We point with pride to a certain manufacture. Is it established or maintained with capital which has fallen from the moon? No; that capital has been withdrawn from agriculture, from shipping, from the production of wines. And this is the reason why, under the _régime_ of protective tariffs, there are more workmen in our mines and in our manufacturing towns, and fewer sailors in our ports, and fewer labourers in our fields and vineyards. I could expatiate at length on this subject, but I prefer to explain what I mean by an example. A countryman was possessed of twenty acres of land, which he worked with a capital of £400. He divided his land into four parts, and established the following rotation of crops:--1st, maize; 2d, wheat; 3d, clover; 4th, rye. He required for his own family only a moderate portion of the grain, meat, and milk which his farm produced, and he sold the surplus to buy oil, flax, wine, etc. His whole capital was expended each year in wages, hires, and small payments to the working classes in his neighbourhood. This capital was returned to him in his sales, and even went on increasing year by year; and our countryman, knowing very well that capital produces nothing when it is unemployed, benefited the working classes by devoting the annual surplus to enclosing and clearing his land, and to improving his agricultural implements and farm buildings. He had even some savings in the neighbouring town with his banker, who, of course, did not let the money lie idle in his till, but lent it to shipowners and contractors for public works, so that these savings were always resolving themselves into wages. At length the countryman died, and his son, who succeeded him, said to himself, "My father was a dupe all his life. He purchased oil, and so paid _tribute_ to Provence, whilst our own land, with some pains, can be made to grow the olive. He bought cloth, wine, and oranges, and thus paid tribute to Brittany, Medoc, and Hyères, whilst we can cultivate hemp, the vine, and the orange tree with more or less success. He paid _tribute_ to the miller and the weaver, whilst our own domestics can weave our linen and grind our wheat." In this way he ruined himself, and spent among strangers that money which he might have spent at home.