To return: the conclusion of the Economists is for Liberty. But in order that this conclusion should take hold of men’s minds and hearts, it must be solidly based on this fundamental principle, that interests, left to themselves, tend to harmonious combinations, and to the progressive preponderance of the general good. [p038]

Now many Economists, some of them writers of authority, have advanced propositions, which, step by step, lead logically to absolute evil, necessary injustice, fatal and progressive inequality, and inevitable pauperism, etc.

Thus, there are very few of them who, so far as I know, have not attributed value to natural agents, to the gifts which God has vouchsafed gratuitously to His creatures. The word value implies that we do not give away the portion of it which we possess except for an equivalent consideration. Here, then, we have men, especially proprietors of land, bartering for effective labour the gifts of God, and receiving recompense for utilities in the creation of which their labour has had no share—an evident, but a necessary, injustice, say these writers.

Then comes the famous theory of Ricardo, which may be summed up in a few words: The price of the necessaries of life depends on the labour required to produce them on the least productive land in cultivation. Then the increase of population obliges us to have recourse to soils of lower and lower fertility. Consequently mankind at large (all except the landowners) are forced to give a larger and larger amount of labour for the same amount of subsistence; or, what comes to the same thing, to receive a less and less amount of subsistence for the same amount of labour,—whilst the landowners see their rentals swelling by every new descent to soils of an inferior quality. Conclusion: Progressive opulence of men of leisure—progressive poverty of men of labour; in other words, fatal inequality.

Finally, we have the still more celebrated theory of Malthus, that population has a tendency to increase more rapidly than the means of subsistence, and that at every given moment of the life of man. Now, men cannot be happy, or live in peace, if they have not the means of support; and there are but two obstacles to this increase of population which is always threatening us, namely, a diminished number of births, or an increase of mortality in all its dreadful forms. Moral restraint, to be efficacious, must be universal, and no one expects that. There remains, then, only the repressive obstacles—vice, poverty, war, pestilence, famine; in other words, pauperism and death.

I forbear to mention other systems of a less general bearing, which tend in the same way to bring us to a dead-stand. Monsieur de Tocqueville, for example, and many others, tell us, if we admit the right of primogeniture, we arrive at the most concentrated aristocracy—if we do not admit it, we arrive at ruin and sterility. [p039]

And it is worthy of remark, that these four melancholy theories do not in the least decree run foul of each other. If they did, we might console ourselves with the reflection that they are alike false, since they refute each other. But no,—they are in unison, and make part of one and the same general theory, which, supported by numerous and specious facts, would seem to explain the spasmodic state of modern society, and, fortified by the assent of many masters in the science, presents itself with frightful authority to the mind of the confused and discouraged inquirer.

We have still to discover how the authors of this melancholy theory have been able to lay down, as their principle, the harmony of interests, and, as their conclusion, Liberty.

For if mankind are indeed urged on by the laws of Value towards Injustice,—by the laws of Rent towards Inequality,—by the laws of Population towards Poverty,—by the laws of Inheritance towards Sterility,—we can no longer affirm that God has made the moral as He has made the natural world—a harmonious work; we must bow the head and confess that it has pleased Him to base it on revolting and irremediable dissonance.

You must not suppose, young men, that the Socialists have refuted and repudiated what, in order to wound no one’s susceptibilities, I shall call the theory of dissonances. No; let them say as they will, they have assumed the truth of that theory, and it is just because they have assumed its truth that they propose to substitute Constraint for Liberty, artificial for natural organization, their own inventions for the work of God. They say to their opponents (and in this, perhaps, they are more consistent than the latter),—if, as you have told us, human interests when left to themselves tend to harmonious combination, we cannot do better than welcome and magnify Liberty as you do. But you have demonstrated unanswerably that those interests, if allowed to develop themselves freely, urge mankind towards injustice, inequality, pauperism, and sterility. Your theory, then, provokes reaction precisely because it is true. We desire to break up the existing fabric of society just because it is subject to the fatal laws which you have described; we wish to make trial of our own powers, seeing that the power of God has miscarried.