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the vested interests and the common man-µÚ32½Ú

С˵£º the vested interests and the common man ×ÖÊý£º ÿҳ4000×Ö

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to¡¡stand¡¡fast¡¡by¡¡the¡¡principles¡¡of¡¡equity¡¡which¡¡entitle¡¡these¡¡
vested¡¡interests¡¡to¡¡play¡¡fast¡¡and¡¡loose¡¡with¡¡him¡¡and¡¡all¡¡his¡¡
works¡£¡¡
¡¡¡¡¡¡¡¡The¡¡facts¡¡of¡¡the¡¡case¡¡stand¡¡somewhat¡¡different¡¡as¡¡regards¡¡the¡¡
American¡¡farmer's¡¡gains¡¡from¡¡his¡¡work¡¡as¡¡a¡¡husbandman£»¡¡or¡¡from¡¡
the¡¡use¡¡which¡¡he¡¡makes¡¡of¡¡his¡¡land¡¡and¡¡stock¡¡in¡¡farming¡£¡¡His¡¡
returns¡¡from¡¡his¡¡work¡¡are¡¡notably¡¡scant¡£¡¡So¡¡much¡¡so¡¡that¡¡it¡¡is¡¡
still¡¡an¡¡open¡¡question¡¡whether£»¡¡taken¡¡one¡¡with¡¡another£»¡¡the¡¡
American¡¡farmer's¡¡assets¡¡in¡¡land¡¡and¡¡other¡¡equipment¡¡enable¡¡him£»¡¡
one¡¡year¡¡with¡¡another£»¡¡to¡¡earn¡¡more¡¡than¡¡what¡¡would¡¡count¡¡as¡¡
ordinary¡¡wages¡¡for¡¡the¡¡labor¡¡which¡¡these¡¡assets¡¡enable¡¡him¡¡to¡¡put¡¡
into¡¡his¡¡product¡£¡¡But¡¡it¡¡is¡¡beyond¡¡question¡¡that¡¡the¡¡common¡¡run¡¡
of¡¡those¡¡American¡¡farmers¡¡who¡¡¡¨work¡¡their¡¡own¡¡land¡¨¡¡get¡¡at¡¡the¡¡
best¡¡a¡¡very¡¡modest¡¡return¡¡for¡¡the¡¡use¡¡of¡¡their¡¡land¡¡and¡¡stock£»¡¡¡¡
so¡¡scant£»¡¡indeed£»¡¡that¡¡if¡¡usage¡¡admitted¡¡such¡¡an¡¡expression£»¡¡it¡¡
would¡¡be¡¡fair¡¡to¡¡say¡¡that¡¡the¡¡farmer£»¡¡considered¡¡as¡¡a¡¡going¡¡
concern£»¡¡should¡¡be¡¡credited¡¡with¡¡an¡¡appreciable¡¡item¡¡of¡¡¡¨negative¡¡
intangible¡¡assets£»¡¨¡¡such¡¡as¡¡habitually¡¡to¡¡reduce¡¡the¡¡net¡¡average¡¡
return¡¡on¡¡his¡¡total¡¡active¡¡assets¡¡appreciably¡¡below¡¡the¡¡ordinary¡¡
rate¡¡of¡¡discount¡£¡¡His¡¡case£»¡¡in¡¡other¡¡words£»¡¡is¡¡the¡¡reverse¡¡of¡¡the¡¡
typical¡¡business¡¡concern¡¡of¡¡the¡¡larger¡¡sort£»¡¡which¡¡comes¡¡in¡¡for¡¡a¡¡
net¡¡excess¡¡over¡¡ordinary¡¡rates¡¡of¡¡discount¡¡on¡¡its¡¡tangible¡¡
assets£»¡¡and¡¡which¡¡is¡¡thereby¡¡enabled¡¡to¡¡write¡¡into¡¡its¡¡accounts¡¡a¡¡
certain¡¡amount¡¡of¡¡intangible¡¡assets£»¡¡and¡¡so¡¡come¡¡into¡¡line¡¡as¡¡a¡¡
vested¡¡interest¡£¡¡The¡¡farmer£»¡¡too£»¡¡is¡¡caught¡¡in¡¡the¡¡net¡¡of¡¡the¡¡new¡¡
order£»¡¡but¡¡his¡¡occupation¡¡does¡¡not¡¡belong¡¡to¡¡that¡¡new¡¡order¡¡of¡¡
business¡¡enterprise¡¡in¡¡which¡¡earning¡­capacity¡¡habitually¡¡outruns¡¡
the¡¡capitalised¡¡value¡¡of¡¡the¡¡underlying¡¡physical¡¡property¡£¡¡¡¡
¡¡
¡¡¡¡¡¡¡¡Evidently¡¡the¡¡cleavage¡¡due¡¡to¡¡be¡¡brought¡¡on¡¡by¡¡the¡¡new¡¡order¡¡
in¡¡business¡¡and¡¡industry£»¡¡between¡¡the¡¡vested¡¡interests¡¡and¡¡the¡¡
common¡¡man£»¡¡has¡¡not¡¡vet¡¡fallen¡¡into¡¡clear¡¡lines£»¡¡at¡¡least¡¡not¡¡in¡¡
America¡£¡¡The¡¡common¡¡man¡¡does¡¡not¡¡know¡¡himself¡¡as¡¡such£»¡¡at¡¡least¡¡
not¡¡yet£»¡¡and¡¡the¡¡sections¡¡of¡¡the¡¡population¡¡which¡¡go¡¡to¡¡make¡¡up¡¡
the¡¡common¡¡lot¡¡as¡¡contrasted¡¡with¡¡the¡¡vested¡¡interests¡¡have¡¡not¡¡
yet¡¡learned¡¡to¡¡make¡¡common¡¡cause¡£¡¡The¡¡American¡¡tradition¡¡stands¡¡
in¡¡the¡¡way¡£¡¡This¡¡tradition¡¡says¡¡that¡¡the¡¡people¡¡of¡¡the¡¡republic¡¡
are¡¡made¡¡up¡¡of¡¡ungraded¡¡masterless¡¡men¡¡who¡¡enjoy¡¡all¡¡the¡¡rights¡¡
and¡¡immunities¡¡of¡¡self¡­direction£»¡¡self¡­help£»¡¡free¡¡bargaining£»¡¡and¡¡
equal¡¡opportunity£»¡¡quite¡¡after¡¡the¡¡fashion¡¡that¡¡was¡¡sketched¡¡into¡¡
the¡¡great¡¡constituent¡¡documents¡¡of¡¡the¡¡eighteenth¡¡century¡£¡¡
¡¡¡¡¡¡¡¡Much¡¡doubt¡¡and¡¡some¡¡discontent¡¡is¡¡afoot¡£¡¡It¡¡is¡¡becoming¡¡
increasingly¡¡evident¡¡that¡¡the¡¡facts¡¡of¡¡everyday¡¡life¡¡under¡¡the¡¡
new¡¡order¡¡do¡¡not¡¡fall¡¡in¡¡with¡¡the¡¡inherited¡¡principles¡¡of¡¡law¡¡and¡¡
custom£»¡¡but¡¡the¡¡farmers£»¡¡farm¡¡laborers£»¡¡factory¡¡hands£»¡¡mine¡¡
workmen£»¡¡lumber¡¡hands£»¡¡and¡¡retail¡¡tradesmen¡¡have¡¡not¡¡come¡¡to¡¡
anything¡¡like¡¡a¡¡realisation¡¡of¡¡that¡¡new¡¡order¡¡of¡¡economic¡¡life¡¡
which¡¡throws¡¡them¡¡in¡¡together¡¡on¡¡one¡¡side¡¡of¡¡a¡¡line¡¡of¡¡division£»¡¡
on¡¡the¡¡other¡¡side¡¡of¡¡which¡¡stand¡¡the¡¡vested¡¡interests¡¡and¡¡the¡¡
kept¡¡classes¡£¡¡They¡¡have¡¡not¡¡yet¡¡come¡¡to¡¡realise¡¡that¡¡all¡¡of¡¡them¡¡
together¡¡have¡¡nothing¡¡to¡¡lose¡¡except¡¡such¡¡things¡¡as¡¡the¡¡vested¡¡
interests¡¡can¡¡quite¡¡legally¡¡and¡¡legitimately¡¡deprive¡¡them¡¡of£»¡¡
with¡¡full¡¡sanction¡¡of¡¡law¡¡and¡¡custom¡¡as¡¡it¡¡runs£»¡¡so¡¡soon¡¡and¡¡so¡¡
far¡¡as¡¡it¡¡shall¡¡suit¡¡the¡¡convenience¡¡of¡¡the¡¡vested¡¡interests¡¡to¡¡
make¡¡such¡¡a¡¡move¡£¡¡These¡¡people¡¡of¡¡the¡¡variegated¡¡mass¡¡have¡¡no¡¡
safeguard£»¡¡in¡¡fact£»¡¡against¡¡the¡¡control¡¡of¡¡their¡¡conditions¡¡of¡¡
life¡¡exercised¡¡by¡¡those¡¡massive¡¡interests¡¡that¡¡move¡¡obscurely¡¡in¡¡
the¡¡background¡¡of¡¡the¡¡market£»¡¡except¡¡such¡¡considerations¡¡of¡¡
expediency¡¡as¡¡may¡¡govern¡¡the¡¡manoeuvres¡¡of¡¡those¡¡massive¡¡ones¡¡who¡¡
so¡¡move¡¡obscurely¡¡in¡¡the¡¡background¡£¡¡That¡¡is¡¡to¡¡say£»¡¡the¡¡
conditions¡¡of¡¡life¡¡for¡¡the¡¡variegated¡¡mass¡¡are¡¡determined¡¡by¡¡what¡¡
the¡¡traffic¡¡will¡¡bear£»¡¡according¡¡to¡¡the¡¡calculations¡¡of¡¡self¡­help¡¡
which¡¡guide¡¡the¡¡vested¡¡interests£»¡¡all¡¡the¡¡while¡¡that¡¡the¡¡farmers£»¡¡
workmen£»¡¡consumers£»¡¡the¡¡common¡¡lot£»¡¡are¡¡still¡¡animated¡¡with¡¡the¡¡
fancy¡¡that¡¡they¡¡have¡¡themselves¡¡something¡¡to¡¡say¡¡in¡¡these¡¡
premises¡£¡¡
¡¡¡¡¡¡¡¡It¡¡is¡¡otherwise¡¡with¡¡the¡¡vested¡¡interests£»¡¡on¡¡the¡¡whole¡£¡¡They¡¡
take¡¡a¡¡more¡¡perspicuous¡¡view¡¡of¡¡their¡¡own¡¡case¡¡and¡¡of¡¡the¡¡
predicament¡¡of¡¡the¡¡common¡¡man£»¡¡the¡¡party¡¡of¡¡the¡¡second¡¡part¡£¡¡
Whereas¡¡the¡¡variegated¡¡mass¡¡that¡¡makes¡¡up¡¡the¡¡common¡¡lot¡¡have¡¡not¡¡
hitherto¡¡deliberately¡¡taken¡¡sides¡¡together¡¡or¡¡defined¡¡their¡¡own¡¡
attitude¡¡toward¡¡the¡¡established¡¡system¡¡of¡¡law¡¡and¡¡order¡¡and¡¡its¡¡
continuance£»¡¡and¡¡so¡¡are¡¡neither¡¡in¡¡the¡¡right¡¡nor¡¡in¡¡the¡¡wrong¡¡as¡¡
regards¡¡this¡¡matter£»¡¡the¡¡vested¡¡interests¡¡and¡¡the¡¡kept¡¡classes£»¡¡
on¡¡the¡¡other¡¡hand£»¡¡have¡¡reached¡¡insight¡¡and¡¡definition¡¡of¡¡what¡¡
they¡¡need£»¡¡want£»¡¡and¡¡are¡¡entitled¡¡to¡£¡¡They¡¡have¡¡deliberated¡¡and¡¡
chosen¡¡their¡¡part¡¡in¡¡the¡¡division£»¡¡partly¡¡by¡¡interest¡¡and¡¡partly¡¡
by¡¡ingrained¡¡habitual¡¡bent£»¡¡no¡¡doubt£»¡¡¡¡and¡¡they¡¡are¡¡always¡¡in¡¡
the¡¡right¡£¡¡They¡¡owe¡¡their¡¡position¡¡and¡¡the¡¡blessings¡¡that¡¡come¡¡of¡¡
it¡¡¡¡free¡¡income¡¡and¡¡social¡¡prerogative¡¡¡¡to¡¡the¡¡continued¡¡
enforcement¡¡of¡¡these¡¡eighteenth¡­century¡¡principles¡¡of¡¡law¡¡and¡¡
order¡¡under¡¡conditions¡¡created¡¡by¡¡the¡¡twentieth¡­century¡¡state¡¡of¡¡
the¡¡industrial¡¡arts¡£¡¡Therefore£»¡¡it¡¡is¡¡incumbent¡¡on¡¡them£»¡¡in¡¡point¡¡
of¡¡expediency£»¡¡to¡¡stand¡¡strongly¡¡for¡¡the¡¡established¡¡order¡¡of¡¡
inalienable¡¡eighteenth¡­century¡¡rights£»¡¡and¡¡they¡¡are¡¡at¡¡the¡¡same¡¡
time¡¡in¡¡the¡¡right£»¡¡in¡¡point¡¡of¡¡law¡¡and¡¡morals£»¡¡in¡¡so¡¡doing£»¡¡since¡¡
what¡¡is¡¡right¡¡in¡¡law¡¡and¡¡morals¡¡is¡¡always¡¡a¡¡question¡¡of¡¡settled¡¡
habit£»¡¡and¡¡settled¡¡habit¡¡is¡¡always¡¡a¡¡legacy¡¡out¡¡of¡¡the¡¡past¡£¡¡To¡¡
take¡¡their¡¡own¡¡part£»¡¡therefore£»¡¡the¡¡vested¡¡interests¡¡and¡¡the¡¡kept¡¡
classes¡¡have¡¡nothing¡¡more¡¡perplexing¡¡to¡¡do¡¡than¡¡simply¡¡to¡¡follow¡¡
the¡¡leadings¡¡of¡¡their¡¡settled¡¡code¡¡in¡¡all¡¡questions¡¡of¡¡law¡¡and¡¡
order¡¡and¡¡thereby¡¡to¡¡fall¡¡neatly¡¡in¡¡with¡¡the¡¡leading¡¡of¡¡their¡¡own¡¡
pecuniary¡¡advantage£»¡¡and¡¡always¡¡and¡¡on¡¡both¡¡counts¡¡to¡¡keep¡¡their¡¡
poise¡¡as¡¡safe¡¡and¡¡sound¡¡citizens¡¡intelligently¡¡abiding¡¡by¡¡the¡¡
good¡¡old¡¡principles¡¡of¡¡right¡¡and¡¡honest¡¡living¡¡which¡¡safeguard¡¡
their¡¡vested¡¡rights¡£¡¡
¡¡¡¡¡¡¡¡The¡¡common¡¡man¡¡is¡¡not¡¡so¡¡fortunate¡£¡¡He¡¡cannot¡¡effectually¡¡
take¡¡his¡¡own¡¡part¡¡in¡¡this¡¡difficult¡¡conjuncture¡¡of¡¡circumstances¡¡
without¡¡getting¡¡on¡¡the¡¡wrong¡¡side¡¡of¡¡the¡¡established¡¡run¡¡of¡¡law¡¡
and¡¡morals£»¡¡Unless¡¡he¡¡is¡¡content¡¡to¡¡go¡¡on¡¡as¡¡the¡¡party¡¡of¡¡the¡¡
second¡¡part¡¡in¡¡a¡¡traffic¡¡that¡¡is¡¡controlled¡¡by¡¡the¡¡massive¡¡
interests¡¡on¡¡the¡¡footing¡¡of¡¡what¡¡they¡¡consider¡¡that¡¡the¡¡traffic¡¡
will¡¡bear£»¡¡he¡¡will¡¡find¡¡himself¡¡in¡¡the¡¡wrong¡¡and¡¡may¡¡even¡¡come¡¡in¡¡
for¡¡the¡¡comfortless¡¡attention¡¡of¡¡the¡¡courts¡£¡¡Whereas¡¡if¡¡he¡¡makes¡¡
his¡¡peace¡¡with¡¡the¡¡established¡¡run¡¡of¡¡law¡¡and¡¡custom£»¡¡and¡¡so¡¡
continues¡¡to¡¡be¡¡rated¡¡as¡¡a¡¡good¡¡man¡¡and¡¡true£»¡¡he¡¡will¡¡find¡¡that¡¡
his¡¡livelihood¡¡falls¡¡into¡¡a¡¡dubious¡¡and¡¡increasingly¡¡precarious¡¡
case¡£¡¡It¡¡is¡¡not¡¡for¡¡nothing¡¡that¡¡he¡¡is¡¡a¡¡common¡¡man¡£¡¡
¡¡¡¡¡¡¡¡So¡¡caught¡¡in¡¡a¡¡quandary£»¡¡it¡¡is¡¡small¡¡wonder¡¡if¡¡the¡¡common¡¡man¡¡
is¡¡somewhat¡¡irresponsible¡¡and¡¡unsteady¡¡in¡¡his¡¡aims¡¡and¡¡conduct£»¡¡
so¡¡far¡¡as¡¡touches¡¡industrial¡¡affairs¡£¡¡A¡¡pious¡¡regard¡¡for¡¡the¡¡
received¡¡code¡¡of¡¡right¡¡and¡¡honest¡¡living¡¡holds¡¡him¡¡to¡¡a¡¡
submissive¡¡quietism£»¡¡a¡¡make¡­believe¡¡of¡¡self¡­help¡¡and¡¡fair¡¡
dealings£»¡¡whereas¡¡the¡¡material¡¡and¡¡pecuniary¡¡circumstances¡¡that¡¡
condition¡¡his¡¡livelihood¡¡under¡¡this¡¡new¡¡order¡¡drive¡¡him¡¡to¡¡fall¡¡
back¡¡on¡¡the¡¡underlying¡¡rule¡¡of¡¡Live¡¡and¡¡Let¡¡Live£»¡¡and¡¡to¡¡revise¡¡
the¡¡established¡¡code¡¡of¡¡law¡¡and¡¡custom¡¡to¡¡such¡¡purpose¡¡that¡¡this¡¡
underlying¡¡rule¡¡of¡¡life¡¡shall¡¡be¡¡brought¡¡into¡¡bearing¡¡in¡¡point¡¡of¡¡
fact¡¡as¡¡well¡¡as¡¡in¡¡point¡¡of¡¡legal¡¡formality¡£¡¡And¡¡the¡¡training¡¡to¡¡
which¡¡the¡¡hard¡¡matter¡­of¡­fact¡¡logic¡¡of¡¡the¡¡machine¡¡industry¡¡and¡¡
the¡¡mechanical¡¡organisation¡¡of¡¡life¡¡now¡¡subjects¡¡him£»¡¡constantly¡¡
bends¡¡him¡¡to¡¡a¡¡matter¡­of¡­fact¡¡outlook£»¡¡to¡¡a¡¡rating¡¡of¡¡men¡¡and¡¡
things¡¡in¡¡terms¡¡of¡¡tangible¡¡performance£»¡¡and¡¡to¡¡an¡¡ever¡¡slighter¡¡
respect¡¡for¡¡the¡¡traditional¡¡principles¡¡that¡¡have¡¡come¡¡down¡¡from¡¡
the¡¡eighteenth¡¡century¡£¡¡The¡¡common¡¡man¡¡is¡¡constantly¡¡and¡¡
increasingly¡¡exposed¡¡to¡¡the¡¡risk¡¡of¡¡becoming¡¡an¡¡undesirable¡¡
citizen¡¡in¡¡the¡¡eyes¡¡of¡¡the¡¡votaries¡¡of¡¡law¡¡and¡¡order¡£¡¡In¡¡other¡¡
words£»¡¡vested¡¡rights¡¡to¡¡free¡¡income¡¡are¡¡no¡¡longer¡¡felt¡¡to¡¡be¡¡
secure¡¡in¡¡case¡¡the¡¡common¡¡man¡¡should¡¡take¡¡over¡¡the¡¡direction¡¡of¡¡
affairs¡£¡¡
¡¡¡¡¡¡¡¡Such¡¡a¡¡vested¡¡right¡¡to¡¡free¡¡income£»¡¡that¡¡is¡¡to¡¡say¡¡this¡¡
legitimate¡¡right¡¡of¡¡the¡¡kept¡¡classes¡¡to¡¡their¡¡keep¡¡at¡¡the¡¡cost¡¡of¡¡
the¡¡underlying¡¡community£»¡¡does¡¡not¡¡fall¡¡in¡¡with¡¡the¡¡lines¡¡of¡¡that¡¡
mechanistic¡¡outlook¡¡and¡¡mechanistic¡¡logic¡¡which¡¡is¡¡forever¡¡
gaining¡¡ground¡¡as¡¡the¡¡new¡¡order¡¡of¡¡industry¡¡goes¡¡forward¡£¡¡Such¡¡
free¡¡income£»¡¡which¡¡measures¡¡neither¡¡the¡¡investor's¡¡personal¡¡
contribution¡¡to¡¡the¡¡production¡¡of¡¡goods¡¡nor¡¡his¡¡necessary¡¡
consumption¡¡while¡¡engaged¡¡in¡¡industry£»¡¡does¡¡not¡¡fit¡¡in¡¡with¡¡that¡¡
mechanistic¡¡reckoning¡¡that¡¡runs¡¡in¡¡terms¡¡of¡¡tangible¡¡performance£»¡¡
and¡¡that¡¡grows¡¡ever¡¡increasingly¡¡habitual¡¡and¡¡convincing¡¡with¡¡
every¡¡further¡¡habituation¡¡to¡¡the¡¡new¡¡order¡¡of¡¡things¡¡in¡¡the¡¡
industrial¡¡world¡£¡¡Vested¡¡perquisites¡¡have¡¡no¡¡place¡¡in¡¡the¡¡new¡¡
scheme¡¡of¡¡things£»¡¡hence¡¡the¡¡new¡¡scheme¡¡is¡¡a¡¡menace¡£¡¡It¡¡is¡¡true£»¡¡
the¡¡well¡¡stabilised¡¡principles¡¡of¡¡the¡¡eighteenth¡¡century¡¡still¡¡
continue¡¡to¡¡rate¡¡the¡¡investor¡¡as¡¡a¡¡producer¡¡of¡¡goods£»¡¡but¡¡it¡¡is¡¡
equally¡¡true¡¡that¡¡such¡¡a¡¡rating¡¡is¡¡palpable¡¡nonsense¡¡according¡¡to¡¡
the¡¡mechanistic¡¡calculus¡¡of¡¡the¡¡new¡¡order£»¡¡brought¡¡into¡¡bearing¡¡

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