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Finally, M. Wolowski opposes, on the one hand, the concentration of capital, and the absorption which results therefrom; and, on the other, he objects to the extreme division of the land.

The monetary unit, the system of weights and measures, have not infringed upon industrial liberty; no more would it be damaged by a system of trade-marks. M. Wolowski then supports himself on the authority of the princes of the science, A. Smith and J. B. Say, a precaution always useful with hearers who bow to authority much more than to reason.

Here M. Wolowski pretends to think that the opponents of property refer only to property in land, while they merely take it as a term of comparison; and, in showing with wonderful clearness the absurdity of the position in which he places them, he finds a way of drawing the attention of his hearers to another subject without being false to the truth which it is his office to contradict.

Property has its abuses, M. Wolowski confesses. "But," he says, "these abuses gradually disappear. To-day their cause is known. They all arise from a false theory of property. In principle, property is inviolable, but it can and must be checked and disciplined." Such are the conclusions of the professor. When one thus remains in the clouds, he need not fear to equivocate.

On Sunday, January 15th, Fould told me of the conclusion of the treaty of commerce with England, and the same evening we all dined at M. Chevalier's, with Cobden, Lavergne, Passy, Parieu, and Wolowski the promoters and authors of the treaty. I took down Mrs. Baring. Lord Brougham was also in Paris.

In more parliamentary language, I saw clearly that M. Wolowski was placed between his profound convictions on the one hand and his official duties on the other, and that, in order to maintain his position, he had to assume a certain slant.

Wolowski, Mazade, and other true-hearted men sent forth from leading reviews and journals words of sympathy, words of help, words of cheer. Not so England.

M. Wolowski replies, that the rights of authors, without machinery, would be nil; that, without paper-mills, type foundries, and printing-offices, there could be no sale of verse and prose; that many a mechanical invention, the compass, for instance, the telescope, or the steam-engine, is quite as valuable as a book.

I like this virtuous irony. But M. Wolowski has by no means exhausted the difficulties which the question involves. And first, is it just that MM. Cousin, Guizot, Villemain, Damiron, and company, paid by the State for delivering lectures, should be paid a second time through the booksellers? that I, who have the right to report their lectures, should not have the right to print them?

M. Wolowski is, as far as I know, the first jurist who has made a legislative application of this economical law. Only, while I have extended the principle of collective power to every sort of product, M. Wolowski, more prudent than it is my nature to be, confines it to neutral ground.