necessarily exist, it is evident, that, as labour is the only property of the class of labourers, every thing that tends to diminish the value of this property, must tend to diminish the possession of this part of society. The only way that a poor man has of supporting himself in independence, is by the exertion of his bodily strength. This is the only commodity he has to give in exchange for the necessaries of life. It would hardly appear then that you benefit him, by narrowing the market for this commodity, by decreasing the demand for labour, and lessening the value of the only property that he possesses.
Perhaps the generous system of perfect liberty adopted by Dr. Adam Smith, and the French œeconomists, would be ill exchanged for any system of restraint.