152 



Jones, therefore, if a man of business and wise, 

 would not entertain either of these ideas; but know- 

 ing that in entering on speculations promising 

 a very much larger return than the interest he 

 was already paying for borrowed money, every 

 day passed in inactivity was certain loss, he 

 would, immediately, set about developing the 

 resources of his estate himself if he could] or, 

 commencing such experimental operations as 

 would enable him to lay his projects before the 

 public, with such convincing data, such positive 

 proof of success, as would at once guarantee the 

 whole of his shares being taken up, and insure 

 him besides a handsome premium for the risks 

 incident on new experiments if he could not. 



That Jones, if equal to the management of large 

 operations, should, tentatively, undertake the develop- 

 ment of the resources of his own estate, in preference 

 to having recourse to foreign agency, would be better 

 for the community of his tenantry, individually and 

 collectively, and for himself, and this is clear. Be- 

 cause, while in both .cases, the working expenses 

 would go to enrich the laborers (his tenantry), in 

 the latter, receiving all the profits himself, he would 

 be able not only to live with greater splendour, but 

 to spend a very large surplus, in works for the 

 improvement of his property, and for the public 

 good. In other words, the entire portion of Jones' 

 wealth would still remain on his estate, the 



