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 Now I am disposed to suspect at times that an inkling of such a realisation may have come to some of these very rich men. I am inclined to put it among the possibilities of our time that it may presently become clearly and definitely the inspiring idea of many of those who find themselves predominantly rich. I do not see why these active rich should not develop statesmanship, and I can quite imagine them developing very considerable statesmanship. Because these men were able to realise their organising power in the absence of economic organisation, it does not follow that they will be fanatical for a continuing looseness and freedom of property. The phase of economic liberty ends itself, as Marx long ago pointed out. The American business world becomes more and more a managed world with fewer and fewer wild possibilities of succeeding. Of all people the big millionaires should realise this most acutely, and, in fact, there are many signs that they do. It seems to me that the educational zeal of Mr. Andrew Carnegie and the university and scientific endowments of Mr. Rockefeller are not merely showy benefactions; they express a definite feeling of the present need of constructive organisation in the social scheme. The time has come to build. There is, I think, good reason for expecting that statesmanship of the millionaires to become more organised and scientific and comprehensive in the coming years. It is plausible at least to maintain that the personal quality of the American plutocracy has risen in the last three decades, has risen from the quality of a mere irresponsible wealthy person towards that of a real aristocrat with a "sense