Now, practically, not only is the principle of indemnity not applied in all cases where it ought to be, but it is impossible that it should be so applied. Thus, the law which established railways provided indemnity for the lands to be occupied by the rails; it did nothing for the multitude of industries dependent upon the previous method of conveyance, whose losses far exceeded the value of the lands whose owners received compensation. Similarly, when the question of indemnifying the manufacturers of beet-root sugar was under consideration, it occurred to no one that the State ought to indemnify also the large number of laborers and employees who earned their livelihood in the beet-root industry, and who were, perhaps, to be reduced to want. Nevertheless, it is certain, according to the idea of capital and the theory of production, that as the possessor of land, whose means of labor is taken from him by the railroad, has a right to be indemnified, so also the manufacturer, whose capital is rendered unproductive by the same railroad, is entitled to indemnification. Why, then, is he not indemnified? Alas! because to indemnify him is impossible. With such a system of justice and impartiality society would be, as a general thing, unable to act, and would return to the fixedness of Roman justice. There must be victims. The principle of indemnity is consequently abandoned; to one or more classes of citizens the State is inevitably bankrupt. At this point the socialists appear. They charge that the sole object of political economy is to sacrifice the interests of the masses and create privileges; then, finding in the law of expropriation the rudiment of an agrarian law, they suddenly advocate universal expropriation; that is, production and consumption in common. But here socialism relapses from criticism into utopia, and its incapacity becomes freshly apparent in its contradictions. If the principle of expropriation for the sake of public utility, carried to its logical conclusion, leads to a complete reorganization of society, before commencing the work the character of this new organization must be understood; now, socialism, I repeat, has no science save a few bits of physiology and political economy. Further, it is necessary in accordance with the principle of indemnity, if not to compensate citizens, at least to guarantee to them the values which they part with; it is necessary, in short, to insure them against loss. Now, outside of the public fortune, the management of which it demands, where will socialism find security for this same fortune?