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 Never did that homicidal phrase escape my pen; never did my heart conceive the frightful thought. Thank Heaven! I know not how to calumniate my kind; and I have too strong a desire to seek for the reason of things to be willing to believe in criminal conspiracies. The millionnaire is no more tainted by property than the journeyman who works for thirty sous per day. On both sides the error is equal, as well as the intention. The effect is also the same, though positive in the former, and negative in the latter. I accused property; I did not denounce the proprietors, which would have been absurd: and I am sorry that there are among us wills so perverse and minds so shattered that they care for only so much of the truth as will aid them in their evil designs. Such is the only regret which I feel on account of my indignation, which, though expressed perhaps too bitterly, was at least honest, and legitimate in its source.

However, what did I do in this essay which I voluntarily submitted to the Academy of Moral Sciences? Seeking a fixed axiom amid social uncertainties, I traced back to one fundamental question all the secondary questions over which, at present, so keen and diversified a conflict is raging. This question was the right of property. Then, comparing all existing theories with each other, and extracting from them that which is common to them all, I endeavored to discover that element in the idea of property which is necessary, immutable, and absolute; and asserted, after authentic verification, that this idea is reducible to that of individual and transmissible possession; susceptible of exchange, but not of alienation; founded on labor, and not on fictitious occupancy, or idle caprice. I said, further, that this idea was the result of our revolutionary movements,—the culminating point towards which all opinions, gradually divesting themselves of