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 early age as to enable him to subsist on scholarships until he is ready to earn his living. The former condition is, of course, a mere matter of luck, and could not be preserved in its present form under any kind of Socialism or Communism. This loss is emphasized by defenders of the present system, and no doubt it would be, to some extent, a real loss. But the well-to-do are a small proportion of the population, and presumably on the average no more talented by nature than their less fortunate contemporaries. If the advantages which are enjoyed now by those few among them who are capable of good work in science or art could be extended, even in a slightly attenuated form, to all who are similarly gifted, the result would almost infallibly be a gain, and much ability which is now wasted would be rendered fruitful. But how is this to be effected?

The system of scholarships obtained by competition, though better than nothing, is objectionable from many points of view. It introduces the competitive spirit into the work of the very young; it makes them regard knowledge from the standpoint of what is useful in examinations rather than in the light of its intrinsic interest or importance; it places a premium upon that sort of ability which is displayed precociously in glib answers to set questions rather than upon the kind that broods on difficulties and remains for a time rather dumb. What is perhaps worse than any of these defects is the tendency to cause overwork in youth, leading to lack of vigour and interest when manhood has been reached. It can hardly be