Can you explain the significance of the Time Traveler finding a nearby well?

       The Time Traveler keeps learning more about this society. On the Time Traveler's fourth morning, he spots a white creature and freezes, yet he soon gains confidence to follow it. As stated, "I came upon one of those round well-like openings....It (the morlock) was clambering down the wall."(62) This quote allows the time traveler to comprehend the situation. He now knows that there is a whole entire different world or inhabitants underground. The Time Traveler restated the society as not communism, but as a capitalism. He believed that the Eloi were dominating the Morlocks.