Page:Indian Journal of Economics Volume 2.djvu/270

 SaNEY JEVON$ ing for the works to come o financial maturity. I do no say ha i is impossible to educate he public  a full understanding of he principles of economic development; bu i mus, in any country, be a slow and lengthy process, needing a campaign of propaganda lectures and literature extending over very many years. The second way of overcoming he weakness of popular governmen in regard o economic development is o convince he people and heir representai,es no only ha scientific developmen by means of an ordered program is enormously important, bu also ha i is au inherently complex and difficul business--ha i needs experts  devise a program, make he necessary comprehensive plans, and arrange he finance, and hat he Jayma n canno hope  understand i all and had beer enrus he future of his country in h. is respec o a body of experts. Having once carefully appointed heir body of experts, he popular representatives should be prepared o allo hem a sufficien part of he revenues of he sae, and he righ of raising loans hereon, to enable hem o cay ou a consistent % policy of development, or conrol he carrying of it ou by he executive departments of he government. In he case of a conrolling governmen he maer is simpler. I has already he power and practice of disposing Of he revenues of he country according to is own bes ',iudgmen; and if such a govevnmen learn he principles of economic developmen and he immense advantages of applying them, it body of oxpors for the purpose. can easily appoin is A conrolling govern. ment, beaurocratic or autocratic, is perh6ps better situated in regard to securing the economic development of a country than any democratic government is likely to be. It can regard the economic development of its wide territories as a business proposition, just as a landlord may regard the develolment of his estates.