"If the division were unequal, the result would be that some would have more than they could consume in a given time, and others would have less than they could have consumed in the same time, the result meaning a reduction of total consumption below what it would have been for that time with an equal division of products. If a million dollars were equally divided among one thousand men, it would presently be wholly expended in the consumption of needed things, creating a demand for the production of as much more; but if concentrated in one man's hands, not a hundredth part of it, however great his luxury, would be likely to be so expended in the same period. The fundamental general law in the science of social wealth is, therefore, that the efficiency of a given amount of purchasing power to promote consumption is in exact proportion to its wide distribution, and is most efficient when equally distributed among the whole body of consumers because that is the widest possible distribution." "You have not called attention to the fact that the formula of the greatest wealth production--namely, equal sharing of the product among the community--is also that application of the product which will cause the greatest sum of human happiness." "I spoke strictly of the economic side of the subject." "Would it not have startled the old economists to hear that the secret of the most efficient system of wealth production was conformity on a national scale to the ethical idea of equal treatment for all embodied by Jesus Christ in the golden rule?" "No doubt, for they falsely taught that there were two kinds of science dealing with human conduct--one moral, the other economic; and two lines of reasoning as to conduct--the economic, and the ethical; both right in different ways. We know better. There can be but one science of human conduct in whatever field, and that is ethical. Any economic proposition which can not be stated in ethical terms is false. Nothing can be in the long run or on a large scale sound economics which is not sound ethics. It is not, therefore, a mere coincidence, but a logical necessity, that the supreme word of both ethics and economics should be one and the same--equality. The golden rule in its social application is as truly the secret of plenty as of peace." CHAPTER XXIII. "THE PARABLE OF THE WATER TANK."