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Article GENERAL ASSUEANCE ADVOCATE. Page 1 of 6 →
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General Assueance Advocate.
GENERAL ASSUEANCE ADVOCATE .
31 ST MARCH , 1849 .
LIFE ASSURANCE . THE OLD AND NEW OFFICES . THE whole world is deep in the vortex of competition—men seek for wealth in tbe thousand avenues of speculation . Labour , teeming in abundance , is striving anxiousl y by every outlet to emerge from poverty
into comfort—from comfort into wealth—too often to be repulsed , and driven discomfited back ; but still the swarm of gold-seekers , impelled by an irresistible impulse , presses impetuously onward , and the war of competition continues to rage as fiercely and as constantly , with as much persistency of effort , and with apparently as little avail for the happiness of the many , as the hoarse waves which have for ages washed against ,
without undermining , the steadfast rocks which bulwark our island home . Every speculation which promises cent , per cent ., every Eldorado vision , enlists its thousands of willing hands , acute brains and adventurous spirits , eager to win , with lightning-like rapidity , that affluence whicli experience teaches them is so often denied to steady and enduring
labour . This is the true spirit of the rage of speculation which burns so fiercely among us—the true key to the problem of our commercial society . Well , it is perhaps necessary that it should be so . We see good so constantly evolving itself out of evil , that we are accustomed to look for it almost solely from that source . We cannot conceive any way by which man can struggle through the transitory state from
ignorance , the great evil , to knowledge , the great good ; except through the deadly strife of competition , in which , though myriads perish , men are stimulated , for their own sakes , to take advantage of every discovery of science , every appliance of art , to work out that dominion over the powers of nature which , while it now tends to make only the few rich , is piling up resources out of which must arise the prosperity of the future ,
and which must , in the fulness of time , ensure the physical happiness of the masses . The transition state from a knowledge of wants , whicli is misery , to a knowledge of the means of satisfying those wants , which VOL . VII . o
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
General Assueance Advocate.
GENERAL ASSUEANCE ADVOCATE .
31 ST MARCH , 1849 .
LIFE ASSURANCE . THE OLD AND NEW OFFICES . THE whole world is deep in the vortex of competition—men seek for wealth in tbe thousand avenues of speculation . Labour , teeming in abundance , is striving anxiousl y by every outlet to emerge from poverty
into comfort—from comfort into wealth—too often to be repulsed , and driven discomfited back ; but still the swarm of gold-seekers , impelled by an irresistible impulse , presses impetuously onward , and the war of competition continues to rage as fiercely and as constantly , with as much persistency of effort , and with apparently as little avail for the happiness of the many , as the hoarse waves which have for ages washed against ,
without undermining , the steadfast rocks which bulwark our island home . Every speculation which promises cent , per cent ., every Eldorado vision , enlists its thousands of willing hands , acute brains and adventurous spirits , eager to win , with lightning-like rapidity , that affluence whicli experience teaches them is so often denied to steady and enduring
labour . This is the true spirit of the rage of speculation which burns so fiercely among us—the true key to the problem of our commercial society . Well , it is perhaps necessary that it should be so . We see good so constantly evolving itself out of evil , that we are accustomed to look for it almost solely from that source . We cannot conceive any way by which man can struggle through the transitory state from
ignorance , the great evil , to knowledge , the great good ; except through the deadly strife of competition , in which , though myriads perish , men are stimulated , for their own sakes , to take advantage of every discovery of science , every appliance of art , to work out that dominion over the powers of nature which , while it now tends to make only the few rich , is piling up resources out of which must arise the prosperity of the future ,
and which must , in the fulness of time , ensure the physical happiness of the masses . The transition state from a knowledge of wants , whicli is misery , to a knowledge of the means of satisfying those wants , which VOL . VII . o