repeat the testimony of historians, and present economical demonstrations in an altered form.

The greatest enemy of the landed and industrial aristocracy to-day, the incessant promoter of equality of fortunes, is the BANKER. Through him immense plains are divided, mountains change their positions, forests are grown upon the public squares, one hemisphere produces for another, and every corner of the globe has its usufructuaries. By means of the Bank new wealth is continually created, the use of which (soon becoming indispensable to selfishness) wrests the dormant capital from the hands of the jealous proprietor. The banker is at once the most potent creator of wealth, and the main distributor of the products of art and Nature.

And yet, by the strangest antinomy, this same banker is the most relentless collector of profits, increase, and usury ever inspired by the demon of property. The importance of the services which he renders leads us to endure, though not without complaint, the taxes which he imposes. Nevertheless, since nothing can avoid its providential mission, since nothing which exists can escape the end for which it exists the banker (the modern Croesus) must some day become the restorer of equality. And following in your footsteps, sir, I have already given the reason; namely, that profit decreases as capital multiplies, since an increase of capital--calling for more laborers, without whom it remains unproductive--always causes an increase of wages. Whence it follows that the Bank, to-day the suction-pump of wealth, is destined to become the steward of the human race.

The phrase EQUALITY OF FORTUNES chafes people, as if it referred to a condition of the other world, unknown here below. There are some persons, radicals as well as moderates, whom the very mention of this idea fills with indignation. Let, then, these silly aristocrats abolish mercantile societies and insurance companies, which are founded by prudence for mutual a.s.sistance. For all these social facts, so spontaneous and free from all levelling intentions, are the legitimate fruits of the instinct of equality.

When the legislator makes a law, properly speaking he does not MAKE it,--he does not CREATE it: he DESCRIBES it. In legislating upon the moral, civil, and political relations of citizens, he does not express an arbitrary notion: he states the general idea,--the higher principle which governs the matter which he is considering; in a word, he is the proclaimer, not the inventor, of the law. So, when two or more men form among themselves, by synallagmatic contract, an industrial or an insurance a.s.sociation, they recognize that their interests, formerly isolated by a false spirit of selfishness and independence, are firmly connected by their inner natures, and by the mutuality of their relations. They do not really bind themselves by an act of their private will: they swear to conform henceforth to a previously existing social law hitherto disregarded by them. And this is proved by the fact that these same men, could they avoid a.s.sociation, would not a.s.sociate.

Before they can be induced to unite their interests, they must acquire full knowledge of the dangers of compet.i.tion and isolation; hence the experience of evil is the only thing which leads them into society.

Now I say that, to establish equality among men, it is only necessary to generalize the principle upon which insurance, agricultural, and commercial a.s.sociations are based. I say that compet.i.tion, isolation of interests, monopoly, privilege, acc.u.mulation of capital, exclusive enjoyment, subordination of functions, individual production, the right of profit or increase, the exploitation of man by man, and, to sum up all these species under one head, that PROPERTY is the princ.i.p.al cause of misery and crime. And, for having arrived at this offensive and anti-proprietary conclusion, I am an abhorred monster; radicals and conservatives alike point me out as a fit subject for prosecution; the academies shower their censures upon me; the most worthy people regard me as mad; and those are excessively tolerant who content themselves with the a.s.sertion that I am a fool. Oh, unhappy the writer who publishes the truth otherwise than as a performance of a duty! If he has counted upon the applause of the crowd; if he has supposed that avarice and self-interest would forget themselves in admiration of him; if he has neglected to encase himself within three thicknesses of bra.s.s,--he will fail, as he ought, in his selfish undertaking. The unjust criticisms, the sad disappointments, the despair of his mistaken ambition, will kill him.

But, if I am no longer permitted to express my own personal opinion concerning this interesting question of social equilibrium, let me, at least, make known the thought of my masters, and develop the doctrines advocated in the name of the government.

It never has been my intention, sir, in spite of the vigorous censure which you, in behalf of your academy, have p.r.o.nounced upon the doctrine of equality of fortunes, to contradict and cope with you. In listening to you, I have felt my inferiority too keenly to permit me to enter upon such a discussion. And then,--if it must be said,--however different your language is from mine, we believe in the same principles; you share all my opinions. I do not mean to insinuate thereby, sir, that you have (to use the phraseology of the schools) an ESOTERIC and an EXOTERIC doctrine,--that, secretly believing in equality, you defend property only from motives of prudence and by command. I am not rash enough to regard you as my colleague in my revolutionary projects; and I esteem you too highly, moreover, to suspect you of dissimulation. I only mean that the truths which methodical investigation and laborious metaphysical speculation have painfully demonstrated to me, a profound acquaintance with political economy and a long experience reveal to you. While I have reached my belief in equality by long reflection, and almost in spite of my desires, you hold yours, sir, with all the zeal of faith,--with all the spontaneity of genius. That is why your course of lectures at the Conservatory is a perpetual war upon property and inequality of fortunes; that is why your most learned investigations, your most ingenious a.n.a.lyses, and your innumerable observations always conclude in a formula of progress and equality; that is why, finally, you are never more admired and applauded than at those moments of inspiration when, borne upon the wings of science, you ascend to those lofty truths which cause plebeian hearts to beat with enthusiasm, and which chill with horror men whose intentions are evil. How many times, from the place where I eagerly drank in your eloquent words, have I inwardly thanked Heaven for exempting you from the judgment pa.s.sed by St. Paul upon the philosophers of his time,--"They have known the truth, and have not made it known"! How many times have I rejoiced at finding my own justification in each of your discourses! No, no; I neither wish nor ask for any thing which you do not teach yourself. I appeal to your numerous audience; let it belie me if, in commenting upon you, I pervert your meaning.

A disciple of Say, what in your eyes is more anti-social than the custom-houses; or, as you correctly call them, the barriers erected by monopoly between nations? What is more annoying, more unjust, or more absurd, than this prohibitory system which compels us to pay forty sous in France for that which in England or Belgium would bring us but fifteen? It is the custom-house, you once said, [45] which arrests the development of civilization by preventing the specialization of industries; it is the custom-house which enriches a hundred monopolists by impoveris.h.i.+ng millions of citizens; it is the custom-house which produces famine in the midst of abundance, which makes labor sterile by prohibiting exchange, and which stifles production in a mortal embrace.

It is the custom-house which renders nations jealous of, and hostile to, each other; four-fifths of the wars of all ages were caused originally by the custom-house. And then, at the highest pitch of your enthusiasm, you shouted: "Yes, if to put an end to this hateful system, it should become necessary for me to shed the last drop of my blood, I would joyfully spring into the gap, asking only time enough to give thanks to G.o.d for having judged me worthy of martyrdom!"

And, at that solemn moment, I said to myself: "Place in every department of France such a professor as that, and the revolution is avoided."

But, sir, by this magnificent theory of liberty of commerce you render military glory impossible,--you leave nothing for diplomacy to do; you even take away the desire for conquest, while abolis.h.i.+ng profit altogether. What matters it, indeed, who restores Constantinople, Alexandria, and Saint Jean d'Acre, if the Syrians, Egyptians, and Turks are free to choose their masters; free to exchange their products with whom they please? Why should Europe get into such a turmoil over this petty Sultan and his old Pasha, if it is only a question whether we or the English shall civilize the Orient,--shall instruct Egypt and Syria in the European arts, and shall teach them to construct machines, dig ca.n.a.ls, and build railroads? For, if to national independence free trade is added, the foreign influence of these two countries is thereafter exerted only through a voluntary relations.h.i.+p of producer to producer, or apprentice to journeyman.

Alone among European powers, France cheerfully accepted the task of civilizing the Orient, and began an invasion which was quite apostolic in its character,--so joyful and high-minded do n.o.ble thoughts render our nation! But diplomatic rivalry, national selfishness, English avarice, and Russian ambition stood in her way. To consummate a long-meditated usurpation, it was necessary to crush a too generous ally: the robbers of the Holy Alliance formed a league against dauntless and blameless France. Consequently, at the news of this famous treaty, there arose among us a chorus of curses upon the principle of property, which at that time was acting under the hypocritical formulas of the old political system. The last hour of property seemed to have struck by the side of Syria; from the Alps to the ocean, from the Rhine to the Pyrenees, the popular conscience was aroused. All France sang songs of war, and the coalition turned pale at the sound of these shuddering cries: "War upon the autocrat, who wishes to be proprietor of the old world! War upon the English perjurer, the devourer of India, the poisoner of China, the tyrant of Ireland, and the eternal enemy of France! War upon the allies who have conspired against liberty and equality! War! war! war upon property!"

By the counsel of Providence the emanc.i.p.ation of the nations is postponed. France is to conquer, not by arms, but by example. Universal reason does not yet understand this grand equation, which, commencing with the abolition of slavery, and advancing over the ruins of aristocracies and thrones, must end in equality of rights and fortunes; but the day is not far off when the knowledge of this truth will be as common as that of equality of origin. Already it seems to be understood that the Oriental question is only a question of custom-houses. Is it, then, so difficult for public opinion to generalize this idea, and to comprehend, finally, that if the suppression of custom-houses involves the abolition of national property, it involves also, as a consequence, the abolition of individual property?

In fact, if we suppress the custom-houses, the alliance of the nations is declared by that very act; their solidarity is recognized, and their equality proclaimed. If we suppress the custom-houses, the principle of a.s.sociation will not be slow in reaching from the State to the province, from the province to the city, and from the city to the workshop. But, then, what becomes of the privileges of authors and artists? Of what use are the patents for invention, imagination, amelioration, and improvement? When our deputies write a law of literary property by the side of a law which opens a large breach in the custom-house they contradict themselves, indeed, and pull down with one hand what they build up with the other. Without the custom-house, literary property does not exist, and the hopes of our starving authors are frustrated.

For, certainly you do not expect, with the good man Fourier, that literary property will exercise itself in China to the profit of a French writer; and that an ode of Lamartine, sold by privilege all over the world, will bring in millions to its author! The poet's work is peculiar to the climate in which he lives; every where else the reproduction of his works, having no market value, should be frank and free. But what! will it be necessary for nations to put themselves under mutual surveillance for the sake of verses, statues, and elixirs? We shall always have, then, an excise, a city-toll, rights of entrance and transit, custom-houses finally; and then, as a reaction against privilege, smuggling.

Smuggling! That word reminds me of one of the most horrible forms of property. "Smuggling," you have said, sir, [46] "is an offence of political creation; it is the exercise of natural liberty, defined as a crime in certain cases by the will of the sovereign. The smuggler is a gallant man,--a man of spirit, who gaily busies himself in procuring for his neighbor, at a very low price, a jewel, a shawl, or any other object of necessity or luxury, which domestic monopoly renders excessively dear." Then, to a very poetical monograph of the smuggler, you add this dismal conclusion,--that the smuggler belongs to the family of Mandrin, and that the galleys should be his home!

But, sir, you have not called attention to the horrible exploitation which is carried on in this way in the name of property.

It is said,--and I give this report only as an hypothesis and an ill.u.s.tration, for I do not believe it,--it is said that the present minister of finances owes his fortune to smuggling. M. Humann, of Strasbourg, sent out of France, it is said, enormous quant.i.ties of sugar, for which he received the bounty on exportation promised by the State; then, smuggling this sugar back again, he exported it anew, receiving the bounty on exportation a second time, and so on. Notice, sir, that I do not state this as a fact; I give it only as it is told, not endorsing or even believing it. My sole design is to fix the idea in the mind by an example. If I believed that a minister had committed such a crime, that is, if I had personal and authentic knowledge that he had, I would denounce M. Humann, the minister of finances, to the Chamber of Deputies, and would loudly demand his expulsion from the ministry.

But that which is undoubtedly false of M. Humann is true of many others, as rich and no less honorable than he. Smuggling, organized on a large scale by the eaters of human flesh, is carried on to the profit of a few pashas at the risk and peril of their imprudent victims. The inactive proprietor offers his merchandise for sale; the actual smuggler risks his liberty, his honor, and his life. If success crowns the enterprise, the courageous servant gets paid for his journey; the profit goes to the coward. If fortune or treachery delivers the instrument of this execrable traffic into the hands of the custom-house officer, the master-smuggler suffers a loss which a more fortunate voyage will soon repair. The agent, p.r.o.nounced a scoundrel, is thrown into prison in company with robbers; while his glorious patron, a juror, elector, deputy, or minister, makes laws concerning expropriation, monopoly, and custom-houses!

I promised, at the beginning of this letter, that no attack on property should escape my pen, my only object being to justify myself before the public by a general recrimination. But I could not refrain from branding so odious a mode of exploitation, and I trust that this short digression will be pardoned. Property does not avenge, I hope, the injuries which smuggling suffers.

The conspiracy against property is general; it is flagrant; it takes possession of all minds, and inspires all our laws; it lies at the bottom of all theories. Here the proletaire pursues property in the street, there the legislator lays an interdict upon it; now, a professor of political economy or of industrial legislation, [47] paid to defend it, undermines it with redoubled blows; at another--time, an academy calls it in question, [48] or inquires as to the progress of its demolition. [49] To-day there is not an idea, not an opinion, not a sect, which does not dream of muzzling property. None confess it, because none are yet conscious of it; there are too few minds capable of grasping spontaneously this ensemble of causes and effects, of principles and consequences, by which I try to demonstrate the approaching disappearance of property; on the other hand, the ideas that are generally formed of this right are too divergent and too loosely determined to allow an admission, so soon, of the contrary theory. Thus, in the middle and lower ranks of literature and philosophy, no less than among the common people, it is thought that, when property is abolished, no one will be able to enjoy the fruit of his labor; that no one will have any thing peculiar to himself, and that tyrannical communism will be established on the ruins of family and liberty!--chimeras, which are to support for a little while longer the cause of privilege.

But, before determining precisely the idea of property, before seeking amid the contradictions of systems for the common element which must form the basis of the new right, let us cast a rapid glance at the changes which, at the various periods of history, property has undergone. The political forms of nations are the expression of their beliefs. The mobility of these forms, their modification and their destruction, are solemn experiences which show us the value of ideas, and gradually eliminate from the infinite variety of customs the absolute, eternal, and immutable truth. Now, we shall see that every political inst.i.tution tends, necessarily, and on pain of death, to equalize conditions; that every where and always equality of fortunes (like equality of rights) has been the social aim, whether the plebeian cla.s.ses have endeavored to rise to political power by means of property, or whether--rulers already--they have used political power to overthrow property. We shall see, in short, by the progress of society, that the consummation of justice lies in the extinction of individual domain.

For the sake of brevity, I will disregard the testimony of ecclesiastical history and Christian theology: this subject deserves a separate treatise, and I propose hereafter to return to it. Moses and Jesus Christ proscribed, under the names of usury and inequality, [50]

all sorts of profit and increase. The church itself, in its purest teachings, has always condemned property; and when I attacked, not only the authority of the church, but also its infidelity to justice, I did it to the glory of religion. I wanted to provoke a peremptory reply, and to pave the way for Christianity's triumph, in spite of the innumerable attacks of which it is at present the object. I hoped that an apologist would arise forthwith, and, taking his stand upon the Scriptures, the Fathers, the canons, and the councils and const.i.tutions of the Popes, would demonstrate that the church always has maintained the doctrine of equality, and would attribute to temporary necessity the contradictions of its discipline. Such a labor would serve the cause of religion as well as that of equality. We must know, sooner or later, whether Christianity is to be regenerated in the church or out of it, and whether this church accepts the reproaches cast upon it of hatred to liberty and antipathy to progress. Until then we will suspend judgment, and content ourselves with placing before the clergy the teachings of history.

When Lycurgus undertook to make laws for Sparta, in what condition did he find this republic? On this point all historians agree. The people and the n.o.bles were at war. The city was in a confused state, and divided by two parties,--the party of the poor, and the party of the rich. Hardly escaped from the barbarism of the heroic ages, society was rapidly declining. The proletariat made war upon property, which, in its turn, oppressed the proletariat. What did Lycurgus do? His first measure was one of general security, at the very idea of which our legislators would tremble. He abolished all debts; then, employing by turns persuasion and force, he induced the n.o.bles to renounce their privileges, and re-established equality.

Lycurgus, in a word, hunted property out of Lacedaemon, seeing no other way to harmonize liberty, equality, and law. I certainly should not wish France to follow the example of Sparta; but it is remarkable that the most ancient of Greek legislators, thoroughly acquainted with the nature and needs of the people, more capable than any one else of appreciating the legitimacy of the obligations which he, in the exercise of his absolute authority, cancelled; who had compared the legislative systems of his time, and whose wisdom an oracle had proclaimed,--it is remarkable, I say, that Lycurgus should have judged the right of property incompatible with free inst.i.tutions, and should have thought it his duty to preface his legislation by a coup d'etat which destroyed all distinctions of fortune.

Lycurgus understood perfectly that the luxury, the love of enjoyments, and the inequality of fortunes, which property engenders, are the bane of society; unfortunately the means which he employed to preserve his republic were suggested to him by false notions of political economy, and by a superficial knowledge of the human heart. Accordingly, property, which this legislator wrongly confounded with wealth, reentered the city together with the swarm of evils which he was endeavoring to banish; and this time Sparta was hopelessly corrupted.

"The introduction of wealth," says M. Pastoret, "was one of the princ.i.p.al causes of the misfortunes which they experienced. Against these, however, the laws had taken extraordinary precautions, the best among which was the inculcation of morals which tended to suppress desire."

The best of all precautions would have been the antic.i.p.ation of desire by satisfaction. Possession is the sovereign remedy for cupidity, a remedy which would have been the less perilous to Sparta because fortunes there were almost equal, and conditions were nearly alike. As a general thing, fasting and abstinence are bad teachers of moderation.

"There was a law," says M. Pastoret again, "to prohibit the rich from wearing better clothing than the poor, from eating more delicate food, and from owning elegant furniture, vases, carpets, fine houses," &c.

Lycurgus hoped, then, to maintain equality by rendering wealth useless.

How much wiser he would have been if, in accordance with his military discipline, he had organized industry and taught the people to procure by their own labor the things which he tried in vain to deprive them of.

In that case, enjoying happy thoughts and pleasant feelings, the citizen would have known no other desire than that with which the legislator endeavored to inspire him,--love of honor and glory, the triumphs of talent and virtue.

"Gold and all kinds of ornaments were forbidden the women." Absurd.

After the death of Lycurgus, his inst.i.tutions became corrupted; and four centuries before the Christian era not a vestige remained of the former simplicity. Luxury and the thirst for gold were early developed among the Spartans in a degree as intense as might have been expected from their enforced poverty and their inexperience in the arts. Historians have accused Pausanias, Lysander, Agesilaus, and others of having corrupted the morals of their country by the introduction of wealth obtained in war. It is a slander. The morals of the Spartans necessarily grew corrupt as soon as the Lacedaemonian poverty came in contact with Persian luxury and Athenian elegance. Lycurgus, then, made a fatal mistake in attempting to inspire generosity and modesty by enforcing vain and proud simplicity.

"Lycurgus was not frightened at idleness! A Lacedemonian, happening to be in Athens (where idleness was forbidden) during the punishment of a citizen who had been found guilty, asked to see the Athenian thus condemned for having exercised the rights of a free man.... It was one of the principles of Lycurguss, acted upon for several centuries, that free men should not follow lucrative professions.... The women disdained domestic labor; they did not spin their wool themselves, as did the other Greeks [they did not, then, read Homer!]; they left their slaves to make their clothing for them."--Pastoret: History of Legislation.

Could any thing be more contradictory? Lycurgus proscribed property among the citizens, and founded the means of subsistence on the worst form of property,--on property obtained by force. What wonder, after that, that a lazy city, where no industry was carried on, became a den of avarice? The Spartans succ.u.mbed the more easily to the allurements of luxury and Asiatic voluptuousness, being placed entirely at their mercy by their own coa.r.s.eness. The same thing happened to the Romans, when military success took them out of Italy,--a thing which the author of the prosopopoeia of Fabricius could not explain. It is not the cultivation of the arts which corrupts morals, but their degradation, induced by inactive and luxurious opulence. The instinct of property is to make the industry of Daedalus, as well as the talent of Phidias, subservient to its own fantastic whims and disgraceful pleasures.

Property, not wealth, ruined the Spartans.

When Solon appeared, the anarchy caused by property was at its height in the Athenian republic. "The inhabitants of Attica were divided among themselves as to the form of government. Those who lived on the mountains (the poor) preferred the popular form; those of the plain (the middle cla.s.s), the oligarchs; those by the sea coast, a mixture of oligarchy and democracy. Other dissensions were arising from the inequality of fortunes. The mutual antagonism of the rich and poor had become so violent, that the one-man power seemed the only safe-guard against the revolution with which the republic was threatened."

(Pastoret: History of Legislation.)

Quarrels between the rich and the poor, which seldom occur in monarchies, because a well established power suppresses dissensions, seem to be the life of popular governments. Aristotle had noticed this.

The oppression of wealth submitted to agrarian laws, or to excessive taxation; the hatred of the lower cla.s.ses for the upper cla.s.s, which is exposed always to libellous charges made in hopes of confiscation,--these were the features of the Athenian government which were especially revolting to Aristotle, and which caused him to favor a limited monarchy. Aristotle, if he had lived in our day, would have supported the const.i.tutional government. But, with all deference to the Stagirite, a government which sacrifices the life of the proletaire to that of the proprietor is quite as irrational as one which supports the former by robbing the latter; neither of them deserve the support of a free man, much less of a philosopher.

Solon followed the example of Lycurgus. He celebrated his legislative inauguration by the abolition of debts,--that is, by bankruptcy. In other words, Solon wound up the governmental machine for a longer or shorter time depending upon the rate of interest. Consequently, when the spring relaxed and the chain became unwound, the republic had either to perish, or to recover itself by a second bankruptcy. This singular policy was pursued by all the ancients. After the captivity of Babylon, Nehemiah, the chief of the Jewish nation, abolished debts; Lycurgus abolished debts; Solon abolished debts; the Roman people, after the expulsion of the kings until the accession of the Caesars, struggled with the Senate for the abolition of debts. Afterwards, towards the end of the republic, and long after the establishment of the empire, agriculture being abandoned, and the provinces becoming depopulated in consequence of the excessive rates of interest, the emperors freely granted the lands to whoever would cultivate them,--that is, they abolished debts. No one, except Lycurgus, who went to the other extreme, ever perceived that the great point was, not to release debtors by a coup d'etat, but to prevent the contraction of debts in future.