Let us see whether it will or not. Suppose we decree that henceforth no
more rent shall be paid in England, and that each man shall privately
own his house, and hold his shop, factory, or place of business
jointly with those who work with him in it. Let everyone be free to
issue money from his own mint without tax or stamp. Let all taxes on
commodities be abolished, and patents and copyrights be things of the
past. Try to imagine yourself under these promising conditions with
life before you. You may start in business as a crossing sweeper,
shopkeeper, collier, farmer, miller, banker, or what not. Whatever
your choice may be, the first thing you find is that the reward of
your labor depends far more on the situation in which you exercise it
than on yourself. If you sweep the crossing between St. James's and
Albemarle Streets you prosper greatly. But if you are forestalled not
only there, but at every point more central than, say, the corner of
Holford Square, Islington, you may sweep twice as hard as your rival in
Piccadilly, and not take a fifth of his toll. At such a pass you may
well curse Adam Smith and his principle that labor is the measure of
price, and either advocate a democratically constituted State Socialist
municipality, paying all its crossing sweepers equally, or else cast
your broom upon the Thames and turn shopkeeper. Yet here again the same
difficulty crops up. Your takings depend, not on yourself, but on the
number of people who pass your window per hour. At Charing Cross or
Cheapside fortunes are to be made: in the main street at Putney one
can do enough to hold up one's head: further out, a thousand yards
right or left of the Portsmouth Road, the most industrious man in the
world may go whistle for a customer. Evidently retail shopkeeping is
not the thing for a man of spirit after Charing Cross and Cheapside
have been appropriated by occupying owners on the principle of first
come first served. You must aspire then to wholesale dealing--nay, to
banking. Alas! the difficulty is intensified beyond calculation. Take
that financial trinity, Glyn, Mills and Currie; transplant them only
a few miles from Lombard Street; and they will soon be objects of
pity to the traditional sailor who once presented at their counter a
cheque for £25 and generously offered to take it in instalments, as he
did not wish to be too hard on them all at once. Turning your back on
banking, you meddle in the wheat trade, and end by offering to exchange
an occupying ownership of all Salisbury Plain for permission to pay a
rack rent for premises within hail of "The Baltic" and its barometer.
Public-domain text, read in full here on John Shaqi.
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