◆¹ The greater part of the Capital that has been accumulated in the modern world is the creation of active Ability, as I have pointed out already. It has been saved not from the product of Labour, but from the product which Ability has added to this. It is Ability congealed, or Ability stored up. And the main motive that has prompted the men of Ability to create it has not consisted only of the desire of enjoying the income which they are enabled to produce by its means, when actually employing it themselves, but the desire also of enjoying some portion of the income which will be produced by its means if it is employed by the Ability of others. ◆² In a word, the men who create and add to our Capital are motived to do so by expectation that the Capital shall be their own property; that it shall, when they wish it, yield them a certain income independent of any further exertions of their own. Were this expectation rendered impossible, were Capital by any means prevented from yielding interest either to the persons who made and saved it, or those to whom the makers might bequeath it, the principal motive for making or saving it would be gone. If a man, for instance, makes _one thousand pounds_ he can, as matters stand, do three things with it, any one of which will gratify him. He can spend it as income, and enjoy the whole of it in that way; he can use it himself as Capital, and so enjoy the profits; or he can let others use it as Capital, and so enjoy the interest. But if he were by any means precluded from receiving interest for it, and desired for any reason to retire from active business, he could do with his _thousand pounds_ one of two things only—he could spend it as income, in which case it would be destroyed; or let others use it as Capital, in which case he himself could derive no benefit whatever from it, and would, in effect, be giving it or throwing it away. Were the first course pursued, no Capital would be saved; were the second course obligatory, no Capital would be created.[48] [Sidenote ◆1 And secondly, to his family and his immediate heirs.] [Sidenote ◆2 The bulk of the Capital owned now by those who do not employ it themselves has come to them from their fathers or grandfathers who created it;] [Sidenote ◆3 As the history of the growth of Capital during the present century shows.] [Sidenote ◆4 A man’s desire to leave money to his family is shown by history to be as strong a motive as the desire to enjoy it himself.]