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 for the unemployed or the maintenance of the unemployed by the taxation of surplus value, so that workmen may be relieved from vieing against each other for employment, and as a means to that end he tells us that "Socialists demand that the State shall embark upon schemes of national development, such as the improvement of roads, harbours, waterways, and the afforestation of suitable wastes. They also suggest that the policy of agricultural holdings for the labourers shall be extended, and that help shall be given by the State in the form of encouraging co-operative effort among these State tenants, with the assistance of State capital."

Municipal enterprise might "start competitive enterprises in house building, fire insurance, coal supply, milk supply, bakeries, refreshment houses, stores and the like," and "the nationalization of land, mines, railways and other means of transport would be a tremendous step towards Socialism."

The question of finding money for this programme is a difficulty which, as Mr. Snowden says, is "felt only by those persons who give Socialists credit for sufficient honesty as to believe that compensation will be paid." And he