The Camel
and the Needle’s Eye


The Camel and the
Needle’s Eye

By
Arthur Ponsonby, M.P.

Published December, 1909
Reprinted January, 1910
Reprinted October, 1910

London
A. C. Fifield, 13 Clifford’s Inn, E.C.
1910


WILLIAM BRENDON AND SON, LTD.
PRINTERS, PLYMOUTH


TO
MY WIFE


7

Contents

Preface
Chapter I
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 problem11
Chapter II
Money as a supreme concern—Intensity of belief in money—Definition of Contention—The impulses which act as the motive power of money-making—The limitation of human capacities—Money and happiness—Money as responsibility—The national wealth and welfare27
Chapter III
Definition of the limit—Those whose means are above the limit—Income translated into terms of subsistence—The case of the rich man—His establishments—His servants—His luxuries—Extravagance—Vanity—Sport—Racing—Yachting—Condemnation of excess43
Chapter IV
The rich man’s charities—His generosity—His hospitality—His land—The Feudal System—His responsibilities—The agricultural problem71
Chapter V
The rich man’s children—His sons’ education at school and university—His daughters—Love and marriage—Refinement of the aristocracy—Their alliance with the plutocracy—Smart society—Its general characteristics85
Chapter VI8
The rich man as a business man—The conduct of a successful business—Money-making the incentive—Money no measure of meri
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