unequal, by law. Destroy the alternative, by assailing both
its branches with the benefits arising from leaving property
to be distributed by industry, and the argument would
assume a new aspect. It would be discovered, that arts and
sciences, peace and plenty, have never been found, disunited
from metes and bounds. And that hence mankind have
preferred that branch of the alternative which required, to
that which rejected them; considering a system of property,
compounded of honesty and fraud, as preferable to its
abolition.
By artfully drawing the question to this point, legal, factitious or fraudulent property; comprising every species resulting from direct and indirect modes of accumulation by law, at the expense of others; has been able in all civilized countries, to unite itself with substantial. real or honest property; comprising accumulations arising from fair and useful industry and talents. The equalising speculation, by proposing to destroy both, united these two opposite moral beings in a defensive war; just as a good and a bad man would unite against an assassin. indifferently determined to murder them both. Had philosophers wisely avoided this snare,
and confined the discussion to a discrimination between the useful and pernicious kinds of property, they would never have given to the latter the benefit of an alliance by which it is sustained; and might have long since settled some definition of private property, sufficiently perspicuous, to defend mankind against the pecuniary oppressions they are forever suffering for want of it. Instead of associating honest and fraudulent property in one interest. by the chimerical and impracticable equalising project, they would have established a rational and practicable distinction, between that species of private property founded only in law; such as is gained by privilege, hierarchy, paper, charter, and sinceure; and that founded also in nature: arising from industry, arts and sciences. And they would have proved, that the two species constituted two principles in the world of property, as strictly opposed to each other, as
