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136 can be no good reason for allowing this privilege to descend to his children and grandchildren and so on for ever. The effect is to produce an idle and exceptionally fortunate class, who are influential through their money, and opposed to reform for fear it should be directed against themselves. Their whole habit of thought becomes timid, since they dread being forced to acknowledge that their position is indefensible; yet snobbery and the wish to secure their favor leads almost the whole middle class to ape their manners and adopt their opinions. In this way they become a poison infecting the outlook of almost all educated people.

It is sometimes said that without the incentive of inheritance men would not work so well. The great captains of industry, we are assured, are actuated by the desire to found a family, and would not devote their lives to unremitting toil without the hope of gratifying this desire. I do not believe that any large proportion of really useful work is done from this motive. Ordinary work is done for the sake of a living, and the very best work is done for the interest of the work itself. Even the captains of industry, who are thought (perhaps by themselves as well as by others) to be aiming at founding a