en my natural and inalienable
right of property and the hunger from which ten million wretched people
are suffering? When religion commands us to assist our fellows, it
speaks in the name of charity, not in the name of law. The obligation
of benevolence, imposed upon me by Christian morality, cannot be imposed
upon me as a political tax for the benefit of any person or poor-house.
I will give alms when I see fit to do so, when the sufferings of others
excite in me that sympathy of which philosophers talk, and in which I do
not believe: I will not be forced to bestow them. No one is obliged to
do more than comply with this injunction: IN THE EXERCISE OF YOUR OWN
RIGHTS DO NOT ENCROACH UPON THE RIGHTS OF ANOTHER; an injunction which
is the exact definition of liberty. Now, my possessions are my own;
no one has a claim upon them: I object to the placing of the third
theological virtue in the order of the day.

Everybody, in France, demands the conversion of the five per cent.
bonds; they demand thereby the complete sacrifice of one species of
property. They have the right to do it, if public necessity requires it;
but where is the just indemnity promised by the charter? Not only
does none exist, but this indemnity is not even possible; for, if the
indemnity were equal to the property sacrificed, the conversion would be
useless.

The State occupies the same position to-day toward the bondholders
that the city of Calais did, when besieged by Edward III, toward its
notables. The English conqueror consented to spare its inhabitants,
provided it would surrender to him its most distinguished citizens to do
with as he pleased. Eustache and several others offered themselves; it
was noble in them, and our ministers should recommend their example to
the bondholders. But had the city the right to surrender them? Assuredly
not. The right to security is absolute; the country can require no one
to sacrifice himself. The soldier standing guard within the enemy's
range is no exception to this rule. Wherever a citizen stands guard,
the country stands guard with him: to-day it is the turn of the one,
to-morrow of the other. When danger and devotion are common, flight is
parricide. No one has the right to flee from danger; no one can serve
as a scapegoat. The maxim of Caiaphas--IT IS RIGHT THAT A MAN SHOULD DIE
FOR HIS NATION--is that of the populace and of tyrants; the two extremes
of social degradation.

It is said that all perpetual an