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practice of one。



    The fact is; that people never have had clearly explained to



them the true functions of a merchant with respect to other



people。 I should like the reader to be very clear about this。



    Five great intellectual professions; relating to daily



necessities of life; have hitherto existed  three exist



necessarily; in every civilised nation:



    The Soldier's profession is to defend it。



    The Pastor's to teach it。



    The Physician's to keep it in health。



    The lawyer's to enforce justice in it。



    The Merchant's to provide for it。



And the duty of all these men is; on due occasion; to die for it。



    〃On due occasion;〃 namely: …



    The Soldier; rather than leave his post in battle。



    The Physician; rather than leave his post in plague。



    The Pastor; rather than teach Falsehood。



    The lawyer; rather than countenance Injustice。



    The Merchant…what is his 〃due occasion〃 of death?



    It is the main question for the merchant; as for all of us。



For; truly; the man who does not know when to die; does not know



how to live。



    Observe; the merchant's function (or manufacturer's; for in



the broad sense in which it is here used the word must be



understood to include both) is to provide for the nation。 It is



no more his function to get profit for himself out of that



provision than it is a clergyman's function to get his stipend。



This stipend is a due and necessary adjunct; but not the object



of his life; if he be a true clergyman; any more than his fee (or



honorarium) is the object of life to a true physician。 Neither is



his fee the object of life to a true merchant。 All three; if true



men; have a work to be done irrespective of fee  to be done



even at any cost; or for quite the contrary of fee; the pastor's



function being to teach; the physician's to heal; and the



merchant's; as I have said; to provide。 That is to say; he has to



understand to their very root the qualities of the thing he deals



in; and the means of obtaining or producing it; and he has to



apply all his sagacity and energy to the producing or obtaining



it in perfect state; and distributing it at the cheapest possible



price where it is most needed。



    And because the production or obtaining of any commodity



involves necessarily the agency of many lives and hands; the



merchant becomes in the course of his business the master and



governor of large masses of men in a more direct; though less



confessed way; than a military officer or pastor; so that on him



falls; in great part; the responsibility for the kind of life



they lead: and it becomes his duty; not only to be always



considering how to produce what he sells; in the purest and



cheapest forms; but how to make the various employments involved



in the production; or transference of it; most beneficial to the



men employed。



    And as into these two functions; requiring for their right



exercise the highest intelligence; as well as patience; kindness;



and tact; the merchant is bound to put all his energy; so for



their just discharge he is bound; as soldier or physician is



bound; to give up; if need be; his life; in such way as it may be



demanded of him。 Two main points he has in his providing function



to maintain: first; his engagements (faithfulness to engagements



being the real root of all possibilities; in commerce); and;



secondly; the perfectness and purity of the thing provided; so



that; rather than fail in any engagement; or consent to any



deterioration; adulteration; or unjust and exorbitant price of



that which he provides; he is bound to meet fearlessly any form



of distress; poverty; or labour; which may; through maintenance



of these points; come upon him。



    Again: in his office as governor of the men employed by him;



the merchant or manufacturer is invested with a distinctly



paternal authority and responsibility。 In most cases; a youth



entering a commercial establishment is withdrawn altogether from



home influence; his master must become his father; else he has;



for practical and constant help; no father at hand: in all cases



the master's authority; together with the general tone and



atmosphere of his business; and the character of the men with



whom the youth is compelled in the course of it to associate;



have more immediate and pressing weight than the home influence;



and will usually neutralize it either for good or evil; so that



the only means which the master has of doing justice to the men



employed by him is to ask himself sternly whether he is dealing



with such subordinate as he would with his own son; if compelled



by circumstances to take such a position。



    Supposing the captain of a frigate saw it right; or were by



any chance obliged; to place his own son in the position of a



common sailor: as he would then treat his son; he is bound always



to treat every one of the men under him。 So; also; supposing the



master of a manufactory saw it right; or were by any chance



obliged; to place his own son in the position of an ordinary



workman; as he would then treat his son; he is bound always to



treat every one of his men。 This is the only effective; true; or



practical Rule which can be given on this point of political



economy。



    And as the captain of a ship is bound to be the last man to



leave his ship in case of wreck; and to share his last crust with



the sailors in case of famine; so the manufacturer; in any



commercial crisis or distress; is bound to take the suffering of



it with his men; and even to take more of it for himself than he



allows his men to feel; as a father would in a famine; shipwreck;



or battle; sacrifice himself for his son。



    All which sounds very strange: the only real strangeness in



the matter being; nevertheless; that it should so sound。 For all



this is true; and that not partially nor theoretically; but



everlastingly and practically: all other doctrine than this



respecting matters political being false in premises; absurd in



deduction; and impossible in practice; consistently with any



progressive state of national life; all the life which we now



possess as a nation showing itself in the resolute denial and



scorn; by a few strong minds and faithful hearts; of the economic



principles taught to our multitudes; which principles; so far as



accepted; lead straight to national destruction。 Respecting the



modes and forms of destruction to which they lead; and; on the



other hand; respecting the farther practical working of true



polity; I hope to reason farther in a following paper。







The Veins of Wealth







    The answer which would be made by any ordinary political



economist to the statements contained in the preceding paper; is



in few words as follows:



    〃It is indeed true that certain advantages of a general



nature may be obtained by the development of social affections。



But political economists never professed; nor profess; to take



advantages of a general nature into consideration。 Our science is



simply the science of getting rich。 So far from being a



fallacious or visionary one; it is found by experience to be



practically effective。 Persons who follow its precepts do



actually become rich; and persons who disobey them become poor。



Every capitalist of Europe has acquired his fortune by following



the known laws of our science; and increases his capital daily by



an adherence to them。 It is vain to bring forward tricks of



logic; against the force of accomplished facts。 Every man of



business knows by experience how money is made; and how it is



lost。〃



    Pardon me。 Men of business do indeed know how they themselves



made their money; or how; on occasion; they lost it。 Playing a



long…practised game; they are familiar with the chances of its



cards; and can rightly explain their losses and gains。 But they



neither know who keeps the bank of the gambling…house; nor what



other games may be played with the same cards; nor what other



losses and gains; far away among the dark streets; are



essentially; though invisibly; dependent on theirs in the lighted



rooms。 They have learned a few; and only a few; of the laws of



mercantile economy; but not one of those of political economy。



    Primarily; which is very notable and curious; I observe that



men of business rarely know the meaning of the word 〃rich。〃 At



least; if they know; they do not in their reasonings allow for



the fact; that it is a relative word; implying its opposite



〃poor〃 as positively as the word 〃north〃 implies its opposite



〃south。〃 Men nearly always speak and write as if riches were



absolute; and it were possible; by following certain scientific



precepts; for everybody to be rich。 Whereas riches are a power



like that of electricity; acting only through inequalities or



negations of itself。 The force of the guinea you have in your



pocket depends wholly on the default of a guinea in your



neighbour's pocket。 If he did not want it; it would be of no use



to you; the degree of power it possesses depends accurately upon



the need or desire he has for it;  and the art of making



yourself rich; in the ordinary mercantile economist's sense; is



therefore equally and necessarily the art of keeping your



neighbour poor。



    I would not contend in this matter (and rarely in any matter)



for the acceptance of terms。 But I wish the reader clearly and



deeply
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