The proprietor, producing neither by his own labor nor by his implement, and receiving products in exchange for nothing, is either a parasite or a thief.

Then, if property can exist only as a right, property is impossible.
COROLLARIES .-- 1.

The republican constitution of 1793, which defined property as "the right to enjoy the fruit of one's labor," was grossly mistaken.

It should have said, "Property is the right to enjoy and dispose at will of another's goods,--the fruit of another's industry and labor." 2.

Every possessor of lands, houses, furniture, machinery, tools, money, &c., who lends a thing for a price exceeding the cost of repairs (the repairs being charged to the lender, and representing products which he exchanges for other products), is guilty of swindling and extortion.