t of the necessary relation of rich men
to poor, which ultimately, in one way or another, involves the
direction of, or authority over, the labour of the poor; and this nearly
as much over their mental as their bodily labour. The business of the
economist is to show how this direction may be a Just one.
The power of PROVISION is dependent upon the redundance of wealth, which
may of course by active persons be made available in preparation for
future work or future profit; in which function riches have generally
received the name of capital; that is to say, of head-, or
source-material. The business of the economist is to show how this
provision may be a Distant one.
30. The examination of these three functions of riches will embrace
every final problem of political economy;--and, above, or before all,
this curious and vital problem,--whether, since the wholesome action of
riches in these three functions will depend (it appears), on the Wisdom,
Justice, and Farsightedness of the holders; and it is by no means to be
assumed that persons primarily rich, must therefore be just and
wise,--it may not be ultimately possible so, or somewhat so, to arrange
matters, as that persons primarily just and wise, should therefore be
rich?
Such being the general plan of the inquiry before us, I shall not limit
myself to any consecutive following of it, having hardly any good hope
of being able to complete so laborious a work as it must prove to me;
but from time to time, as I have leisure, shall endeavour to carry
forward this part or that, as may be immediately possible; indicating
always with accuracy the place which the particular essay will or should
take in the completed system.
FOOTNOTES:
[10] _See_ Appendix I.
[11] Observe these definitions,--they are of much importance,--and
connect with them the sentences in italics on this and the next page.
[12] [I cannot now recast these sentences, pedantic in their
generalization, and intended more for index than statement, but I must
guard the reader from thinking that I ever wish for cheapness by bad
quality. A poor boy need not always learn mathematics; but, if you set
him to do so, have the farther kindness to give him good compasses, not
cheap ones, whose points bend like lead.]
[13] [I regret the ironical manner in which this passage, one of great
importance in the matter of it, was written. The gist of it is, that the
first of all inquiries respecting the wealth of a
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