Miscellaneous Writings and Speeches — Volume 4Macaulay, Thomas Babington Macaulay, Baron
History
Miscellaneous Writings and Speeches — Volume 4
Macaulay, Thomas Babington Macaulay, Baron
English essays
If it be admitted that on the institution of property the wellbeing
of society depends, it follows surely that it would be madness to give
supreme power in the state to a class which would not be likely to
respect that institution. And, if this be conceded, it seems to me to
follow that it would be madness to grant the prayer of this petition. I
entertain no hope that, if we place the government of the kingdom in the
hands of the majority of the males of one-and-twenty told by the head,
the institution of property will be respected. If I am asked why I
entertain no such hope, I answer, because the hundreds of thousands of
males of twenty-one who have signed this petition tell me to entertain
no such hope; because they tell me that, if I trust them with power, the
first use which they will make of it will be to plunder every man in the
kingdom who has a good coat on his back and a good roof over his head.
God forbid that I should put an unfair construction on their language!
I will read their own words. This petition, be it remembered, is an
authoritative declaration of the wishes of those who, if the Charter
ever becomes law, will return the great majority of the House of
Commons; and these are their words: "Your petitioners complain, that
they are enormously taxed to pay the interest of what is called the
national debt, a debt amounting at present to eight hundred millions,
being only a portion of the enormous amount expended in cruel and
expensive wars for the suppression of all liberty by men not authorised
by the people, and who consequently had no right to tax posterity
for the outrages committed by them upon mankind." If these words mean
anything, they mean that the present generation is not bound to pay the
public debt incurred by our rulers in past times, and that a national
bankruptcy would be both just and politic. For my part, I believe it to
be impossible to make any distinction between the right of a fundholder
to his dividends and the right of a landowner to his rents. And, to do
the petitioners justice, I must say that they seem to be much of the
same mind. They are for dealing with fundholder and landowner alike.
They tell us that nothing will "unshackle labour from its misery, until
the people possess that power under which all monopoly and oppression
must cease; and your petitioners respectfully mention the existing
monopolies of the suffrage, of paper money, of machinery, of land, of
the public press, of religion, of the means of travelling and transit,
and a host of other evils too numerous to mention, all arising from
class legislation." Absurd as this hubbub of words is, part of it is
intelligible enough. What can the monopoly of land mean, except property
in land? The only monopoly of land which exists in England is this, that
nobody can sell an acre of land which does not belong to him. And what
can the monopoly of machinery mean but property in machinery? Another
Public-domain text, read in full here on John Shaqi.
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