[What is Property? by P. J. Proudhon]@TWC D-Link bookWhat is Property? CHAPTER IV 46/109
The proprietor lends his surplus to the laborer; and this surplus, which he ought to return, becomes--being lent at interest--a new source of profit to him.
Then debts increase indefinitely; the proprietor makes advances to the producer who never returns them; and the latter, constantly robbed and constantly borrowing from the robbers, ends in bankruptcy, defrauded of all that he had. Suppose that the proprietor--who needs his tenant to furnish him with an income--then releases him from his debts.
He will thus do a very benevolent deed, which will procure for him a recommendation in the curate's prayers; while the poor tenant, overwhelmed by this unstinted charity, and taught by his catechism to pray for his benefactors, will promise to redouble his energy, and suffer new hardships that he may discharge his debt to so kind a master. This time he takes precautionary measures; he raises the price of grains.
The manufacturer does the same with his products.
The reaction comes, and, after some fluctuation, the farm-rent--which the tenant thought to put upon the manufacturer's shoulders--becomes nearly balanced.
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