According to the European theory, men are divided into classes-some to toil and earn, others to seize and enjoy. According to the Massachusetts theory, all are to have an equal chance for earning. Vast and overshadowing private fortunes are among the greatest dangers to which the happiness of the people in a republic can be subjected. The main idea set forth in the creeds of some political reformers, or revolutionizers, is, that some people are poor because others are rich. This idea supposes a fixed amount of property in the community, which, by fraud or force, or arbitrary law, is unequally divided among men. But education creates or develops new treasures, treasures not before possessed or dreamed of by anyone.
The passage implies that poor people will improve their lives through: