These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)
My western friend who runs a prosperous stove-factory has been finding fault with my insistent use of the word exploitation. My outlook on life is not sufficiently cheerful, and I am inclined to see malevolence where everything is, as they say at college, healthy, hearty, and happy. Our quarrel rose over the Mesaba strike, and my acceptance of an I. W. W. pamphlet as a plausible account of what was going on there. The accounts of the insecurity of pay, the petty robberies, the reeking houses, the bigoted opposition to labor organization, seemed to me to smell of truth, because I had read the maddening tales of Colorado and West Virginia, and seen with my own eyes in Scranton and Gary and Pittsburgh the way workers live, not in crises of ind... (From : fair-use.org.)