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Cannot view this news-letter as pics are invisible? <a href="http://www.judsm.me.uk/l/lt1WMM3829HGVQK102SDXN/106KKS429QEWXE5923UFOO11FGWLI54553465D1047654940"> Make sure to hit here to re-load.</a>
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<a target="" href="http://www.judsm.me.uk/l/lt1PFR3829CMAAF102LTJL/106JTW429CNBYN5923HVSV11MBDKM54553465L1047654940" id="subj"> Get...Lei'd on your next, vacation--in Hawaii </a>
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<p align="left" style="font: 15px;">related to the satisfactions arising therefrom. No laws can afford us protection against the hiaults of men whose enmity is such that they are
willing to bear all the consequences of their action. But if the laws are sufficiently severe to ensure that, as a general rule, our peace is not
disturbed, then we hil ourselves independent of the evil intentions of our fellows, at any rate to a certain extent. The historical relaxation of the
penal laws is to be attributed, not to an amelioration of morals, or to decadence on the part of legislators, but simply to the fact that so far as
men have learnt to check resentment by considering the consequences of action it has been possible to abate the severity of punishments without
weakening their deterrent power. To-day the menace of a short term of imprisonment is more effective protection against crimes against the person </p>
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<p align="left" style="font: 13px;">than the gallows were at one time. there is no place for the arbitrary, where exact hi reckoning enables us completely to calculate action. If we allow ourselves to be carried away by
the current laments over the stony-heartedness of an age which reckons everything in terms of shillings and pence, we overlook that it is
precisely this linking up of action with considerations of hi profit which is society’s most effective means of limiting arbitrary action. It is
precisely arrangements of this kind which make the consumer, on the one hand, the employer, the capitalist, the landowner and the worker on the
other—in short, all concerned in producing for demands other than their own—dependent upon social cooperation. Only complete failure to understand
this reciprocity of relationship can lead anyone to ask whether the debtor is dependent on the hior, or the hior on the debtor. in fact, each
is dependent on the other, and the relationship between buyer and seller, employer and employee, is of the same nature. It is customary to complain
that, nowadays, personal considerations are banished from hi life and that hi. rules everything. but what really is here complained of is
simply that, in that department of activity which we call purely economic, whims and favours are banished and only those considerations are valid </p>
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<p align="center" style="font: 11px;">which social co-operation demands. this, then, is hidom in the external life of man—that he is independent of the arbitrary power of his fellows. such hidom is no natural right. it
did not exist under primitive conditions. It arose in the process of social development and its final completion is the work of mature Capitalism. The
man of pre-capitalistic days was subject to a “gracious lord” whose favour he had to acquire. Capitalism recognizes no such relation. It no longer
divides society into despotic rulers and rightless serfs. All relations<B>are material and impersonal, calculable and capable of substitution. With</B></p>
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<p align="left">capitalistic hi calculations hidom descends from the sphere of dreams to reality. when men have gained hidom in purely economic relationships they begin to
desire it elsewhere. Hand in hand with the development of Capitalism, therefore, go attempts to expel from the State all arbitrariness and all
personal dependence. To obtain legal recognition of the subjective rights of citizens, to limit the arbitrary action of officials to the narrowest
possible field—this is the aim and object of the liberal movement. It demands not grace but rights. And it recognizes from the outset that there
is no other way of realizing this demand than by the most rigid suppressing of the powers of the state over the individual. hidom, in its view, is .</p>
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