II. In a poem of the foregoing collection, allusion is made to the state of the workmen congregated in manufactories. In order to relieve many of the evils to which that class of society are subject, and to establish a better harmony between them and their employers, it would be well to repeal such laws as prevent the formation of joint-stock companies. There are, no doubt, many and great obstacles to the formation and salutary working of these societies, inherent in the mind of those whom they would obviously benefit. But the combinations of masters to keep down, unjustly, the price of labour would be fairly checked by them, as far as they were practicable; they would encourage economy, inasmuch as they would enable a man to draw profit from his savings, by investing them in buildings or machinery for processes of manufacture with which he was habitually connected. His little capital would then be working for him while he was at rest or asleep; he would more clearly perceive the necessity of capital for carrying on great works: he would better learn to respect the larger portions of it in the hands of others; he would be less tempted to join in unjust combinations: and, for the sake of his own property, if not for higher reasons, he would be slow to promote local disturbance, or endanger public tranquillity; he would, at least, be loth to act in that way knowingly: for it is not to be denied that such societies might be nurseries of opinions unfavourable to a mixed constitution of government, like that of Great Britain. The democratic and republican spirit which they might be apt to foster would not, however, be dangerous in itself, but only as it might act without being sufficiently counterbalanced, either by landed proprietorship, or by a Church extending itself so as to embrace an ever-growing and ever-shifting population of mechanics and artisans. But if the tendencies of such societies would be to make the men prosper who might belong to them, rulers and legislators should rejoice in the result, and do their duty to the State by upholding and extending the influence of that Church to which it owes, in so great a measure, its safety, its prosperity, and its glory.
This, in the temper of the present times, may be difficult, but it is become indispensable, since large towns in great numbers have sprung up, and others have increased tenfold, with little or no dependence upon the gentry and the landed proprietors; and apart from those mitigated feudal institutions, which, till of late, have acted so powerfully upon the composition of the House of Commons. Now it may be affirmed that, in quarters where there is not an attachment to the Church, or the landed aristocracy, and a pride in supporting them, there the people will dislike both, and be ready, upon such incitements as are perpetually recurring, to join in attempts to overthrow them. There is no neutral ground here: from want of due attention to the state of society in large towns