Page:Essays on Political Economy (Bastiat).djvu/12

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4
CAPITAL AND INTEREST.

by man. In fact, the phrase, tyranny of capital, has become proverbial.

I believe there is not a man in the world, who is aware of the whole importance of this question:—

"Is the interest of capital natural, just, and lawful, and as useful to the payer as to the receiver?"

You answer, No; I answer, Yes. Then we differ entirely; but it is of the utmost importance to discover which of us is in the right, otherwise we shall incur the danger of making a false solution of the question, a matter of opinion. If the error is on my side, however, the evil would not be so great. It must be inferred that I know nothing about the true interests of the masses, or the march of human progress; and that all my arguments are but as so many grains of sand, by which the car of the revolution will certainly not be arrested.

But if, on the contrary, MM. Proudhon and Thoré are deceiving themselves, it follows that they are leading the people astray—that they are showing them the evil where it does not exist; and thus giving a false direction to their ideas, to their antipathies, to their dislikes, and to their attacks. It follows that the misguided people are rushing into a horrible and absurd struggle, in which victory would be more fatal than defeat; since, according to this supposition, the result would be the realisation of universal evils, the destruction of every means of emancipation, the consummation of its own misery.