The Camel and the Needle's Eye is a public-domain classic of economics by Arthur Ponsonby Ponsonby.
The complete text is on this page and the chapter pages below — all 11 chapters, about 36,345 words (~3 hours of reading), free to read online with no signup. Chapters include “Chapter X. Results of Influence of Money--No Motive in Lives of the”, “Chapter I. Extreme Poverty a Consequence of Extreme Wealth--Pity or”, “Chapter II. Money As a Supreme Concern--Intensity of Belief in”, and more.
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Results of influence of money--No motive in lives of the rich--Money as our master--If money ideal could be discarded--Possibility of change of ideal for all classes 179
Preface
My original intention was to collect together a number of essays on some of the most important bearings of the question of the expenditure of riches. After corresponding with those whom I had invited to join me in this undertaking, I became aware that in spite of our substantial agreement on main principles it would be difficult to secure uniformity in the treatment of the theme, and impossible to carry on any sustained argument through the varied contributions of different people writing from different points of view. Accordingly I came to the conclusion that I must renounce the co-operation of men well qualified to speak, whose knowledge and experience would have given their opinions special weight, and work out my own argument unaided.
Had I approached the subject from the standpoint of a scientific economist, I should have hesitated to enter upon such a formidable task. The more special knowledge a man has, the more conscious does he become of the impossibility of dealing adequately with his subject. But my object has been to write as one knowing no more than others who take any interest in human affairs and watch the play of social forces, as one who is no spectator in the combat he describes, and who, being himself infected with the malady he is studying, is perhaps the better able to diagnose it. I do not speak as a preacher to his congregation, as a teacher to his pupils, as a moralist to his disciples, or even as a politician to his audience, but as one man submitting his opinion for what it is worth to another.
At the same time, I am compelled by a deep conviction in the truth of my argument which passing years and the course of events only serve to strengthen, and if, by the brief suggestions contained in these pages, I can succeed in inducing anyone to examine more closely this branch of the Social Problem, which in my opinion is too often dismissed as negligible, I shall be amply repaid.
My thanks are due to those who have kindly assisted me in collecting the facts and figures in Chapter VIII and in other parts of the book, and also to Mr. and Mrs. J. L. Hammond, who read through the MS. and made valuable criticisms and suggestions.
A. P.
The Camel and the Needle’s Eye
Extreme poverty a consequence of extreme wealth--Pity or contempt for the poor--Money ideal strong among the poor--The different phases in making a fortune--The general tendency of society--Relations between rich and poor--Dis-sympathy and class hatred--The social problem.
Frederick the Great’s father, on the occasion of great court festivities used to lead his wife from the brilliant scene of gaiety to an adjoining chamber, where he made her lie down for a few moments in her own coffin, so as to give her a sharp reminder of the vanity and transitory nature of all human pleasure. An even more effective reminder for those who in London spend their money on a life of pure self-indulgence would be afforded by a walk at midnight along the Embankment from Westminster to Waterloo Bridge. No prearranged stage management is necessary for the sight they are to see. It is a long run, every night and all night, and has gone on ever since the Embankment was constructed. As they pass along they can see the seats packed closely with men and women leaning against one another in an exhausted or half-drunken slumber. They can see the ragged and filthy bundles of humanity lying round the parapet at the foot of Cleopatra’s Needle, or the rows of wretched caricatures of men and women lined along the wall under the shelter of the bridges. If they go late enough, there is a strange silence which at first gives the impression that the place is deserted. But it only means that these waifs and strays, these wretched outcasts, are enjoying the few hours’ reprieve given even to them by the blessed oblivion of sleep. The moon shines on them from over the river, but no melodrama can reproduce that scene; estimates are drawn up of their number, but no statistics can give an adequate analysis; books are written on their condition, but no language can describe it. A man who sees this squalid throng for the first time must be deeply impressed, but it strikes even more anyone who sees it constantly, and he must be less than human if he can pass without a poignant pang of shame. But nine out of ten of those who do pass along will tell you these wretches only have themselves to blame, and it would be better if they could be stowed away somewhere out of sight.
This, which is only one of many similar scenes throughout the country, is not described by way of presenting a dramatic contrast, but as an integral part of the problem of riches. These nocturnal spectres of the Embankment and the knots of bedraggled starvelings at the workhouse gates are the counterpart of the millionaire, the necessary concomitant to balance and complete the picture. The shameful waste of money one end produces a shameful waste of human life the other end. One species of parasite on the social body breeds another species of parasite. They are as much a part of the train of a rich man as his butlers and gamekeepers. They are the natural, though perhaps to him invisible, consequence of his misapplied and squandered thousands. The rich must take their full share of the responsibility, because the wealth represented by growing incomes is being increasingly ill-directed and wasted, and the inevitable outcome is to aggravate the problem of unemployment, to extend still further miserable conditions of living, and to nurture a neglected class devoid of moral and physical stamina, who fall out as incompetents and wastrels in the great struggle for existence. There are some who complain of any relief from the State being given to the unemployed poor as only encouraging their continued existence; but the maintenance of the unemployed rich by those who are instrumental in producing the national wealth is a far graver question. The unemployed pauper is a deplorable, but in each case a solitary and isolated outgrowth of circumstances too strong for him to resist. Whereas the unemployed capitalist is, on account of his riches, the centrifugal point of a whole set of dynamic forces of the gravest consequence. They radiate from him, vibrate far and wide into the vital concerns of others, and continue to operate harmfully so long as he attempts to manipulate his riches single-handed. He constitutes, therefore, a social danger.
This is no place to give a picture of poverty. It has been done often enough of late years and with faithful accuracy, so that society has no excuse for ignoring the real state of affairs, though in their stampede after money they have little time to give it a passing thought. To reflect about it and speak of it is to display foolish pessimism; to describe scenes of poverty is to be guilty of sentimentality and bad taste.
And what are the prevailing sentiments of the fat parasites towards their lean colleagues? Either pity or contempt. Their whole faith and all their actions naturally breed contempt for poverty, although they make some effort to conceal it. It is quite in consonance with a belief that money makes people refined, generous, dignified, gracious, subjects of reverence and models for emulation, and that those who have no resources cannot aspire to these notable qualities. But their pity, which is the mainspring to their so-called charity and is reserved more especially for the destitute, is misplaced, and would be better applied to themselves if only they could see the true position they fill in the general design of human society.
“Epargnez aux pauvres votre pitié,” says Anatole France, “ils n’en ont que faire. Pourquoi la pitié et non pas la justice? Vous êtes en compte avec eux. Réglez le compte. Ce n’est pas une affaire de sentiment. C’est une affaire économique. Si ce que vous leur donnez gracieusement est pour prolonger leur pauvreté et votre richesse, ce don est inique et les larmes que vous y mêlerez ne le rendront pas équitable.... Vous faites l’aumône pour ne pas restituer. Vous donnez un peu pour garder beaucoup et vous vous félicitez. Ainsi le tyran de Samos jeta son anneau à la mer. Mais la Némésis des dieux ne reçut point cette offrande. Un pêcheur rapporta au tyran son anneau dans le ventre d’un poisson. Et Polycrate fut dépouillé de toutes ses richesses.”
Together with the pity there is a lurking misgiving that they do owe the poor something, so, in blind ignorance and in fear of the full amount of their debt being demanded of them, they pay out driblets either with ostentation and self-congratulation or else trying almost pathetically, yet in vain, to pump into their gifts some of the sentiments which they conceive should be associated with pure charity.
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