This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt: ...of moral discipline.... That... labor when accompanied with frugality and prudence, has a tendency to produce an excess of earnings... is assumed.... It has sometimes been contended, that though it may be lawful to earn such surplus property, ... it is our duty to dispose of it to others as fast as it accumulates. But ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt: ...of moral discipline.... That... labor when accompanied with frugality and prudence, has a tendency to produce an excess of earnings... is assumed.... It has sometimes been contended, that though it may be lawful to earn such surplus property, ... it is our duty to dispose of it to others as fast as it accumulates. But the doing so would be destructive of industry, and would deprive business of much of its intellectual and moral influence. Under the present wise arrangement of things the increased knowledge of business is accompanied by an increase of capital calculated to give activity and a further extension to these new-born powers. But if a man possesses no capital... a business life, instead of being a scene of constant progression, will soon become to him an irksome, unmeaning task of mere mechanical drudgery, possessing no intellectual nor moral interest.... If it be unlawful to accumulate, then there is an end of all international intercourse... all our manufacturing and commercial establishments... must be destroyed;... there is an end to our public improvements... there is an end to all our colleges, hospitals, and other benevolent institutions, for all were originally founded and endowed, or are now supported by the fruits of accumulation.... 1 Published in the Western Messenger, August, 1840, vol. viii. This argument might be extended much farther, but enough, I presume, has already been said to show that the whole of our present social system rests on the principle of accumulation, and that the destruction of that principle would inevitably resolve society again into a state of barbarism. His final conclusion, given, however, not at the end of the essay, but in the middle, is as follows: "I deem the... accumulation of property to be... in pe...
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Seller's Description:
Very Good. 386 pages illustrations 23 cm. Bound in publisher's cloth. Top edge gilt. Hardcover. Good binding and cover. Clean, unmarked pages. Association copy, gift inscription to G. W. Miles from Albert (sp? ) R. Huidekoper and Halheuisse Corlazzo (sp? )