“Not so,” said Mr. Wallace mildly, for he was not inclined to resent the petulence of the old man. “There is no slavery, no enforced labour, no oppression, that I am aware of, in our establishment. Masters and men agree upon measures of mutual service, and the exertions of each party are alike necessary to the success of their undertaking.” “It may be so just now, because your trade is flourishing more than it ever was before, and labour is scarce, and your people are well paid; but they will not be long contented. When prices fall and wages must come down, they will discover that they are slaves.” “Never,” replied Mr. Wallace, “for this reason: there is no bond of mutual interest between master and slave, as there is between the capitalist and the free labourer. It matters nothing to the slave whether his master employs his capital actively or profitably or not; while this is the all-important consideration between the free labourer and his employer. It is the interest of our men and ourselves that the productiveness of our trade should be increased to the utmost; that we should turn out as much work as possible, and that therefore we should improve our machinery, divide our labour to the best advantage, and bring all our processes to the greatest possible perfection. All our labourers therefore, who understand their own interest, try to improve their industry and skill: while, if they were slaves and their lot did not depend on their own exertions, they would probably be careless and indolent. In such a case, I should have no more pleasure than you in surveying our establishment, if indeed such an one could exist.” “You are the first iron-master, the first master of any kind, whom I ever heard declare that both parties in such a concern had a common interest.” “I am surprised at that,” replied Mr. Wallace, “for no truth appears to me more evident. How many classes have you been accustomed to consider concerned in production?” Armstrong laughed, while he pointed significantly to himself, and then looked about him. “You unite in yourself the functions of Capitalist and Labourer,” replied Mr. Wallace; “but yours is, I am happy to say, an uncommon case.” “You are happy to say?” “Yes; for if all men had followed your mode of life to this day, there would have been no iron-work nor any other sort of manufacture in existence, and life would have been barbarous in comparison with what it is, and there would have been few in comparison born to enjoy it. You would yourself have been a sufferer. You would have had no spade and no scythe, no bucket for your well, no chain for your bucket, no newspaper in the morning, and no Farmer’s Journal in the afternoon. Since you owe all these things and a thousand others to the co-operation of capitalists and labourers, my dear sir, it seems rather ungracious to despise such a union.” “Well, sir, you shall have it your own way. How many classes of producers do you reckon?”