The “Lady of Saving,” in a profounder sense than that of the savings’ bank, though that is a good one: Madonna della Salute—Lady of Health—which, though commonly spoken of as if separate from wealth, is indeed a part of wealth. This word, “wealth,” it will be remembered, is the next we have to define.
“To be wealthy,” says Mr. Mill, is “to have a large stock of useful articles.”
I accept this definition. Only let us perfectly understand it. My opponents often lament my not giving them enough logic: I fear I must at present use a little more than they will like; but this business of Political Economy is no light one, and we must allow no loose terms in it.
We have, therefore, to ascertain in the above definition, first, what is the meaning of “having,” or the nature of Possession. Then, what is the meaning of “useful,” or the nature of Utility.
And first of possession. At the crossing of the transepts of Milan Cathedral has lain, for three hundred years, the embalmed body of St. Carlo Borromeo. It holds a golden crosier, and has a cross of emeralds on its breast. Admitting the crosier and emeralds to be useful articles, is the body to be considered as “having” them? Do they, in the politico-economical sense of property, belong to it? If not, and if we may, therefore, conclude generally that a dead body cannot possess property, what degree and period of animation in the body will render possession possible?
As thus: lately in a wreck of a Californian ship, one of the passengers fastened a belt about him with two hundred pounds of gold in it, with which he was found afterwards at the bottom. Now, as he was sinking—had he the gold? or had the gold him?27
And if, instead of sinking him in the sea by its weight, the gold had struck him on the forehead, and thereby caused incurable disease—suppose palsy or insanity—would the gold in that case have been more a “possession” than in the first? Without pressing the inquiry up through instances of gradually increasing vital power over the gold (which I will, however, give, if they are asked for), I presume the reader will see that possession, or “having,” is not an absolute, but a gradated, power; and consists not only in the quantity or nature of the thing possessed, but also (and in a greater degree) in its suitableness to the person possessing it, and in his vital power to use it.
And our definition of Wealth, expanded, becomes: “The possession of useful articles, which we can use.” This is a very serious change. For wealth, instead of depending merely on a “have,” is thus seen to depend on a “can.” Gladiator’s death, on a “habet”; but soldier’s victory, and state’s salvation, on a “quo plurimum posset.” (Liv. VII 6.) And what we reasoned of only as accumulation of material, is seen to demand also accumulation of capacity.
So much for our verb. Next for our adjective. What is the meaning of “useful?”
The inquiry is closely connected with the last. For what is capable of use in the hands of some persons, is capable, in the hands of others, of the opposite of use, called commonly, “from-use,” or “ab-use.” And it depends on the person, much more than on the article, whether its usefulness or ab-usefulness will be the quality developed in it. Thus, wine, which the Greeks, in their Bacchus, made, rightly, the type of all passion, and which, when used, “cheereth god and man” (that is to say, strengthens both the divine life, or reasoning power, and the earthly, or carnal power, of man); yet, when abused, becomes “Dionusos,” hurtful especially to the divine part of man, or reason. And again, the body itself, being equally liable to use and to abuse, and, when rightly disciplined, serviceable to the State, both for war and labour;—but when not disciplined, or abused, valueless to the State, and capable only of continuing the private or single existence of the individual (and that but feebly)—the Greeks called such a body an “idiotic” or “private” body, from their word signifying a person employed in no way directly useful to the State: whence, finally, our “idiot,” meaning a person entirely occupied with his own concerns.
Hence, it follows, that if a thing is to be useful, it must be not only of an availing nature, but in availing hands. Or, in accurate terms, usefulness is value in the hands of the valiant; so that this science of wealth being, as we have just seen, when regarded as the science of Accumulation, accumulative of capacity as well as of material—when regarded as the science of Distribution, is distribution not absolute, but discriminate; not of everything to every man, but of the right thing to the right man. A difficult science, dependent on more than arithmetic.
Wealth, therefore, is “the possession of the valuable by the valiant;” and in considering it as a power existing in a nation, the two elements, the value of the thing, and the valour of its possessor, must be estimated together. Whence it appears that many of the persons commonly considered wealthy, are in reality no more wealthy than the locks of their own strong boxes are; they being inherently and eternally incapable of wealth; and operating for the nation, in an economical point of view, either as pools
