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 THE COÖPERATIVE COMMONWEALTH

Note by the Editor

AMONG Professor Sumner's papers there turned up a curiosity which I do not like to pass over altogether, although it is more appropriate, perhaps, to the purposes of the biographer. Apparently Sumner amused himself, along in the seventies or early eighties, in figuring to himself the state of the world under a socialistic regime of the sort which he was always ridiculing and opposing. He did this by imagining the contents of a socialist newspaper, the New Era, of the date July 4, 1950, consisting of editorials, news notes, public announcements, criminal cases, and even a book review. The whole caricatures in high colors the phenomena attending such a regime in its period of exuberance. "The following," he writes, "is a complete and verbatim copy of a [New York City] newspaper of the date given. It is printed on a small quarter sheet of coarse paper. The printing is so bad that it is hard to read, and the typographical errors, all of which have been corrected, are inexcusable."

The motto of the paper is: "Let the Rich Pay! Let the Poor Enjoy!" The responsible editor is Lasalle Smith, and the proprietors Marx Jones, Chairman of the New York City Board of Ethical Control, Cabet Johnson, Chairman of the Board of Arbitration for Wages and Prices, Babœuf Brown, Chairman of the Board of Control for Rents and Loans, and Rousseau Peters, President of the Coöperative Bank. A notice warns readers that "This paper is published strictly under the coöperative rules

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