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lt from this doctrine indirectly than it is by the direct reassertion of the formal doctrine itself. One of the members of the Parliamentary Labour party in England celebrated his success at the polls by a letter to the _Times_, proclaiming that socialism was a moral quite as much as an economic movement, and that an object which to socialists was dearer even than the seizure of the riches of the rich, was the achievement of "economic freedom," or, in other words, the "emancipation of labour," or, in other words again, the abolition of the system which he described as "wagedom." I merely mention the particular letter in question in order to remind the reader of these familiar phrases, which are current in every country where the theory of socialism has spread itself. Now, what does all this talk about the emancipation of labour mean? It can only mean one or other of two things: either that the economic prosperity of every nation in the future will depend on the emancipation of every average mind from the guidance of any minds that are in any way superior to itself, or are able to enhance the productivity of an average pair of hands--a proposition so ludicrous that nobody would consciously assent to it; or else it means a continued assent to the theory which fails to correlate labour with directive ability at all, and so never raises the question of whether the latter is necessary or no. What, then, becomes of that chorus of vehement protestations, with which my critics in America were all so eager to overwhelm me, to the effect that socialists to-day recognise as clearly as I do that "common manual labour," as Mr. Hillquit puts it, "is impotent to produce the wealth of modern nations," apart from the "organisation and control" of the minds most competent to direct it? That the more intellectual socialists of to-day do recognise this fact--some with greater and some with less distinctness--is the very point on which I am anxious to insist. We shall have abundant opportunities for considering it later on. For the moment, however, I pause to ask them the following question. Recognising, as they do, and eagerly proclaiming as they do, whenever they address themselves to those who are capable of serious dispute with them, that the original theory of socialism, which was the creed of such bodies as the International, is absolutely false in itself, and in many of the expectations which it stimulates, why do not they set the
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