phecy, and would succeed in mastering the
beast. Well! by the most careful interpretation of our axiom we shall
kill the sphinx of property.

Starting from this eminently characteristic fact--the RIGHT OF
INCREASE--we shall pursue the old serpent through his coils; we shall
count the murderous entwinings of this frightful taenia, whose head,
with its thousand suckers, is always hidden from the sword of its most
violent enemies, though abandoning to them immense fragments of its
body. It requires something more than courage to subdue this monster.
It was written that it should not die until a proletaire, armed with a
magic wand, had fought with it.

COROLLARIES.--1. THE AMOUNT OF INCREASE IS PROPORTIONAL TO THE THING
INCREASED. Whatever be the rate of interest,--whether it rise to three,
five, or ten per cent., or fall to one-half, one-fourth, one-tenth,--it
does not matter; the law of increase remains the same. The law is as
follows:--

All capital--the cash value of which can be estimated--may be considered
as a term in an arithmetical series which progresses in the ratio of one
hundred, and the revenue yielded by this capital as the corresponding
term of another arithmetical series which progresses in a ratio equal to
the rate of interest. Thus, a capital of five hundred francs being the
fifth term of the arithmetical progression whose ratio is one hundred,
its revenue at three per cent. will be indicated by the fifth term of
the arithmetical progression whose ratio is three:--

100 . 200 . 300 . 400 . 500.
3 . 6 . 9 . 12 . 15.

An acquaintance with this sort of LOGARITHMS--tables of which,
calculated to a very high degree, are possessed by proprietors--will
give us the key to the most puzzling problems, and cause us to
experience a series of surprises.

By this LOGARITHMIC theory of the right of increase, a piece of
property, together with its income, may be defined as A NUMBER WHOSE
LOGARITHM IS EQUAL TO THE SUM OF ITS UNITS DIVIDED BY ONE HUNDRED, AND
MULTIPLIED BY THE RATE OF INTEREST. For instance; a house valued at one
hundred thousand francs, and leased at five per cent., yields a revenue
of five thousand francs, according to the formula 100,000 x 5 / 100 =
five thousand. Vice versa, a piece of land which yields, at two and a
half per cent., a revenue of three thousand francs is worth one hundred
and twenty thousand francs, according to this other formula;
3,000 x 1