"The lender takes a mortgage on the borrower's land or house, or goods, for, we will say, one-half or one-third their value; the borrower then assumes all the chances of life in his efforts to repay the loan. If he is a farmer, he has to run the risk of the fickle elements. Rains may drown, droughts may burn up his crops. If a merchant, he encounters all the hazards of trade; the bankruptcy of other tradesmen; the hostility of the elements sweeping away agriculture, and so affecting commerce; the tempests that smite his ships, etc. If a mechanic, he is still more dependent upon the success of all above him, and the mutations of commercial prosperity. He may lose employment; he may sicken; he may die. But behind all these risks stands the money-lender, in perfect security. The failure of his customer only enriches him; for he takes for his loan property worth twice or thrice the sum he has advanced upon it. Given a million of men and a hundred years of time, and the slightest advantage possessed by any one class among the million must result, in the long run, in the most startling discrepancies of condition. A little evil grows like a ferment--it never ceases to operate; it is always at work. Suppose I bring before you a handsome, rosy-cheeked young man, full of life and hope and health. I touch his lip with a single _bacillus of phthisis pulmonalis_--consumption. It is invisible to the eye; it is too small to be weighed. judged by all the tests of the senses, it is too insignificant to be thought of; but it has the capacity to multiply itself indefinitely. The youth goes off singing. Months, perhaps years, pass before the deadly disorder begins to manifest itself; but in time the step loses its elasticity; the eyes become dull; the roses fade from the cheeks; the strength departs, and eventually the joyous youth is but a shell--a cadaverous, shrunken form, inclosing a shocking mass of putridity; and death ends the dreadful scene. Give one set of men in a community a financial advantage over the rest, however slight--it may be almost invisible--and at the end of centuries that class so favored will own everything and wreck the country. A penny, they say, put out at interest the day Columbus sailed from Spain, and compounded ever since, would amount now to more than all the assessed value of all the property, real, personal and mixed, on the two continents of North and South America." "But," said Maximilian, "how would the men get along who wanted to borrow?"