I Am A Sundial, And I Make

The Smaller Man Approaching Our Modern Banking System, Which Controls All Issue Of Credit And Therefore Pretty Well All Our Industrial And Commercial Activities, Is Not What The Controllers Of That Credit Call "interesting." He Borrows With Difficulty And Upon High Terms, And Must Pledge Security Out Of All Proportion To That Which His Richer Rival Has To Put Down.

There Are Few Greater Temptations On Earth Than To Stay Permanently At Oxford In Meditation, And To Read All The Books In The Bodlean.

Under The Old Social Philosophy Which Had Governed The Middle Ages, Temporal, And Therefore All Economic, Activities Were Referred To An Eternal Standard. The Production Of Wealth, It Distribution And Exchange Were Regulated With A View To Securing The Christian Life Of Christian Men. In Two Points Especially Was This Felt: First In Securing The Independence Of The Family, Which Can Only Be Done By The Wide Distribution Of Property, In Others Words The Prevention Of The Growth Of A Proletariat; Secondly, In The Close Connection Between Wealth And Public Function.

Communism Worked Honestly By Officials Devoid Of Human Frailties And Devoted To Nothing But The Good Of Its Slaves, Would Have Certain Manifest Material Advantages As Compared With A Proletarian Wage-system Where Millions Live In Semi-starvation, And Many Millions More In Permanent Dread Thereof. But Even If It Were Administered Thus Communism Would Only Produce Its Benefits Through Imposing Slavery.

One Man In One Mood Will Attack Industrial Capitalism For Its Destruction Of Beauty; Another For Its Incompetence; Another For The Vileness Of The Men Who Chiefly Prosper Under It; Another For Its Mere Confusion And Noise; Another For Its False Values; It Was Until Recently Most Fiercely Attacked For Its Impoverishment Of The Workers, Its Margin Of Unemployment And The Rest - Indeed So Fiercely That It Was Compelled To Seek Palliatives For The Evil. With A Mass Of Men It Was Attacked From A Vague But Strong Sense Of Injustice; It Allowed A Few Rich To Exploit Mankind.