Baron Arthur Ponsonby Ponsonby

The Camel and the Needle's Eye Baron Arthur Ponsonby Ponsonby

"On all sides it is admitted that there is a problem of Poverty, but it has never yet been suggested that just in the same way there is a problem of Riches. Not the problem of how to become rich and how to invest money and make more money, that is the very obsession which ought to be dispelled, but the important question of how the rich spend their money, how they live, to what objects they devote their riches, and whether the vast accumulations are being disposed of to the greatest advantage. The connection between riches and poverty is capable of proof, that is to say, the maladministration of wealth by individuals can be shown to be closely linked to the disorganisation of labour which creates such evils as sweating and unemployment. But before further advance can140 be made towards any possible solution there must be a dissection and analysis of the lives of the rich as well as of the poor, so that some knowledge may be acquired of both sides of the medal which will demonstrate their interdependence."