"In those days," replied George, "the right to a reasonable and equal allotment of land for private uses did not belong as a matter of course to every person as it does now. No one was admitted to have any natural right to land at all. On the other hand, there was no limit to the extent of land, though it were a whole province, which any one might not legally possess if he could get hold of it. By natural consequence of this arrangement the strong and cunning had acquired most of the land, while the majority of the people were left with none at all. Now, the owner of the land had the right to drive any one off his land and have him punished for entering on it. Nevertheless, the people who owned n required to have it and to use it and must needs go to the capitalists for it. Rent was the price charged by capitalists for not driving people off their land." "Did this rent represent any economic service of any sort rendered to the community by the rent receiver?" "So far as regards the charge for the use of the land itself apart from improvements it represented no service of any sort, nothing but the waiver for a price of the owner's legal right of ejecting the occupant. It was not a charge for doing anything, but for not doing something." "Now tell us about interest; what was that?" "Interest was the price paid for the use of money. Nowadays the collective administration directs the industrial forces of the nation for the general welfare, but in those days all economic enterprises were for private profit, and their projectors had to hire the labor they needed with money. Naturally, the loan of so indispensable a means as this commanded a high price; that price was interest." "And did interest represent any economic service to the community on the part of the interest taker in lending his money?" "None whatever. On the contrary, it was by the very nature of the transaction, a waiver on the part of the lender of the power of action in favor of the borrower. It was a price charged for letting some one else do what the lender might have done but chose not to. It was a tribute levied by inaction upon action." "If all the landlords and money lenders had died over night, would it have made any difference to the world?" "None whatever, so long as they left the land and the money behind. Their economic role was a passive one, and in strong contrast with that of the profit-seeking capitalists, which, for good or bad, was at least active." "What was the general effect of rent and interest upon the consumption and consequently the production of wealth by the community?" "It operated to reduce both." "How?"