The passage of the lecture in which the phrase occurred was: "Wealth, real wealth, has hardly as yet much reason to complain of any encroachment of the Labour Movement on its rights. When did it command such means and appliances of pleasure, such satisfaction for every appetite and every fancy, as it commands now? When did it rear such enchanted palaces of luxury as it is rearing in England at the present day? Well do I remember one of those palaces, the most conspicuous object for miles round. _Its lord was I dare say consuming the income of some six hundred of the poor labouring families round him_. The thought that you are spending on yourself annually the income of six hundred labouring families seems to me about as much as a man with a heart and a brain can bear. Whatever the rich man desires, the finest house, the biggest diamond, the reigning beauty for his wife, social homage, public honour, political power, is ready at his command" &c, &c. The words in italics have been separated from the context and taken as an attack on wealth. But the whole passage is a defence of labour against the charge of encroachment brought against it by wealth. I argue that, if the labouring man gets rather more than he did, the inequalities of fortune and the privileges of the rich are still great enough. In the next paragraph I say that "wealth well made and well spent is as pure as the rill that runs from the mountain side." An invidious turn has also been given to the expression "the income of six hundred labouring families," as though it meant that the wealthy idler is robbing six hundred labouring families of their income. It means no more than that the income which he is spending on himself is as large as six hundred of their incomes put together.