It is, of course, no new thing for owners of large factories, particularly in country districts, to furnish tenements for their operatives, and oftentimes it is quite indispensable that they should, because there would otherwise be no accommodation for their workmen. What is recent and exceptional is the spread of the belief that it pays to make the accommodations furnished healthful, convenient, and attractive. The sources of profit from this careful provision are these: the proprietors have control of the territory, and are able to prescribe regulations which keep out the saloon and disreputable characters, and at once there is a saving in police and court and poor taxes; for the same reason the workmen are more regular and steady in their labor, for there is no St. Monday holiday, nor confused head and uncertain hand; the tenants are better able to pay their rents, and when their landlord and employer are the same person, he collects his rent out of the wages; the superior accommodations and more settled employment act strongly against labor strikes. It will be seen that the larger and better product of labor is a great factor in the profitableness of such enterprises, and that it arises from the improved character of the laborer, on the same principle that a farmer's stock pays him best when it is of good breed, is warmly housed, and well fed. Against the operations of the London Peabody and Waterlow funds it has been alleged that they dispossess the poor shiftless tenant and bring in a new class, so that they do not improve the condition of their tenants, but afford opportunity for better ones to cheapen the price of their accommodations. The manufacturing landlord cannot wholly do this, because the first thing he has to consider is whether the applicant for a dwelling is a good workman, not whether he can be trusted for his rent. His labor he must have. His outlook is to make that labor worth more to him, by placing it in the best attainable surroundings. Can this be done? If so, the ends of humanity are answered as well as the purse filled, for both interests correspond.