EMERSON From Conduct of Life_1860

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    WEALTH

    2

    military

    success.

    ood husbandry

    6.nd.s wile 

    chil

    dren and

    household.

    The

    good

    merchant

    larg

    e

    gains ships st.ocks

    and

    money. The good poet

    fam

    e

    and

    literary credit ; but not either the other.

    Yet there is commonly

    a

    ronfusion of expectations

    on

    these points. Hotspu-.: lives for the moment

    praises himsel£ for

    it,

    and despises Furlong  that he

    does not. H otspur

    of

    OOUJ Se is poor

    and

    Furlong

    a good provider. The odd circumstance is that

    Hotspur

    thinks

    it a

    su

    periority n himself this

    improvidence which ought to be rewarded with

    Furlong s lands.

    I

    ha

    ve not

    at

    all completed my design.

    But

    we

    must not leave

    the

    topic without casting one glance

    into

    the i

    nterior

    rec ISCS.

    t

    is

    a doctrine

    of

    phi

    losophy

    that

    man is a being

    of

    degrees ; that there

    is nothing in

    the

    world which is not repeated in

    his body

    his

    body being a sort

    of

    miniature

    or

    summary

    of the

    world ; then that there is nothing

    in his

    body

    which is not repeated

    as

    n a celestial

    sphere in his

    mind

    ; then there is nothing n hi8

    bra.in which is not repeated in a higher sphere

    n

    his moral syst.em.

    5.

    Now theee things are so in Nature. All

    things ascend

    and

    the royal rule of economy

    ia

    that it should ascend also or, whatever we

    do

    must always

    have a higher

    aim.

    Thus i t is

    a

    maxim tllat

    money

    is

    another

    kind

    of

    blood.

    e

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    122

    CONDUCT OF LIFE

    cunia

    alt

    sanguia

    or, the estate

    of

    a man

    is

    only

    a larger kind of body, and admits of regimen

    analogous to his bodily circolations. So there is

    no

    ma.xim of the merchant which

    does

    not admit of

    an extended sense, e.

    g.

    1

    Best use of money is

    to

    pay debts ; Every business by itself; Best

    time is present time;

    The right

    investment is

    in tools of

    your

    trade

    ;

    and the

    like.

    The

    count;..

    ing-room maxims liberally expounded

    are

    laws of

    the

    Universe. The merchant's economy

    is

    a coarse

    symbol of the soul's economy.

    I t

    is

    to

    spend

    for

    powel' and not for pleasure. I t is to invest in

    come ;

    that is

    to say to take

    up

    particulars into

    generals;

    days into integral eras - literary, emo

    tive, practical - of its life, and still to ascend

    in

    its

    investment. The merchant h s

    but

    one rule,

    absorb

    and invest ; he

    is

    t 0 be

    capita.list ; the

    scraps and

    filings must

    be gathered back

    into

    the

    crucible ; the gas and smoke must

    be

    burned., and

    earnings must not go

    to

    inCl'ease

    expense, but to

    capital again.

    Well,

    the

    man must be

    capitalist.

    Will he spend his income, or will

    he

    invest?

    is

    body and every organ is under

    the

    same law.

    His

    body is a jar in which

    the

    liquor

    of life

    is stored.

    Will he

    spend for pleasure?

    The

    way to ruin is

    short

    and

    facile.

    Will

    he not spend

    but hoard

    for

    power?

    I t

    passes through

    the

    sacred fermenta..

    tions,

    by

    that law of Nature whereby everything

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    WEALTH

    123

    climbs to higher platforms 

    and

    bodily vigor 00

    comes mental

    and

    moral vigor.

    Th

    e

    bread

    he

    eats is first

    strength and

    animal spirits ; it becom

    es

     

    in higher laboratories imagery and thought ; and

    in still higher results cow-age

    and

    endurance.

    This is

    the right compound interest ; this is cap

    ita.l doubled quadrupled centupled ; man railled

    to his highest power.

    The

    true thri t is always to spend on the higher

    plane;

    to

    invest

    and

    inv

    est

    with keener avari

    ce

     

    that

    he may spend in spiritual creation and not in

    augmenting animal exist.ence. Nor is the

    man

    en.

    riched in repeating the old experiments of

    au i-

    mal 11ensation ; nor unless through new powers

    and

    ascending pleasures he knows

    him self

    by

    the

    a c-

    tual experience of higher good to

    be

    already on

    the way to the highest.