Contents.

Capital and Interest. 
  Introduction 1
  Capital and Interest 5
  The Sack of Corn 19
  The House 22
  The Plane 24

That Which Is Seen, and That Which Is Not Seen. 
  Introduction 49
  The Broken Window 50
  The Disbanding of Troops 54
  Taxes 58
  Theatres, Fine Arts 63
  Public Works 71
  The Intermediates 74
  Restrictions 83
  Machinery 90
  Credit 97
  Algeria 102
  Frugality and Luxury 107
  Work and Profit 116

Government 119

What Is Money? 136

The Law 173

Capital and Interest.

My object in this treatise is to examine into the real nature of the Interest of Capital, for the purpose of proving that it is lawful, and explaining why it should be perpetual.  This may appear singular, and yet, I confess, I am more afraid of being too plain than too obscure.  I am afraid I may weary the reader by a series of mere truisms.  But it is no easy matter to avoid this danger, when the facts with which we have to deal are known to every one by personal, familiar, and daily experience.

But, then, you will say, “What is the use of this treatise?  Why explain what everybody knows?”

But, although this problem appears at first sight so very simple, there is more in it than you might suppose.  I shall endeavour to prove this by an example.  Mondor lends an instrument of labour to-day, which will be entirely destroyed in a week, yet the capital will not produce the less interest to Mondor or his heirs, through all eternity.  Reader, can you honestly say that you understand the reason of this?