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 in the face of their effectual provision for his little weakness, will cease to complain that his worst enemy is himself. And in dealing with speculation, the New Republic will have the power of an assured faith and purpose, and the resources of an economic science that is as yet only in its infancy. In such matters the New Republic will entertain no superstition of laissez faire. Money and credit are as much human contrivances as bicycles, and as liable to expansion and modification as any other sort of prevalent but imperfect machine.

And how will the New Republic treat the inferior races? How will it deal with the black? how will it deal with the yellow man? how will it tackle that alleged termite in the civilised woodwork, the Jew? Certainly not as races at all. It will aim to establish, and it will at last, though probably only after a second century has passed, establish a world-state with a common language and a common rule. All over the world its roads, its standards, its laws, and its apparatus of control will run. It will, I have said, make the multiplication of those who fall behind a certain standard of social efficiency unpleasant and difficult, and it will have cast aside any coddling laws to save adult men from themselves. It will tolerate no dark corners where the people of the Abyss may fester, no vast diffused slums of peasant proprietors, no stagnant plague-preserves. Whatever men may come into its efficient citizenship it will let come—white, black, red, or brown; the efficiency will be the test. And the Jew also it will treat as any other man. It is said that the Jew is incurably a parasite