Post-Prandial Philosophy by Grant Allen
page 34 of 129 (26%)
page 34 of 129 (26%)
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that all the time while there's been this vague talk about "bad
times"--income-tax has been steadily increasing, London has been steadily growing, every outer and visible sign of commercial prosperity has been steadily spreading. Have our watering-places shrunk? Have our buildings been getting smaller and less luxurious? If Antwerp has grown, how about Hull and Cardiff? "Well, perhaps the past is all right; but consider the future! Eight hours are going to drive capital out of the country!" Rubbish! I'm not a political economist, thank God; I never sank quite so low as that. And I'm not speaking for or against Eight Hours: I'm only discounting some verbose nonsense. But I know enough to see that the capital of a country can no more be exported than the land or the houses. Can you drive away the London and North-Western Railway? Can you drive away the factories of Manchester, the mines of the Black Country, the canals, the buildings, the machinery, the docks, the plant, the apparatus? Impossible, on the very face of it! Most of the capital of a country is fixed in its soil, and can't be uprooted. People fall into this error about driving away capital because they know you can sell particular railway shares or a particular factory and leave the country with the proceeds, provided somebody else is willing to buy; but you can't sell all the railways and all the factories in a lump, and clear out with the capital. No, no; England stands where she does, because God put her there; and until He invents a new order of things (which may, of course, happen any day--as, for example, if aerial navigation came in) she must continue, in spite of minor changes, to maintain in the main her present position. But a truce to these frivolities! The little Italian boy next door calls me to play ball with him, with a green lemon from the garden. Vengo, Luigi, vengo! I return at once to the realities of life, and dismiss such shadows. |
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