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45 itself in action, would now naturally present themselves for our consideration; but, as the principles we seek to establish wholly disapprove of the thing itself, it is needless to dwell on these. It may be generally observed however, in connection with this subject, that the means by which freedom is limited with a view to welfare are very various in their character, as laws, exhortations, premiums, which are direct in their operation, and immunities, monopolies, etc. and the power acquired by the sovereign as chief landowner, which are indirect; and that all of them, whether direct or indirect, or however they may differ in kind or degree, are attended with pernicious consequences. Should it be objected to these assertions that it appears somewhat strange to deny to the State a privilege which is accorded to every individual, viz. to propose rewards, to extend loans, to be a land-owner, the objection might be fairly entertained if it were possible for the State to consist of a double personality in practice, as it does in theory. In such a case it would be the same as if a private individual had secured to himself a vast amount of influence. But when we reflect (still keeping theory clear from practice) that the influence of a private person is liable to diminution and decay, from competition, dissipation of fortune, nay even death; and that clearly none of these contingencies can be applied to the State; there still remains the unassailable principle that the latter is not to meddle in anything which does not refer exclusively to security,—a principle whose force of apposition is enhanced in that it has not been supported by arguments derived from the very nature of coercion itself. A private person, moreover, acts from other motives than the State. If an individual citizen proposes premiums, which I will agree to suppose are as efficient inducements as those of the State (although this is never perhaps the case), he does so for some interest of his own. Now, from