ach, (thirty pounds,) on coming of age, and be entitled to ten pounds
a-year after fifty. It is from the overgrown acquisition of property
that the fund will support itself; and I know that the possessors of
such property in England, though they would eventually be benefited by
the protection of nine-tenths of it, will exclaim against the plan. But
without entering into any inquiry how they came by that property, let
them recollect that they have been the advocates of this war, and that
Mr. Pitt has already laid on more new taxes to be raised annually upon
the people of England, and that for supporting the despotism of Austria
and the Bourbons against the liberties of France, than would pay
annually all the sums proposed in this plan.
I have made the calculations stated in this plan, upon what is called
personal, as well as upon landed property. The reason for making it upon
land is already explained; and the reason for taking personal property
into the calculation is equally well founded though on a different
principle. Land, as before said, is the free gift of the Creator in
common to the human race. Personal property is the effect of society;
and it is as impossible for an individual to acquire personal property
without the aid of society, as it is for him to make land originally.
Separate an individual from society, and give him an island or a
continent to possess, and he cannot acquire personal property. He cannot
be rich. So inseparably are the means connected with the end, in all
cases, that where the former do not exist the latter cannot be obtained.
All accumulation, therefore, of personal property, beyond what a man's
own hands produce, is derived to him by living in society; and he owes
on every principle of justice, of gratitude, and of civilization, a part
of that accumulation back again to society from whence the whole came.
This is putting the matter on a general principle, and perhaps it is
best to do so; for if we examine the case minutely it will be found that
the accumulation of personal property is, in many instances, the effect
of paying too little for the labour that produced it; the consequence
of which is, that the working hand perishes in old age, and the employer
abounds in affluence. It is, perhaps, impossible to proportion exactly
the price of labour to the profits it produces; and it will also be
said, as an apology for the injustice, that were a workman to receive
an increase of wages daily
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