to form one society, selling to the public under a common law of severe penalty for unjust dealing, and at an established price. I do not mean that all bankers' clerks should be partners in the bank; but I do mean that all bankers should be members of a great national body, answerable as a society for all deposits; and that the private business of speculating with other people's money should take another name than that of "banking." And, for final instance, I mean by "co-operation" not only fellowships between trading firms but between trading nations; so that it shall no more be thought (as it is now, with ludicrous and vain selfishness) an advantage for one nation to undersell another; and take its occupation away from it; but that the primal and eternal law of vital commerce shall be of all men understood—namely, that every nation is fitted by its character, and the nature of its territories, for some particular employments or manufactures; and that it is the true interest of every other nation to encourage it in such speciality, and by no means to interfere with, but in all ways forward and protect, its efforts, ceasing all rivalship with it, so soon as it is
