"Doctor," I said, "I have nothing to offer against all that. We who
inherited our wealth had no moral title to it, and that we knew as well
as everybody else did, although it was not considered polite to refer to
the fact in our presence. But if I am going to stand up here in the
pillory as a representative of the inheriting class, there are others who
ought to stand beside me. We were not the only ones who had no right to
our money. Are you not going to say anything about the money makers, the
rascals who raked together great fortunes in a few years by wholesale
fraud and extortion?"
"Pardon me, I was just coming to them," said the doctor. "You ladies must
remember," he continued, "that the rich, who in Julian's day possessed
nearly everything of value in every country, leaving the masses mere
scraps and crumbs, were of two sorts: those who had inherited their
wealth, and those who, as the saying was, had made it. We have seen how
far the inheriting class were justified in their holdings by the
principle which the nineteenth century asserted to be the excuse for
wealth--namely, that individuals were entitled to the fruit of their
labors. Let us next inquire how far the same principle justified the
possessions of these others whom Julian refers to, who claimed that they
had made their money themselves, and showed in proof lives absolutely
devoted from childhood to age without rest or respite to the piling up of
gains. Now, of course, labor in itself, however arduous, does not imply
moral desert. It may be a criminal activity. Let us see if these men who
claimed that they made their money had any better title to it than
Julian's class by the rule put forward as the excuse for unequal wealth,
that every one has a right to the product of his labor. The most complete
statement of the principle of the right of property, as based on economic
effort, which has come down to us, is this maxim: 'Every man is entitled
to his own product, his whole product, and nothing but his product.' Now,
this maxim had a double edge, a negative as well as a positive, and the
negative edge is very sharp. If everybody was entitled to his own
product, nobody else was entitled to any part of it, and if any one's
accumulation was found to contain any product not strictly his own, he
stood condemned as a thief by the law he had invoked. If in the great
fortunes of the stockjobbers, the railroad kings, the bankers, the great
landlords, and the other moneyed lords who boasted that they had begun
life with a shilling--if in these great fortunes of mushroom rapidity of
growth there was anything that was properly the product of the efforts of
any one but the owner, it was not his, and his possession of it condemned
him as a thief. If he would be justified, he must not be more careful to
obtain all that was his own product than to avoid taking anything that
was not his product. If he insisted upon the pound of flesh awarded him
Public-domain text, read in full here on John Shaqi.
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