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on； which determined； very decisively； not the ideas； which belonged exclusively to the bisontin thinker； but the form of the important work on which he labored after 1843； and which was published in 1846 by Guillaumin。
Hegel's great idea； which Proudhon appropriated； and which he demonstrates with wonderful ability in the 〃System of Economical Contradictions；〃 is as follows： Antinomy； that is； the existence of two laws or tendencies which are opposed to each other； is possible； not only with two different things； but with one and the same thing。 Considered in their thesis； that is； in the law or tendency which created them； all the economical categories are rational；competition； monopoly； the balance of trade； and property； as well as the division of labor； machinery； taxation； and credit。 But； like communism and population； all these categories are antinomical； all are opposed； not only to each other； but to themselves。 All is opposition； and disorder is born of this system of opposition。 Hence； the sub…title of the work；〃Philosophy of Misery。〃 No category can be suppressed； the opposition； antinomy； or contre…tendance； which exists in each of them； cannot be suppressed。
Where； then； lies the solution of the social problem？ Influenced by the Hegelian ideas； Proudhon began to look for it in a superior synthesis； which should reconcile the thesis and antithesis。 Afterwards； while at work upon his book on 〃Justice；〃 he saw that the antinomical terms do not cancel each other； any more than the opposite poles of an electric pile destroy each other； that they are the procreative cause of motion； life； and progress； that the problem is to discover； not their fusion； which would be death； but their equilibrium；an equilibrium for ever unstable； varying with the development of society。
On the cover of the 〃System of Economical Contradictions；〃 Proudhon announced； as soon to appear； his 〃Solution of the Social Problem。〃 This work； upon which he was engaged when the Revolution of 1848 broke out； had to be cut up into pamphlets and newspaper articles。 The two pamphlets； which he published in March； 1848； before he became editor of 〃Le Representant du Peuple；〃 bear the same title；〃Solution of the Social Problem。〃 The first； which is mainly a criticism of the early acts of the provisional government； is notable from the fact that in it Proudhon； in advance of all others； energetically opposed the establishment of national workshops。 The second； 〃Organization of Credit and Circulation；〃 sums up in a few pages his idea of economical progress： a gradual reduction of interest； profit； rent； taxes； and wages。 All progress hitherto has been made in this manner； in this manner it must continue to be made。 Those workingmen who favor a nominal increase of wages are； unconsciously。 following a back…track； opposed to all their interests。
After having published in 〃Le Representant du Peuple；〃 the statutes of the Bank of Exchange；a bank which was to make no profits； since it was to have no stockholders； and which； consequently； was to discount commercial paper with out interest； charging only a commission sufficient to defray its running expenses；Proudhon endeavored； in a number of articles； to explain its mechanism and necessity。 These articles have been collected in one volume； under the double title； 〃Resume of the Social Question； Bank of Exchange。〃 His other articles； those which up to December； 1848； were inspired by the progress of events； have been collected in another volume；〃Revolutionary Ideas。〃
Almost unknown in March； 1848； and struck off in April from the list of candidates for the Constituent Assembly by the delegation of workingmen which sat at the Luxembourg； Proudhon had but a very small number of votes at the general elections of April。 At the complementary elections； which were held in the early days of June； he was elected in Paris by seventy…seven thousand votes。
After the fatal days of June； he published an article on le terme； which caused the first suspension of 〃Le Representant du Peuple。〃 It was at that time that he introduced a bill into the Assembly； which； being referred to the Committee on the Finances； drew forth； first； the report of M。 Thiers； and then the speech which Proudhon delivered； on the 31st of July； in reply to this report。 〃Le Representant du Peuple；〃 reappearing a few days later； he wrote； a propos of the law requiring journals to give bonds； his famous article on 〃The Malthusians〃 （August 10； 1848）。
Ten days afterwards； 〃Le Representant du Peuple；〃 again suspended； definitively ceased to appear。 〃Le Peuple；〃 of which he was the editor…in…chief； and the first number of which was issued in the early part of September； appeared weekly at first； for want of sufficient bonds； it afterwards appeared daily； with a double number once a week。 Before 〃Le Peuple〃 had obtained its first bond； Proudhon published a remarkable pamphlet on the 〃Right to Labor；〃a right which he denied in the form in which it was then affirmed。 It was during the same period that he proposed； at the Poissonniere banquet； his Toast to the Revolution。
Proudhon； who had been asked to preside at the banquet； refused； and proposed in his stead； first； Ledru…Rollin； and then； in view of the reluctance of the organizers of the banquet； the illustrious president of the party of the Mountain； Lamennais。 It was evidently his intention to induce the representatives of the Extreme Left to proclaim at last with him the Democratic and Social Republic。 Lamennais being accepted by the organizers； the Mountain promised to be present at the banquet。 The night before； all seemed right； when General Cavaignac replaced Minister Senart by Minister Dufaure…Vivien。 The Mountain； questioning the government； proposed a vote of confidence in the old minister； and； tacitly； of want of confidence in the new。 Proudhon abstained from voting on this proposition。 The Mountain declared that it would not attend the banquet； if Proudhon was to be present。 Five Montagnards； Mathieu of Drome at their head； went to the temporary office of 〃Le Peuple〃 to notify him of this。 〃Citizen Proudhon；〃 said they to the organizers in his presence； 〃in abstaining from voting to…day on the proposition of the Mountain； has betrayed the Republican cause。〃 Proudhon； vehemently questioned； began his defence by recalling； on the one hand； the treatment which he had received from the dismissed minister； and； on the other； the impartial conduct displayed towards him in 1840 by M。 Vivien； the new minister。 He then attacked the Mountain by telling its delegates that it sought only a pretext； and that really； in spite of its professions of Socialism in private conversation； whether with him or with the organizers of the banquet； it had not the courage to publicly declare itself Socialist。
On the following day； in his Toast to the Revolution； a toast which was filled with allusions to the exciting scene of the night before； Proudhon commenced his struggle against the Mountain。 His duel with Felix Pyat was one of the episodes of this struggle； which became less bitter on Proudhon's side after the Mountain finally decided to publicly proclaim the De