We are useful too as conserving certain valuable ideas. When I mention the
idea of the right of private property, I expect to be laughed at by a
large class of enthusiasts. Yet all of civilization has been built up on
the distinction between _meum_ and _tuum_. Without this idea there is not
the slightest inducement to persistent individual effort nor possibility
of progress for the individual or for the race. The fruitful diversities,
the germinative inequalities between men all depend on this right. And
today the right to one's own is doubly under attack from the violence of
laboring men, and the guile of those in positions of financial trust. The
strikers who offer as an argument the burning of a mine or wrecking of a
mill, and the directors who manipulate corporation accounts to pay
unearned dividends, are both undermining the right of property. Against
such counsels of force and fraud, the representatives of the common sense
and funded wisdom of mankind are the middling rich. It is an unromantic
service--doubtless breaking other people's windows or scaling their bank
accounts is much more thrilling--it is a public service obviously tinged
with self-interest, but none the less a public service of high and timely
importance. The business of keeping the sanity of the world intact as
against the wilder expressions of social discontent, and the uglier
expressions of personal envy and greed, may seem to lack zest and
originality today. History may well take a different view of the matter.
It would not be surprising to find a posthumous aureole of idealism
conferred upon those who amid the trumpeting of money market messiahs, and
the braying of self-appointed remodellers of the race, simply stood
quietly on their own inherited rights and principles.
Such are some not wholly minor uses for the middling rich. Should they be
abolished, many of the pleasanter facts and appearances of the world would
disappear with them. The other day I whisked in one of their motor cars
through miles of green Philadelphia suburbs dappled with pink magnolia
trees and white fruit blossoms--everywhere charming houses, velvety lawns,
tidy gardens. The establishing of a little paradise like that is of course
a selfish enterprise--a mere meeting of the push and foresight of real
estate operators with the thrift and sentiment of householders, yet it is
an advantage inevitably shared, a benefit to the entire community, an
example in reasonable working, living, and playing.
Public-domain text, read in full here on John Shaqi.
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