Better days; or, A Millionaire of To-morrow — John Stuart Mill — John Shaqi
Better days; or, A Millionaire of To-morrow
John Stuart Mill · en
The $20,000,000 which will be received from the sale of my property, all
of which I hereby give, devise, and bequeath to the Lorin French Labor
Aid Company, ought to, and I doubt not will, be sufficient to establish
co-operative iron foundries, sawmills, woolen factories, glass works,
brick yards, and other industrial enterprises, in San Francisco,
sufficient to provide remunerative employment for fifteen thousand men.
The fund will be invested safely, for it will be based upon the security
which is the creator and conservator of all property and property
rights, industrious and intelligent labor. The accretions to the fund,
even at the moderate rate of interest of three per cent per annum, will
add, probably, a thousand workers each year to the number of its
beneficiaries, while the repayment and re-investment in similar ways of
the original fund, will add several thousand more each year.
The practical operation of the plans I have endeavored to outline will
work no injustice to the owners of existing manufacturing
establishments, for it will be in the interest of the workmen to
purchase such plants and business at their value, rather than to build
up new and rival establishments. It is true that some persons now making
a profit off the labors of others will be compelled to enlist their
capital and energies in other lines; but this, if a hardship, will not
be an injustice, and individual convenience must be subservient to the
general good.
“I think I have made clear the purposes to which I hereby devote the
fortune I have accumulated by fifty years of toil and care—yet in the
accumulation of which I have found great enjoyment. The details of my
plans I must leave to those who now are, or who hereafter may be,
charged with the execution of this trust. In the life upon which I am
about to enter—for I have never so questioned the wisdom of the
Originating and Ultimate Force of the Universe as to suppose that the
death of this body of flesh will be the end of all conscious individual
existence—in the life upon which I am about to enter, I hope to derive
satisfaction from the fulfillment of the objects of this my last will
and testament, to which I hereby affix my signature and seal, this
thirtieth day of April, eighteen hundred and ninety-four.
LORIN FRENCH [SEAL].
We, William Jelly and Thompson Blakesly, declare that Lorin French, in
our presence and on the thirtieth day of April, eighteen hundred and
ninety-four, in the city of San Francisco, California, signed the
foregoing document, which he then declared to each of us was his last
will and testament, and we then, at his request and in his presence, and
in the presence of each other, sign our names hereto as witnesses.
WILLIAM JELLY,
THOMPSON BLAKESLY.”