Throughout the paragraph in "Self-Reliance" that this excerpt closes, Emerson discusses his view of charity, specifically giving money to charities or individuals for charitable purposes. He mentions in the lines above the quote the following organizations for which he has no use:
"but your miscellaneous popular charities; the education at college of fools; the building of meeting-houses to the vain end to which many now stand; alms to sots; and the thousandfold Relief Societies. . ."
The author's contempt for the above groups stems from two ideas. First, Emerson's entire essay promotes man's fending and thinking for himself. If Emerson or others simply give another person everything that he or she needs, soon that person will rely upon others for everything and completelyrefute Emerson's philosophy of self-reliance. Relying on others is bondage in the author's eyes and hinders the country from becoming what Emerson envisions--an individualistic utopia full of open-minded, critical-thinking humans.
Emerson's second reason for disdaining the institutions which collect charities or build "meeting-houses" is that he believes that an individual should seek out the God within himself--not attend strictly formatted churches or rely on others to spread around one's money. Each person needs to be responsible for deciding whom to help or mentor and what to believe.
It is interesting that as strongly as Emerson believes in relying upon one's self, he still gives to these charities. However, his belief in personal growth and perfection correlates with the idea that he realized that even he had areas in which he could become more self-reliant.