ONE:
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ONE:
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ONE:Chapter 23
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ONE: Above all, he exclaims, we must not fail to notice what effect this doctrine has on the minds of those whom they have persuaded to despise the world and all that it contains. Of the two chief methods for attaining the supreme good, one has sensual pleasure for its end, the other virtue, the effort after which begins and ends with God. Epicurus, by his denial of providence, leaves us no choice but to pursue the former. But this doctrine [Gnosticism], involving as it does a still more insolent denial of divine order and human law, laughs to scorn what has always been the accepted ideal of conduct, and, in its rage against beauty, abolishes temperance and justicethe justice that is associated with natural feeling and perpetuated by discipline and reasonalong with every other ennobling virtue. So, in the absence of true morality, they are given over to pleasure and utility and selfish isolation from other menunless, indeed, their nature is better than their principles. They have an ideal that nothing here below can satisfy, and so they put off the effort for its attainment to a future life, whereas they should begin at once, and prove that they are of divine race by fulfilling the duties of their present state. For virtue is the condition of every higher aspiration, and only to those who disdain sensual enjoyment is it given to understand the divine. How far our opponents are from realising this is proved by their349 total neglect of ethical science. They neither know what virtue is, nor how many virtues there are, nor what ancient philosophy has to teach us on the subject, nor what are the methods of moral training, nor how the soul is to be tended and cleansed. They tell us to look to God; but merely saying this is useless unless they can tell us what the manner of the looking is to be. For it might be asked, what is to prevent us from looking to God, while at the same time freely indulging our sensual appetites and angry passions. Virtue perfected, enlightened, and rooted in the soul, will reveal God to us, but without it he will remain an empty name.521"Hullo there!"
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ONE:The South Sea Company, with a folly of which extreme greed only is capable, endeavoured to put down these rival schemes and obtained an order from the Lords Justices and writs of scire facias against several of these new bubbles. It was like raising a wind to blow away the bubbles, forgetting that their own was a bubble too, and would go with them. The moment that the people began to distrust one they distrusted all. The panic became as great as the mania had been. The South Sea stock dropped in less than a month from one thousand to below six hundred. There was a simultaneous rush to sell out, and the shares must have sunk instantly to nil but for the gigantic exertions of the Company to raise money and buy in. The relief, however, was but temporary. The bankers and pawnbrokers who had advanced money on scrip broke and fled; merchants, goldsmiths, and speculators rushed away after them. Walpole was summoned in haste from Haughton to devise some means of staying the panic. He endeavoured to get the Bank of England to circulate three millions of South Sea bonds for a year; but the Bank, seeing that the case was desperate, declined it. This was decisive. The rage and despair of the swarming dupes were indescribable. They heaped[48] execrations not only on the South Sea Company, but on Ministers, the king, his mistresses, and the Royal Family, who had all been deep in the affair, and who had taken good care of themselves. George landed at Margate on the 9th of November, soon after which the South Sea stock fell to one hundred and thirty-five. On the 8th of December Parliament met, and promptly began to investigate the scandal.
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