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    Then his companion might say; with perfect justice; 〃I will



do this additional work for you; but if I do it; you must promise



to do as much for me at another time。 I will count how many hours



I spend on your ground; and you shall give me a written promise



to work for the same number of hours on mine; whenever I need



your help; and you are able to give it。〃 Suppose the disabled



man's sickness to continue; and that under various circumstances;



for several years; requiring the help of the other; he on each



occasion gave a written pledge to work; as soon as he was able;



at his companion's orders; for the same number of hours which the



other had given up to him。 What will the positions of the two men



be when the invalid is able to resume work?



    Considered as a 〃Polis;〃 or state; they will be poorer than



they would have been otherwise: poorer by the withdrawal of what



the sick man's labour would have produced in the interval。 His



friend may perhaps have toiled with an energy quickened by the



enlarged need; but in the end his own land and property must have



suffered by the withdrawal of so much of his time and thought



from them: and the united property of the two men will be



certainly less than it would have been if both had remained in



health and activity。



    But the relations in which they stand to each other are also



widely altered。 The sick man has not only pledged his labour for



some years; but will probably have exhausted his own share of the



accumulated stores; and will be in consequence for some time



dependent on the other for food; which he can only 〃pay〃 or



reward him for by yet more deeply pledging his own labour。



    Supposing the written promises to be held entirely valid



(among civilized nations their validity is secured by legal



measures(3*)); the person who had hitherto worked for both might



now; if he chose; rest altogether; and pass his time in idleness;



not only forcing his companion to redeem all the engagements he



had already entered into; but exacting from him pledges for



further labour; to an arbitrary amount; for what food he had to



advance to him。



    There might not; from first to last; be the least illegality



(in the ordinary sense of the word) in the arrangement; but if a



stranger arrived on the coast at this advanced epoch of their



political economy; he would find one man commercially Rich; the



other commercially Poor。 He would see; perhaps; with no small



surprise; one passing his days in idleness; the other labouring



for both; and living sparely; in the hope of recovering his



independence at some distant period。



    This is; of course; an example of one only out of many ways



in which inequality of possession may be established between



different persons; giving rise to the Mercantile forms of Riches



and Poverty。 In the instance before us; one of the men might from



the first have deliberately chosen to be idle; and to put his



life in pawn for present ease; or he might have mismanaged his



land; and been compelled to have recourse to his neighbour for



food and help; pledging his future labour for it。 But what I want



the reader to note especially is the fact; common to a large



number of typical cases of this kind; that the establishment of



the mercantile wealth which consists in a claim upon labour;



signifies a political diminution of the real wealth which



consists in substantial possessions。



    Take another example; more consistent with the ordinary



course of affairs of trade。 Suppose that three men; instead of



two; formed the little isolated republic; and found themselves



obliged to separate; in order to farm different pieces of land at



some distance from each other along the coast: each estate



furnishing a distinct kind of produce; and each more or less in



need of the material raised on the other。 Suppose that the third



man; in order to save the time of all three; undertakes simply to



superintend the transference of commodities from one farm to the



other; on condition of receiving some sufficiently remunerative



share of every parcel of goods conveyed; or of some other parcel



received in exchange for it。



    If this carrier or messenger always brings to each estate;



from the other; what is chiefly wanted; at the right time; the



operations of the two farmers will go on prosperously; and the



largest possible result in produce; or wealth; will be attained



by the little community。 But suppose no intercourse between the



landowners is possible; except through the travelling agent; and



that; after a time; this agent; watching the course of each man's



agriculture; keeps back the articles with which he has been



entrusted until there comes a period of extreme necessity for



them; on one side or other; and then exacts in exchange for them



all that the distressed farmer can spare of other kinds of



produce: it is easy to see that by ingeniously watching his



opportunities; he might possess himself regularly of the greater



part of the superfluous produce of the two estates; and at last;



in some year of severest trial or scarcity; purchase both for



himself and maintain the former proprietors thenceforward as his



labourers or servants。



    This would be a case of commercial wealth acquired on the



exactest principles of modern political economy。 But more



distinctly even than in the former instance; it is manifest in



this that the wealth of the State; or of the three men considered



as a society; is collectively less than it would have been had



the merchant been content with juster profit。 The operations of



the two agriculturists have been cramped to the utmost; and the



continual limitations of the supply of things they wanted at



critical times; together with the failure of courage consequent



on the prolongation of a struggle for mere existence; without any



sense of permanent gain; must have seriously diminished the



effective results of their labour; and the stores finally



accumulated in the merchant's hands will not in any wise be of



equivalent value to those which; had his dealings been honest;



would have filled at once the granaries of the farmers and his



own。



    The whole question; therefore; respecting not only the



advantage; but even the quantity; of national wealth; resolves



itself finally into one of abstract justice。 It is impossible to



conclude; of any given mass of acquired wealth; merely by the



fact of its existence; whether it signifies good or evil to the



nation in the midst of which it exists。 Its real value depends on



the moral sign attached to it; just as sternly a
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