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12 wealth and income which have taken place in the meantime.

High taxation in countries of boundless latent resources is a vast advantage. It is as necessary to a State which desires to advance quickly as adequate ballast is to a ship. The Empire is four times as large as the United States. Nevertheless the United States are far wealthier than is the gigantic British Empire. The wealth of the United States is greater than that of the British Empire, not because the former has larger natural resources, but because the boundless resources of the British Empire have either been insufficiently developed or have been completely neglected. If the War should bring about the deliberate and energetic development of the Empire, and if the Imperial domain should become as highly developed as the territory of the great Republic, the wealth of the British Empire should no longer be inferior to that of the United States, but should be four times as great.

Among the internal problems of Great Britain which will come up for settlement after the War, the reorganisation of the body politic will probably occupy the foremost place. It has been treated fully in the chapter, 'Democracy and the Iron Broom of War.' Democracy has displayed its failings during the struggle. The great problem consists in combining liberty and popular government, which means control by the many, with efficiency in administration and execution. The jointly responsible Cabinet has proved improvident, dilatory, and extremely inefficient. The reform introduced by Mr. Lloyd George is only a temporary makeshift. The question will have to be settled whether the national executive should be in the hands of a single man or of an inexpert committee. The views of the greatest statesmen of all times favour decidedly a one-man executive. The Americans, when establishing their republic, after mature consideration and deliberation, chose a one-man executive. I believe Great Britain will be wise in following America's example. The reform could most easily be