SOCIALISM AND THE FARMING INTEREST 



but has been passed over to consumers for 

 consumption purposes the fee of all such 

 property is to remain in private hands. 



But as surely as this is so loaning and 

 economic rent will to some extent continue. 

 Savings banks will, of course, be owned by 

 government, but is there to be no induce- 

 ment for people to deposit in them, no rate 

 per cent? And if, residence land or even 

 houses being privately owned, the fashion 

 shows favor for certain wards, streets or 

 corners, I should like to know what power 

 on earth could keep the phenomenon of rent 

 from rising? 



Profits, too, would stay. Suppose that by 

 some art or device you or I can sell given 

 products cheaper than the state mills, farms 

 or fisheries can, are we to be put in jail for 

 doing so? If not, we shall make profits. 

 There would be many cases of this kind. 



In the main, no doubt, profit-taking un- 

 der that name will cease, but if industry is 

 to go on strongly, the same or similar win- 

 nings must be permitted in the form of sal- 

 aries. Supervising, organizing, inventive 



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