From The Collaborative International Dictionary of English v.0.48:

Welfare \Wel"fare`\, n. [Well + fare to go, to proceed, to
   Well-doing or well-being in any respect; the enjoyment of
   health and the common blessings of life; exemption from any
   evil or calamity; prosperity; happiness.
   [1913 Webster]

         How to study for the people's welfare.   --Shak.
   [1913 Webster]

         In whose deep eyes
         Men read the welfare of the times to come. --Emerson.
   [1913 Webster]
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