The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities, is not what the controllers of that credit call "interesting." He borrows with difficulty and upon high terms, and must pledge security out of all proportion to that which his richer rival has to put down.
Hilaire BellocIf we are to be happy, decent and secure of our souls: drink some kind of fermented liquor with one's food; go on the water from time to time; dance on occasions, and sing in a chorus.
Hilaire BellocWherever the Industrial system has reached its second generation it is threatened by two mortal perils. The first is the demand by an organized proletariat for sustenance without relation to the product of its labor; a demand which threatens the very existence of PROFIT (on the necessary presumption of which Capitalism reposes). The second, and immediately graver danger is that of a revolt for the confiscation of the means of production.
Hilaire BellocThe very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.
Hilaire BellocFor no one, in our long decline,So dusty, spiteful and divided,Had quite such pleasant friends as mine,Or loved them half as much as I did. [stanza 3]The library was most inviting:The books upon the crowded shelvesWere mainly of our private writing:We kept a school and taught ourselves. [stanza 15]From quiet homes and first beginning,Out to the undiscovered ends,Theres nothing worth the wear of winning,But laughter and the love of friends. [stanza 22]You do retain the song we set,And how it rises, trips and scans?You keep the sacred memory yet,Republicans? Republicans?[stanza 36]
Hilaire Belloc