P. J. PROUDHON,

From What Is Property? by Pierre-Joseph Proudhon.

Pensioner of the Academy of Besancon.

P.S. During the session of April 2, the Chamber of Deputies rejected, by a very large majority, the literary-property bill, BECAUSE IT DID NOT UNDERSTAND IT. Nevertheless, literary property is only a special form of the right of property, which everybody claims to understand. Let us hope that this legislative precedent will not be fruitless for the cause of equality. The consequence of the vote of the Chamber is the abolition of capitalistic property,--property incomprehensible, contradictory, impossible, and absurd.

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