ABSTRACT

THE primitive condition of mankind is one of poverty, ignorance, and helpless subjection to the forces of nature. The history of civilisation narrates the steps by which man, in part at any rate, has emerged from this original state of disability. Man is not naturally rich, nor wise, nor free. Wealth, knowledge, and liberty are the gifts of civilisation. Personal liberty, the institution of property, the right of exchange, and the enlargement of the intellectual horizon which

security creates, are the elements out of which, in the course of history, civilisation has proceeded.