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Updated: May 2, 2025
And despite his well dissembled anxiety I could see that Lewes was not easy respecting her capability of resisting the heat, the fatigue, and the unwonted exercise. But her cheerfulness and activity of interest never failed her for an instant. Her mind "made increment of everything."
I do not propose to lash this horse, which is every now and then trotted out and properly thrashed by reforming economists and others. "Unearned increment" is one of those accidental incidents of life which can hardly be controlled or reckoned with. Why should some men be sound and healthy and six feet high, and others weak and feeble and only four feet ten? Most unequal and unjust!
If the land were occupied by shops or by dwellings, the municipality at least would secure the rates upon them in aid of the general fund; but the land may be unoccupied, undeveloped, it may be what is called "ripening" ripening at the expense of the whole city, of the whole country for the unearned increment of its owner. Roads perhaps have to be diverted to avoid this forbidden area.
I shall regard as good whatever fulfils interests, and as morally good whatever fulfils all interests affected to the maximum degree. Especial importance now attaches to the principle which I have phrased the quantitative basis of preference. Since progress involves the change from good to better, it implies an increment of value. The later age is judged to be as good and better.
"There are only two conceivable ways," he then wrote, "in which any increment of brain power can ever have arisen in any individual. The one is the Darwinian way, by spontaneous variation, that is to say, by variation due to minute physical circumstances affecting the individual in the germ.
If, for instance, I can manufacture shoes to sell for $4.00 a pair and a change in market conditions is such that I can obtain $5.00 a pair, I would endeavor to produce more shoes in order to profit by the favorable market; and if thereafter the price should rise to $6.00 and $7.00 and $8.00 a pair, at each increment my efforts would be still further intensified.
The father expected he would lose the money; but it did not turn out so in practice, for the boy took so much pains and played so cautiously that the money kept growing and growing till the father took it away again, increment and all as he was pleased to say, in self defence. I had made my own mistakes with money about the year 1846, when everyone else was making them.
Thou lunatics, go learn the difference between a car and its load of cotton, a bolt of muslin and that wherewith it is measured, a nation's wealth and its exchange media. What does a man with the wealth he "hoards?" Does he not seek to make it earn an increment?
The Great Frederic kept Silesia; the King of Sardinia the territories already ceded by Austria. Only France had made great conquests; and only she retained no increment of territory.
Memory and heredity are the means of preserving experiences, of building them together, of uniting a mass of often confused detail into homogeneous and consistent mind and matter, but they do not originate. The increment in each generation, at the moment of its being an increment, has nothing to do with memory or heredity, it is due to the chances and changes of this mortal state.
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