§ 1.

Could we accurately analyze the stimulus by which men are usually impelled to action—could we determine the proportions of the several motives which go to make up that stimulus, we should probably find that amongst those classes removed from the absolute pressure of bodily wants, its chief component is a desire for the good opinion, regard, or admiration of others. Whether we observe this feeling as shown by the tattooed savage in his willingness to undergo torture that he may obtain a character for fortitude, and to risk any amount of danger that he may be called brave; or whether, turning to civilized life, we contemplate that ambition so universally exhibited by poets, orators, statesmen, artists, soldiers, and others known to fame; or whether, by taking off its disguises, we discover the true nature of that insane eagerness with which people pursue wealth; we are alike instructed in the fact that, after those instincts immediately connected with the preservation of life, love of approbation exercises the greatest influence over human conduct.

Reputation therefore, as a thing which men strive so incessantly to acquire and preserve, may be regarded as property. Earned like other property by labour, care, and perseverance—similarly surrounding its owner with facilities for securing his ends, and affording him as it does a constant supply of food for divers of his desires; the esteem of others is a possession, having many analogies with possessions of a more palpable nature. An estate in the general good-will, appears to many of more worth than one in land. By some great action to have Edition: current; Page: [144] bought golden opinions, may be a richer source of gratification than to have obtained bank stock or railway shares. There are those to whom a crown of bay leaves would be a greater treasure than a fat legacy. Titles had once a definite pounds, shillings and pence price; and if they are now becoming depreciated in value when compared with the honours spontaneously awarded by the public voice, it is that they do not represent so large an amount of genuine approbation. Men therefore who cultivate character, and live on the harvests of praise they reap—men who have invested their labour in noble deeds, and receive by way of interest the best wishes and cordial greetings of society, may be considered as having claims to these rewards of good conduct, resembling the claims of others to the rewards of their industry. Of course this is true not only of such as are distinguished by unusual worth; it is true of all. To the degree in which each has shown probity, kindness, truth or other virtue, and has gained amongst his fellows a reputation for it, we must hold him entitled to the character he has thus fairly won, as to a species of property; a species of property too, which, without quoting the hackneyed saying of Iago, may be described as of greater value than property of any other kind.

Those who hesitate to admit that a good name is property, should remember that it has really a money value. To be accounted honest is to be preferred as one with whom commercial dealings may be most safely carried on. Whose is said to be particularly industrious, is likely, other things being equal, to get better pay than his competitors. The celebrity attending great intellectual capacity, introduces those possessing it to responsible and remunerative situations. It is quite allowable therefore, to classify reputation under this head, seeing that, like capital, it may bring its owner an actual revenue in hard cash.