As a second form of the handicap we must speak of inheritance. It is impossible to estimate this advantage in figures, but it is incontestable that the man who has become rich in this way has no need of great knowledge or great intelligence in order to remain rich. Provided he does not speculate or squander his money, he should be able to have the enjoyment of it all his life. The struggle for existence is unknown to him; at the very start of the race his foot is nearly at the goal. We see already that these two circumstances have as their result that the classes do not correspond exactly to the groups into which men are separated according to their capacities. However we must now leave the cases in which one has a start of another, and give an answer to the question, “In what do the conquerors in the contest excel?” In the first place, attention must be drawn to a group of capitalists who have acquired their wealth without having their abilities called into play, but who are entirely indebted to chance, i.e. the speculators, the winners of the great prizes in lotteries, the men who make rich marriages, etc. Next we may mention the other capitalists, the great manufacturers and merchants. Wherein are they distinguished? First for energy and activity, next for a great talent for organization, especially as shown in the choice of their chief employes, and finally for a need of luxury, not too great, lest the building up of their capital be interfered with, nor too restrained, lest the suspicion be aroused that their fortune is in danger. The first of these aptitudes must certainly be considered as the most favorable; the talent for organization especially is of the highest importance, for it is without contradiction a factor in social progress. It is because of this talent and not for their fabulous wealth alone that the names of Pierpont Morgan, of Rockefeller, and of other directors of trusts will not be entirely forgotten after they are dead. But these are not the only capacities which these people must display. To direct a capitalistic enterprise it is necessary among other things to have a fair portion of insensibility as well toward workmen as toward customers; then it will not do to be too scrupulous about truth (in advertising, etc.), nor to show too much character (however impertinent his customers may be the capitalist takes it all through fear of seeing them go over to his competitors).