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 spot of the globe where thousands or millions have gathered together. Every smallest part of the immense whole which we call the wealth of civilized nations derives its value precisely from being a part of this whole. "What would bo the value of an immense London shop or warehouse were it not situated precisely in London, which has become the gathering spot for five millions of human beings? And what the value of our coal-pits, our manufactures, our shipbuilding yards, were it not for the immense traffic which goes on across the seas, for the railways which transport mountains of merchandise, for the cities which number their inhabitants by millions! Who is, then, the individual who has the right to step forward and, laying his hand on the smallest part of this immense whole, to say, " I have produced this; it belongs to me"? And how can we discriminate, in this immense interwoven whole, the part which the isolated individual may appropriate to himself with the slightest approach to justice? Houses and streets, canals and railways, machines and works of art, all these have been created by the combined efforts of generations past and present, of men living on these islands and men living thousands of miles away.

But it has happened in the long run of ages that everything which permits men further to increase their production, or even to continue it, has been appropriated by the few. The land, which derives its value precisely from its being necessary for an ever-increasing population, belongs to the few, who may prevent the community from cultivating it. The coal-pits, which represent the labour of generations, and which also derive their value from the wants of the manufactures and railroads, from the immense trade carried on and the density of population (what is the value of coal-layers in Transbaikalia?), belong again to the few, who have even the right of stopping the extraction of coal if they choose to give another use to their capital. The lace-weaving machine, which represents, in its present state of perfection, the work of three generations of Lancashire weavers, belongs again to the few; and if the grandsons of the very same weaver who invented the first lace-weaving machine claim their right to bring one of these machines into motion, they will be told "Hands off! this machine does not belong to you!" The railroads, which mostly would be useless heaps of iron if Great Britain had not its present dense population, its industry, trade, and traffic, belong again to the few—to a few shareholders, who may not even know where the railway is situated which brings them a yearly income larger than that of a mediæval king; and if the children of