26/30 But it is socially impossible. America is in an abnormal state. In a young country the laws of political economy do not make themselves fully felt. Here, where we have no uncleared world to drain the labour-market, we may pity and alleviate the condition of the working-classes, but we can do nothing more. All the modern schemes for the amelioration which ignore the laws of competition, must end either in pauperisation'-- (with a glance at Lord Vieuxbois),--'or in the destruction of property.' Lancelot said nothing, but thought the more. |