III + 

The Triumph of Economic Virtues + 

“One beam in a dark place,” wrote one who knew the travail of the spirit, “hath exceeding much refreshment in it. Blessed be His name for shining upon so dark a heart as mine.” While the revelation of God to the individual soul is the center of all religion, the essence of Puritan theology was that it made it, not only the center, but the whole circumference and substance, dismissing as dross and vanity all else but this secret and solitary communion. Grace alone can save, and this grace is the direct gift of God, unmediated by any earthly institution. The elect cannot by any act of their own evoke it; but they can prepare their hearts to receive it, and cherish it when received. They will prepare them best, if they empty them of all that may disturb the intentness of their lonely vigil. Like an engineer, who, to canalize the rush of the oncoming tide, dams all channels save that through which it is to pour, like a painter who makes light visible by plunging all that is not light in gloom, the Puritan attunes his heart to the voice from Heaven by an immense effort of concentration and abnegation. To win all, he renounces all. When earthly props have been cast down, the soul stands erect in the presence of God. Infinity is attained by a process of subtraction. + 

To a vision thus absorbed in a single intense experience, not only religious and ecclesiastical systems, but the entire world of human relations, the whole fabric of social institutions, witnessing in all the wealth of their idealism and their greed to the infinite creativeness of man, reveal themselves in a new and wintry light. The fire of the spirit burns brightly on the hearth; but through the windows of his soul the Puritan, unless a poet or a saint, looks on a landscape touched by no breath of spring. What he sees is a forbidding and frost-bound wilderness, rolling its snow-clad leagues towards the grave⁠—a wilderness to be subdued with aching limbs beneath solitary stars. Through it he must take his way, alone. No aid can avail him: no preacher, for only the elect can apprehend with the spirit the word of God; no Church, for to the visible Church even reprobates belong; no sacrament, for sacraments are ordained to increase the glory of God, not to minister spiritual nourishment to man; hardly God himself, for Christ died for the elect, and it may well be that the majesty of the Creator is revealed by the eternal damnation of all but a remnant of the created. + 

His life is that of a soldier in hostile territory. He suffers in spirit the perils which the first settlers in America endured in body, the sea behind, the untamed desert in front, a cloud of inhuman enemies on either hand. Where Catholic and Anglican had caught a glimpse of the invisible, hovering like a consecration over the gross world of sense, and touching its muddy vesture with the unearthly gleam of a divine, yet familiar, beauty, the Puritan mourned for a lost Paradise and a creation sunk in sin. Where they had seen society as a mystical body, compact of members varying in order and degree, but dignified by participation in the common life of Christendom, he saw a bleak antithesis between the spirit which quickeneth and an alien, indifferent or hostile world. Where they had reverenced the decent order whereby past was knit to present, and man to man, and man to God, through fellowship in works of charity, in festival and fast, in the prayers and ceremonies of the Church, he turned with horror from the filthy rags of human righteousness. Where they, in short, had found comfort in a sacrament, he started back from a snare set to entrap his soul. + 

We receive but what we give, + 

And in our life alone does Nature live. + 

Too often, contemning the external order as unspiritual, he made it, and ultimately himself, less spiritual by reason of his contempt. + 

Those who seek God in isolation from their fellowmen, unless trebly armed for the perils of the quest, are apt to find, not God, but a devil, whose countenance bears an embarrassing resemblance to their own. The moral self-sufficiency of the Puritan nerved his will, but it corroded his sense of social solidarity. For, if each individual’s destiny hangs on a private transaction between himself and his Maker, what room is left for human intervention? A servant of Jehovah more than of Christ, he revered God as a Judge rather than loved him as a Father, and was moved less by compassion for his erring brethren than by impatient indignation at the blindness of vessels of wrath who “sinned their mercies.” A spiritual aristocrat, who sacrificed fraternity to liberty, he drew from his idealization of personal responsibility a theory of individual rights, which, secularized and generalized, was to be among the most potent explosives that the world has known. He drew from it also a scale of ethical values, in which the traditional scheme of Christian virtues was almost exactly reversed, and which, since he was above all things practical, he carried as a dynamic into the routine of business and political life. + 

For, since conduct and action, though availing nothing to attain the free gift of salvation, are a proof that the gift has been accorded, what is rejected as a means is resumed as a consequence, and the Puritan flings himself into practical activities with the daemonic energy of one who, all doubts allayed, is conscious that he is a sealed and chosen vessel. Once engaged in affairs, he brings to them both the qualities and limitations of his creed in all their remorseless logic. Called by God to labor in his vineyard, he has within himself a principle at once of energy and of order, which makes him irresistible both in war and in the struggles of commerce. Convinced that character is all and circumstances nothing, he sees in the poverty of those who fall by the way, not a misfortune to be pitied and relieved, but a moral failing to be condemned, and in riches, not an object of suspicion⁠—though like other gifts they may be abused⁠—but the blessing which rewards the triumph of energy and will. Tempered by self-examination, self-discipline, self-control, he is the practical ascetic, whose victories are won not in the cloister, but on the battlefield, in the countinghouse, and in the market. + 

This temper, of course with infinite varieties of quality and emphasis, found its social organ in those middle and commercial classes who were the citadel of the Puritan spirit, and whom, “ennobled by their own industry and virtue,” Milton described as the standard-bearers of progress and enlightenment. We are so accustomed to think of England as par excellence the pioneer of economic progress, that we are apt to forget how recently that role has been assumed. In the Middle Ages it belonged to the Italians, in the sixteenth century to the Netherland dominions of the Spanish Empire, in the seventeenth to the United Provinces and, above all, to the Dutch. + 

The England of Shakespeare and Bacon was still largely medieval in its economic organization and social outlook, more interested in maintaining customary standards of consumption than in accumulating capital for future production, with an aristocracy contemptuous of the economic virtues, a peasantry farming for subsistence amid the organized confusion of the open-field village, and a small, if growing, body of jealously conservative craftsmen. In such a society Puritanism worked like the yeast which sets the whole mass fermenting. It went through its slack and loosely knit texture like a troop of Cromwell’s Ironsides through the disorderly cavalry of Rupert. Where, as in Ireland, the elements were so alien that assimilation was out of the question, the result was a wound that festered for three centuries. In England the effect was that at once of an irritant and of a tonic. Puritanism had its own standards of social conduct, derived partly from the obvious interests of the commercial classes, partly from its conception of the nature of God and the destiny of man. These standards were in sharp antithesis, both to the considerable surviving elements of feudalism in English society, and to the policy of the authoritarian State, with its ideal of an ordered and graded society, whose different members were to be maintained in their traditional status by the pressure and protection of a paternal monarchy. Sapping the former by its influence and overthrowing the latter by direct attack, Puritanism became a potent force in preparing the way for the commercial civilization which finally triumphed at the Revolution. + 

The complaint that religious radicalism, which aimed at upsetting the government of the Church, went hand in hand with an economic radicalism, which resented the restraints on individual self-interest imposed in the name of religion or of social policy, was being made by the stricter school of religious opinion quite early in the reign of Elizabeth. Seventeenth-century writers repeated the charge that the Puritan conscience lost its delicacy where matters of business were concerned, and some of them were sufficiently struck by the phenomenon to attempt an historical explanation of it. The example on which they usually seized⁠—the symbol of a supposed general disposition to laxity⁠—was the indulgence shown by Puritan divines in the particular matter of moderate interest. It was the effect, so the picturesque story ran, of the Marian persecution. The refugees who fled to the Continent could not start business in a foreign country. If, driven by necessity, they invested their capital and lived on the proceeds, who could quarrel with so venial a lapse in so good a cause? Subsequent writers embellished the picture. The redistribution of property at the time of the Dissolution, and the expansion of trade in the middle of the century, had led, one of them argued, to a great increase in the volume of credit transactions. The opprobrium which attached to loans at interest⁠—“a sly and forbid practice”⁠—not only among Romanists and Anglicans, but among honest Puritans, played into the hands of the less scrupulous members of “the faction.” Disappointed in politics, they took to money-lending, and, without venturing to justify usury in theory, defended it in practice. “Without the scandal of a recantation, they contrived an expedient, by maintaining that, though usury for the name were stark naught, yet for widows, orphans and other impotents (therein principally comprising the saints under persecution) it was very tolerable, because profitable, and in a manner necessary.” Naturally, Calvin’s doctrine as to the legitimacy of moderate interest was hailed by these hypocrites with a shout of glee. “It took with the brethren like polygamy with the Turks, recommended by the example of divers zealous ministers, who themselves desired to pass for orphans of the first rank.” Nor was it only as the apologist of moderate interest that Puritanism was alleged to reveal the cloven hoof. Puritans themselves complained of a mercilessness in driving hard bargains, and of a harshness to the poor, which contrasted unfavorably with the practice of followers of the unreformed religion. “The Papists,” wrote a Puritan in 1653, “may rise up against many of this generation. It is a sad thing that they should be more forward upon a bad principle than a Christian upon a good one.” + 

Such, in all ages, is history as seen by the political pamphleteer. The real story was less dramatic, but more significant. From the very beginning, Calvinism had comprised two elements, which Calvin himself had fused, but which contained the seeds of future discord. It had at once given a wholehearted imprimatur to the life of business enterprise, which most earlier moralists had regarded with suspicion, and had laid upon it the restraining hand of an inquisitorial discipline. At Geneva, where Calvinism was the creed of a small and homogeneous city, the second aspect had predominated; in the many-sided life of England, where there were numerous conflicting interests to balance it, and where it was long politically weak, the first. Then, in the late sixteenth and early seventeenth centuries, had come the wave of commercial and financial expansion⁠—companies, colonies, capitalism in textiles, capitalism in mining, capitalism in finance⁠—on the crest of which the English commercial classes, in Calvin’s day still held in leading-strings by conservative statesmen, had climbed to a position of dignity and affluence. + 

Naturally, as the Puritan movement came to its own, these two elements flew apart. The collectivist, half-communistic aspect, which had never been acclimatized in England, quietly dropped out of notice, to crop up once more, and for the last time, to the disgust and terror of merchant and landowner, in the popular agitation under the Commonwealth. The individualism congenial to the world of business became the distinctive characteristic of a Puritanism which had arrived, and which, in becoming a political force, was at once secularized and committed to a career of compromise. Its note was not the attempt to establish on earth a “Kingdom of Christ,” but an ideal of personal character and conduct, to be realized by the punctual discharge both of public and private duties. Its theory had been discipline; its practical result was liberty. + 

Given the social and political conditions of England, the transformation was inevitable. The incompatibility of Presbyterianism with the stratified arrangement of English society had been remarked by Hooker. If the City Fathers of Geneva had thrown off by the beginning of the seventeenth century the religious collectivism of Calvin’s regime, it was not to be expected that the landowners and bourgeoisie of an aristocratic and increasingly commercial nation, however much Calvinist theology might appeal to them, would view with favor the social doctrines implied in Calvinist discipline. In the reign of the first two Stuarts, both economic interests and political theory pulled them hard in the opposite direction. “Merchants’ doings,” the man of business in Wilson’s Discourse Upon Usury had observed, “must not thus be overthwarted by preachers and others that cannot skill of their dealings.” Behind the elaborate façade of Tudor State control, which has attracted the attention of historians, an individualist movement had been steadily developing, which found expression in opposition to the traditional policy of stereotyping economic relations by checking enclosure, controlling food supplies and prices, interfering with the money-market, and regulating the conditions of the wage contract and of apprenticeship. In the first forty years of the seventeenth century, on grounds both of expediency and of principle, the commercial and propertied classes were becoming increasingly restive under the whole system, at once ambitious and inefficient, of economic paternalism. It was in the same sections of the community that both religious and economic dissatisfaction were most acute. Puritanism, with its idealization of the spiritual energies which found expression in the activities of business and industry, drew the isolated rivulets of discontent together, and swept them forward with the dignity and momentum of a religious and a social philosophy. + 

For it was not merely as the exponent of certain tenets as to theology and church government, but as the champion of interests and opinions embracing every side of the life of society, that the Puritan movement came into collision with the Crown. In reality, as is the case with most heroic ideologies, the social and religious aspects of Puritanism were not disentangled; they presented themselves, both to supporters and opponents, as different facets of a single scheme. “All that crossed the views of the needy courtiers, the proud encroaching priests, the thievish projectors, the lewd nobility and gentry⁠ ⁠… whoever could endure a sermon, modest habit or conversation, or anything good⁠—all these were Puritans.” The clash was not one of theories⁠—a systematic and theoretical individualism did not develop till after the Restoration⁠—but of contradictory economic interests and incompatible conceptions of social expediency. + 

The economic policy haltingly pursued by the Government of Charles I bore some resemblance to the system of which a more uncompromising version was developed between 1661 and 1685 by Colbert in France. It was one which favored an artificial and State-promoted capitalism⁠—a capitalism resting on the grant of privileges and concessions to company promoters who would pay for them, and accompanied by an elaborate system of State control, which again, if partly inspired by a genuine solicitude for the public interest, was too often smeared with an odious trail of finance. It found its characteristic expression in the grant of patents, in the revival of the royal monopoly of exchange business, against which the City had fought under Elizabeth, in attempts to enforce by administrative action compliance with the elaborate and impracticable code controlling the textile trades and to put down speculation in foodstuffs, and in raids on enclosing landlords, on employers who paid in truck or evaded the rates fixed by assessment, and on justices who were negligent in the administration of the Poor Laws. Such measures were combined with occasional plunges into even more grandiose schemes for the establishment of county granaries, for taking certain industries into the hands of the Crown, and even for the virtual nationalization of the cloth manufacture. + 

“The very genius of that nation of people,” wrote Strafford to Laud of the Puritans, “leads them always to oppose, as well civilly as ecclesiastically, all that ever authority ordains for them.” Against this whole attempt to convert economic activity into an instrument of profit for the Government and its hangers-on⁠—against, no less, the spasmodic attempts of the State to protect peasants against landlords, craftsmen against merchants, and consumers against middlemen⁠—the interests which it thwarted and curbed revolted with increasing pertinacity. Questions of taxation, on which attention has usually been concentrated, were in reality merely one element in a quarrel which had its deeper cause in the collision of incompatible social philosophies. The Puritan tradesman had seen his business ruined by a monopoly granted to a needy courtier, and cursed Laud and his Popish soap. The Puritan goldsmith or financier had found his trade as a bullion-broker hampered by the reestablishment of the ancient office of Royal Exchanger, and secured a resolution from the House of Commons, declaring that the patent vesting it in Lord Holland and the proclamation forbidding the exchanging of gold and silver by unauthorized persons were a grievance. The Puritan moneylender had been punished by the Court of High Commission, and railed at the interference of bishops in temporal affairs. The Puritan clothier, who had suffered many things at the hands of interfering busybodies despatched from Whitehall to teach him his business, averted discreet eyes when the Wiltshire workmen threw a more than usually obnoxious Royal Commissioner into the Avon, and, when the Civil War came, rallied to the Parliament. The Puritan country gentleman had been harried by Depopulation Commissions, and took his revenge with the meeting of the Long Parliament. The Puritan merchant had seen the Crown both squeeze money out of his company, and threaten its monopoly by encouraging courtly interlopers to infringe its charter. The Puritan member of Parliament had invested in colonial enterprises, and had ideas as to commercial policy which were not those of the Government. Confident in their own energy and acumen, proud of their success, and regarding with profound distrust the interference both of Church and of State with matters of business and property rights, the commercial classes, in spite of their attachment to a militant mercantilism in matters of trade, were, even before the Civil War, more than half converted to the administrative nihilism which was to be the rule of social policy in the century following it. Their demand was the one which is usual in such circumstances. It was that business affairs should be left to be settled by business men, unhampered by the intrusions of an antiquated morality or by misconceived arguments of public policy. + 

The separation of economic from ethical interests, which was the note of all this movement, was in sharp opposition to religious tradition, and it did not establish itself without a struggle. Even in the very capital of European commerce and finance, an embittered controversy was occasioned by the refusal to admit usurers to communion or to confer degrees upon them; it was only after a storm of pamphleteering, in which the theological faculty of the University of Utrecht performed prodigies of zeal and ingenuity, that the States of Holland and West Friesland closed the agitation by declaring that the Church had no concern with questions of banking. In the French Calvinist Churches, the decline of discipline had caused lamentations a generation earlier. In America, the theocracy of Massachusetts, merciless alike to religious liberty and to economic license, was about to be undermined by the rise of new States like Rhode Island and Pennsylvania, whose tolerant, individualist and utilitarian temper was destined to find its greatest representative in the golden common sense of Benjamin Franklin. “The sin of our too great fondness for trade, to the neglecting of our more valuable interests,” wrote a Scottish divine in 1709, when Glasgow was on the eve of a triumphant outburst of commercial enterprise, “I humbly think will be written upon our judgment.⁠ ⁠… I am sure the Lord is remarkably frowning upon our trade⁠ ⁠… since it was put in the room of religion.” + 

In England, the growing disposition to apply exclusively economic standards to social relations evoked from Puritan writers and divines vigorous protests against usurious interest, extortionate prices and the oppression of tenants by landlords. The faithful, it was urged, had interpreted only too literally the doctrine that the sinner was saved, not by works, but by faith. Usury, “in time of Popery an odious thing,” had become a scandal. Professors, by their covetousness, caused the enemies of the reformed religion to blaspheme. The exactions of the forestaller and regrater were never so monstrous or so immune from interference. The hearts of the rich were never so hard, nor the necessities of the poor so neglected. “The poor able to work are suffered to beg; the impotent, aged and sick are not sufficiently provided for, but almost starved with the allowance of 3d. and 4d. a piece a week.⁠ ⁠… These are the last times indeed. Men generally are all for themselves. And some would set up such, having a form of religion, without the power of it.” + 

These utterances came, however, from that part of the Puritan mind which looked backward. That which looked forward found in the rapidly growing spirit of economic enterprise something not uncongenial to its own temper, and went out to welcome it as an ally. What in Calvin had been a qualified concession to practical exigencies appeared in some of his later followers as a frank idealization of the life of the trader, as the service of God and the training-ground of the soul. Discarding the suspicion of economic motives, which had been as characteristic of the reformers as of medieval theologians, Puritanism in its later phases added a halo of ethical sanctification to the appeal of economic expediency, and offered a moral creed, in which the duties of religion and the calls of business ended their long estrangement in an unanticipated reconciliation. Its spokesmen pointed out, it is true, the peril to the soul involved in a single-minded concentration on economic interests. The enemy, however, was not riches, but the bad habits sometimes associated with them, and its warnings against an excessive preoccupation with the pursuit of gain wore more and more the air of afterthoughts, appended to teaching the main tendency and emphasis of which were little affected by these incidental qualifications. It insisted, in short, that moneymaking, if not free from spiritual dangers, was not a danger and nothing else, but that it could be, and ought to be, carried on for the greater glory of God. + 

The conception to which it appealed to bridge the gulf sprang from the very heart of Puritan theology. It was that expressed in the characteristic and oft-used phrase, “a Calling.” The rational order of the universe is the work of God, and its plan requires that the individual should labor for God’s glory. There is a spiritual calling, and a temporal calling. It is the first duty of the Christian to know and believe in God; it is by faith that he will be saved. But faith is not a mere profession, such as that of Talkative of Prating Row, whose “religion is to make a noise.” The only genuine faith is the faith which produces works. “At the day of Doom men shall be judged according to their fruits. It will not be said then, Did you believe? but, Were you doers, or talkers only?” The second duty of the Christian is to labor in the affairs of practical life, and this second duty is subordinate only to the first. “God,” wrote a Puritan divine, “doth call every man and woman⁠ ⁠… to serve him in some peculiar employment in this world, both for their own and the common good.⁠ ⁠… The Great Governor of the world hath appointed to every man his proper post and province, and let him be never so active out of his sphere, he will be at a great loss, if he do not keep his own vineyard and mind his own business.” + 

From this reiterated insistence on secular obligations as imposed by the divine will, it follows that, not withdrawal from the world, but the conscientious discharge of the duties of business, is among the loftiest of religious and moral virtues. “The begging friars and such monks as live only to themselves and to their formal devotion, but do employ themselves in no one thing to further their own subsistence or the good of mankind⁠ ⁠… yet have the confidence to boast of this their course as a state of perfection; which in very deed, as to the worthiness of it, falls short of the poorest cobbler, for his is a calling of God, and theirs is none.” The idea was not a new one. Luther had advanced it as a weapon against monasticism. But for Luther, with his patriarchal outlook on economic affairs, the calling means normally that state of life in which the individual has been set by Heaven, and against which it is impiety to rebel. On the lips of Puritan divines, it is not an invitation to resignation, but the bugle-call which summons the elect to the long battle which will end only with their death. “The world is all before them.” They are to hammer out their salvation, not merely in vocatione, but per vocationem. The calling is not a condition in which the individual is born, but a strenuous and exacting enterprise, to be undertaken, indeed, under the guidance of Providence, but to be chosen by each man for himself, with a deep sense of his solemn responsibilities. “God hath given to man reason for this use, that he should first consider, then choose, then put in execution; and it is a preposterous and brutish thing to fix or fall upon any weighty business, such as a calling or condition of life, without a careful pondering it in the balance of sound reason.” + 

Laborare est orare. By the Puritan moralist the ancient maxim is repeated with a new and intenser significance. The labor which he idealizes is not simply a requirement imposed by nature, or a punishment for the sin of Adam. It is itself a kind of ascetic discipline, more rigorous than that demanded of any order of mendicants⁠—a discipline imposed by the will of God, and to be undergone, not in solitude, but in the punctual discharge of secular duties. It is not merely an economic means, to be laid aside when physical needs have been satisfied. It is a spiritual end, for in it alone can the soul find health, and it must be continued as an ethical duty long after it has ceased to be a material necessity. Work thus conceived stands at the very opposite pole from “good works,” as they were understood, or misunderstood, by Protestants. They, it was thought, had been a series of single transactions, performed as compensation for particular sins, or out of anxiety to acquire merit. What is required of the Puritan is not individual meritorious acts, but a holy life⁠—a system in which every element is grouped round a central idea, the service of God, from which all disturbing irrelevances have been pruned, and to which all minor interests are subordinated. + 

His conception of that life was expressed in the words, “Be wholly taken up in diligent business of your lawful callings, when you are not exercised in the more immediate service of God.” In order to deepen his spiritual life, the Christian must be prepared to narrow it. He “is blind in no man’s cause, but best sighted in his own. He confines himself to the circle of his own affairs and thrusts not his fingers in needless fires.⁠ ⁠… He sees the falseness of it [the world] and therefore learns to trust himself ever, others so far as not to be damaged by their disappointment.” There must be no idle leisure: “those that are prodigal of their time despise their own souls.” Religion must be active, not merely contemplative. Contemplation is, indeed, a kind of self-indulgence. “To neglect this [i.e., bodily employment and mental labor] and say, ‘I will pray and meditate,’ is as if your servant should refuse your greatest work, and tye himself to some lesser, easie part.⁠ ⁠… God hath commanded you some way or other to labour for your daily bread.” The rich are no more excused from work than the poor, though they may rightly use their riches to select some occupation specially serviceable to others. Covetousness is a danger to the soul, but it is not so grave a danger as sloth. “The standing pool is prone to putrefaction: and it were better to beat down the body and to keep it in subjection by a laborious calling, than through luxury to become a castaway.” So far from poverty being meritorious, it is a duty to choose the more profitable occupation. “If God show you a way in which you may lawfully get more than in another way (without wrong to your soul or to any other), if you refuse this, and choose the less gainful way, you cross one of the ends of your Calling, and you refuse to be God’s steward.” Luxury, unrestrained pleasure, personal extravagance, can have no place in a Christian’s conduct, for “every penny which is laid out⁠ ⁠… must be done as by God’s own appointment.” Even excessive devotion to friends and relations is to be avoided. “It is an irrational act, and therefore not fit for a rational creature, to love anyone farther than reason will allow us.⁠ ⁠… It very often taketh up men’s minds so as to hinder their love to God.” The Christian life, in short, must be systematic and organized, the work of an iron will and a cool intelligence. Those who have read Mill’s account of his father must have been struck by the extent to which Utilitarianism was not merely a political doctrine, but a moral attitude. Some of the links in the Utilitarian coat of mail were forged, it may be suggested, by the Puritan divines of the seventeenth century. + 

The practical application of these generalities to business is set out in the numerous works composed to expound the rules of Christian conduct in the varied relations of life. If one may judge by their titles⁠—Navigation Spiritualized, Husbandry Spiritualized, The Religious Weaver⁠—there must have been a considerable demand for books conducive to professional edification. A characteristic specimen is The Tradesman’s Calling, by Richard Steele. The author, after being deprived of a country living under the Act of Uniformity, spent his declining years as minister of a congregation at Armourers Hall in London, and may be presumed to have understood the spiritual requirements of the City in his day, when the heroic age of Puritanism was almost over and enthusiasm was no longer a virtue. No one who was writing a treatise on economic ethics today would address himself primarily to the independent shopkeeper, as the figure most representative of the business community, and Steele’s book throws a flood of light on the problems and outlook of the bourgeoisie, in an age before the center of economic gravity had shifted from the substantial tradesman to the exporting merchant, the industrial capitalist and the financier. + 

Like Baxter, he is acquainted with the teaching of earlier authorities as to equity in bargaining. He is doubtful, however, of its practical utility. Obvious frauds in matters of quality and weight are to be avoided; an honest tradesman ought not to corner the market, or “accumulate two or three callings merely to increase his riches,” or oppress the poor; nor should he seek more than “a reasonable proportion of gain,” or “lie on the catch to make [his] markets of others’ straits.” But Steele rejects as useless in practice the various objective standards of a reasonable profit⁠—cost of production, standard of life, customary prices⁠—which had been suggested in earlier ages, and concludes that the individual must judge for himself. “Here, as in many other cases, an upright conscience must be the clerk of the market.” + 

In reality, however, the characteristic of The Tradesman’s Calling, as of the age in which it was written, is not the relics of medieval doctrine which linger embalmed in its guileless pages, but the robust common sense, which carries the author lightly over traditional scruples on a tide of genial, if Philistine, optimism. For his main thesis is a comfortable one⁠—that there is no necessary conflict between religion and business. “Prudence and Piety were always very good friends.⁠ ⁠… You may gain enough of both worlds if you would mind each in its place.” His object is to show how that agreeable result may be produced by dedicating business⁠—with due reservations⁠—to the service of God, and he has naturally little to say on the moral casuistry of economic conduct, because he is permeated by the idea that trade itself is a kind of religion. A tradesman’s first duty is to get a full insight into his calling, and to use his brains to improve it. “He that hath lent you talents hath also said, ‘Occupy till I come!’ Your strength is a talent, your parts are talents, and so is your time. How is it that ye stand all the day idle?⁠ ⁠… Your trade is your proper province.⁠ ⁠… Your own vineyard you should keep.⁠ ⁠… Your fancies, your understandings, your memories⁠ ⁠… are all to be laid out therein.” So far from their being an inevitable collision between the requirements of business and the claims of religion, they walk hand in hand. By a fortunate dispensation, the virtues enjoined on Christians⁠—diligence, moderation, sobriety, thrift⁠—are the very qualities most conducive to commercial success. The foundation of all is prudence; and prudence is merely another name for the “godly wisdom [which] comes in and puts due bounds” to his expenses, “and teaches the tradesman to live rather somewhat below than at all above his income.” Industry comes next, and industry is at once expedient and meritorious. It will keep the tradesman from “frequent and needless frequenting of taverns,” and pin him to his shop, “where you may most confidently expect the presence and blessing of God.” + 

If virtue is advantageous, vice is ruinous. Bad company, speculation, gambling, politics, and “a preposterous zeal” in religion⁠—it is these things which are the ruin of tradesmen. Not, indeed, that religion is to be neglected. On the contrary, it “is to be exercised in the frequent use of holy ejaculations.” What is deprecated is merely the unbusinesslike habit of “neglecting a man’s necessary affairs upon pretence of religious worship.” But these faults, common and uncommon alike, are precisely those to be avoided by the sincere Christian, who must not, indeed, deceive or oppress his neighbor, but need not fly to the other extreme, be righteous overmuch, or refuse to “take the advantage which the Providence of God puts into his hands.” By a kind of happy, preestablished harmony, such as a later age discovered between the needs of society and the self-interest of the individual, success in business is in itself almost a sign of spiritual grace, for it is a proof that a man has labored faithfully in his vocation, and that “God has blessed his trade.” “Nothing will pass in any man’s account except it be done in the way of his calling.⁠ ⁠… Next to the saving his soul, [the tradesman’s] care and business is to serve God in his calling, and to drive it as far as it will go.” + 

When duty was so profitable, might not profit-making be a duty? Thus argued the honest pupils of Mr. Gripeman, the schoolmaster of Love-gain, a market-town in the county of Coveting in the north. The inference was illogical, but how attractive! When the Rev. David Jones was so indiscreet as to preach at St. Mary Woolnoth in Lombard Street a sermon against usury on the text, “The Pharisees who were covetous heard all these things and they derided Christ,” his career in London was brought to an abrupt conclusion. + 

The springs of economic conduct lie in regions rarely penetrated by moralists, and to suggest a direct reaction of theory on practice would be paradoxical. But, if the circumstances which determine that certain kinds of conduct shall be profitable are economic, those which decide that they shall be the object of general approval are primarily moral and intellectual. For conventions to be adopted with wholehearted enthusiasm, to be not merely tolerated, but applauded, to become the habit of a nation and the admiration of its philosophers, the second condition must be present as well as the first. The insistence among men of pecuniary motives, the strength of economic egotism, the appetite for gain⁠—these are the commonplaces of every age and need no emphasis. What is significant is the change of standards which converted a natural frailty into a resounding virtue. After all, it appears, a man can serve two masters, for⁠—so happily is the world disposed⁠—he may be paid by one, while he works for the other. Between the old-fashioned denunciation of uncharitable covetousness and the new-fashioned applause of economic enterprise, a bridge is thrown by the argument which urges that enterprise itself is the discharge of a duty imposed by God. + 

In the year 1690 appeared a pamphlet entitled A Discourse of Trade, by N. B., M.D. Notable for its enlightened discussion of conventional theories of the balance of trade, it is a good specimen of an indifferent genus. But its authorship was more significant than its argument. For N. B. was Dr. Nicholas Barbon; and Dr. Nicholas Barbon, currency expert, pioneer of insurance, and enthusiast for land-banks, was the son of that Praise-God Barebones, by the parody of whose alluring surname a cynical posterity recorded its verdict on the brief comedy of the Rule of the Saints over Laodicean Englishmen. The reaction from Puritan rigor to Restoration license is the most familiar of platitudes. The reaction to a mundane materialism was more gradual, more general, and ultimately of greater significance. The profligacy of the courtier had its decorous counterpart in the economic orgies of the tradesman and the merchant. Votaries, not of Bacchus, but of a more exacting and more profitable divinity, they celebrated their relief at the discredit of a too arduous idealism, by plunging with redoubled zest into the agreeable fever of making and losing money. + 

The transition from the anabaptist to the company promoter was less abrupt than might at first sight be supposed. It had been prepared, however unintentionally, by Puritan moralists. In their emphasis on the moral duty of untiring activity, on work as an end in itself, on the evils of luxury and extravagance, on foresight and thrift, on moderation and self-discipline and rational calculation, they had created an ideal of Christian conduct, which canonized as an ethical principle the efficiency which economic theorists were preaching as a specific for social disorders. It was as captivating as it was novel. To countless generations of religious thinkers, the fundamental maxim of Christian social ethics had seemed to be expressed in the words of St. Paul to Timothy: “Having food and raiment, let us be therewith content. For the love of money is the root of all evil.” Now, while, as always, the world battered at the gate, a new standard was raised within the citadel by its own defenders. The garrison had discovered that the invading host of economic appetites was, not an enemy, but an ally. Not sufficiency to the needs of daily life, but limitless increase and expansion, became the goal of the Christian’s efforts. Not consumption, on which the eyes of earlier sages had been turned, but production, became the pivot of his argument. Not an easygoing and openhanded charity, but a systematic and methodical accumulation, won the meed of praise that belongs to the good and faithful servant. The shrewd, calculating commercialism which tries all human relations by pecuniary standards, the acquisitiveness which cannot rest while there are competitors to be conquered or profits to be won, the love of social power and hunger for economic gain⁠—these irrepressible appetites had evoked from time immemorial the warnings and denunciations of saints and sages. Plunged in the cleansing waters of later Puritanism, the qualities which less enlightened ages had denounced as social vices emerged as economic virtues. They emerged as moral virtues as well. For the world exists not to be enjoyed, but to be conquered. Only its conqueror deserves the name of Christian. For such a philosophy, the question, “What shall it profit a man?” carries no sting. In winning the world, he wins the salvation of his own soul as well. + 

The idea of economic progress as an end to be consciously sought, while ever receding, had been unfamiliar to most earlier generations of Englishmen, in which the theme of moralists had been the danger of unbridled cupidity, and the main aim of public policy had been the stability of traditional relationships. It found a new sanction in the identification of labor and enterprise with the service of God. The magnificent energy which changed in a century the face of material civilization was to draw nourishment from that temper. The worship of production and ever greater production⁠—the slavish drudgery of the millionaire and his unhappy servants⁠—was to be hallowed by the precepts of the same compelling creed. + 

Social development moves with a logic whose inferences are long delayed, and the day of these remoter applications had not yet dawned. The version of Christian ethics expounded by Puritanism in some of its later phases was still only in its vigorous youth. But it sailed forward on a flowing tide. It had an unconscious ally in the preoccupation with economic interests which found expression in the enthusiasm of business politicians for a commercial Machtpolitik. The youthful Commonwealth, a rival of Holland “for the fairest mistress in the world⁠—trade,” was not two years old when it made its own essay in economic imperialism. “A barefaced war” for commerce, got up by the Royal African Company, was Clarendon’s verdict on the Dutch war of 1665⁠–⁠7. Five years later, Shaftesbury hounded the City against Holland with the cry of Delenda est Carthago. The war finance of the Protectorate had made it necessary for Cromwell to court Dutch and Jewish, as well as native, capitalists, and the impecunious Government of the Restoration was in the hands of those syndicates of goldsmiths whose rapacity the Chancellor, a survivor from the age before the deluge, when aristocrats still despised the upstart plutocracy, found not a little disgusting. + 

The contemporary progress of economic thought fortified no less the mood which glorified the economic virtues. Economic science developed in England, not, as in Germany, as the handmaid of public administration, nor, as in France, through the speculations of philosophers and men of letters, but as the interpreter of the practical interests of the City. With the exception of Petty and Locke, its most eminent practitioners were business men, and the questions which excited them were those, neither of production nor of social organization, but of commerce and finance⁠—the balance of trade, tariffs, interest, currency and credit. The rise of Political Arithmetic after the Restoration, profoundly influenced, as it was, by the Cartesian philosophy and by the progress of natural science, stamped their spontaneous and doctrineless individualism with the seal of theoretical orthodoxy. “Knowledge,” wrote the author of the preface to a work by one of the most eminent exponents of the new science, “in great measure is become mechanical.” The exact analysis of natural conditions, the calculations of forces and strains, the reduction of the complex to the operation of simple, constant and measurable forces, was the natural bias of an age interested primarily in mathematics and physics. Its object was “to express itself in terms of number, weight or measure, to use only arguments of sense, and to consider only such causes as have visible foundations in nature; leaving those that depend upon the mutable minds, opinions, appetites and passions of particular men to the consideration of others.” + 

In such an atmosphere, the moral casuistry, which had occupied so large a place in the earlier treatment of social and economic subjects, seemed the voice of an antiquated superstition. Moreover, the main economic dogma of the mercantilist had an affinity with the main ethical dogma of the Puritan, which was the more striking because the coincidence was undesigned. To the former, production, not consumption, was the pivot of the economic system, and, by what seems to the modern reader a curious perversion, consumption is applauded only because it offers a new market for productive energies. To the latter, the cardinal virtues are precisely those which find in the strenuous toils of industry and commerce their most natural expression. The typical qualities of the successful business life, in the days before the rise of joint-stock enterprise, were intensity and earnestness of labor, concentration, system and method, the initiative which broke with routine and the foresight which postponed the present to the future. Advice like that of the Reverend Mr. Steele to his City congregation was admirably calculated to give these arduous excellences a heightened status and justification. The lean goddess, Abstinence, whom Mr. Keynes, in a passage of brilliant indiscretion, has revealed as the tutelary divinity of Victorian England, was inducted to the austere splendors of her ascetic shrine by the pious hands of Puritan moralists. + 

Such teaching fell upon willing ears. Excluded by legislation from a direct participation in public affairs, Dissenters of means and social position threw themselves into the alternative career offered by commerce and finance, and did so the more readily because religion itself had blessed their choice. If they conformed, the character given them by their critics⁠—“opinionating, relying much upon their own judgment⁠ ⁠… ungrateful, as not holding themselves beholden to any man⁠ ⁠… proud, as thinking themselves the only favorites of God, and the only wise or virtuous among men”⁠—disposed them to the left in questions of Church and State. The names of the commercial magnates of the day lend some confirmation to the suggestion of that affinity between religious radicalism and business acumen which envious contemporaries expressed in their sneers at the “Presbyterian old usurer,” “devout misers,” and “extorting Ishban.” The four London members elected in 1661 had not only filled the ordinary civic offices, but had held between them the governorship of the East India Company, the deputy-governorship of the Levant Company, and the masterships of the Salters and Drapers Companies; two of them were said to be Presbyterians, and two Independents. Of the committee of leading business men who advised Charles II’s Government on questions of commercial policy, some, like Sir Patience Ward and Michael Godfrey, represented the ultra-Protestantism of the City, while others, like Thomas Papillon and the two Houblons, were members of the French Huguenot church in London. In spite of the bitter commercial rivalry with Holland, both Dutch capital and Dutch ideas found an enthusiastic welcome in London. Sir George Downing, Charles II’s envoy at the Hague, who endeavored to acclimatize Dutch banking methods in England, and who, according to Clarendon, was one of the intriguers who prepared the war of 1665⁠–⁠7, had been reared in the Puritan severity of Salem and Harvard, and had been a preacher in the regiment of Colonel Okey. Paterson, who supplied the idea of a joint-stock banking corporation, which Michael Godfrey popularized in the City and Montagu piloted through Parliament, was, like the magnificent Law, a Scotch company promoter, who had haunted the Hague in the days when it was the home of disconsolate Whigs. Yarranton, most ingenious of projectors, had been an officer in the Parliamentary army, and his book was a long sermon on the virtues of the Dutch. Defoe, who wrote the idyll of the bourgeoisie in his Complete English Tradesman, was born of nonconformist parents, and was intended for the ministry before, having failed in trade, he took up politics and literature. In his admirable study of the iron industry, Mr. Ashton has shown that the most eminent iron-masters of the eighteenth century belonged as a rule to the Puritan connection. They had their prototype in the seventeenth century in Baxter’s friend, Thomas Foley, “who from almost nothing did get about £5,000 per annum or more by iron works.” + 

To such a generation, a creed which transformed the acquisition of wealth from a drudgery or a temptation into a moral duty was the milk of lions. It was not that religion was expelled from practical life, but that religion itself gave it a foundation of granite. In that keen atmosphere of economic enterprise, the ethics of the Puritan bore some resemblance to those associated later with the name of Smiles. The good Christian was not wholly dissimilar from the economic man. + 