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At twenty-seven his London brokerage business was netting him an income of twelve hundred pounds a year. It seems at this time that Fort and Sons had a mill at Sabden, which on account of mismanagement on the part of superintendants had fallen into decay. The company was thinking of abandoning the property, and the matter was under actual discussion when in walked Cobden.

“Sell it to Cobden,” said one of the directors, smiling.

“For how much?” asked Cobden.

“A hundred thousand pounds,” was the answer.

“I’ll take it,” said Cobden, “on twenty years’ time with the privelege of paying for it sooner if I can.” Cobden had three valuable assets in his composition–health, enthusiasm and right intent. Let a banker once feel that the man knows what he is doing, and is honest, and money is always forthcoming.

And so Cobden took possession of the mill at Sabden. Six hundred workers were employed, and there was not a school nor a church in the village. The workers worked when they wanted, and when they did not they quit. Every pay-day they tramped off to neighboring towns, and did not come back until they had spent their last penny. In an endeavor to discipline them, the former manager had gotten their ill- will, and they had mobbed the mill and broken every window. Cobden’s task was not commercial: it was a problem in diplomacy and education. To tell of how he introduced schools, stopped child labor, planted flowerbeds and vegetable-gardens, built houses and model tenements, and disciplined the workers without their knowing it, would require a book. Let the simple fact stand that he made the mill pay by manufacturing a better grade of goods than had been made, and he also raised the social status of the people. In three years his income had increased to ten thousand pounds a year.

“At thirty,” says John Morley, “Cobden passed at a single step from the natural egotism of youth to the broad and generous public spirit of a great citizen.” Very early in his manhood Cobden discovered that he who would do an extraordinary work must throw details on others, and scheme for leisure. Cobden never did anything he could hire any one else to do. He saved himself to do work that to others was impossible. That is to say, he picked his men, and he chose men of his own type–healthy, restless, eager, enthusiastic, honest men. The criticism of Disraeli that “Cobden succeeded in business simply because he got other people to do his work,” is sternly true. It proves the greatness of Cobden.

* * * * *

And so we find Richard Cobden, the man who had never had any chance in life, thirty years old, with an income equal to thirty-five thousand dollars a year, and at the head of a constantly growing business. He had acquired the study habit ten years before, so really we need shed no tears on account of his lack of college training. He knew political history–knew humanity–and he knew his Adam Smith. And lo! cosmic consciousness came to him in a day. His personal business took second place, and world problems filled his waking dreams.

These second births in men can usually be traced to a book, a death, a person, a catastrophe–a woman. If there was any great love in the life of Cobden I would make no effort to conceal it–goodness me!

But the sublime passion was never his, otherwise there would have been more art and less economics in his nature. Yet for women he always had a high and chivalrous regard, and his strong sense of justice caused him to speak out plainly on the subject of equal rights at a time when to do so was to invite laughter.

And so let x–Miss X–symbol the cause of Richard Cobden’s rebirth. He placed his business in charge of picked men, and began his world career by going across to Paris and spending three months in studying the language and the political situation. He then moved on to Belgium and Holland, passed down through Germany to Switzerland, across to Italy, up to Russia, back to Rome, and finally took ship at Naples for England by way of Gibraltar. On arriving at Sabden he found that, while the business was going fairly well, it had failed to keep the pace that his personality had set. When the man is away the mice will play–a little. Things drop down. Eternal vigilance is not only the price of liberty, but of everything else, and success in business most of all.