Then bounty robbery has this peculiarity, that the _robbed_ are inhabitants of the country which allows it, and the _robbers_ are spread over the face of the globe.
It is truly wonderful that they should persist in holding this proposition to have been demonstrated: _All that the individual robs from the mass is a general gain._ Perpetual motion, the philosopher's stone, and the squaring of the circle, are sunk in oblivion; but the theory of _progress by robbery_ is still held in honor.

_A priori_, however, one might have supposed that it would be the shortest lived of all these follies.
Some say to us: You are, then, partisans of the _let alone_ policy?
economists of the superannuated school of the Smiths and the Says?
You do not desire the _organization of labor_?
Why, gentlemen, organize labor as much as you please, but we will watch to see that you do not organize _robbery_.
Others say, _bounties_, _tariffs_, all these things may have been overdone.

We must use, without abusing them.

A wise liberty, combined with moderate protection, is what _serious_ and practical men claim.

Let us beware of _absolute principles_.