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“ The smack was gone, and the strange ship gone, and the gale blowing steady and strong. One by one, mates, we got astride of the mast, and lashed ourselves with odds and ends of broken rope; and then we began, as we rose and fell on the sea, to look about and muster how many we were. The crew, including the captain, was seven hands, but we were sure there were eight men sitting on the mast. It was too dark to see faces; but you could see the dark figures clinging to the spar.
'Answer to your names, mates,' says Bartholomew, who somehow took the lead. ”

“ It is a capital opportunity; and I, for one, hope that hundreds of the intelligent working-men of London will avail themselves of it. They, on their part, may find government education not unacceptable; and government, on the other hand, encouraged by a successful experiment, may feel inclined to extend its benefits. If a clear-headed lecturer on political economy could also be appointed, perhaps in time our industrial fellow-countrymen might come to understand that strikes are always a mistake, and the masters, that fair play is a jewel. ”

“ Love also attached his heart, where toil, poverty, and retirement had fixed his life. Eléonore Duplay, the eldest daughter of his host, inspired Robespierre with a more serious attachment than her sisters. The feeling, rather predilection than passion, was more reasonable on the part of Robespierre, more ardent and simple on the part of the young girl. This affection afforded him tenderness without torment, happiness without excitement: it was the love adapted for a man plunged all day in the agitation of public life—a repose of the heart after mental fatigue. ”

“ The true way to fill up the gap happily for all parties, is not for the middle-class to descend, but the working-class to rise. Nothing could better accomplish this, than imparting to them facilities for entering into business on a small scale on their own account. The hopelessness with which the workman looks at the position of the employer, as that of a great capitalist, would then be turned into hope and endeavour. ”

“ One, after all, cannot wonder at this change, when he contrasts the scenery of the interior of an infant school with that of the generality of poor homes. The child, making, as it were, its first voyage in life, has here been introduced, not merely to a society conducted on principles of gentleness and kindness, but to a fairyland of marvels for the fascination of its intellectual faculties. ”

“ It is a general prejudice, that a subject like the law of partnership is a matter for the legal profession only, or, at most, for the consideration of capitalists embarked in partnership business. But it is, in truth, a subject of great interest to the public at large, and especially to that valuable portion of the community who possess ability and character, and have a little property—but not much—at stake in the soundness of our institutions. ”

“ A young man commences business alone, or in company with others: they have intelligence, ability, and honesty, but little capital. A capitalist, who, perhaps, conducts some larger business of his own, might, ingrafting kindness on prudential considerations, be inclined to embark with them to a certain extent; but he finds, that instead of a prudential step, nothing could be more thoroughly imprudent. He will have to embark not only the small sum he destined for the purpose, but his whole fortune. ”

“ Not so are we to exempt great criminals from punishment and obloquy. Robespierre knew thoroughly what he was about; and far as he was misled in his motives, he must be held responsible for his actions. Before entering on the desperate enterprise of demolishing all existing institutions, with the hope of reconstructing the social fabric, it was his duty to be assured that his aims were practicable, and that he was himself authorised to think and act for the whole of mankind, or specially commissioned to kill and terrify into his doctrines. ”

“ There is no unkind distinction among the lower classes in this country, and by this I mean the whole of the Austrian states. There being only two classes—the nobles and the commons—none of the commons despise each other, however poor or humble their situation may be. The barefooted orphan, kept and educated by charity or the state, is not an object of contempt or ridicule to the child of the prosperous artisan, who stands clothed in its little snow-white frock and pink ribbons beside its less fortunate companion. ”

“ Coinciding with these practical witnesses, the theorists on political economy who were consulted on the occasion—such as Mr Babbage and Mr J.S. Mill—held that many inventions that might be patented and used, and many ingenious discoveries made by men of the operative class, were lost to the world by the defective state of the law. They would often get those who, richer than themselves, have reliance on their judgment, to aid them in carrying out their inventions or improvements, were it not for the law of unlimited responsibility. ”

“ Whether a project be to make a railway from one small place to another, or to provide gas to supply any town, great or small, all those companies, as a matter of course, come to the legislature and ask for, and obtain, limited liability. They are commercial companies, and one cannot trace the reason why they should have limited liability a bit more than any other company—but it is so.'
Here we have at least a precedent, which is of importance in a country like this, so truly conservative in the sense of adhering to anything that is fixed law or matter of traditional business routine. ”

“ The multitude came to implore favour or life at the door of his house, yet nothing found its way within. The private lodging of Robespierre consisted of a low chamber, constructed in the form of a garret, above some cart-sheds, with the window opening upon the roof. It afforded no other prospect than the interior of a small court, resembling a wood-store, where the sounds of the workmen's hammers and saws constantly resounded, and which was continually traversed by Madame Duplay and her daughters, who there performed all their household duties. ”

“ A notion sprang up that the school was on fire. That was enough. The floor was in an uproar; and the noise so created in one department was communicated to the others. The whole school was seized with panic! Now commenced a rush towards the various doors. Out of each poured a flood of children, dashing wildly to the staircase. The torrent jammed up, and unable to find outlet by the stair, burst the balustrades, and down like a cataract poured the maddened throng into the central well, falling on the paved lobby beneath. ”

“ With regard to those who put in money without incurring farther responsibility, it is only necessary to publish the sums contributed by them: no farther information regarding them would be of any use, unless to their fellow-partners, who would perhaps like to know if the concern is patronised by men of sense, and they may satisfy themselves by looking at the deed of partnership. Now, there is perfect fairness in all this. The public know the persons who agree to take the full responsibility ”

“ There wasn't another man sailed out of the River Thames who could handle a smack like Bob Goss. When he took the tiller, somehow the craft seemed to know it, and bobbed up half a point nearer to the wind; and when we were running free with the main-sheet eased off, and the foresail shivering, her wake would be as straight as her mast; only, he was a rare fellow for carrying on, was old Captain Goss! We would be staggering under a whole main-sail, when the other smacks had three reefs in theirs ”

“ Invest part of your savings in a company in which you have reliance; assist a young man, of whose capacity and honesty you think well, by investing money in his business; and some day you may find yourself ruined for having done so.
Those readers who have turned any attention to this subject, will at once see that we refer to the law of unlimited responsibility in partnerships. ”

“ As an Englishman, living in friendly intercourse with members of the imperial family, and many persons high in the administration, I am happy to avow my thorough conviction, that such, pure and simple, is the object held in view in the establishment of schools throughout the empire, and above all, in that of the infant schools, which are now planted in every place where there exists a sufficiency of population. ”

“ The Americans do not emigrate—they migrate; and there are spots in any of these three kingdoms, as wild, as solitary, and as healthful, as can be found in the regions of the Far West. But we do not, however, suggest migration as a substitute for genteel emigration—although we suspect it would in many cases prove so—but merely as a step towards it—a school of trial, or training, or both. ”

“ Without being conscious of any dishonesty, the firm will be led to trade, not on the capital which their friend has advanced, but on the capital which he possesses. Of course, they do not intend that he should lose his fortune, any more than that they themselves should lose their business and pecuniary means. But these things happen against people's intentions and inclinations; and the friend who wished to aid them with a moderate and cautious advance, is ruined; while those who were giving reckless credit, and who encouraged dangerous speculations, are paid cent. ”

“ In the commandite partnerships, however, the restriction of liability does not apply to all the shareholders, as in the case of our great joint-stock companies. Full responsibility alights only on those partners who take it upon them, who have an interest in the profits measured by their responsibility, and who are known to the world to be so responsible. ”

“ Very often, a young man of enterprise and ability, acting as manager, overseer, or in some other respectable capacity, receives a small share in the profits to encourage him to exertion: he has no control over the management: some leading man plunges, to serve himself, into dangerous speculations, and there is a bankruptcy. The young man has done nothing but good service all along to the partnership, and to its creditors, and all who have had dealings with it ”

“ Amidst an impulsive and lively people, unaccustomed to the practical consideration and treatment of abuses, there arose a cry to destroy, root up; to sweep away all preferences and privileges; to bring down the haughty, and raise the depressed; to let all men be free and equal, all men being brothers. ”

“ It is quite right that trading companies should not trade on false resources, and be able to laugh at their creditors by placing out of the reach of the law the funds with which they have speculated. Yet this can be done under the present system; and there is a class of men in the commercial world, banded together by peculiar ties and interests, who are said to accomplish it on a large and comprehensive scale. ”

“ We can even anticipate, from anything that will facilitate fruitful investment by the working-classes, a still wider—we might say, a political effect. The chief defect in our otherwise sound social system, is the want of fusion between the class of employers and employed. As some other countries are subject to the more serious evil of being without a middle-class between the aristocracy and the common people, so we want a sub-grade, as it were, between the middle and the working classes. ”

“ First, he swept away Royalists and aristocrats; next, he sacrificed the Girondists; last, he came to his companion-Jacobins. Accusing Danton and his friends of a tendency to moderation, he had the dexterity to get them proscribed and beheaded. When Danton was seized, he could hardly credit his senses: he who had long felt himself sure of being one day dictator by public acclamation, and to have been deceived by that dreamer, Robespierre, was most humiliating. But Robespierre would not dare to put him to death! ”

“ A penniless man starts in business, supplied with abundant capital by his friends: they may demand 6, 7, or 10 per cent. for the use of it; and if they manage, which they may, to avoid the residue of the law of usury, they are safe from the law of partnership. The new man, by his prompt payments and abundant command of capital, works himself into good credit. It is an understanding, that when he has been thus set afloat, the money advanced by his friends is to be gradually repaid. ”

“ Captain Goss and his companion were gone!
'Thank God,' says Old Bartholomew, 'for Jonah is in the sea.' In less than half an hour, mates, we were tossed ashore, without a bruise or scratch. We walked the beach till daylight, and then we saw that the mast had disappeared. None ever saw more a [pg 138] timber or a rope's-end of the Lively Nan. She had been staked and won; but the greasy cards, mates, lay wet and dank upon the beach, and we left them to wither there among the sea-weed. ”

“ It was interesting to observe, that so far from pining to see a cleverer neighbour answer what they had failed in, they seemed to feel a triumph when, after a general difficulty, it was at length found that some one could give the right answer—shewing that they might have a feeling of emulation as to the honour of the school, but none as between one pupil and another. ”

“ All we learn is, that there hovered in his mind's eye some vague Utopia, in which public affairs would go on very much of themselves, through the mere force of universal Benevolence, liberated from the bosom of Nature. ”

“ Let it further be remembered that, in 1793, France was kept in apprehension of invasion by the Allies under the Duke of Brunswick, and the army of emigrant noblesse under the command of Condé. The hovering of these forces on the frontiers, and their occasional successes, produced a constant alarm of counter-revolution, which was believed to be instigated by secret intriguers in the very heart of the Convention. It was alleged by Robespierre in his greatest orations, that the safety of the Republic depended on keeping up a wholesome state of terror ”