to do away with inheritance. In reality, to touch it would be a mere work of supererogation on their part, because the salaries with them being equal, or nearly so, no one would be likely to have much to leave to his children. But if considerable inequality of salaries were allowed, there would be a reason, as the St. Simonians saw, for abolishing inheritance, in order to prevent inequality from becoming excessive.

VI.

THE immediate aim, then, and provisional social goal, till time and spontaneous natural evolution teach us more, would seem to be something like what is given in the concluding portion of the following pages; part of it having reference to the workingclasses and the poor, part not referring to class, as such, but to capacity, including a large part of the natural ability without means to make its way, the special fostering of which would be both for the general good and for the good of the working-classes, whose ranks would contain a large part of it.

The proposals which specially refer to the workingclasses and the poor are treated of under the heads of co-operative production, the creation of small owners of land, the regulation of factories and workshops, the proposed maximum working day; those referring to the nation generally, including the working-classes, under the heads of taxation, especially of inheritances, free education, the extension of Government management in the industrial sphere, especially where mono

polies exist, or are likely to exist; the State having the advantage over monopolists of being a "moral person" not interested in unduly raising prices or lowering wages to make extra profits.

In addition to a general criticism of Socialism, certain current proposals short of Socialism, but yet in the Socialist direction, are considered; schemes for raising wages, for shortening hours of labour, for giving work to the unemployed, as well as one for doing both of the latter, by the examination of which I hope to make my position clearer and also to define more narrowly the limits of the action of the State, whether by legislation or administration. The programme recommended can hardly be considered a very extensive one. But it is certainly as

much as opinion is ready for.

I believe it practi

cable, which cannot be said either of the new scheme of Collectivism or of the old, and in some respects superior, Socialism, or yet of some other schemes. adverted to and criticized; the full reasons for which will in due course appear; so much having been here entered into chiefly to give the reader some notion in advance of the scope and general character of the work, as well as of the main topics treated, and the chief issues raised on a subject that, without doubt, will be one of importance for a long time to come, as at present it is one that engages the attention of most thinking persons.

SOCIALISM NEW AND OLD.

CHAPTER I.

THE FORMS OF SOCIALISM.

MODERN Socialism had its origin some seventy years ago in France, under the initiative of St. Simon. If took a definite form from his school about the time of the July Revolution of 1830; but after drawing to itself distinguished converts, and exciting much attention for a time, it soon passed away as impracticable. It rose again some time before, and particularly during, the memorable year 1848. This time it took more specific form as a scheme for the reorganization of Labour, but also a threatening form as a revolutionary force. In its former character it was found impracticable, after partial trial; in the latter it was suppressed by the sword, after a terrible insurrection. in Paris. This time it was thought it had finally died. It was not so. It rose again in Germany about 1862, increased in strength, and fortified with stronger arguments, in process of time it crossed the Atlantic, and made many converts in America; and within a comparatively recent period (almost

B

within the past ten years) it has made its appearance in England, where it is making considerable progress. At the present time it is a wide-spread, almost a universal, movement, which shows itself in every civilized and Christian land where the same economic and social conditions meet; and it is certain that it is a movement that will not die without leaving important results behind it in the sphere of practice.

If the question be asked, What is Socialism? it is impossible to give a single definition that would find general acceptance, because the word is used by writers of authority in three different senses, in each of which again it is somewhat vaguely applied.

In the widest sense of the word, Socialism is any scheme of social relations which has in view a more equal distribution of wealth, or the preventing too great inequality, in whatever way this be effected, whether by State action, the voluntary efforts of individuals directed towards that end, Church action, philanthropy, or any other means; in which wide sense of the word Socialism embraces many social phenomena and movements, both in the present and in the past. Thus in the present it would embrace co-operative production, the communistic experiments in the United States and elsewhere, Christian Socialism, contemporary legislation to ameliorate the condition of small tenant farmers and the working classes generally, and even, if we set aside the means to be employed, contemporary anarchists' final aims. In this wide sense of the word, ancient laws and customs aiming at the prevention of