foreign parts, by subventions,
or by creation of offices to bring suitable emoluments to the younger
sons of deserving families. The protective tariffs to which recourse is
sometimes had, are of the same general nature and purpose. Of course, it
is in this latter, aggressive or excursive, issue of the well-to-do bias
in favor of investment and invested wealth that its most pernicious
effect on international relations is traceable.
Free income, that is to say income not dependent on personal merit or
exertion of any kind, is the breath of life to the kept classes; and as
a corollary of the "First Law of Nature," therefore, the invested wealth
which gives a legally equitable claim to such income has in their eyes
all the sanctity that can be given by Natural Right. Investment--often
spoken of euphemistically as "savings"--is consequently a meritorious
act, conceived to be very serviceable to the community at large, and
properly to be furthered by all available means. Invested wealth is so
much added to the aggregate means at the community's disposal, it is
believed. Of course, in point of fact, income from investment in the
hands of these gentlefolk is a means of tracelessly consuming that much
of the community's yearly product; but to the kept classes, who see the
matter from the point of view of the recipient, the matter does not
present itself in that light. To them it is the breath of life. Like
other honorable men they are faithful to their bread; and by authentic
tradition the common man, in whose disciplined preconceptions the kept
classes are his indispensable betters, is also imbued with the
uncritical faith that the invested wealth which enables these betters
tracelessly to consume a due share of the yearly product is an addition
to the aggregate means in hand.
The advancement of commercial and other business enterprise beyond the
national frontiers is consequently one of the duties not to be
neglected, and with which no trifling can be tolerated. It is so bound
up with national ideals, under any gentlemanly government, that any
invasion or evasion of the rights of investors in foreign parts, or of
other business involved in dealings with foreign parts, immediately
involves not only the material interest of the nation but the national
honour as well. Hence international jealousies and eventual embroilment.
The constitutional monarchy that commonly covers a modern democratic
community is accordingly a menac
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