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Rh essential that business men should feel that business was just as secure under the Labor administration as under any other. Nothing that can in the least upset business, you know. True, this sacred business consists of schemes to exploit and rob the working class, and, true, the longer it is allowed to go upon its way the more powerful it becomes and the greater are its exploitations and profits. But if we do anything that upsets business, or tends to disturb business confidence, that will be bad for us at the next election. Very likely we shall not be able to keep in. We are in now; let us stay in, and have the offices and the power.

Therefore it is with the greatest pride that the Labor people point out that under the Labor administration the volume of business has not decreased but increased; the operations of the banks have shown no falling off; they are still engaged as profitably as of yore in skinning the public; the clearings are in an eminently satisfactory condition; profits have suffered no decline; all is well in our marts of trade. The old machine goes on so well you would never know there had been any change in the administration. Business men have confidence in our Party. They know that we will do the right thing by them, and when in the next campaign the wicked orators of the opposition arise and say that the Labor Party is a party of disturbers and revolutionists we can point to these facts and overwhelm them. And that will be a good thing, because otherwise we might not be able to keep in. We're in; let us stay in.

So stands the case in Australia. But if anyone says to me that the heart of the trouble is some defect in the men that are the leaders of the Australian Labor Party, I deny it. There are no leaders of the Australian Labor Party in the sense that American politics understands leaders. Whoever comes to the front in the affairs of the Australian Labor Party is chosen by a free vote of the members of that Party and has not pushed himself to the front in the manner to which American politicians