July 14

He was much interested in your ideas over the solution of the economic problem in the West -- a question that must have meant a good deal of thought to many enlightened people -- and he is delighted to see in your thoughts much that runs along the same general lines as the principles laid out by the Movement. Of course conditions in the East differ; where the countries are rarely industrial and mostly agricultural, we should have to apply different laws from the West, and that is why the principles of the Movement strike at the root which is common to them both. 'Abdu'l-Bahá has developed in various of His talks, which you will find in different compilations, the principles upon which the Bahá'í economic system would be based. A system that prevents, among others, the gradual control of wealth in the hands of a few and the resulting state of both extremes, wealth and poverty. (From a letter dated 28 October 1927 written on behalf of Shoghi Effendi to an individual believer; The Compilation of Compilations, vol. III, Economics, Agriculture, and Related Subjects)