Admitting, now, that the law were different, and that instead of commencing on the rich soils and then passing toward the poor ones, they commenced on the poor soils of the hills and gradually made their way down to the rich ones of the swamps and river-bottoms, would not one of the differences referred to by Mr. Mill consist in this, that whereas the old theory tended to establish a constant increase in the necessities of man, with constant deterioration, of his condition and growing inequality among men, the new one would tend to establish a constant increase of his powers, with constant improvement of condition and growing equality among men, wherever the laws of God were permitted to control their operations?
Again, might not another of those differences consist in the establishment of the facts that instead of there having been a mistake on the part of the Creator, there had been a serious one on that of the economists, in attributing to those little scraps of the earth that man forms into wagons, ships, and steam-engines, and which he calls capital, an importance greater than is assigned to the earth of which they are so trivial a portion; and that the latter was the real bank, the source of all capital, from which he can have loans to an extent almost unlimited, provided he recollects that they are loans, and not gifts, and that his credit with this banker, as well as with all others, cannot be maintained without a punctual repayment of the matter borrowed when he has ceased to need it?
Further, as the old theory furnishes propositions to, which the exceptions are seen to be so numerous that every new writer finds himself compelled to modify it in some manner with a view to cover those exceptions, might not another, of the differences consist in its furnishing laws as universally true as are those of Copernicus, Kepler, or Newton—laws that gave proof of their truth by being everywhere in harmony with each other, and productive everywhere of harmony; and would not the following form a part of them?—
I. That the poor and solitary man commences everywhere with poor machinery, and that everywhere, as population and wealth increase, he obtains better machinery, and production is increased. The first poor settler has no cup, and he takes up water in his hand. He has no hogs or cattle to yield him oil, and he is compelled to depend on pine-knots for artificial light. He has no axe, and he cannot fell a tree, either to supply himself with fuel or to clear his land. He has no saw, and he is compelled to seek shelter under a rock, because he is unable to build himself a house. He has no spade, and he is compelled to cultivate land that is too poor to need clearing, and too dry to require drainage. He has no horse, and is obliged to carry his little crop of grain on his shoulders. He has no mill, and is compelled to pound his grain between stones, or to eat it unground, as did the Romans for so many centuries. With the growth of wealth and population he obtains machinery that enables him to command the services of the various natural agents by which he is surrounded; and he now obtains more water, more light, more heat, and more power at less cost of labour; and he cultivates rich lands that yield food more largely, while he transports its products, by means of a wagon or a railroad car, converts it into flour by aid of steam, and exchanges it readily with, the man who converts his food and his wool into cloth, or food and ore into iron,—and thus passes from poor to better machinery of production, transportation, and exchange, with increasing reward of labour, and diminishing value of all the products of labour.
II. That the poor settler gives a large proportion of the produce of his labour for the use of poor machinery of production, transportation, and exchange; but the produce being small, the quantity of rent then paid is very small. He is a slave to the owner of landed or other capital.
III. That with the increased productiveness of labour there is increased facility for the reproduction of machinery required for the production of water, light, fuel, and food; and that this diminution in the cost of reproduction is attended with a constant diminution in the value of all such machinery previously accumulated, and diminution in the proportion of the product of labour that can be demanded as rent for their use; and thus, while labour steadily increases in its power to yield commodities of every kind required by man, capital as steadily diminishes in its power over the labourer. Present labour obtains a constantly increasing proportion of a constantly increasing quantity, while the claims of the accumulations of past labour (capital) are rewarded with an increasing quantity, but rapidly diminishing proportion; and that there is thus, with the growth of population and wealth, a daily tendency toward improvement and equality of condition.
IV. That increase in the quantity of the landlord or other capitalist is evidence of increase in the labourer's proportion, and of large increase of his quantity, with constantly increasing tendency toward freedom of thought, speech, action, and trade, and that it is precisely as land acquires value that man becomes free.
Here is a system, all the parts of which are in perfect harmony with each other, and all tending to the production of harmony among the various portions of society, and the different nations of the earth. Under them, we see men beginning on the higher and poorer lands and gradually coming together in the valleys, with steady tendency to increase in the power of association, and in the power to assert the right Of perfect self-government. It is thus the system of freedom. Population enables men to cultivate the richer soils, and food tends to increase more rapidly than population, giving men leisure for the cultivation of their minds and those of their children. Increased intelligence enables man from year to year to obtain larger loans from the great bank—the earth—while with the increased diversification of labour he is enabled more and more to repay them by the restoration of the manure to the place from which the food had been derived.
Here are laws tending to the promotion of kindly feelings, and to the enabling of man to carry fully into effect the great law which lies at the base of Christianity—doing to his neighbours as he would that they should do unto him. They are laws whose constant and uniform truth may be seen in reference to every description of capital and of labour, and in all the communities of the world, large and small, in present and in past times. Being laws, they admit of no exceptions any more than do the great astronomical ones. They recognise the whole product of labour as being the property of the labourer of the past and the present; the former represented by the proprietor of the machine, and the latter by the man who uses it, and who finds himself every day more and more able to accumulate the means of becoming himself a proprietor.
The English system does not recognise the existence of universal laws. According to it, land, labour, and capital, are the three instruments of production, and they are governed by different laws. Labour, when it seeks aid from land, is supposed to begin with good machinery and to pass toward the worst, with constantly increasing power in the owner of the land; whereas, when it seeks aid from the steam-engine, it passes from poor to good, with diminishing power in the owner of capital. There is thus one set of laws for the government of the great machine itself—the earth—and another for that of all its parts. Under the first, value is supposed to increase because of the diminished productiveness of labour, whereas under the last it is supposed to diminish because of the increased productiveness of labour. The two point to opposite poles of the compass, and the only mode of reconciling them is found in the supposition that as the power of production diminishes with the increasing necessity for resorting to inferior soils, the power of accumulating capital tends to increase, and thus counterbalances the disadvantages resulting from the necessity for applying labour less and less advantageously. Who is it, however, that is to furnish this capital? Is it the labourer? He cannot do it, for he cultivates "the inferior soils," and retains for himself a constantly diminishing proportion of a constantly diminishing product. Is it the landlord? His proportion increases, it is true, but his quantity diminishes in its proportion to population, as his tenants are forced to resort to less productive soils. The power to accumulate is dependent on the quantity of time and labour required for obtaining present subsistence; and as that increases with the necessity for resorting to poorer machinery, the power to obtain machines to be used in aid of labour dies away. Such being the case, it is clear that if men are obliged, in obedience to a great natural law, to pass steadily from rich soils to poor ones yielding less returns to labour, no compensation can anywhere be found, and that the elder Mill was right when he said that the power of accumulation must cease, and wages must fall so low that men "would perish of want;" in preference to doing which they would, of course, sell themselves, their wives, and children, into, slavery. Of all the English writers on this subject, he is the only one that has had the courage to follow out the Ricardo-Malthusian system to its necessary conclusions, and proclaim to the world the existence of a great law of nature leading inevitably to the division of society into two great portions, the very rich and the very poor—the master and the slave.