'What was to be done? We should be obliged to give our plans such a character as to prevent the Freeland workers from having any wish to share in them. But this must not be done too clumsily, as the people would after all smell a rat, or perhaps join us out of pure philanthropy, in order to save us from the consequences of our folly. We ultimately decided to set up a needle-factory. Such a factory would be obviously--in the then condition of trade--unprofitable, but the scheme was not so absolutely romantic as to bring the inquisitive about our necks. We therefore organised ourselves, and had the satisfaction of having no partners except a couple of simpletons who, for some reason or other, fancied that needle-making was a good business; and it was not very difficult to pet rid of these two. The next thing was to fix the amount of capital to be required for the business--that is, the amount of credit we should ask for at the central bank. We should very naturally have preferred to ask at once for a million pounds sterling; but that we could not do, as we should have to state what we needed the money for, and a needle-factory for forty-eight workers could not possibly have swallowed up so much without bringing upon us a whole legion of investigating critics in the form of working partners. So we limited our demand to 130,000£, and even this amount excited some surprise; but we explained our demand by asserting that the new machines which we intended to use were very dear. 'But now came the main anxiety. How were we to get this 130,000£, or the greater part of it, into our pockets? Our people had elected me director of the first "Eden Vale Needle-factory Association," and, as such, I went the next day into the bank to open our account there and to obtain all the necessary information. The cashier assured me that all payments authorised by me should be at once made; but when I asked for a "small advance" of a few thousand pounds, he asked in astonishment what was to be done with it. "We must pay our small debts." "Unnecessary," was his answer; "all debts are discharged here through the bank." "Yes, but what are my people and I to live upon in the mean time, until our factory begins to work?" I asked with some heat. "Upon your work in other undertakings, or upon your savings, if you have any. Besides, you cannot fail to get credit; but we, the central bank, give merely productive credit--we cannot advance to you what you consume." 'There we were with nothing but our credit for 130,000£, and we began to perceive that it was not so easy to carry off the money. Certainly we could build and give orders for what we pleased. But what good would it do us to spend money upon useless things?