Average the wages of all the men engaged in the erection and fitting of such a vessel at 30s. a week. We shall find that the yacht has "found employment" for 160 men for twenty years. Now, while those men were engaged on that work they produced no necessaries for themselves. But they _consumed_ necessaries, and those necessaries were produced by the same people who found the money for the owner of the yacht to spend. That is to say, that the builders were kept by the producers of necessaries, and the producers of necessaries were paid for the builders' keep, with money which they, the producers of necessaries, had earned for the owner of the yacht. The conclusion of this sum being that the producers of necessaries had been compelled to support 160 men, and their wives and children, for twenty years; and for what? That they might build _one yacht_ for the pleasure of _one idle man_. Would those yacht builders have starved without the rich man? Not at all. But for the rich man, the other workers would have had more money, could afford more holidays, and that quarter of a million spent on the one yacht would have built a whole fleet of pleasure boats. And note also that the pleasure boats would find more employment than the yacht, for there would be more to spend on labour and less on costly materials. So with other dependants of the rich. The duke's gardeners could find work in public parks for the people; the artists, who now sell their pictures to private collections, could sell them to public galleries; and some of the decorators and upholsterers who now work on the rich men's palaces might turn their talents to our town halls and hospitals and public pavilions. And that reminds me of a quotation from Mr. Mallock, cited in _Merrie England_. Mr. Mallock said-- Let us take, for instance, a large and beautiful cabinet, for which a rich man of taste pays L2000. The cabinet is of value to him for reasons which we will consider presently; as possessed by him it constitutes a portion of his wealth. But how could such a piece of wealth be distributed? Not only is it incapable of physical partition and distribution, but, if taken from the rich man and given to the poor man, the latter is not the least enriched by it. Put a priceless buhl cabinet into an Irish labourer's cottage, and it will probably only add to his discomforts; or, if he finds it useful, it will only be because he keeps his pigs in it. A picture by Titian, again, may be worth thousands, but it is worth thousands only to the man who can enjoy it.