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retaining- this department in his own hands, that he 

 should retain at the same time an intelligent and 

 efficient agency, under a chief of ability, in concert 

 with whom he might work out his plans. And the 

 interest of the whole community living on the estate, 

 and of the proprietor himself, would be so great in, 

 and so bound up with, the result, that the necessity 

 for this would strike him at once. For always 

 supposing Jones to be a practical man he would 

 comprehend, that if he looked on this portion of his 

 business as secondary, and left it to be worked out, 

 in a hap-hazard manner, by persons fully occupied 

 with other duties, who had not moreover the special 

 knowledge necessary for rightly understanding it, 

 the whole of his borrowed capital would very likely 

 be exhausted in undertakings which, under such 

 circumstances, it could hardly be expected, would 

 turn out otherwise than expensive failures, barren 

 of results. 



It often happens, however, that great landed 

 proprietors are not fond of entering into mercantile 

 or business speculations; sometimes from a mistaken 

 notion that such transactions are unbecoming the 

 dignity of high personages. Now Jones, being one 

 of a mercantile people, would not, probably, have any 

 scruples, on this score, about turning a penny for 

 his own or his people's advantage, provided he could 

 do so honestly. And it is a very singular fact 

 that, in those quarters where his nation is so much 

 sneered at on this account, we find the most august 



