And in any case, it is expedient that you should do so, for the present holders, whom we may generally call 'Squires' (a title having three meanings, like Fors, and all good; namely, Rider, Shield-bearer, and Carver), are quite the best men you can now look to for leading: it is too true that they have much demoralized themselves lately by horse-racing, bird-shooting, and vermin-hunting; and most of all by living in London, instead of on their estates; but they are still (without exception) brave; nearly without exception, good-natured; honest, so far as they understand honesty; and much to be depended on, if once you and they understand each other. Which you are far enough now from doing; and it is imminently needful that you should: so we will have an accurate talk of them soon. The needfullest thing of all first is that you should know the functions of the persons whom you are being taught to think of as your protectors against the Squires;--your 'Employers,' namely; or Capitalist Supporters of Labour. 'Employers.' It is a noble title. If, indeed, they have found you idle, and given you employment, wisely,--let us no more call them mere 'Men' of Business, but rather 'Angels' of Business: quite the best sort of Guardian Angel. Yet are you sure it is necessary, absolutely, to look to superior natures for employment? Is it inconceivable that you should employ--yourselves? I ask the question, because these Seraphic beings, undertaking also to be Seraphic Teachers or Doctors, have theories about employment which may perhaps be true in their own celestial regions, but are inapplicable under worldly conditions. To one of these principles, announced by themselves as highly important, I must call your attention closely, because it has of late been the cause of much embarrassment among persons in a sub-seraphic life. I take its statement verbatim, from the 25th page of the Cambridge catechism before quoted: "This brings us to a most important proposition respecting capital, one which it is essential that the student should thoroughly understand. "The proposition is this--A demand for commodities is not a demand for labour. "The demand for labour depends upon the amount of capital: the demand for commodities simply determines in what direction labour shall be employed.