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tance, there is not a father of a family who does not think it his duty to teach his children order, system, the habits of carefulness, of economy, and of moderation in spending money. There is no religion which does not thunder against pomp and luxury. This is as it should be; but, on the other hand, how frequently do we hear the following remarks:-- "To hoard, is to drain the veins of the people." "The luxury of the great is the comfort of the little." "Prodigals ruin themselves, but they enrich the State." "It is the superfluity of the rich which makes bread for the poor." Here, certainly, is a striking contradiction between the moral and the social idea. How many eminent spirits, after having made the assertion, repose in peace. It is a thing I never could understand, for it seems to me that nothing can be more distressing than to discover two opposite tendencies in mankind. Why, it comes to degradation at each of the extremes: economy brings it to misery; prodigality plunges it into moral degradation. Happily, these vulgar maxims exhibit economy and luxury in a false light, taking account, as they do, of those immediate consequences _which are seen_, and not of the remote ones, _which are not seen_. Let us see if we can rectify this incomplete view of the case. Mondor and his brother Aristus, after dividing the parental inheritance, have each an income of 50,000 francs. Mondor practises the fashionable philanthropy. He is what is called a squanderer of money. He renews his furniture several times a year; changes his equipages every month. People talk of his ingenious contrivances to bring them sooner to an end: in short, he surpasses the fast livers of Balzac and Alexander Dumas. Thus everybody is singing his praises. It is, "Tell us about Mondor! Mondor for ever! He is the benefactor of the workman; a blessing to the people. It is true, he revels in dissipation; he splashes the passers-by; his own dignity and that of human nature are lowered a little; but what of that? He does good with his fortune, if not with himself. He causes money to circulate; he always sends the tradespeople away satisfied. Is not money made round that it may roll?" Aristus has adopted a very different plan of life. If he is not an egotist, he is, at any rate, an _individualist_, for he considers expense, seeks only moderate and reasonable enjoyments, thinks of his children's prospects, and, in fact, he _economises_. A
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