A journal has been established to serve as a vehicle for this crusade.
It is conducted by M. Proudhon, and has, it is said, an immense
circulation. The first number of this periodical contains the electoral
manifesto of the _people_. Here we read, "The productiveness of capital,
which is condemned by Christianity under the name of usury, is the true
cause of misery, the true principle of destitution, the eternal obstacle
to the establishment of the Republic."

Another journal, _La Ruche Populaire_, after having said some excellent
things on labour, adds, "But, above all, labour ought to be free; that
is, it ought to be organised in such a manner, _that money-lenders and
patrons, or masters, should not be paid_ for this liberty of labour,
this right of labour, which is raised to so high a price by the
traffickers of men." The only thought that I notice here, is that
expressed by the words in italics, which imply a denial of the right to
interest. The remainder of the article explains it.

It is thus that the democratic Socialist, Thoré expresses himself:--

"The revolution will always have to be recommenced, so long as we occupy
ourselves with consequences only, without having the logic or the
courage to attack the principle itself. This principle is capital, false
property, interest, and usury, which by the old _régime_, is made to
weigh upon labour.

"Ever since the aristocrats invented the incredible fiction, _that
capital possesses the power of reproducing itself_, the workers have
been at the mercy of the idle.

"At the end of a year, will you find an additional crown in a bag of one