A confusing Socialistic Formula 171 A Plausible Argument 173 A Plausible Argument analysed 174 Its implied meaning considered 175 The real Taskmaster of Labour not an Employing Class, but Nature 176 Different position of Ability 178 The Organist and Bellows-blower 179 The Picture and the Canvas 180 The Qualifying Factor 181 Do all men possess Ability 182 Labour itself non-progressive 183 Ancient Labour equal to Modern 184 A Remarkable Illustration 185 Labour as trained by Watt 186 Labour as assisted by Maudslay 187 II. That the Ability which at any given period is a Producing Agent, is a Faculty residing in and belonging to living Men— A Socialistic Criticism 188 Primæval Progress and Labour 190 Rudimentary Ability 191 Primæval and Modern Inventions 192 A more Important Point 193 The necessity for Managing Ability increased by Inventive Ability 194 The main results of Past Ability inherited by Living Ability 196 Productive Ability the Ability of Living Men 198 Fresh demonstration of the Productivity of Ability 200 III. That Ability is a natural Monopoly, due to the congenital Peculiarities of a Minority. The Fallacies of other Views exposed—