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Essays on Political Economy by Frédéric Bastiat
page 23 of 212 (10%)
profits which he expected to derive from the ingenious instrument; but,
more fortunate than she, he was not reduced to the necessity of saying
good-bye to calf, cow, pig, and eggs, together. He was building his fine
castles in the air, when he was interrupted by his acquaintance William,
a joiner in the neighbouring village. William having admired the plane,
was struck with the advantages which might be gained from it. He said to
James:--

W. You must do me a service.

J. What service?

W. Lend me the plane for a year.

As might be expected, James at this proposal did not fail to cry out,
"How can you think of such a thing, William? Well, if I do you this
service, what will you do for me in return?"

W. Nothing. Don't you know that a loan ought to be gratuitous? Don't
you know that capital is naturally unproductive? Don't you know
fraternity has been proclaimed. If you only do me a service for the
sake of receiving one from me in return, what merit would you have?

J. William, my friend, fraternity does not mean that all the
sacrifices are to be on one side; if so, I do not see why they should
not be on yours. Whether a loan should be gratuitous I don't know; but I
do know that if I were to lend you my plane for a year it would be
giving it you. To tell you the truth, that was not what I made it for.

W. Well, we will say nothing about the modern maxims discovered by the
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