,,! ,,_w ,,9 ,,*a9s 99 99 99 99 99 ,b %\ld we /ay to speak1 noontide w\ld come1 ,& ?w>t ,sil5us f9d 8 goats undrawn1 ,& grudge to s+ ^? wise & lovely songs ,( ,fate1 & ,*ance1 & ,god1 & ,*aos old1 ,& ,love1 & ! ,*a9$ ,titan's woeful doom1 ,& h[ he %all be loos$1 & make ! e>? ,"o bro!rhood4444 99 99 99 99 99 ,,! ,,_w ,,9 ,,*a9s ,,"s ,,aspects ,,( ,,w> ,,& ,,trade ,,by ,,john ,,mavrogordato ,m4,a4 ,,london3 ,,m>t9 ,,seck] ,,numb] ,,five ,,john ,,/reet ,,adelphi ,fir/ ,publi%$ #aiag 99 99 99 99 99 ,,9 ,,memoriam ,,amicorum ,r4 ,f4 ,c4 ,,geld]d ,,som]vell ,,iv> ,,campbell3 ,t4 ,r4 ,a4 ,h4 ,,noyes3 ,j4 ,w4 ,,bailey ,,qvi ,,ante ,,diem ,,p]i]vnt 99 99 99 99 99 ,note ,!re may be "s exagg]ation 9 ?is book4 ,i firmly believe t ,engl& & h] ,allies ent]$ ?is ,w> ) ! noble/ int5tions4 ,if ,i h done less ?an ju/ice to ^!1 x is because my *ief purpose 9 ?is essay has be5 to express my equally firm belief t all ^! f9e emotions h be5 & are be+ exploit$ by ! base/ =ms ( ,imp]ialism & ,capitalism4 ,j4 ,m4 ,janu>y #a/1 #aiag4 ,cont5ts ,,*apt] ,i ,,! ,,massacre ,,( ,,colleagues1 #c ,,! ,,wid5+ ,,sph]e ,,( ,,morality1 #d ,,! ,,rec$+ ,,god1 #f ,,! ,,philosoph] ,,looks ,,at ,,society1 #h ,,homo ,,hom9i ,,lupus1 #h ,,tribe ,,aga9/ ,,tribe1 #aj ,,! ,,city ,,/ate1 #ab ,,! ,,nations ,,( ,,europe ,,f]ae ,,naturae1 #ad ,,! ,,conv5i5ce ,,( ,,diplomacy1 #ae ,a ,,note ,,on ,,democracy1 #ah ,,diplomacy ,,n ,,bad ,,9 ,,itself1 #ai ,,mann]s ,,no ,,sub/itute ,,= ,,morals1 #ba ,,w> ,a ,,moral ,,ana*ronism1 #ba ,,*apt] ,,ii ,,! ,,armam5t ,,r+1 #bg ,,eug5ics8 #bi ,,patriotism1 #ca ,,! ,,moral ,,te/1 #cf ,,trade1 #ci ,,trade ,,9 ,,"t ,,( ,,peace1 #db ,,duties ,,( ,,comm]ce ,,to ,,! ,,/ate1 #dd ,,re/rict$ ,,sph]e ,,( ,,gov]nm5t ,,correspond+ ,,to ,,re/rict$ ,,sph]e ,,( ,,morality1 #ea ,,*apt] ,,iii ,,trade ,,dur+ ,,! ,,w>1 #eg ,,trade ,,lives ,,on ,,increas+ ,,dem&1 #fe ,,w> ,a ,,=m ,,( ,,de/ruction1 #ff ,,w> ,,/&s ,,to ,,b5efit ,,neutral ,,z ,,well ,,z ,,bellig]5t ,,nations ,,b ,,n ,,to ,,! ,,same ,,ext5t1 #fi ,,! ,,great] ,,! ,,capital1 ,,! ,,great] ,,! ,,w> ,,pr(it1 #ga ,,! ,,bless+s ,,( ,,invasion1 #gb ,,! ,,luxury ,,trades ,,don',t ,,d ,,s ,,badly1 #gd ,,trade ,,pr(its ,,9 ,,w> ,,n ,,%>$ ,,by ,,! ,,nation ,,b ,,conf9$ ,,to ,,employ]s1 #gg ,,trade ,,pr(it ,,& ,,national ,,loss1 #hb ,,app5dix3 ,,"s ,,typical ,,w> ,,pr(its1 #abe ,,*apt] ,,iv ,,dialectics ,,r\nd ,,! ,,dea?-,,b$1 #hi ,,g]man ,,responsibility ,,= ,,! ,,w>1 #ij ,,! ,,value ,,( ,,g]man ,,culture1 #ie ,,! ,,manufacture ,,( ,,hatr$1 #ajb ,,imp]ialism ,,! ,,enemy1 #ajg ,,possible ,,objects ,,( ,,w>1 #aab ,,physical ,,=ce ,,9 ,a ,,moral ,,_w1 #aah ,,imp]ialism ,,& ,,capitalism ,,?r\gh ,,w> ,,& ,,trade ,,! ,,enemies3 ,,socialism ,,to ,,! ,,rescue1 #abb 99 99 99 99 99 ,,*apt] ,i ,greek3 mros de ?ntn o/is ekpor?n poleis na\s de tumb\s ?1 i]a tn kekmktn1 ermiad\s autos le? u/]on4 ,euripides3 ,tro4 #ie4 #a ,! ,massacre ( ,colleagues ,! exi/5ce ( w> 9 ! mod]n _w is prim>ily a "q = ! moral philosoph]4 ,x may be ( int]e/ to ! an?ropologi/ to consid] w> z a gallant survival ) an impressive ritual & a code ( hon\r curi\sly deta*$ f ! social environm5t1 l ! ,h9du suttee2 or ) a proc$ure euphemi/ically disguis$1 l "s *?onic liturgy ( anci5t ,a!ns4 ,b x is a problem too broad = ! an?ropologi/ :5 we consid] t we h rea*$ a /age ( civilisation :i* reg>ds murd] z ! mo/ dete/able ( crimes & deprives ! murd]] ( all civil rights & (t5 ev5 ( ! natural "r to live3 :ile 9 ! same community ! organis$ massacre ( our colleagues 9 civilisation is n only tol]at$ b assum$ to be necess>y by ! pr9cipal expositors ( law & religion1 is ! sci5tific occupation ( ! mo/ hon\r$ pr(ession 9 ! ,/ate1 & con/itutes ! real sanction ( all int]national int]c\rse4 #b ,! ,wid5+ ,sph]e ( ,morality ,! exi/5ce ( w> /imulates ! a/oni%$ wat*] 9 ! t[] ( ivory to exam9e ! developm5t1 if any1 ( human morality2 & to =mulate "s law ( ! process :]eby political man has be5 diff]5tiat$ f ! savage4 ,morality be+ a relation betwe5 two or m contract+ p>ties1 he w notice t ! hi/ory ( mank9d is m>k$ by a consi/5t t5d5cy to ext5d ?is relation1 to include 9 ! sy/em ( relation%ips m num]\s & m di/ant objects1 s t ! moral ag5t is surr\nd$ by a cont9ually wid5+ sph]e ( obligations4 ,?is sy/em ( relation%ip1 :i* may be call$ ! moral sph]e1 has gr[n up "u a v>iety ( influ5ces1 exp$i5cy1 cu/om1 religi\s emotion & political action2 b ! moral ag5ts includ$ 9 x at any giv5 "t are always b\nd to ea* o!r by a !oretical contract involv+ bo? rights & duties1 & lead+ ea* to expect & to apply 9 all 8 deal+s ) ! o!rs a c]ta9 /&>d ( conduct :i* is approximately fix$ by ! enlight5$ op9ion ( ! majority = ! b5efit ( ! totality4 ,! moral sph]e !n is a contractual unit ( two or m p]sons :o agree to mod]ate _! individual conduct = _! common good3 & ! ,/ate itself is only a /age 9 ! gr[? ( ?is moral unit f its em]g5ce out ( primitive savag]y to its sup]annuation 9 ultimate an>*y1 commonly call$ ! ,mill5nium4 ,! ,/ate inde$ is a moral sph]e1 a moral unit1 :i* has long be5 outgr[n by enlight5$ op9ion2 & ! tr\ble is t we are n[ 9 a transition /age 9 :i* ! b\nd>ies ( ! ,/ate survive z a limitation in/ead ( sett+ an ideal ( moral conduct4#a ,,footnotes3 ,footnote #a3 ,?is conception ( ! gradually ext5d+ & /ill to be ext5d$ sph]e ( morality1 or f ano!r aspect ( law1 0 impli$1 ,i ?9k1 by ,"l ,haldane 9 8 ,address on ,high] ,nationality4 7,! ,conduct ( ,life1 & ,o!r ,addresses1 p4 #ii47 ,9 ?is address ,"l ,haldane di/+ui%$ 9 ! ,/ate ?ree sanctions ( conduct4 #a4 ,law4 #b4 ,! ,moral ,sanction1 ,kant's ,categorical ,imp]ative t rules ! private & individual consci5ce1 b t alone4 #c4 ,! =ce ( social habit or sittli*keit1 less ?an legal & m ?an m]ely moral1 & suffici5t 9 ! va/ majority ( ! ev5ts ( daily life1 to secure obs]vance ( g5]al /&>ds ( conduct )\t any "q ( resort to =ce4 ,! ,"l ,*ancellor adds1 ,if ?is is s )9 a nation1 c x be s z betwe5 nations8 ,b al?\gh ,"l ,haldane di/+ui%es ?ree sanctions ( conduct1 ! resultant l9e ( conduct is "o4 ,& x seems to me unimportant to analyse ! sanctions if we c only e/imate ! sum ( _! obligations4 ,x is ?is totality ( obligations1 ! :ole sy/ematisation ( conduct 9 human life1 t 9 my adumbrat$ analysis ,i call ! moral sph]e4 ,curi\sly en\gh ,"l ,haldane 0 h\nd$ f ! ,gov]nm5t on ! p>adoxical gr\nd t he knew too mu* ab\t ! enemy aga9/ :om we are fight+4 ,x is c]ta9ly true t he has a bett] und]/&+ ?an any o!r /atesman ( ! ,prussian p]v]sion ( ari/ocracy & ( ! true function ( sci5ce 9 ! ,/ate4 ,b x is too mu* to hope t philosoph]s %\ld rema9 ,m9i/]s ( a ,/ate 9 :i* j\rnali/s are become dictators4 #c ,! ,rec$+ ,god ,i don't "k t x is necess>y to drag ,god into ! argum5t4 ,b if y l to reg>d ,god z ! sanction & s\rce ( morality1 or if y l to call ! moral drift 9 human affairs ,god1 x is possible to consid] ?is ,sph]e ( ,morality f ,8 po9t ( view4 ,8 po9t ( view is precisely :at1 9 an in/ructive fable1 we may pres5t z ! det]m9+ factor 9 morality4 ,:5 ,he walk$ 9 ! g>d5 or lurk$ h>dly di/+ui%able among ! /icks & /ones ( ! =e/1 morality 0 j an und]/&+ betwe5 a man & 8 neighb\r1 a tempor>y agreem5t ent]$ on by any two hunt+ savages :om ,he might happ5 to espy betwe5 ! tree-trunks4 ,:5 ,he dwelt among ! peaks ( ,s9ai or ,olympus1 ! sph]e ( morality _h ext5d$ to ! :ole tribe t occupi$ ! subjac5t valley4 ,x came to include ! nation1 all ! subjects ( ea* sov]eign /ate1 by ! "t ,he _h rec$$ to "s heav5ly ?rone above ! d>k blue sky4 ,& x is to be hop$ t ,he may yet take a broad] view1 s t ,8 survey w embrace ! :ole ( mank9d1 if only we c bani% ,him to a remot] altitude 9 ! froz5 dep?s ( space1 :5ce ,he c contemplate human affairs )\t be+ ne> en\gh to int]f]e4 ,! moral ( ?is little my? ( ! ,rec$+ ,god may be t ! ,sph]e ( ,morality is ext5d$ 9 inv]se proportion to ! int5sity ( !ological int]f]5ce4 ,n t !ology necess>ily or always delib]ately limits ! doma9 ( morality3 b because ! ext5sion ( moral relations & ! relegation ( an?ropomorphic !ology are co-ord9ate /eps 9 human advancem5t4 #d ,! ,philosoph] looks at ,society ,! philosoph] is apt to expla9 ! gr[? & int]relation ( ideas by tabulat+ !m 9 an hi/orical =m1 :i* may n be n>r[ly1 *ronologically1 or hi/orically true4 ,! notion ( ! ,social ,contract may be philosophically true1 ?\gh we are n to imag9e ! citiz5s ( ,r\sseau's ,/ate com+ toge!r on a c]ta9 day to vote by %[ ( h&s1 l ! memb]s ( ! ,bognor ,urban ,di/rict ,c\ncil4 ,s we may illu/rate a !ory ( moral or social evolution by a sort ( hi/orical pageant1 :i* w n be j\rnali/ically exact1 b w give a true picture ( an ideal developm5t1 e sc5e ( :i* c be p>allel$ by "s actually kn[n or inf]r$ =m ( human life4 #e ,homo ,hom9i ,lupus ,our imag9ation1 work+ subconsci\sly on a numb] ( labori\sly accumulat$ h9ts1 a roomful ( *ipp$ or poli%$ /ones1 ! sift$ debris ( ,swiss palafittes1 a few pi!coid jawbones1 "s pa9t$ rocks f ,salamanca1 produces a fairly def9ite picture ( ! e>lie/ ess5tially human be+ on e>?3 & we recognise a man n unlike "o ( ourselves2 ) a simil> indu/ry int]rupt$ f "t to "t by ! arbitr>y /irr+s ( a simil> arti/ic impulse2 s close to u inde$ t "s ( 8 habits /ill survive among u4 ,"s ( u at lea/ h made a recreation ( 8 necessity1 & /ill g hunt+ wild or hypo!tically wild animals = food4 ,b :5 ?is primeval hunt] em]g$ f 8 lair 9 ! =e/ or 8 valley-cave1 he 0 prep>$ to attack at sight any man he happ5$ to meet3 & he ?\ght himself a f9e fell[ if he succe$$ 9 crack+ ! skull ( a possible rival 9 love or v5]y4 ,?is 0 ! age ( prev5tive aggression ) a v5geance4 ,we /ill feel a c]ta9 satisfaction 9 a prompt & cru%+ bl[1 & 9 ! simplicity ( viol5ce4 ,b we no long] attack our neighb\r 9 ! /reet1 z dogs fight ov] a bone or ov] no?+ at all3 ?\gh "s ( u res]ve ! "r to sn>l4 #f ,tribe aga9/ ,tribe ,b ?is fight]'s p>adise 0 too excit+ to la/ long2 & inde$ x is h>d to visualise /eadily ! f]al solit>y man :o liv$ )\t any social organisation at all4#b ,consid]ation l an angel came & did n inde$ drive ! (f5d+ devil out ( him b taught him to guide x into m pr(itable *annels1 by co-op]at+ ) 8 neighb\r4 ,:5 a man fir/ made peace ) ! hunt] 9 ! next cave 9 ord] to g out ) him aga9/ ! be> at ! head ( ! valley1 or ev5 to h 8 assi/ance 9 c>ry+ (f a c\ple ( wom5 f ! family d[n by ! lake1 on t day ! social & moral unit 0 con/itut$1 ! sph]e ( morality1 de/9$1 :o kn[s h[ soon1 to include ! :ole ( mank9d 9 "o b5efic5t alliance1 began ) :at ,pr(essor ,mc,dougal has call$ ! replacem5t ( individual by collective pugnacity4 ,! fir/ cle> /age 9 ?is progress is ! tribe or clan1 ! smalle/ organis$ community1 sometimes no l>g] ?an ! self-conta9$ village or camp1 :i* c /ill be f\nd 9 ! wild p>ts ( ! e>?4 ,tribe aga9/ tribe is ! =mula ( ?is ord] ( civilisation4 ,)9 ! limits ( ! community man inhibits 8 natural impulses & settles 8 p]sonal disputes accord+ to ! rules laid d[n by ! headman or *ief4 ,b once outside ! /ockade he c kill & plund] at w1 ?\gh ow+ to ! simil>ly /rong organisation ( ! next village he w usually res]ve 8 pr$atory exploits = ! (ficial & collective raids ( village aga9/ village & tribe aga9/ tribe4 ,( c\rse ! family is a /ep lead+ up to ! tribal /age ( morality1 & x may be t ! idea ( ince/ m>ks ! social /age 9 :i* ! moral sph]e 0 cont]m9\s ) ! family1 correspond+ to ! in/itution ( exogamy 9 ! moral sy/em ( ! tribe4 ,x may be add$ t ev5 9 ! mod]n family ! feel+ :i* unites ! memb]s (t5 consi/s less1 v mu* less1 ( affection ?an ( a sort ( obligation to hang toge!r = mutual def5ce4 ,,footnotes3 ,footnote #b3 ,cf4 ,plato's my? ( ,protagoras 7,prot4 #cbb ,b ff474 #g ,! ,city ,/ate ,! ,city ,/ate1 self-conta9$1 self-support+1 truly democratic1 is m>k$ by a simil> pugnacity4 ,only full citiz5%ip conf]r$ full moral rights1 & any f]ocity c\ld be ju/ifi$ 9 w> aga9/ ano!r city4 ,a!ns wore h]self out 9 ! long /ruggle ) ,sp>ta1 & ,greece 0 lur$ to de/ruction by ! devil ( ,imp]ialism1 ^: /ock argum5t is to sugge/ t a ,/ate c ext5d its rights )\t ext5d+ its obligations4 ,b ! limitation ( ! moral sph]e by ! b\nd>ies ( ! city is less app>5t 9 ! ,greek ,/ates1 because 9 ! hi/orical p]iod at lea/ !y 7 already 9 transition to a l>g] view1 & enlight5$ op9ion c]ta9ly believ$ 9 a moral sy/em :i* %\ld include all ,greek ,/ates1 to ! exclusion ( c\rse ( all b>b>ians3 b ?is l>g] view 0 ev5 m def9itely limit$1 & ! dem>cation ( ^? )9 f ^? outside ! moral sph]e 0 nev] m %>ply conceiv$1 ?an 9 ! diff]5ce commonly held to exi/ betwe5 ,greeks & ,b>b>ians4 ,yet ev5 s ,greece c ma9ta9 h] pre-em95ce 9 ?\ght2 = ,plato & ,euripides at lea/ glimps$ ! conception1 by :i* we d n yet cons5t to be guid$1 ( ! moral equality ( all mank9d4#c ,= all ^! reasons ! ,city ,/ate z a limit$ moral sph]e is bett] se5 p]haps 9 ,m$ival ,italy1 :]e1 ,i imag9e1 a ,flor5t9e might kill a native ( ,pisa :5ev] he lik$2 :]eas if he kill$ a fell[ ,flor5t9e he risk$ at lea/ ! necessity ( putt+ himself outside ! moral sph]e1 ( hav+ t is to leave ,flor5ce & /ay 9 ,pisa till ! incid5t 0 =gott54#d ,,footnotes3 ,footnote #c3 ,ev5 ,ari/otle probably _h "s suspicion ( x2 s 9 8 anxiety to ju/ify ! in/itution ( slav]y he _h to make out t slaves 7 n m5 at all b only ma*9es4 ,footnote #d3 ,duell+ might be classifi$ !oretically z a survival ( ! wolfi% condition sket*$ 9 #e4 ,b ! p]si/5t in/itution ( s+le combat %\ld n be reg>d$ z 9 itself a survival1 b r z an outlet = ! surviv+ in/9ct1 a concession ju/ifi$ by political or social consid]ations t v>y f age to age4 ,ev5 ,plato 9 8 ,republic 7#dfe ,a7 agre$ t ! citiz5 might 9 c]ta9 circum/ances take ! law into 8 own h&s1 probably reg>d+ su* action z a sort ( equity1 :at ,ari/otle calls ,greek3 epanor?ma nom\ lleipei dia ton ka?ol\1 a rectification ( c]ta9 special cases n cov]$ by law4 ,9 mod]n /ates aga91 e4g4 9 ,au/ria & ,g]many1 duell+ is n s mu* a survival z a coroll>y ( milit>ism1 :i* involves a feti*i/ic v5]ation ( ! milit>y uni=m or ( milit>y hon\r4 #h ,! ,nations ( ,europe f]ae naturae ,9 ! next & late/ /age 9 ! expansion ( ! moral sy/em we f9d x aga9 cont]m9\s ) ! fronti]s ( ! ,/ate4 ,b x is n[ no long] ! small city /ate ( ,anci5t ,greece & ,m$ival ,italy1 b ! l>ge political unit1 r\ghly & hypo!tically national1#e :i* con/itutes ! mod]n ,/ate1 :e!r ,k+dom1 ,republic1 or ,empire4 ,i h call$ ?is ! late/ /age 9 ! ext5sion ( ! sph]e ( morality because x is ! "o :i* actually prevails & limits our national conduct4 ,= ! p>adox ( legal murd] & massacre 9 ! mod]n _w is resolv$ z soon z we realise t w> is a conflict betwe5 two or m isolat$ moral sy/ems1 ea* ( :i* only reg>ds viol5ce z a crime to be suppress$ )9 ! limits ( its own validity4 ,int]national w>f>e 9 its crude/ =m is only a manife/ation ( ! orig9al wolfi% /ate ( man1 ! /ate ( nature :i* exi/s betwe5 two moral ag5ts :o h no moral obligation to ea* o!r 7b only to !mselves74 ,! fact t ! primitive savage 0 an individual moral ag5t hav+ no moral obligation to anyone b himself1 :ile ! mod]n fight+ nation is a moral ag5t ( :o kn[s h[ _m millions1 does n alt] ! ess5tial "* ( ! conflict4 ,,footnotes3 ,footnote #e3 ,see bel[1 ,*apt] ,,iv1 #d4 ,nationalism ,true & ,false4 #i ,! ,conv5i5ce ( ,diplomacy ,z a matt] ( fact ?is orig9al wolfi% attitude ( nations is already obsolete1 if x ev] exi/$4 ,! expansion & gr[? ( political & moral relations is a gradual process1 & ! fact t = ! sake ( brevity & cle>ness we fix & describe c]ta9 arbitr>y po9ts 9 t process mu/ n be tak5 to imply t x is discont9u\s4 ,anyh[ !re is no d\bt t ! specifically wolfi% attitude ( "o nation to ano!r c h>dly be f\nd 9 its pure /ate1 be+ already temp]$ & mitigat$ by ! practice & cu/om ( diplomacy3 & ?is diplomatic mitigation1 h[ev] sup]ficial1 does some?+ to break d[n t w9d[less isolation :i* is ! ess5tial cause ( viol5ce betwe5 two indep5d5t moral entities4 ,pacifici/s ( ! democratic s*ool sometimes pres5t a fallaci\s view ( int]national diplomacy1 & almo/ imply t ! pres5t w> 0 made inevitable by ! fact t ,visc\nt ,grey 0 educat$ at ,h>r[1 or t peace c\ld h be5 pres]v$ ) ,g]many if only ,sir ,edw>d ,gos*5 _h begun life z a coal heav]1 or _h at lea/ be5 elect$ by ! ,national ,union ( ,boil]mak]s4 ,_! panacea !y vaguely call ! democratic control ( ,=eign ,affairs1 ?\gh x is n cle> :y we %\ld expect tw5ty million /ill ignorant vot]s to be m enlight5$ ?an "o educat$ repres5tative :o is1 z a matt] ( fact1 usually s mu* oppress$ by a due s5se ( 8 responsibility t he is 9 dang] ( bungl+ only f excessive timidity4 ,! exp]i5ce ( ! ,law ,c\rts %[s t twelve m51 be !y nev] s good & true1 _c at pres5t be tru/$ to weigh & discrim9ate z nicely z "o#f2 & ! fact t ! ,daily ,mail has ! l>ge/ circulation ( any morn+ pap] is a suffici5t m>k ( ! pres5t capacity & incl9ation ( ! majority to control public affairs m directly ?an !y d4 ,x is said t ! secrecy ( diplomatic affairs bre$s an atmosph]e ( suspicion2 & x might be said ) equal tru? t all secrecy ( e k9d is always & ev]y:]e ! mo/ unnecess>y ?+ 9 ! _w4#g ,b ! fundam5tal fallacy ( all ^! argum5ts is t !y treat diplomacy z an ess5tial ( int]national relations1 :]eas x is only an accid5t1 a trapp+1 a conv5i5ce1 or a common =m4 ,its defects are ! result & ! reflection ( national op9ion4 ,diplomati/s are no m responsible = ! defects ( int]national relation%ip ?an seconds are responsible = ! practice ( duell+3 & we may note incid5tally t duels are if any?+ m frequ5t :5 ! place ( ! seconds 9 e/imat+ _! necessity is tak5 by a democratic c\rt ( hon\r4 ,,footnotes3 ,footnote #f3 ,! duties ( a jury are1 ( c\rse1 v c>efully limit$ by law4 ,b ev5 9 ?is r$uc$ sph]e !y are rem>kable *iefly = _! incompet5ce1 prejudice1 inatt5tion1 & /upidity4 ,see p>ticul>ly ,&r ,gide's ,s\v5irs de la ,c\r d',assises1 all ! impli$ criticisms 9 :i* apply1 mutatis quibusdam mut&is1 ) equal =ce to ,engli% & inde$ to all juries4 ,footnote #g3 ,x is possible to argue1 ?\gh ( c\rse impossible to prove1 t if e diplomatic docum5t ( rec5t ye>s _h be5 imm$iately made public1 ! relations betwe5 ! ,p[]s w\ld h rema9$ v mu* :at !y are ) secret diplomacy2 t public diplomacy w\ld if any?+ h int5sifi$ ! exi/+ jeal\sy & di/ru/4 ,z a matt] ( fact anyone :o takes ! tr\ble c approximately discov] ! diplomatic situation exi/+ at a p>ticul> mom5t betwe5 any two ,p[]s1 ev5 if he _c "k ! v]bal text ( a p>ticul> treaty4 ,& if ! support]s ( public diplomacy reasonably po9t out t publicity is desir$ only z a means to ensure ! democratic control ( ,=eign policy1 ! answ] is t ! only way to ensure ! democratic control ( diplomats or any o!r public s]vants is to educate ! p4 #aj ,a ,note on ,democracy ,! outcry = democratic control dem&s1 ,i ?9k1 a note1 if n a volume1#h on ! limitations ( democracy4 ,we are all1 ,i suppose1 agre$ n[adays t ! gov]nm5t ( ! future mu/ be democratic1 9 ! s5se t e adult has a "r to full citiz5%ip1 & e citiz5 c claim a vote4 ,b x is obvi\sly impossible = a mod]n ,/ate to be gov]n$ directly by ! voices ( say fifty or a hundr$ million citiz5s3 !re mu/ always be a small legislative & a /ill small] executive body2 & ^! bodies %\ld obvi\sly be compos$ ( ! f9e/ & mo/ capable citiz5s4 ,if !n ,ari/ocracy means1 z x does mean1 a gov]nm5t ( ! :ole by ! be/ elem5ts1 x foll[s t we are all equally agre$ t ! gov]nm5t ( ! future mu/ be ari/ocratic4 ,! solution ( ?is ant9omy is ( c\rse t democracy is n an end 9 itself1 b only a means = ! selection & sanction ( ari/ocracy4#i ,! be/ elem5ts 9 ! population c only come to ! top if e man has an opportunity ( us+ 8 voice & 8 intellig5ce4 ,we may note 9 pass+ t a common objection1 rais$ by writ]s l ,emile ,faguet1 to ! effect t democracy puts a premium on incompet5ce by *oos+ its (ficials almo/ =tuit\sly f ! mob1 is ! exact opposite ( ! tru?4 ,x is our pres5t regime t leaves ! selection ( our rul]s to ! *ances ( bir? or weal? or =5sic success4 ,real democracy w /imulate ! selection ( ! be/1 j z trade union /&>disation ( wages enc\rages ! employm5t ( ! bett] workm54#aj ,,footnotes3 ,footnote #h3 ,su* a volume or some?+ v mu* l x has actually made its appe>ance1 s9ce ^! l9es 7 writt51 9 ,pr(essor ,rob]t ,mi*els' ,political ,p>ties 7,j>rold1 #aiaf74 ,footnote #i3 ,cf4 ,b]n>d ,%aw1 9 ,pease1 ,hi/ory ( ! ,fabian ,society1 p4 #bfh3 ,soon] or lat]1 unless democracy is to be disc>d$ 9 a reaction ( disgu/ su* z kill$ x 9 anci5t ,a!ns1 democracy itself w dem& t only su* m5 %\ld be pres5t$ to its *oice z h prov$ !mselves qualifi$ = m s]i\s & dis9t]e/$ "w ?an '/ok+ up' election meet+s to mom5t>y & fooli% excitem5t4 ,)\t qualifi$ rul]s a ,sociali/ ,/ate is impossible4 #aa ,diplomacy n bad 9 itself ,! real importance ( diplomacy1 z ,i h said1 is 9 ! fact t x is a mitigation ( prim>y f]ocity1 a symptom ( read9ess to negotiate1 a recognition ( ! fact t disputes ne$ n be settl$ by imm$iate viol5ce3 & z su* x po9ts to a "t :5 w> may be sup]s$$1 z p]sonal combat has be5 sup]s$$ by litigation4 ,! man :o puts a qu>rel ) 8 neighb\r into ! h&s ( a legal repres5tative is a /age high] 9 social civilisation ?an ! man :o fights x out at sight4 ,diplomats are ! legal repres5tatives ( nations--only !re is no sup]national c\rt be=e :i* !y c /ate _! case4 ,( c\rse1 x is p]fectly true t ! ultimate sanction ( diplomacy is always =ce1 t int]national negotiations may always be resolv$ into a s]ies ( polite ?reats1 & t ! envoy ( ! small & weak nation r>ely has any influ5ce4 ,inde$ !re are few less enviable situations ?an t ( ! m9i/] ( a v small ,/ate at ! c\rt ( a v l>ge "o4 ,b ! m]e fact t =ce is _! sanction does n ipso facto dispose ( diplomatic & arbitrational me?ods4 ,we all "k t ! =ce at ! disposal ( ! ,sov]eign is ! ultimate sanction ( ,law4 ,b t =ce nev] has to be fully ex]t$ because !re is a common cons5t to respect ! ,law & its (fic]s4 ,,footnotes3 ,footnote #aj3 ,cf4 ,webb1 ,indu/rial ,democracy1 p4 #gah4 #ab ,mann]s no ,sub/itute = ,morals ,! real diff]5ce betwe5 legal me?ods & ! me?ods ( diplomacy 79 :i* ,i "h include int]national conv]sations ( e sort7 is t ! latt] take place1 z x 71 9 a vacuum4 ,!re is no ,sov]eign1 no common d5om9ator1 no unify+ sy/em 9 :i* bo? p>ties are relat$ by _! common obligations4 ,!y exi/ & act 9 two sep>ate moral sph]es1 & no real int]c\rse is possible betwe5 !m4 ,= all _! ambassadors & diplomatic conf]5ces ! nations ( ,europe are only wolves ) good mann]s4 ,& mann]s1 z we all "k1 are no sub/itute = morals4 #ac ,w> a ,moral ,ana*ronism ,?us we come back to our !sis t w> is n only possible b inevitable s long z ! ext5t ( ! moral sph]e is cont]m9\s ) ! fronti]s ( ! ,/ate4 ,b m]ely to expla9 labori\sly t all ?is organis$ kill+ is n really a p>adox b ! natural accompanim5t ( a c]ta9 /age ( moral developm5t1 & to leave x at t1 w\ld be r to exagg]ate our philosophic deta*m5t4 ,! po9t is t we are long pa/ ! /age ( reg>d+ any b our fell[-subjects z moral outlaws4 ,= "s ye>s1 to say ! lea/1 x has be5 g5]ally receiv$ t ! sph]e ( morality is co-ext5sive ) mank9d4 ,9 spite ( c]ta9 l+]+ exceptions1 x is to-day a commonplace ( ?\ght t e human be+ on ! e>? is our colleague 9 civilisation2 is a memb] t is ( ! human race1 :i* f9d+ itself on ?is e>? has got someh[ to make ! be/ ( x2 is a %>ehold] 9 ! human asset ( self-consci\sness :i* we are call$ ^u to exploit4 ,x w\ld c]ta9ly be h>d to f9d a man ( :at we h call$ enlight5$ op9ions :o w\ld n pr(ess1 :atev] 8 private feel+s1 t x is z great a crime to kill a ,hott5tot or a ,jew z to kill an ,engli%man4 ,) c]ta9 l+]+ exceptions !n we already reg>d ! =eign] z a memb] ( our own moral sy/em4 ,! moral sph]e has already ext5d$ or is at lea/ 9 c\rse ( ext5sion to its ultimate limits3 & w> is a survival f ! p5ultimate /age ( morality4 ,w>1 to put x mildly1 is a moral ana*ronism4 ,w> betwe5 ,european nations is civil w>4 ,logically all w> %\ld be recognis$ at once1 at any rate by enlight5$ op9ion1 z ! crime1 ! disa/]1 ! ultimate disgrace t x obvi\sly is4 ,:y !n d we cl+ to ! implications ( a sy/em t we h gr[n out (8 ,:y d we affect ! limitation ( b\nd>ies t h be5 already ext5d$8 ,or is our prison s lovely t ?\gh ! walls fall d[n we refuse to walk out into ! air8 ,,*apt] ,,ii ,a sociologi/ wrote to ! ,vali ( ,aleppo1 ask+3 ,:at are ! imports ( ,aleppo8 ,:at is ! nature ( ! wat]-supply8 ,:at is ! bir?-rate1 & ! dea?-rate8 ,! ,vali repli$3 ,x is impossible = anyone to numb] ! camels t kneel 9 ! m>kets ( ,aleppo4 ,! wat] is suffici5t2 no "o ev] dies ( ?ir/ 9 ,aleppo4 ,h[ _m *ildr5 %all be born 9 ?is great city is kn[n only to ,allah ! compassionate1 ! m]ciful4 ,& :o w\ld v5ture to inquire ! tale ( ! dead8 ,= x is reveal$ only to ! ,angels ( dea? :o %all be tak5 & :o %all be left4 ,o idle ,frank1 cease f y\r presumptu\s que/ion+1 & "k t ^! ?+s are n reveal$ to ! *ildr5 ( m54 ,! ,bu/an ( ,mahmud ,aga el-,arnauty4 #a ,! ,armam5t ,r+ ,:at1 9 %ort1 are ! =ces t make = ! ana*roni/ic survival ( w>--ap>t ( c\rse f ! defect t x is always ) u1 ! habit ( in]tia1 sometimes call$ ,cons]vatism8 ,! obvi\s answ] is n1 ,i ?9k1 ! correct "o4 ,at lea/ x is correct z f> z x goes1 b leaves u v f> f a complete explanation ( ?is unpleasant survival4 ,s sc&al\s is ! int]relation ( ! armam5t firms#aa :i* has develop$ ! _w's trade 9 munitions & explosives into "o obsc5e c>tel2 s cynical is ! avidity ) :i* _! ag5ts ex*ange _! trade secrets1 sell %ips & guns1 (t5 by means ( diplomatic blackmail1 to fri5d or foe alike1 & foll[ ^? pione]s ( civilisation ! mission>y1 ! g9 m]*ant & ! procur]1#ab into ! wilde/ "p ( ! e>?2 s absurd on ! face ( x is ! practice ( all[+ ! manufacture ( armam5ts to rema9 9 ! h&s ( private companies2 t x is v tempt+ to see 9 ! great ,armam5t ,firms ! pr9cipal if n ! only cause ( mod]n w>4 ,exam9]s ( ,g]man milit>ism1 mo/ ( !m /upid en\gh to quote ,nietzs*e1 may be p>don$ = emphasis+ ! political influ5ce ( ,krupp2 & s9ce e great ,p[] has a m or less effici5tly organis$ ,krupp ( its own1 x w\ld be p]missible to sugge/ t w> w\ld be already obsolete b = ! int5sive cultivation x receives = ! b5efit ( ,krupp1 ,creusot1 ,elswick & ! re/4 ,b x w\ld be wrong2 our syllogism w\ld h a badly undi/ribut$ middle4 ,x is true t ,krupp 9 p>ticul>1 :o is ! actual own] ( m ?an "o popul> ,g]man newspap]1 & o!r armam5t firms 9 a small] degree1 ex]cise an enorm\s influ5ce on national op9ion1 create _! own m>kets by ! ?reat ( w>1 & w\ld g bankrupt if w>s %\ld cease4 ,y may also say t _! %>ehold]s live by pro/itut+ ! patriotism ( _! fell[-citiz5s3 9 %ort1 y may d5\nce !m ) ! mo/ exp5sive rhetoric to be _h )\t do+ !m any inju/ice4 ,b ! fact rema9s t _! position ) reg>d to w> is exactly analog\s to t ( ! great brew]ies ) reg>d to drunk5ness4 ,!y live by tak+ advantage ( human weakness4 ,x is q accurate1 !re=e1 to describe _! e>n+s z immoral1 b !y are no m ! cause ( ! immorality !y exploit & und\bt$ly enc\rage1 ?an mak]s ( seismological in/rum5ts are responsible = ! occurr5ce ( e>?quakes4 ,! int]e/s ( "o trade alone1 h[ev] p[]ful 9 itself1 w\ld nev] be /rong en\gh to plunge a nation into w>4 ,!y are1 ( c\rse1 accessories to ! crime2 b ! milit>ism !y are guilty ( fo/]+ has o!r prim>y explanations4 ,,footnotes3 ,footnote #aa3 ,sev]al books h be5 publi%$ giv+ details ( ! ,armam5t ,r+ & int]national ,kruppism4 ,i don't ?9k t ! language "h us$ does any inju/ice to ! facts4 ,footnote #ab3 ,see bel[1 #g4 #b ,eug5ics8 ,9 ?is brief inve/igation ( ! possible causes ( w>1 x mu/ be und]/ood t :at we want to f9d is :at is call$ a suffici5t reason = its cont9u$ exi/5ce4 ,! armam5t trades may supply ! means1 ! occasion1 ! /imulant1 b _! relation to x is n ess5tially causal4 ,_m writ]s ( ano!r s*ool h attempt$ to prove t ! suffici5t reason ( w> is a b5efic5t function ( :i* !y believe x to be capable4 ,?is imag9>y function is none o!r ?an t ( improv+ ! race1 & we may admit at once t1 if !re 7 ! slighte/ sci5tific basis = su* a belief1 ! bloodie/ w> w\ld be morally ju/ifi$1 & x w\ld be ! religi\s duty ( e individual to kill z _m z possible ( 8 fell[s = ! b5efit ( _! desc5dants4 ,b ( c\rse mod]n w>f>e s f> f improv+ ! race mu/ s5sibly exhau/ x4 ,9 anci5t ,sp>ta1 & g5]ally :5ev] ! conditions ( w>f>e approximat$ to ^? ( p]sonal combat1 c\rage & ! alli$ *>act]i/ics ( m5tal z well z ( physical nobility mu/ h _h a survival value2 :]eas 9 mod]n w>f>e :i* makes = ! indiscrim9ate ext]m9ation ( all combatants1 ! result is exactly rev]s$4 ,our semi-sci5tific milit>i/s =get t ! survival ( ! fitte/#ac is 9 nature ess5tially a process ( selective elim9ation2 & mod]n w> is a process ( inv]t$ selection :i* elim9ates ! brave1 ! adv5tur\s & ! heal?y2 precisely ^? memb]s ( ! community :o are be/ fitt$ to survive1 t is to propagate _! k9d1 9 ! ord9>y environm5t ( political life4 ,conscription1 inde$1 spread+ a wid] net ?an ! volunt>y sy/em1 may be describ$ z an in/itution = expos+ ! be/ citiz5s ( a /ate to abnormal risks ( annihilation4 ,z a matt] ( hi/oric fact we are told1 ?\gh ,i don't "k on :at au?ority1 t ! ,napoleonic w>s1 h[ mu* less deadly ?an our own1 r$uc$ by an in* ! av]age height ( ! ,fr5* nation4 ,s mu*1 9 brief1 = ! sci5tific ju/ification ( w>4 ,x is evid5t t by ! eug5ic argum5t w> c\ld be def5d$ only if we agre$ to s5d into battle precisely ^? m5 :om our recruit+ (fic]s disqualify4 ,a good deal might be said1 f ! sociologi/'s po9t ( view1 9 fav\r ( a sy/em ( ca?>tic conscription :i* w\ld rejuv5ate ,engl& ) a wat*word ( ,! ,unfit to ! ,tr5*es4 ,,footnotes3 ,footnote #ac3 ,!y usually add to _! m5tal confusion ! elem5t>y blund] ( us+ ! ^w fitte/ 9 a moral in/ead ( 9 its biological s5se4 #c ,patriotism ,if aga9 !re 7 any evid5ce to %[ t w> & w> alone kept alive ! _s ( true patriotism1 x w\ld be less easy to d5\nce its manifold wick$ness4 ,= true patriotism1 al?\gh l all passionate emotion x involves a c]ta9 m5tal di/ortion1 a slight di/urbance ( ! rational orbit1 is yet "o ( ^? happy diseases :i* relieve ! col\rlessness ( /rict normality4 ,x is a magic1 a glam\r1 ( ! nature ( p]sonal affection1 :i* only great poetry c fully express1 & volumes ( bad poetry _c q de/roy4 ,x has besides a real political value1 b9d+ ! ,/ate toge!r1 & giv+ x a /rong] moral coh]5ce ?an c be atta9$ by any legal or con/itutional au?ority2 a fact t is illu/rat$ by ^? di/ressful c\ntries 9 :i* its limits are n cont]m9\s ) ! political b\nd>ies ( ! ,/ate4 ,i am incl9$ to ?9k t j because true patriotism is ( ! nature ( a p]sonal affection1 x is an emotion t _c be inspir$ by an empire1 any m ?an p]sonal affection c be inspir$ by a corporation or a jo9t-/ock company4#ad ,c]ta9ly ,imp]ialism m (t5 gives rise to a s5tim5tal wor%ip ( =ce & a c]ta9 promiscu\s lu/ = m]e ext5sion ( t]ritory :i* are q ali5 to ! /eady devotion ( ! patriot to ! l& he kn[s4#ae ,unless "o be a poet1 x is difficult1 z may p]haps be ga!r$ f ! prec$+ p>agraph1 suffici5tly to praise g5u9e patriotism )\t fall+ into vague rhetoric4 ,b ,i submit t !re is no?+ to %[ t ?is political emotion is creat$1 /imulat$1 or ev5 discov]$ by w>4 ,actually x seems t ! rev]se is ! case1 if "o may judge by ! fact t w> is inv>iably accompani$ by an ov]:elm+ outbreak ( e spuri\s =m ( patriotism t 0 ev] inv5t$ by ! devil to make an hone/ man a%am$ ( 8 c\ntry4 ,true patriotism is a calm & lovely ori5tation ( ! _s t[>ds ! vital beauty ( ,engl&4 ,x has no noisy manife/ations & consequ5tly "o may n be able to f9d x among ! cr[ds :o %\t mo/ l\dly = w>4 ,"o f9ds in/ead a sort ( viol5t fev] & cal5ture :i* n m]ely deflects1 z any emotion may1 b totally inhibits ! rational op]ations ( ! m9d4 ,! newspap]s supply a legion ( witnesses4 ,?us ! ,ev5+ ,/&>d p]orates aga9/ "s pacifici/ lectur] 7:o _h attempt$ to cle> 8 views f all sorts ( misrepres5tations7 ) ! magnific5t comm5t t he _h n repudiat$ 8 rem>ks z to ! pleasure :i* ! tune ( ! ,au/rian ,national ,an!m gave him4#af ,b ,i %\ld we>y y 7 ,i to transcribe a ti! ( ! /upid rem>ks made by p]sons 9 au?ority "u ! influ5ce ( w>4 ,! record1 ,i believe1 9 ,engl& is held at pres5t by ,mr4 ,bodk91 ,k4,c4 ,x may be said ( c\rse t m51 & newspap]s1 are equally /upid 9 "t ( peace2 & ,i fe> t fundam5tally ?is is true4 ,w> does n *ange _! nature1 b only br+s to ! bubbl+ surface ! dregs & vil5ess & scum4 ,w> does n *ange any "o's nature2 & t is :y x is va9 to expect t "u its influ5ce ^? cr[ds w love _! c\ntry :o nev] lov$ any?+ be=e4 ,b if w> _c create x may at lea/ be suppos$ to discov] & te/ ! exi/5t patriotism ( ! nation4 ,& ?is supposition is corroborat$ at fir/ sight by ! realisation t hundr$s ( ?\s&s1 t actually millions ( previ\sly ord9>y "y m5 h impli$ by enli/+ _! will+ness to die = ,engl&4 ,"o might1 ( c\rse1 reason t no individual recruit really believes he is go+ to be kill$1 t ea* boy ?9ks he w be "o ( ! lucky ones :o escape all ! bullets unhurt to enjoy an hon\r$ return1 t recruit+ w\ld h fail$ entirely if ! b>racks 7 explicitly a grave & enli/m5t ! c]ta9ty ( viol5t dea? or mutilation4 ,b someh[ ,i don't ?9k t w\ld be a fair argum5t4 ,x is m p]t95t if less easy to rememb] t a read9ess to die = "o's c\ntry is n ! highe/ =m ( political virtue4 ,if x be1 z x is1 a solemn & wond]ful ?+ to be will+ to die = ! salvation 7ex hypo!si7 ( ,engl&1 x mu/ be mu* m wond]ful & solemn to be will+ to die 9 ord] slightly to increase ! income ( "o's family4 ,& e s*oolboy kn[s t ! ,*9aman ( ! old regime 0 will+ to h 8 head cut (f = ! paym5t ( a few doll>s to 8 next ( k94 ,let no "o ev] d5y our soldi]s ! hon\r ( _! c\rage & nobility2 b ! fact rema9s t ! read9ess to die = ,engl& is a less adequate te/ ( patriotism ?an a read9ess to live = ,engl&2 & if ! read9ess to live = ! ,/ate r ?an = private int]e/s _h be5 = a hundr$ ye>s a social virtue ^: vot>ies c\ld be numb]$ by ! million1 !n inde$ ,engl& w\ld be to-day a nation wor? dy+ =4 ,,footnotes3 ,footnote #ad3 ,if anyone 7 to sugge/ t ?is is disprov$ by ! unp>allel$ nobility ( ,au/ralians1 ,new ,zeal&]s1 ,canadians & ,indians 9 ! pres5t campaign1 ,i %\ld reply t !y are actuat$ by devotion n to ! ,empire b to ,engl&1 n to ! ,company b to ! ,*airman ( ! ,company4 ,?is may be a quibble1 b ,i ?9k ! di/9ction is real4 ,anyh[1 ,i leave x at t1 z ! po9t has no prim>y relevance4 ,footnote #ae3 ,see bel[1 ,*apt] ,,iv1 #e4 ,footnote #af3 ,! p>agraph is wor? pres]v+ 9 its entirety3 ,mr4 ,w4 ,n4 ,ew]1 :o lectur$ at ,f9*ley = ! ,union ( ,democratic ,control1 has expla9$ t ! report :i* we publi%$ ( 8 spee* is unfair1 & t he is really 9 sub/antial agreem5t ) ,mr4 ,asqui?4 ,?is is dis+5u\s1 & ,mr4 ,ew] kn[s x is4 ,he has n repudiat$ ! correctness ( ! report1 :i* /at$ t he dilat$ on ! dang] ( ,briti% navalism1 & decl>$ t we mu/ give up s++ ',rule ,britannia6' nor has he repudiat$ 8 rem>ks z to ! pleasure :i* ! tune ( ! ,au/rian ,national ,an!m gave him4 ,does he ?9k t ,mr4 ,asqui? w\ld sub/antially agree ) t8 ,or ! c\ntry8--,! ,ev5+ ,/&>d1 ,july #bf1 #aiae4 #d ,! ,moral ,te/ ,! !ory t w> is b5eficial z a moral te/1 a furnace 9 :i* "* is prov$--ut fulvum spectatur 9 ignibus aurum--is t g5]ally adopt$ by ! ,*ri/ian ,*ur*es1 :o may be said )\t disrespect to h tak5 e advantage ( _! f\nd]'s unique ref]5ce to ! sword4 ,i _c help ?9k+ t !re is some?+ fundam5tal 9 ?is ecclesia/ical advocacy ( w>2 t "s psy*ological !ory c\ld be outl9$ to correlate ?is almo/ uni=m advocacy ) ! facts t su* religi\s m5 z ,t5nyson & ,rusk9 7 among ! l\de/ 9 _! support ( ! ,crimean ,w>1 t su* a milit>i/ z ,rudy>d ,kipl+ 9 8 be/ "w 79 ,kim1 9 ,puck ( ,pook's ,hill & ! int]calat$ poems1 9 ! mo/ successful ( 8 %ort /ories7 %[s himself to be at he>t a deeply religi\s my/ic2 & t 9 ,france ! v active ,cl]ical p>ty1 "o consequ5ce ( a dise/abli%$ ,*ur*1 is always closely support$ by ! ,*auv9i/s4 ,9 _m cases1 h[ev]1 ,i h no d\bt t ! pi\s ,*ri/ian1 f9d+ himself confront$ ) w>1 & n hav+ ! moral c\rage or ! political deta*m5t to condemn x1 only applies automatically to its ju/ification ! argum5ts :i* he habitually uses to expla9 ! exi/5ce ( evil & pa94 ,x is c]ta9 at lea/ t ! !ories ( w> z a ,moral ,te/ or a ,s*ool ( ,"* be> a /rong resemblance to ! commonplaces ( religi\s consolation :i* almo/ any good ,*ri/ian w (f] to ! b]eav$ & afflict$4 ,any "o :o has se5 an innoc5t fri5d sl[ly tortur$ to dea? by "s vile disease w "k ! futility ( ! ,*ri/ian def5ce 7= ^! religi\s consolations am\nt !ologically to a def5ce7 t pa9 ennobles ! "* & proves ! moral c\rage ( ! suff]]4#ag ,! lead+ fallacy ( ! def5ce t w>1 or pa91 is valuable z a moral te/ is ak9 to ! common misund]/&+ ( ! ^w prove 9 ! say+ t ! exception proves ! rule2 ! tru? be+ t a /rong & noble "*1 "o ( ^: coroll>y qualities is a capacity to be> pa91 is n less /rong & noble if x is nev] call$ ^u to ex]cise t capacity4 ,! ,san ,francisco e>?quake 0 n a bless+ 9 disguise because x happ5$ to te/ & prove ! /r5g? & flexibility ( mod]n ,am]ican ar*itecture4 ,,footnotes3 ,footnote #ag3 ,i _c help reproduc+ "h a lett] :i* orig9ally appe>$ 9 ! ,man*e/] ,gu>dian at ! "t ( ! ,bo] ,w>1 & is quot$ by ,mr4 ,norman ,angell 9 ,! ,great ,illusion1 p4 #bha4 ,,sir1--,i see t ',! ,*ur*'s ,duty 9 ,reg>d to ,w>' is to be discuss$ at ! ,*ur* ,congress4 ,?is is "r4 ,= a ye> ! heads ( our ,*ur* h be5 tell+ u :at w> is & does--t x is a s*ool ( "*2 t x sob]s m51 cleans !m1 /r5g!ns !m1 knits _! he>ts2 makes !m brave1 pati5t1 humble1 t5d]1 prone to self-sacrifice4 ,wat]$ by 'w>'s r$ ra91' "o ,bi%op tells u1 virtue gr[s2 a cannonade1 he po9ts out1 is an 'oratorio'--almo/ a =m ( wor%ip4 ,true2 & to ! ,*ur* m5 look = help to save _! s\ls f />v+ = lack ( ?is good s*ool1 ?is k9dly ra91 ?is sacr$ music4 ,congresses are apt to lose !mselves 9 wa/es ( words4 ,?is "o mu/ n1 surely _c1 s /raight is ! way to ! goal4 ,x has simply to draft & submit a new ,collect = w> 9 our "t1 & to call = ! rev]5t b firm em5dation1 9 ! _s ( ! be/ mod]n ?\ght1 ( ^? passages 9 ,bible & ,pray] ,book by :i* ev5 ! true/ ( ,*ri/ians & ! be/ ( m5 h at times be5 bl9d$ to ! duty ( seek+ w> & ensu+ x4 ,/ill1 man's moral nature _c1 ,i admit1 live by w> alone2 nor d ,i say ) "s t peace is :olly bad4 ,ev5 amid ! horrors ( peace y w f9d little %oots ( "* f$ by ! g5tle & timely ra9s ( plague & fam9e1 tempe/ & fire2 simple lessons ( pati5ce & c\rage conn$ 9 ! s*ools ( typhus1 g\t1 & /one2 n oratorios1 p]haps1 b homely an!ms & rude hymns play$ on knife & probe 9 ! long w9t] nights4 ,f> f me to 's9 our m]cies1' or to call m]e twilight d>k4 ,yet d>k x may become2 = rememb] t ev5 ^! poor make%ift s*ools ( "*1 ^! second-be/s1 ^! halt+ sub/itutes = w>--rememb] t ! effici5cy ( e "o ( !m1 be x hung]1 accid5t1 ignorance1 sickness1 or pa91 is m5ac$ by ! intol]able /ra9 ( its /ruggles ) secul> doctors1 plumb]s1 inv5tors1 s*oolma/]s1 & policem54 ,e ye> ?\s&s :o w\ld once h be5 brac$ & /eel$ by manly tussles ) small-pox or diph!ria are robb$ ( t bless+ by ! great *anges made 9 our dra9s4 ,e ye> ?\s&s ( wom5 & *ildr5 mu/ g _! way b]eft ( ! ri* spiritual exp]i5ce ( ! wid[ & ! orphan4 #e ,trade ,i %all nev] =get ! tones ( ho>se satisfaction ) :i* a v5dor ( ! ,ev5+ ,news di/urb$ ! twilight ( a ,may ev5+ 9 ,london1 triumphantly proclaim+ a ,great ,troop ,tra9 ,disa/]4 ,i _h (t5 notic$ ) :at app>5t joy ! newspap]s ann\nc$ ! s9k+ ( a ,briti% cruis]2 ) :at entirely neutral delight !y welcom$ or inv5t$ ! report ( ,t]rible ,slaught] on ei!r side4 ,b someh[ t ho>se & ruf\s man ) ! loose lip rema9$ 9 my memory & became = me a type ( "o elem5t 9 ! population to :i* w> 0 n unwelcome2 ! j\rnali/ic elem5t t lives by exploit+ ! sadi/ic curiosity1 ! crav+ = mean excitem5ts1 & all ! gladiatorial in/9ct ( ! mod]n _w4#ah ,x soon became cle> t ! newspap]s 7 n alone 9 ! comm]cial exploitation ( w>4 ,!y 7 n ev5 ! wor/ (f5d]s4 ,! publi%]s 7 hurri$ly produc+ volume aft] volume ( fak$ memoirs badly writt5 by imag9>y gov]nesses4 ,! production ( spuri\s memoirs & autobiographies1 ev5 if !y are skilfully compos$1 is always grossly immoral2 & ( ! specim5s occasion$ by ?is w> "o may say t if !y _h be5 g5u9e x w\ld h be5 possible to attribute ! l[ morality ( "s ,g]manic pr9ces to ! lit]>y /yle ( ! ,engli% gov]nesses :o _h _h a %>e 9 _! education4 ,! cat*p5ny manoeuvres ( publi%]s are really only a bran* ( j\rnalism1#ai & su* trivial (f5ces 7 n1 aft] all1 unexpect$1 because ! v pr(ession ( j\rnalism is to take advantage4 ,b ! j\rnali/ is a man ( /raw :o %[s :i* way ! w9d bl[s1 & 8 rauc\s exultation ov] disa/] 0 ! manife/ symbol ( a comm]cial exploitation ( w> by tradesm5 & speculators :i* soon became s5sible f "o end ( bellig]5t ,europe to ! o!r4 ,l ! ,vali ( ,aleppo1 ,i am n good at /ati/ics4 ,x is well kn[n h[ev] )\t ! assi/ance ( a ma!matician t 9 ,engl& dur+ ! w9t] ( #aiae1 :5 ! co/ ( liv+ _h already ris5 by ne>ly #ej p] c5t1 :olesale deal]s (t5 kept provisions ( all sorts rott+ 9 _! /ores r ?an break ! artificial sc>city !y _h creat$2 f>m]s w\ld n sell fre% eggs :5 ! price 0 twop5ce-halfp5ny1 because !y knew t 9 a week or two ! price = ! same eggs w\ld h ris5 to ?reep5ce4 ,"h is a c>toon f a ,hung>ian pap]#bj %[+ ! bloat$ pr(ite] ( ,! ,sug> ,tru/ laugh+ at ! wom5 :o feebly attack 8 b>ricade ( sug> loaves4 ,i m5tion x "h because x is suffici5tly remote f ,engli% affairs1 & because x happ5s to come to h&1 & because x is a good fragm5t ( evid5ce1 !re be+ no reason :y sug> %\ld be sc>ce 9 ,hung>y z an imm$iate result ( ! w>4 ,& f e c\ntry betwe5 ,engl& & ,hung>y1 f e c\ntry 9 ,europe1 c be he>d ! same compla9t1 unmi/akable b h[ mu* too feeble1 ! cry ( ! p :o discov] t "o ( ! horrors ( w> is ,trade4#ba ,,footnotes3 ,footnote #ah3 ,cf4 ! pres5t writ]'s introduction to ,:yte-,melville's ,gladiators 9 ,ev]yman's ,libr>y1 #aiaa4 ,footnote #ai3 ,x 0 c]ta9ly1 = example1 ! ,headl9e ,in/9ct :i* caus$ ,mr4 ,john ,lane1 a publi%] ( "s repute1 to impose on ,mr4 ,=d ,madox ,hueff]'s novel ,! ,sadde/ ,/ory1 "o ( ! mo/ rem>kable novels ( ! c5tury1 su* an absurdly irrelevant title z ,! ,good ,soldi]4 ,! ,good ,soldi] 0 publi%$ 9 ,april1 #aiae4 ,! evid5ce t ! publi%] mu/ h *ang$ ! title j be=e publication is t an in/alm5t ( x _h appe>$ s]ially z ,! ,sadde/ ,/ory 9 ! summ] ( #aiad1 & t z ,! ,sadde/ ,/ory x actually figur$ 9 ,mr4 ,john ,lane's catalogue at ! end ( ! book4 ,footnote #bj3 ,matyas ,diak ( ,budape/4 #f ,trade 9 ,"t ( ,peace ,x w\ld n h[ev] be correct to inf] t ! sacrifice ( national welf>e to comm]cial manoeuvres is a condition peculi> to w>4 ,mod]n comm]ce is ess5tially an art2 ! art ( mak+ p pay m ?an !y are wor? = ?+s :i* !y d n require4 ,& x is ) all ! selfi%ness ( ! arti/ t x p]=ms its usual op]ations4 ,among all ! unpubli%$ detail ( mod]n life h>dly any class ( facts is m disquiet+ ?an t ( comm]cial proc$ure & a*ievem5t4 ,! subject is too l>ge to be review$ 9 less ?an a volume2 & ,i c d no m "h ?an sugge/ a few in/ances t might be acquir$ by anyone :o devotes 8 "t to n read+ ! daily pap]s4 ,! di/ribution & ex*ange ( commodities are necess>y to ! exi/5ce ( ! ,/ate2 s necess>y t x might be suppos$ t _! regulation w\ld be "o ( ! prim>y functions ( gov]nm5t4 ,prop] sy/ems ( di/ribution & ex*ange correspond to ! dige/ive processes ( ! body1 on :i* dep5d ! prop] nutrition ( all ! p>ts & ! real prosp]ity ( ! ,/ate z a :ole2 yet any compreh5sive plan = _! control is /ill reg>d$ z ! mo/ unatta9able dream ( ,utopia1 & !y are left to c>ry on z be/ !y c 9 ! int]/ices ( private acquisitiv5ess4 ,national well-be+ is n to be measur$ by m]e volume ( trade1 :i* is ! means & n ! ess5ce ( prosp]ity2#bb & prosp]ity c c]ta9ly nev] exi/ :5 equitable di/ribution is h9d]$ by a sort ( fatty deg5]ation ( capitalism4 ,b trade 9 itself is a necess>y alim5t ( ! ,/ate1 & its abuses ought n to be beyond rem$y4 ,a few ( ^! abuses are fairly obvi\s )\t a full inquiry1 & may be illu/rat$ "h because _! exi/5ce 9 "t ( peace may ?r[ light on ! op]ations ( trade 9 bellig]5t /ates1 & indirectly1 by sugge/+ a few ( ! results ( w>1 may lead u to "s ( its motives & occasions4 ,su* abuses may be mo/ easily id5tifi$ 9 opposition to ! national rights :i* !y infr+e4 ,,footnotes3 ,footnote #ba3 ,s 9 ,g]many ! fix+ ( maximum prices = pigs & potatoes 0 imm$iately foll[$ by an almo/ complete )drawal f ! m>ket ( potatoes & pigs--! ,g]man f>m]s refus$ to sell except at _! own inflat$ prices4 ,cf4 quotations f ! ,g]man ,press 9 ,! ,new ,/atesman ( ,janu>y #bi1 #aiaf4 ,footnote #bb3 ,ces *oses sont plutt des moy5s que l'on emploie p\r travaill] faire prospr] l',etat qu'ils ne sont l'ess5ce de sa prosprit4--,r\sseau1 ,political ,writ+s1 ,i1 #cde 7,c4 ,e4 ,vaughan's edition74 #g ,duties ( ,comm]ce to ! ,/ate ,! ,/ate has a prim>y "r to be fairly s]v$4 ,prices %\ld n be arbitr>ily rais$ by any :olesale m]*ant :o happ5s to be 9 a position to d s1 or by any c>tel ( deal]s 9 league = t purpose4 ,prices %\ld be regulat$ by ! co/ ( production1 & %\ld n be an indication ( dem&2 !y %\ld rise beyond ! co/ ( production augm5t$ by a fair pr(it only :5 ! supply is insuffici5t 7production n be+ artificially re/ra9$7 to meet "s abnormal dem&1 & only z a means ( *eck+ & regulat+ ! excessive dem&4 ,we f9d in/ead t any deal] or gr\p ( deal]s w raise _! prices almo/ abs5t-m9d$ly z soon z !y are 9 a position to meet a dem& :i* _c be po/pon$4 ,?us x is t gov]nm5ts are habitually ov]*>g$ 9 all _! contracts & pur*ases2 because gov]nm5ts h nei!r ! "t nor ! opportunity = casual deal+s1 & because !y d n und]take su* transactions at all unless _! absolute necessity has already be5 decid$4#bc ,s at ! beg9n+ ( ! w> ,engli% w>eh\ses 7 full ( all sorts ( commodities requir$ by ! gov]nm5ts ( ! ,allies2 b ! urg5cy ( w> prev5t$ any sort ( b>ga9+2 & ! private m]*ants took advantage ( ! situation to ! am\nt ( ab\t two hundr$ p] c5t4 ,at pres5t h[ev] ,i am deal+ ) trade 9 "t ( peace & ,i mu/ n flav\r ! ord9>y facts ) any consid]ation ( ,w> ,(fice contracts4 ,x is en\gh to /ate ! fact t 9 ord9>y times ! private tradesman reg>ds a special dem& z an opportunity = rais+ prices r ?an z ! /imulus ( supply2 a rule :i* is mo/ easily detect$ 9 ! exp]i5ce ( ,gov]nm5t dep>tm5ts4 ,! ,/ate1 ?r\gh its individual citiz5s1 has a prim>y "r to obta9 ! p>ticul> commodity :i* x happ5s to pref]1 )\t re/rictions impos$ = ! b5efit ( any p>ticul> tradesman4 ,we f9d in/ead t ! ord9>y pur*as] no long] has any effective1 or selective1 dem&4 ,he has to buy :at he is giv54 ,! in=mal organisation ( ! ,tru/ sy/em1 prim>ily a f9ancial op]ation1#bd has involv$ ! :ole m>ket 9 a network ( int]dep5d5t indu/ries4 ,! sale ( ! f9i%$ product is controll$ & re/rict$ by ! v5dors ( ! raw mat]ial4 ,corn is import$ by %ipbuild]s2 %ips are built by iron m]*ants2 iron furnaces are controll$ by coal own]s1 & coal m9es are secur$ by money-l5d]s4 ,! sy/em ( ! ti$ h\se1 orig9ally an indig5\s corruption ( ! liquor trade1 is be+ ext5d$ to e indu/ry 9 ! l&4 ,we c no long] buy ! bread we l1 b h to eat :atev] by-product lea/ int]f]es ) ! mill]'s pr(its4 ,! consum]'s loss ( any p[] ( effective dem& w\ld n necess>ily be ( national importance1 if at lea/ !re 7 any gu>antee t ! unique commodity (f]$ by ! av]age tru/ sy/em 7 g5u9e & ( good quality4 ,"o ( ! ,/ate's mo/ elem5t>y rights is t ( ensur+ to its citiz5s a pure supply ( elem5t>y commodities4 ,yet ,comm]ce has tak5 no /eps1 ev5 9 its own int]e/s1 to suppress ! horrid arts ( adult]ation1 9 :i* ! motives ( ! ?ief usurp ! me?ods ( ! poison]1 ) results :i* may be inf]r$ f ! meagre *ronicles ( ! analy/4#be ,education is ! life ( ! ,/ate4#bf ,x is !re=e ( ! grave/ importance t ,comm]ce %\ld 9 no circum/ances :atev] be all[$ to int]f]e ) ! education ( ! future citiz5s4 ,yet1 be=e ! w>1 9 spite ( ! legislation ( ! la/ fifty ye>s1#bg no less ?an a qu>t] ( a million *ildr5 ( s*ool age 7 exempt$ f s*ool att5dance = employm5t 9 v>i\s occupations4#bh ,ev5 ap>t f su* improp] exemptions ! ,s*ool ,age fix$ by law 9 itself gives q insuffici5t protection4 ,! bra9 ( a girl h>dly beg9s to wake up1 or take any natural int]e/ 9 ! acquisition ( g5]al ideas1 be=e %e comes to pub]ty4 ,b all ov] ,london girls ( ?irte5 or f\rte5 leave s*ool & are s5t by _! mo!rs to e>n half a cr[n a week mat*+ patt]ns or sew+ on sequ9s4 ,m g5]ally1 ! ,/ate is entitl$ to dem& f ,comm]ce t x %\ld co-op]ate s9c]ely ) ! o!r elem5ts 9 ! ,/ate 9 pursu+ ! real objects ( civilisation1 inspir$ by an altrui/ic reg>d = ! :ole ( :i* x is a "p1 t is by :at is really enlight5$ self-int]e/2 by :at ,plato has call$ ,temp]ance#bi & ,mr4 ,h4 ,g4 ,wells a s5se ( ! ,/ate4#cj ,we f9d in/ead t ! trad] has day & night held on indignantly 9 8 disa/r\s hunt = m>kets1 de/roy+ by accid5t or design :atev] am5ity 9 ! _w does n contribute to 8 "o aim1 "o bus9ess1 "o desire4 ,aft] all1 9 our pres5t pre-occupation ) ! horrors ( w>1 we mu/ n exagg]ate _! ext5t4 ,w> at its madde/ rivals b _c1 at pres5t1 surpass ! mortality caus$ by tub]culosis1 alcoholism & syphilis1 :i* peaceful ,comm]ce1 h& 9 h& ) ,*ri/ianity1 c>ries into ! remote/ p>ts ( ! e>?4 ,"s read] may h notic$ by ?is "t t ,i am n a collector ( /ati/ics1 b ga!r my illu/rations z ,i g f any scrap ( pap] t comes to h&4 ,x is a lazy trick2 b at any rate "o escapes ! fallacy ( ov]-elaborat$ evid5ce1 by call+ z witness ! man :o happ5s to be 9 ! /reet at ! mom5t4 ,s at ?is po9t ,i happ5 to notice 9 ! ,man*e/] ,gu>dian an extract f ! report ( ! ,resid5t ,commission] 9 ! ,gilb]t & ,ellice ,isl&s ,protectorate4 ,?is is :at x says ( ! natives3-- ,! cotton smock = wom5 & ! cotton tr\s]s & %irts = m51 :i* 9 ! m9d ( ! p seem n[ s indisp5sable to pr(ess$ ,*ri/ianity1 :ile r$uc+ ! endurance ( ! sk91 r5d] x ! m susceptible to ! *ills :i* wet clo?+ eng5d]s4 ,! result is colds1 pneumonia1 influ5za--ev5tually tub]culosis4 ,we may notice a n unexpect$ co9cid5ce :i* ! ,resid5t ,commission] app>5tly omits to m5tion4 ,x is t pr(ess$ ,*ri/ianity1 by insi/+ on ! propriety ( cotton g>m5ts = ! isl&]s hi!rto well clad 9 a film ( coco-nut oil & a riri or kilt ( f9ely work$ leaves1 is conf]r+ a v appreciable b5efit on ! ,man*e/] trade 9 cotton goods4 ,our colonial m>kets h /eadily gr[n1 says ! ,encyclopdia1 & w ye>ly become ( great] value4 444 ,on ! same day z ! issue ( ! ,man*e/] ,gu>dian j quot$ !re appe>$ 9 ! ,times ,lit]>y ,supplem5t a review ( ,canon ,c4 ,h4 ,rob9son's ,hi/ory ( ,*ri/ian ,missions1 a v s\nd introduction to a va/ & fasc9at+ /udy4 ,f ?is ,i ga!r t !re are few /ories m romantic ?an ! f\nd+ ( ! ,ug&a ,*ri/ian ,*ur* 9 ,briti% ,ea/ ,africa4 ,at fir/ progress 0 v sl[1 & 444 9 #ahij !re 7 sc>cely #bjj baptiz$ ,*ri/ians 9 ! c\ntry2 yet by #aiac ^? associat$ ) ! ,*ri/ian ,*ur*es 7 little %ort ( half a million4 ,s be=e ,europe has %[n _m signs ( convalesc5ce1 ,africa is already virul5tly infect$4 ,& our m>kets w ye>ly become ( great] value4 ,,footnotes3 ,footnote #bc3 ,see1 = in/ance1 ! ,report ( ! ,committee ( ,public ,acc\nts 7comm5t+ on ! extravagance ( ,admiralty & ,w> ,contracts71 summ>is$ 9 ,! ,times ( ,augu/ #ai1 #aiaf4 ,footnote #bd3 ,see ,orage1 ,national ,guilds1 p4 #agj ff4 ,footnote #be3 ,un=tunately ,i c f9d no au?ority = ! amus+ report t ! annual export ( w9e f ,p>is is great] ?an ! annual import4 ,footnote #bf3 ,t is1 ( c\rse1 ( ! mod]n or democratic /ate4 ,democracy & education are int]dep5d5t4 ,footnote #bg3 ,z a matt] ( fact1 no s]i\s attempt to protect *ildr5 0 made be=e ! ,factory & ,work%ops ,act ( #ahgh4 ,footnote #bh3 ,s9ce ! w> !re h be5 ! mo/ det]m9$ attempts to de/roy all ! social legislation s pa9fully acquir$4 ,see ,g4 ,d4 ,h4 ,cole1 ,lab\r 9 ,w> ,"t1 pp4 #bed-bgd4 ,footnote #bi3 ,republic2 #dcb ,a4 ,greek3 arm\ia tiui sphrosun mitai1 k4t4l4 ,footnote #cj3 ,see ,! ,future 9 ,am]ica1 & ,new ,worlds = ,old1 passim4 #h ,re/rict$ ,sph]e ( ,gov]nm5t correspond+ to ,re/rict$ ,sph]e ( ,morality ,b to return to our %eep1 or r to ^? :o fleece !m1--!re is "o c>d9al pro( t trade1 9 s f> z x dep5ds on private ent]prise1 is a dang] to ! ,/ate1 & is recognis$ z su*4 ,x is t z soon z w> comes1 ! nation 9 dang] in/9ctively adopts :atev] measure ( ,socialism c be introduc$ dur+ ! tempor>y inhibition ( capitali/ic me?ods4 ,! actual com+ ( w> induces a brief panic 9 ! m>ketplace1 & dur+ ?is mom5t>y p>alysis ( private acquisitors ! ,/ate makes a desp]ate attempt to subdue _! activities to its own ne$s4 ,by ! m]e in/9ct ( self-pres]vation x clut*es at "s rudim5t ( ,socialism1 & makes a diffid5t ge/ure 9 ! direction ( nationalisation--7( ! railways1 = in/ance74 ,b ! capitali/s ( ,engl& c po9t ) pride to ! fact t !y v soon pull$ !mselves toge!r4 ,i hope to %[ 9 ! foll[+ *apt] t by ! "t ! w> 0 9 full sw+ !y _h made x _! own1 & _h bani%$ e trace ( socialism1 ) ! relics ( sanity & tru?1 to ! conf9es ( ! ,lab\r press4#ca ,b /ill ! dang] 0 = ! mom5t realis$1 & ! attempt 0 made1 ! desp]ate & unsuccessful attempt to pull & squeeze & b9d ! in/itutions ( capitalism into an organis$ sy/em ( political obligations4 ,x fail$ because ! v abuses & intemp]ances ( our comm]cial sy/em are a sign t ! sph]e ( gov]nm5t has n exp&$ ) ! gr[+ complications ( ! mod]n community4 ,nev]!less ! attempt 0 made3 b no correspond+ ef=t is be+ made to ext5d ! sy/em ( moral obligations 9 :i* we live4 ,= x is j z ! sph]e ( morality is unduly re/rict$ & fails to correspond to ! ne$s ( humanity1 t1 on ! political plane1 ! unduly re/rict$ sph]e ( gov]nm5t has nev] be5 ext5d$ to include all ! int]relations ( indu/rial citiz5%ip4 ,capitalism is a survival ( ! p5ultimate /age ( political developm5t1 z w> is a survival ( ! p5ultimate /age ( morality4 ,! attempts bo? spasmodic & cont9u\s to ext5d ! sph]e ( gov]nm5t1 :i* n[ beg9 to affect ne>ly all s]i\s legislation1 mu/ rema9 incomplete )\t an analog\s & inde$ coroll>y expansion ( ! moral sy/em :i* w involve ! obsolesc5ce ( w>4 ,,footnotes3 ,footnote #ca3 ,?is seems to apply to all bellig]5t /ates4 ,c]ta9ly v little sanity f9ds its way into ,g]many except ?r\gh ! pages ( ,vorwa]ts4 ,x is !re=e humiliat+ to be told t ,vorwa]ts has a mu* l>g] circulation ?an any sociali/ pap] 9 ,engl&4 ,,*apt] ,,iii ,h9c usura uorax auidumque 9 tempora f5us et concussa fides et ,,multis ,,utile ,,bellum4 ,lucan1 ,i1 #aha4 ,individuals are con/antly try+ to decrease supply = _! own advantage4--,fabian ,essays1 #ahhi1 p4 #ag4 #a ,trade dur+ ! ,w> ,trade dur+ ! w> seems to h _h a rem>kably good "t4 ,9 ! fir/ ye> ( w>f>e ,i began to collect a few facts 9 support ( :at !n seem$ ! p>adoxical view t w> 01 9 ess5ce if n 9 orig91 a v pr(itable capitali/ic manoeuvre2 a view d$uc$ f ! op9ion ,i _h =m$ a priori ( ! nature ( all mod]n w>f>e4#cb ,in/ead ( a few corroborat+ voices ,i f\nd te/imony abundant 9 e pap] ,i pick$ up1 besides ! live evid5ce receiv$ 9 private lett]s & conv]sations4 ,?is pamphlet be+ r philosophic ?an /ati/ical1 ,i h tak5 ! easy c\rse ( pr9t+ a selection ( ^! te/imonies1 crude & undige/$1 9 an app5dix--a cold /orage ( facts & figures t all[s me to repeat ) a quiet consci5ce t trade is boom+4 ,! great] ! w>1 app>5tly1 ! great] ! pr(its4 ,9 ! words ( ! ,man*e/] ,gu>dian3-- ,! fir/ full cal5d> ye> ( w> has be5 a p]iod ( unp>allel$ indu/rial activity &1 g5]ally speak+1 prosp]ity 9 ?is c\ntry4 ,heavy losses & bad times h be5 enc\nt]$ 9 a few important indu/ries1 b ^! are balanc$ by unprec$5t$ pr(its made by a l>ge v>iety ( indu/ries1 :e!r directly or indirectly affect$ by ! w>4#cc 444 ,b x w\ld be a mi/ake to suppose t1 :ile w> manufactures prosp]$1 all o!r ,,footnotes3 ,footnote #cb3 ,see1 = in/ance1 my article ,a ,footnote to ! ,balkan ,w>1 publi%$ 9 ! ,asiatic ,review = ,july #a1 #aiad4 ,?is op9ion is !re express$ 9 ! foll[+ words :i* ,i /ill ?9k sub/antially true1 ?\gh "o or two phrases are rhetorically exagg]at$4 ,engl& & ! re/ ( ,we/]n ,europe h outgr[n by ab\t ?ree hundr$ ye>s ! "t 9 ! developm5t ( nations :5 fight+ is natural & ev5 necess>y4 ,engl&1 ( c\rse1 cont9ues to contemplate w>1 & to be bluff$ by ! ?reat ( w> 9 ! circumlocutions ( diplomacy4 ,b h] national welf>e no long] requires w>2 &1 if %e ev] und]takes x1 x w be at ! bidd+ ( m]*ants & usur]s1 :o d n repres5t ev5 ! bas] in/9cts ( ! specifically national _s1 b are :olly =eign & p>asitic4 ,on t occasion ! ,daily ,mail & ! ,=eign ,(fice w no d\bt assure ! ,briti% p t ! w> 9 "q involves ! :ole hon\r & welf>e ( ! ,/ate2 & ! p w believe x4 ,b x w n be true4 ,= ,engl& is happily n1 or n yet1 a nation ( %opkeep]s2 & x w be only ! %opkeep]s ^: welf>e is conc]n$4 indu/ry langui%$ & decay$4 ,to prove ! contr>y & %[ t only "h & !re 7 !re heavy losses1 we may quote "s figures compil$ by ! ,economi/4444 ,& s =?4#cd ,to ?is ,i w add only two typical p>agraphs z a text = my subsequ5t rem>ks1 z ,i believe !y sugge/ ! g5]al economic process :i* enri*es ! p>ticul> indu/ries to :i* !y ref]4 ,! fir/ is tak5 f ! ,sunday ,pictorial1 ( all pap]s4#ce ,imm5se increases 9 ! pr(its ( two %ipp+ companies are1 z a result ( ! ceaseless rise 9 freights1 disclos$ 9 ! reports ( two ,newca/le l9es publi%$ ye/]day4 ,! high co/ ( freights is l>gely responsible = ! de>ness ( food1 coal1 & o!r necessities ( life4 ,! gross pr(its ( ! ,cairn ,l9e ( ,/eam%ips1 ,ltd41 am\nt$ to #bib1ajh1 & ! net pr(its1 aft] d$uct+ ! special w> taxation & o!r items1 7 #afb1fhi4 ,a divid5d ( #aj p] c5t1 ) bonus ( #ds4 p] %>e1 is recomm5d$4 ,?is makes a total ( #cj p] c5t1 free ( income tax1 z aga9/ #aj p] c5t la/ ye>1 :5 ! total pr(its am\nt$ to #ig1cce4 ,less ?an half ( ?is company's capital is paid up1 ! total au?oris$ be+ #fjj1jjj2 !re are also deb5tures ( ab\t #aej1jjj4 ,! next quotation is f ! ,new ,/atesman3--#cf ,glasg[ is exce$+ly prosp]\s1 & iron & /eel manufactur]s tell me t ! next ?ree or f\r ye>s1 peace or w>1 mu/ mean a p]iod ( prosp]ity = !m4 ,gov]nm5t ord]s n[ absorb s l>ge a proportion ( output t outside requirem5ts are simply n be+ met4 ,ow+ to ! sc>city ( %ipp+ ?is defici5cy is n be+ fill$ by imports f ,am]ica 7! only o!r possible s\rce ( supply71 s t unfill$ ord]s are accumulat+4 ,a waggon manufactur] told me he _h suffici5t "w 9 sight to keep him go+ = five ye>s4 ,x mu/ be rememb]$ t "p ( ! co/ ( ! w> is be+ met tempor>ily by depreciation--railway tracks1 roll+ /ock1 locomotives1 etc41 to m5tion only "o indu/ry1#cg n be+ replac$ z !y we> out1 or be+ ma9ta9$ to ! m9imum degree necess>y4 ,?is means t1 al?\gh less obvi\s ?an ! recon/ruction ( ru9$ p>ts ( ,belgium1 ,france1 ,pol&1 & ,ea/]n ,prussia1 repairs & replacem5ts aggregat+ _m millions /]l+ 9 co/ w h to be c>ri$ out aft] ! w> 9 c\ntries t h n be5 invad$4 ,a peace boom 9 ! iron & /eel & %ipbuild+ trades appe>s c]ta94 ,"h1 be=e pass+ on to m g5]al consid]ations1 we may notice incid5tally--x is br\ght out 9 ! fir/ quotation--t ! taxation ( w> pr(its r$uces !m proportionately b c nev] annul or q ov]take !m4 ,t is suffici5tly obvi\s2 b ! fact mu/ be prelim9>ily emphasis$ because x is q commonly assum$ t ! m]e imposition ( a tax ( #ej or #fj or #ge p] c5t automatically solves ! problem ( w> pr(its4 ,z a matt] ( fact1 taxation s f> f solv+ ! problem leaves x ess5tially un*ang$1 & really connives at & recognises ! practice4 ,! problem rema9s1 9 spite ( taxation1 t "o section ( ! nation is enri*$ by a process :i* necessitates ! mis]y & dea? ( o!r sections4 ,we may !re=e 9 a broad discussion ( ! problem leave out ( acc\nt ! propos$ & adopt$ palliatives ( taxation4 ,secondly1 we may notice--?is is br\ght out 9 ! second quotation--t pr(its directly produc$ by ! w> are n limit$ to ! p]iod ( ! w>4 ,?is aga9 is really axiomatic1 be+ only ano!r =m ( ! platitude t x takes long] to con/ruct ?an to de/roy3 b x means t ev5 a %ort w> ( suffici5t int5sity w ensure a long p]iod ( pr(its1 & !re=e x noticeably aggravates ! conclusions to :i* ,i hope to lead4 ,a fundam5tal po9t is t ! pr(it on freights1 excus$ imm$iately by ! de/ruction ( %ipp+1#ch leads indirectly to pr(its on su* o!r commodities z food & coal1 n only on acc\nt ( ! actual sc>city result+1 b also because any reason = increas+ prices is made a pretext = increas+ pr(its4 ,b ! sc>city ( all g5]al commodities is caus$ n only indirectly by ! prim>y sc>city ( %ips1 b also directly by ! same conditions ( w>f>e z ^? :i* affect %ipp+4 ,t is to say1 j z ! int5sifi$ activity ( ! nation at w> creates a liveli] dem& = %ips1 s x also creates a great] dem& = all ! ord9>y commodities ( liv+3 & j z w> by de/roy+ %ips r$uces ! available supply1 s by its g5]al de/ructiv5ess x r$uces ! supply ( o!r commodities3 & j z w> by de/roy+ %ips makes extraord9>y pr(its = %ip[n]s1 s by de/roy+ tables & teacups x makes unusual pr(its = ! mak]s ( tables & teacups4 ,9 %ort1 de/ruction creates dem&1 & dem& gives occasion = pr(it4 ,?is is a disquiet+ /atem5t2 because ?\gh "o might hesitate to d$uce f x t any p>ticul> m]*ant mu/ be 9 8 comm]cial capacity a consci\s advocate ( w> = ! sake ( ga91 x c]ta9ly sugge/s t ! body ( trade mu/ automatically & by a sort ( in/9ct ( self-pres]vation be an elem5t 9 ! nation t makes = w>4 ,t is ! k]nel ( my !sis2#ci & x is c]ta9ly a happy co9cid5ce t ! possibility ( its tru? seems at la/ to be dawn+ on ano!r writ]1 & "o m exp]t ?an myself 9 ! h&l+ ( comm]cial !ory4 ,on ! v morn+ aft] ! la/ few s5t5ces 7 writt5 ! foll[+ p>agraph occurr$ 9 ,mr4 ,emil ,davies' ,city article 9 ! ,new ,/atesman3--#dj ,x is only z ! reports & acc\nts = #aiae come out t a correct idea c be =m$ ( ! b5efit ?is cata/rophic w> has be5 to ! majority ( our l>ge indu/rial conc]ns4 ,! foll[+ is a li/ ( companies ^: reports & acc\nts h appe>$ dur+ ! pa/ few days4 ,! diff]5ce betwe5 ! pr(its = ! two ye>s %[n is ev5 great] ?an appe>s1 = 9 practically e case ! #aiae pr(it is /at$ aft] all[+ = ! excess pr(its tax1 additional depreciation or extra res]ves1 mo/ companies n[ adopt+ ^! & o!r devices to r5d] less conspicu\s _! w>-"t prosp]ity4 #aiad #aiae ,smi?field & ,arg5t9e ,meat ,co4 #be1gcb #adb1jee ,w>+ & ,gill[ #ce1bag #ajj1hhe ,projectile ,co4 #cj1gci #aid1acf ,lan>k%ire ,/eel #bh1add #de1ihe ,fr$]ick ,leyl& ,/eam%ip #ccg1ahh #a1aif1fhc ,su!rl& ,/eam%ip #id1fjj #bie1bjj ,w>+ & ,gill['s sudd5 prosp]ity is n due to any bett] bus9ess 9 ! ord9>y furniture trade1 b to w> contracts4 ,! ,projectile ,company figures are a/oni%+ ev5 = an armam5t company2 aft] apply+ #dg1ejj 9 satisfy+ ! balance ( ! prior claims ( ! ,deb5tures1 ! ,ord9>y ,%>es receive _! fir/ divid5d--"o ( #ej p] c5t4 ,no sane man w\ld accuse lead]s ( ^! great indu/rial conc]ns ( do+ any?+ to br+ ab\t an outbreak ( w>2 _m ( !m h1 inde$1 paid a heavy price = _! prosp]ity 9 ! %ape ( ! loss ( sons or ne> relatives2 b :5 all is said & done1 ! fact t a w> %\ld put _m half-bankrupt conc]ns on _! legs1 & make fairly prosp]\s companies ?ree or f\r times m prosp]\s ?an be=e ! w>1 is an influ5ce 9 an undesirable direction4 ,,footnotes3 ,footnote #cc3 ,moreov]1 z ,i hope to sugge/ lat]1 ev5 ^! losses to a few individual indu/ries d n necess>ily imply losses to ! capital involv$1 :i* 9 "s cases has be5 div]t$ or adapt$ to o!r indu/ries m appropriate to ! times4 ,= a review ( ,trade pr(its 9 #aiaf see ! ,man*e/] ,gu>dian1 ,janu>y #a1 #aiag4 ,footnote #cd3 ,see ,app5dix ,i4 ,footnote #ce3 ,quot$ 9 ! ,new ,age1 ,m>* #af1 #aiaf4 ,footnote #cf3 ,april #h1 #aiaf1 f ! ,city article by ,emil ,davies4 ,footnote #cg3 ,my italics4 ,footnote #ch3 ,! rise 9 freights is a good example ( ! way 9 :i* abnormal pr(its are extort$ f ! public z soon z any sc>city puts !m at ! m]cy ( ! trad]4 7,see above1 p4 #de47 ,! rise 9 freights is unalloy$ pr(it1 = ! %ipp+ companies h no increas$ risk1 s9ce ! ,insurance ,companies are gu>ante$ by ! ,/ate4 ,footnote #ci3 ,:i* 0 fir/ draft$ 9 a lett] to ,! ,g>ton ,f\ndation m ?an a ye> ago4 ,footnote #dj3 ,april #bi1 #aiaf4 ,"o might also m5tion = its v]isimilitude ! situation describ$ at ! end ( ,mr4 ,f4 ,brett ,"y's novel ,! ,iron ,age 7,seck]1 #aiaf71 9 :i* ! insolv5t ironworks ( ,mawne are sav$ 9 ! nick ( "t by ! decl>ation ( w>4 #b ,trade lives on ,increas+ ,dem& ,all w>1 :atev] tempor>y dislocation ( bus9ess x may involve1 mu/ ultimately1 z a pr9cipal =m ( de/ruction1 assi/ ! int5sive cultivation ( dem& :i* con/itutes ne>ly ! :ole ( mod]n trade4 ,! indu/rial revolution ( ! n9ete5? c5tury ) all its lab\r-sav+ ma*9es 0 orig9ally an economy ( necess>y production2 by ! middle ( ! c5tury x ov]%ot its m>k1 & ha/5$ ! _w to ! br9k ( ! opposite disa/] ( ov]-production4 ,9 ! pres5t comm]cial era we are /ill susp5d$ ov] t dreadful br9k4 ,no?+ c /op ! accel]at$ flux ( me*anical production2 & we are sav$ f fall+ into ! abyss only by ! unnatural increase ( ord9>y consumption4 ,! consumption ( ! ord9>y m>kets1 ev5 :5 /imulat$ by ! mo/ viol5t tonics ( adv]tisem5t1 is /rictly limit$1 & ! limits h long be5 ov]tak54 ,! accel]at$ consumption c\ld only be ma9ta9$ by ! discov]y ( new m>kets1 :i* 0 und]tak5 by means ( ! political cat*-words ( ,imp]ialism & ,colonial ,expansion2#da or else by ! :olesale de/ruction ( exi/+ supplies4 ,z ! numb] ( new m>kets & _! capacity = consum+ ?+s !y don't want is ultimately j z limit$ z ! numb] & capacity ( home m>kets 7= obvi\sly ! "t mu/ come :5 all ! ,*9am5 & ,k\tso-,vla*s & ,s\? ,sea ,isl&]s h already be5 suppli$ ) ready-made br[n boots & t9n$ salmon71 only "o me?od rema9$ by :i* ,comm]ce & ,indu/ry might escape1 or at lea/ po/pone1 ! p5alty ( half a c5tury ( ov]-production4 ,?is 0 by ! p>tial de/ruction ( ! _w's exi/+ supplies4 ,if ?is c\ld be arrang$1 !re might be a g5u9e dem& = !m to be replac$4 #c ,w> a =m ( ,de/ruction ,n[ z a =m ( de/ruction w> is easily fir/4 ,q ap>t f ! obvi\s de/ruction ( commodities t takes place :5 a c\ntry is ravag$ & invad$1 z 9 ! case ( ,belgium & ,nor!rn ,france1 x %\ld be rememb]$ t ! me?ods ( supply+ an army 9 ! field involve ! %e] wa/e or de/ruction ( v ne>ly half ! food & equipm5t provid$4#db ,?is is n necess>ily ! result1 z might be expect$1 ( (ficial incompet5ce4 ,x may on ! contr>y be ! result ( (ficial =esight1 :i* mu/ all[ 9 w>f>e = all ! *anges & *ances ( communication1 & kn[s t x is bett] to wa/e a million tons ( beef ?an to risk ! />vation ( a s+le regim5t4 ,su* wa/e1 9 o!r words1 is a condition ( w>f>e4 ,add to ?is ! prev5tive de/ruction ( /ores & baggage :i* takes place :5ev] troops are compell$ to retreat3 9 ?is way ab\t a million p\nds' wor? ( /ores 7 c>efully burn$ be=e ! evacuation ( ,gallipoli2 & n a hundr$ y>ds ( tr5* is ev] ab&on$ )\t ! jettison ( ab\t a hundr$ p\nds' wor? ( equipm5t4 ,add to ?is ! fact t e %ot fir$1 f ! m]e rifle bullet to ! l>ge/ %ell1 does a proportionate am\nt ( mat]ial damage :5 x f9ds its billet3 ! bur/+ ( a six-in* %ell w d1 ,i suppose1 on an av]age1 z mu* damage 9 half a second z an ord9>y fire c d 9 tw5ty-f\r h\rs4 ,add to ?is aga9 ! fact t ! v =ce :i* propels e bullet & e %ell is releas$ by de/roy+ by in/antane\s combu/ion a c]ta9 am\nt ( valuable *emical products4 ,!n1 besides all ?is direct de/ruction ( commodities :i* mu/ ultimately be replac$1 or :i* at lea/ "s k9d contractor may plausibly (f] to replace1 consid] = a mom5t ! increas$ we> & te> ( e sort ( equipm5t bo? civil & milit>y1 f /eam-roll]s & roll+-/ock to boots & b&ages & walk+-/icks1 :i* a /ate ( w> mu/ involve4 ,or consid] aga9 t ! m]e mobilisation ( an army implies t sev]al hundr$ ?\s& m51 ^: annual income be=e 0 less ?an #ajj a ye>1 are n[ liv+ at ! rate ( #djj a ye>4#dc ,anyone :o c>es to exam9e 9 detail all ^! =ms ( wa/e & de/ruction1 & all ^! =ms ( unnatural & fev]i% consumption1 w beg9 to und]/& to :at an ext5t w> /imulates ! dem& by :i* alone ,trade c survive4 ,,footnotes3 ,footnote #da3 ,also1 ( c\rse1 by ! campaign = ,pref]5tial ,t>iffs1 :i*1 x 0 hop$1 w\ld h increas$ consumption by exclud+ a few =eign competitors f colonial m>kets4 ,footnote #db3 ,cf4 ! _m /ories ( beef & o!r rations be+ suppli$ to troops 9 su* quantities t ! units responsible = _! consumption 7 oblig$ to bury !m4 ,^! /ories come mo/ly f ,fl&]s4 ,at home ! same sup]abundance may h be5 ! undo+ ( _m a ,qu>t]ma/]-,s]geant1 :o1 n kn[+ :at to d ) su* a ple?ora ( beef1 & hav+ a prop] sup]/ition aga9/ ?r[+ away good food1 0 tempt$ to sell x = ab\t a p5ny a p\nd to ! local but*]4 ,footnote #dc3 ,& ! fact t !y are do+ s at ! public exp5se is1 ( c\rse1 only an additional advantage to ! trad]s :o supply _! ne$s2 z !y d n risk los+ any ( _! money ?r\gh bad debts4 #d ,w> /&s to b5efit ,neutral z well z ,bellig]5t ,nations b n to ! same ext5t ,9 ,we/]n ,europe at lea/ all m>kets are practically op5 m>kets4 ,no t>iff h[ev] sci5tifically graduat$ w really div]t ! natural fl[ ( trade to any consid]able ext5t4#dd ,consequ5tly x might appe> t all nations /& to b5efit 9 ! same way1 b 9 v>y+ degrees1 f ! int5se local dem& set up 9 ! nation at w>4 ,?us ,briti% ,trade 0 exhort$ 9 a s9c]ely rapaci\s article by ,capta9 ,dixon-,johnson#de to snat* ! opportunity pres5t$ by ! ,balkan ,w>2 & ! unp>allel$ boom 9 ,am]ican trade dur+ ! pres5t w> is ano!r obvi\s example4 ,?is sugge/s at once t ! b5efit occasion$ by w> is n a national b5efit1 diffus$ v]tically ?r\gh e class ( ! bellig]5t nation2 b a class b5efit diffus$ z x 7 horizontally ?r\gh ! comm]cial /rata ( all nations )9 supply+ di/ance ( ! c5tre ( di/urbance4 ,on ! o!r h&1 ( c\rse1 ! imm$iate local dem& is /rong] ?an ! dem& communicat$ to remot] m>kets & m easily suppli$2 9 o!r words ! comm]cial class ( ! bellig]5t nation are m imm$iately & m int5sely b5efit$ by ! /ate ( w> ?an ! same classes ( neighb\r+ nations1 al?\gh 9 w> z 9 peace ! comm]cial classes ( e nation are "o4#df ,also ! outbreak ( w>1 ev5 if x does n entirely sev] a c\ntry f =eign s\rces ( supply1 is b\nd to cause a c]ta9 dislocation2 if communications are n altoge!r int]rupt$ !y are m difficult & unc]ta9 ?an 9 normal times2 s t ! trade ( ! bellig]5t c\ntry is always giv5 a great] impetus ?an t ( its neutral neighb\rs1 & 9 su* cases a p>ticul> indu/ry :i* has be5 ?reat5$ by ! competition ( =eign imports may be actually rescu$ f ext9ction4 ,ev5 ! tempor>y dislocation ( trade is a b5efit to trade 9 ! nation at w>2 = x enables exi/+ /ocks to be sold at exagg]at$ prices4#dg ,,footnotes3 ,footnote #dd3 ,f ?is x foll[s incid5tally t a high t>iff is ( no advantage to ! community z a :ole1 b only to a p>ticul> section ( ! community4 ,= ! idea t x w b5efit ! :ole community is bas$ on ! assumption t x is possible to div]t a p>ticul> sort ( =eign import2 actually ! t>iff w n exclude ! import if !re is a natural dem& = x1 b x w provide an excuse = e deal] :olesale or retail to increase 8 pr(it on ! article tax$ by ab\t d\ble ! am\nt ( ! tax2 i4e4 if an import$ article pays a duty ( sixp5ce1 ! price to ! consum] ( all su* articles :e!r import$ or home-made w be rais$ a %ill+4 ,footnote #de3 ,9 ! ,july1 #aiad1 issue ( ! ,asiatic ,review1 to :i* ,i h already ref]r$4 ,footnote #df3 ,i ne$ h>dly say t 9 speak+ ( ! comm]cial class ,i d n include its in/rum5t ! work]s4 ,! int]national ,sociali/ movem5t has n yet succe$$ 9 unit+ !m2 b ! exhortation address$ to !m by ,m>x has be5 obey$ in/ead by ! capitali/s4 #e ,! great] ! ,capital1 ! great] ! ,w> ,pr(it8 ,! ov]-production 9 mod]n indu/rial /ates1 f :i* ,trade c only be sav$ by "s su* cata/rophic rem$y z w>1 may be attribut$ n only to ! tyranny ( ma*9es1 b also to ! f9ancial juggl]y kn[n z ov]-capitalisation4 ,if x c\ld be %[n t ov]-capitalisation 7 a consequ5ce ( national weal? x w\ld foll[ t ! ri*] nations w\ld enjoy a great] b5efit f w> ?an _! poor] neighb\rs4 ,b ?is w only be true if we d n measure national weal? by ! av]age weal? ( e citiz52 if we speak 9 ?is case ( national weal? q ap>t f any "q ( its equitable di/ribution1 & are c>eful to di/+ui% x f national welf>e2 a weal?y nation 9 ?is case w\ld h to mean a nation bless$ ) a class ( weal?y capitali/s1 or support+ a l>ge p>asitic colony ( ! p]sons describ$ z f9anci]s2 & su* a nation w\ld h z a coroll>y to be bless$ ) a class ( work]s disproportionately l>ge & disproportionately poor4 ,= if indu/rial conditions are fair ov]-production is impossible4 ,,footnotes3 ,footnote #dg3 ,"h1 = in/ance1 is an illum9at+ s5t5ce f a private report on ,greek trade dur+ ! ,balkan ,w>s3 ,i comm]cianti ,greci hanno guadagnato molto durante la gu]ra1 p]* hanno v5duto tutte le m]ci *e avevano 9 deposito a prezzi molto piu alti1 *e la g5te era obbligata di comp]>e a cagione *e non potevano import>e m]ci /rani]e4 #f ,! ,bless+s ( ,invasion ,if w> is reg>d$ prim>ily z a comm]cial /imulant1 we might c>ry ! argum5t f>!r & conclude t invasion & ev5 ravage are actually b5eficial to ! trade ( a c\ntry t suff]s !m2 = ultimately !y mu/ make way = a direct dem& on ! spot = ! prim>y commodities ( life4 ,h\ses1 f5ces1 roads1 factories w all h to be replac$4 ,x is obvi\s t ! w> w h to be foll[$ by a "t ( rebuild+4#dh ,x might be urg$ t su* a phase ( convalesc5ce w\ld be ret>d$ or altoge!r prev5t$ by ! lack ( private capital = su* an enorm\s ent]prise4 ,b private capital1 ?anks to ! cr$it sy/em1 is practically inexhau/ible s long z x is requir$ = a g5u9ely productive purpose3 & ev5 if x fail$ 9 ?is case to come =w>d1 ! money requir$ w\ld c]ta9ly be advanc$ out ( ! indemnity :i* w h to be provid$ = ! invad$ prov9ces1 or w\ld be gu>ante$ 9 "s o!r way by ! ,gov]nm5t conc]n$4 ,9 :i* case ,trade1 ev5 aft] ! conclusion ( peace1 w\ld rejoice 9 ano!r p]iod ( ,gov]nm5t contracts4 ,if x be admitt$1 h[ev]1 t we h n suffici5t data to make ?is sugge/ion m ?an probable1 we c at any rate be c]ta9 ( ! effect produc$ by ! m]e numb]s ( an invad+ army or a def5sive g>rison4 ,! ,jewi% trad]s ( ,salonica enjoy$ a "t ( unexampl$ prosp]ity 9 #aiab & #aiac1 ow+ to ! m]e pres5ce ( ! ,turki%1 ! ,greek & ! ,bulg>ian armies1 to :om !y sold out at _! own prices4#di ,!y are n[ repeat+ ! process ) ! ,engli% & ,fr5* armies2 & 9 ! int]val !y 7 kept busy re/ock+ ! ,mac$onian villages deplet$ or de/roy$ dur+ ! campaign ( #aiab4 ,z = ! small %opkeep]s ( ,fl&]s any memb] ( ! ,briti% ,exp$ition>y ,=ce w tell y t !y are at pres5t s prosp]\s t ev5 a ,g]man bomb>dm5t w h>dly drive !m f _! c\nt]s4 ,,footnotes3 ,footnote #dh3 ,s9ce ?is *apt] 0 writt5 ,i h se5 a pamphlet ) ! foll[+ title3 ,! ,*ance = ,briti% ,firms 9 ! ,rebuild+ ( ,belgium1 by a ,belgian ,contractor4 ,london1 ,te*nical ,j\rnals1 ,limit$1 #bg-bi ,to?ill ,/reet1 ,we/m9/]4 #g ,! ,luxury ,trades don't d s badly ,! mo/ obvi\s if n ! only exception to our tale ( w> pr(its is to be f\nd 9 ! case ( ! p>asitic indu/ries :i* specialise 9 ! production ( ! unnecess>y4 ,x is n easy rigidly to def9e ! luxury trade1 = ! luxury ( "o g5]ation is ! necessity ( ! next2 b x is en\gh to sugge/ a broad idea ( ! indu/ries t fall "u ?is head+4 ,! income-tax assessm5ts %[1 says ,! ,times1#ej speak+ ( ,b]l9 aft] n9e mon?s ( w>1 t among ! trades :i* h suff]$ mo/ are fruit]]s1 brew]ies1 public-h\ses1 b>s1 cafs1 *emi/s & p]fum]s1 goldsmi?s & silv]smi?s1 jewell]s1 mill9]s1 furniture & piano deal]s1 & music & booksell]s4 ,l&[n]s1 l& speculators1 build]s & ! c>ry+ trade h also suff]$4 ,we may also notice t 9 ! e>ly mon?s ( ! w> ,flor5ce1 ! great m>ket ( ! %oddy s\v5ir & ! t\ri/'s delight1 suff]$ a good deal m ?an ,london1 al?\gh ,italy /ill rema9$ neutral4 ,9 ,london itself a good example ( ! p>asitic indu/ry are ! firms :i* make +5i\sly useless silv] toys = ri* p to give ea* o!r at ,*ri/mas4#ea ,_m su* indu/ries may inde$ h suff]$ 9 ,engl&1 al?\gh _m ( ! trades m5tion$ 9 ! ,b]l9 li/ h n be5 affect$ 9 ,london1 & at lea/ two ( !m h made conspicu\s pr(its4 ,b 9 any case x is probable t !y suff]$ if at all only dur+ ! fir/ p]iod ( ! w>1 :5 ! g5]al feel+ ( /rang5ess & insecurity 0 /rong en\gh to inhibit ! %opp+ in/9ct ( ! weal?i] classes4 ,z soon z ^! became accu/om$ to ! /ate ( w> !y rev]t$ ) ev5 great] en]gy to _! old pa/ime ( sp5d+ money3 & mean:ile ! luxury trades _h acquir$ an entirely new set ( cu/om]s1 = a l>ge "p ( ! pr(its accumulat$ 9 o!r trades 7 n[ be+ sp5t by a newly enri*$ class :o 7 unaccu/om$ to save1 = ! simple reason t !y _h nev] be=e be5 9 a position to d s4 ,consequ5tly ! luxury trades aft] a ye> ( w> _h n only rec\p$ _! tempor>y losses b 7 do+ a bigg] bus9ess ?an ev]4 ,! natural adaptability ( ! trades :i* p&] to fa%ion mu/ also be tak5 into acc\nt4 ,a numb] ( !m aft] ! fir/ panic recaptur$ ! fail+ dem& by adv]tis+ v simple modifications ( _! ord9>y supply4 ,"s1 = in/ance1 turn$ to ! manufacture ( equally plausible sup]fluities ( milit>y equipm5t--su* z silv] & gold id5tity disks & wat*es ) lum9\s dials & que] little hi]oglyphs 9 place ( ! ord9>y figures4 ,trades already s well organis$ = exploitation c\ld easily defeat any g5]al attempt at social economy4 ,?us = wom5 ( ! upp] middle class ! mo/ obvi\s =m ( w> economy 0 to c>ry on ) only a slight alt]ation ( la/ ye>'s dresses2 & su* 0 _! decl>$ int5tion :5 _! h&s 7 =c$ by ! ,dressmak]s' revolution>y *ange 9 ! fa%ion :i* sub/itut$ ! full skirt = ! tight skirt ( #aiac-ad4 ,! extraord9>y +5uity ( ?is move 01 n only t x ?w>t$ any good int5tion ( n buy+ a new dress ?is ye>1 x be+ manife/ly impossible to alt] a tight skirt into a cr9ol9e1 b also t ! extra clo? requir$ = ! unusually full skirts m ?an comp5sat$ ! trade = ! cont9u$ ab/5tion ( a few unfa%ionable ob/9ates1 z well z = ! extra co/ ( lab\r4#eb ,,footnotes3 ,footnote #di3 ,"o ,jewi% contractor suppli$ corn & fodd] to all ?ree armies4 ,z soon z 8 ,turki% cu/om]s _h capitulat$1 he t5d]$ = ! supply ( ! victori\s ,greeks1 & he /ill _h en\gh to sp>e = ! ,bulg>ians :5 !y ent]$ ! t[n4 ,footnote #ej3 ,may #ag1 #aiae4 ,footnote #ea3 ,su* lab\r-sav+ devices1 = in/ance1 z poa*$ egg s]v]s4 #h ,trade ,pr(its 9 w> n %>$ by ! ,nation b conf9$ to ,employ]s ,! trade pr(its :i* are ?us directly /imulat$ by ! conditions ( w>1 d n imply ! prosp]ity ( ! ,trade z a :ole1 if a ,trade is und]/ood to mean a c]ta9 section ( ! nation includ+ 9 a sort ( guild or hi]>*y repres5tatives ( e class engag$ 9 a p>ticul> ,trade4 ,!y d imply ! prosp]ity ( a p>ticul> class1 = !y are all employ]s' pr(its1 pr(its on ! capital involv$4 ,un=tunately ! pr(its ( ! ,capitali/s d n involve ! pr(its ( ! ,lab\r]s1 & _c !re=e be te/$ by /ati/ics ( unemploym5t4 ,b ( c\rse ! fluctuations ( unemploym5t d v mat]ially affect ! opportunities ( ,trade1 & x might reasonably be argu$ t ! app>5t pr(its creat$ by ,w> are really modifi$ by ! conditions ( ! ,lab\r m>ket or o!rwise equitably di/ribut$ among ! g5]al population4 ,un=tunately x is q easy to %[ t ! "o policy ( employ]s dur+ ! pres5t w> has be5 to ma9ta9 _! pr(its )\t any conc]n = ! g5]al population1 & t ! effect ( w> has be5 to increase ! pr(its ( ,capital n only by increas+ ! dem& b also by mak+ ! ,employ]s increas+ly indep5d5t ( ! lab\r]s' claims4 ,at ! beg9n+ ( ,w> ! ,employ]1 on ! gr\nds ( g5]al insecurity & n kn[+ :at 0 go+ to happ5 next1 cut d[n wages & rais$ ! cry ( ,bus9ess z ,usual2 :i* meant t bus9ess 0 s mu* bett] ?an usual t he 0 afraid x c\ld n possibly la/4 ,s he cut d[n wages1 laugh$ at buy]s :o (f]$ him ! usual prices1 & *>g$ #dh a ton = hides & #fs4 #aj;d4 = a y>d ( clo? t usually co/ half a cr[n4 ,if ! private buy] w\ld n pay 8 prices ! ,gov]nm5t w\ld4 ,x 0 inde$ too good to la/1 = su* prosp]ity became impossible to conceal3#ec x also r$uc$ ! m>g9 ( unemploym5t on :i* he _h always dep5d$1 & he soon f\nd himself oblig$ to return to ! normal rate ( wages :i* he _h paid be=e ! w>4 ,he 0 disappo9t$ to f9d t ,bus9ess z ,usual meant wages z usual1 b he /ruggl$ on1 implor+ ! assi/ance ( ! ,gov]nm5t 9 ord] to capture ,g]many's ,trade4 ,worse 0 to foll[3 aft] n9e mon?s ( w> recruit+ = ! army _h begun 9 e>ne/1 & !re 0 on ! :ole less unemploym5t 9 ,great ,brita9 ?an at any previ\s mom5t 9 ! pres5t c5tury4#ed ,b he 0 det]m9$ to c>ry on1 & = ! sake ( ! ,gov]nm5t introduc$ *ild lab\r into 8 work%ops4#ee ,mean:ile1 h[ev]1 ! co/ ( liv+ 0 /eadily ris+1 & aft] a ye> ( w>1 & ( pr(its1 ! lab\r]s' dem& = an increase ( wages c\ld n be altoge!r ignor$4 ,! employ] decid$ to c>ry ! w> into ! enemy's c\ntry4 ,! nation mu/ hang toge!r1 he said1 & all "w 0 practically national "w4 ,s he boldly accus$ 8 workm5 ( lack ( patriotism1 & r\ndly decl>$ t b = ! trade unions ! w> w\ld probably h be5 ov] by ?is "t1 ) a victory = ! ,allies4444 ,organis$ lab\r is ! rott5 limb ( ! body politic1 :i* mu/ be cut (f if heal? is to be re/or$ to ! sy/em4#ef ,x 0 h>d "w1 b 9 spite ( ! %ortage ( lab\r & 9 spite ( ! rise 9 ! co/ ( liv+1 he manag$ to hold wages d[n by repeat+ t any dem& = a rise 9 wages 0 unpatriotic4#eg ,"o by "o1 on ! plea ( urg5t ,gov]nm5t "w1 he obta9$ ! susp5sion ( all ,trade ,union rules & ?us depriv$ 8 workm5 ( ev5 ! natural rights ( negotiation2 & :5 aft] fifte5 mon?s ( w> !y aga9 v5tur$ to raise _! voices on ! ,clyde1 he op5ly accus$ !m ( be+ paid by ,g]man agitators4#eh ,on ! :ole !re=e he has be5 extraord9>ily successful 9 keep+ 8 pr(its to himself1 & z ! pres5t dem& is likely to cont9ue = "s "t aft] ! w>1 8 *ief anxiety at pres5t is to ma9ta9 aft] ! w> ! compulsory relaxation ( ,trade ,union rules :i* no?+ less ?an w> c\ld accompli%4 ,! slight dang] t a prolong$ w> may kill (f a consid]able "p ( 8 m>g9 ( unemploym5t is m ?an balanc$ by 8 successful introduction ( wom5's lab\r3 & he means t ,w>1 9 addition to ! actual pr(its ( 8 ,trade1 %all give him ! enorm\s pot5tial advantage ( hav+ brok5 ! ,trade ,unions4#ei ,,footnotes3 ,footnote #eb3 ,z a matt] ( fact1 ne>ly all ! luxury trades cut d[n _! scale ( wages dur+ ! fir/ ye> ( ! w>2 & _m ( ^! o/5tati\sly gave to "s ,w> ,*>ity a fraction ( ! sum ?us extract$ f _! employees4 ,i suppose x w\ld be libell\s to give examples4 ,footnote #ec3 ,?\gh frantic attempts to conceal x h be5 made s9ce ! ,tax on ,w> ,pr(its 0 introduc$4 ,footnote #ed3 ,! ,new ,/atesman1 ,may #bb1 #aiae4 ,footnote #ee3 ,see above1 p4 #dg1 note #d4 ,"s illum9at+ details are giv5 9 ! ,nation1 ,may #bb1 #aiae1 conc]n+ ! unscrupul\s plea ( ,gov]nm5t "w 9 ord] to excuse ! employm5t ( *ildr54 ,footnote #ef3 ,! ,saturday ,review1 ,septemb] #ah1 #aiae4 ,footnote #eg3 ,! %ortage too 0 a p]man5t excuse j z good = hold+ prices up z = hold+ wages d[n4 ,cf4 a correspond5t 9 ,! ,times1 ,may #ag1 #aiaf3 ,?is position ( affairs makes "o d\bt if ! %ortage 9 ^! articles 7bottles1 j>s1 t9s1 boxes1 etc47 is z /at$1 or t ! %ortage pays bett] & ! v>i\s trades d n wi% ! t5sion to be 9 any way reliev$4 ,footnote #eh3 ,i hope x w n soon be =gott5 t ,pun* 0 n a%am$ to endorse ?is *>ge4 ,footnote #ei3 ,cf4 ,mr4 ,emil ,davies 9 ! ,new ,/atesman1 ,april #h1 #aiaf3 ,my impression is t ! annoyance ( ,clyde manufactur]s at ! pres5t lab\r tr\bles is n :olly free f a c]ta9 grim satisfaction4 ,!y are n anxi\s to see c>ri$ out ! pl$ge t %op conditions %\ld g back to ! pre-w> basis1 &1 !y argue1 if ! m5 are discr$it$ ) ! public1 x w be all to ! good ( ! employ]s 9 ! big indu/rial /ruggle !y look ^u z inevitable aft] ! w>4 ,!y reg>d ?is /ruggle )\t anxiety & are accumulat+ funds2 "s ( !m talk ( special funds be+ creat$ = ! purpose by ! employ]s 9 association4 ,^! are ! impressions ga9$ f conv]sations ) prom95t memb]s ( ! ,glasg[ bus9ess _w4 #i ,trade ,pr(it & ,national ,loss ,x ne$ n !re=e be suppos$ t ! ,w> ,pr(its1 ( :i* !re is su* abundant evid5ce1 conflict at all ) ,mr4 ,norman ,angell's cont5tion#fj t all mod]n w>1 ev5 if ! milit>y op]ations end 9 a milit>y success1 is futile & unpr(itable f ! national po9t ( view4 ,! g5]al tru? seems to be t ,w>1 :e!r x be app>5tly victori\s or app>5tly unsuccessful1 is always pr(itable = a small comm]cial class 9 ea* bellig]5t nation4#fa ,un=tunately ! pr(its ?us e>n$ by ! economic effects ( w> are n diffus$ v]tically ?r\gh\t ! :ole nation f top to bottom1 b r horizontally along a %all[ comm]cial /ratum 9 e nation4 ,9 e nation w> dim9i%es ! national weal?1 b conc5trates ! residue ) great] inequality 9 "o p>ticul> class4 ,! repres5tative ( ?is class1 commonly call$ ! ,capitali/1 is ! real cosmopolitan1 because 8 int]e/s 9 ea* bellig]5t nation are id5tical1 & ! w>1 successful or n1 contributes to 8 f9ancial advantage4 ,x is an illum9at+ co9cid5ce t ! classes 9 e nation :i* mo/ en?usia/ically dem& ! viol5t prosecution ( ! w> seem to be proportionately anxi\s to annul ! h>dly-won privileges ( democracy4 ,?us ! ,saturday ,review1 9 a passage already quot$1 solemnly1 op5ly & un=gettably decl>es ! secret wi%es ( ! milit>i/s2 & we may be surpris$ to consid] h[ _m safegu>ds ( democracy1 h[ _m rights ( free ?\ght & free spee*1 h[ _m ( ! prec>i\s limitations ( sweat+ & *ild-lab\r & wage-slav]y h be5 quietly suppress$ s9ce ! beg9n+ ( ! w>4 ,b if w> is ultimately unpr(itable = ! nation z a :ole1 x might be argu$ t ,trade itself mu/ ultimately be involv$ 9 ! national loss4 ,! answ] is t ev5 if ! ,trad]'s int]e/s 7 id5tical ) ^? ( ! nation & 7 ultimately b\nd to suff] ) ! nation z a :ole1 he w\ld und\bt$ly ignore ! possibility ( a loss s mu* remot] ?an 8 imm$iate & obvi\s pr(its2 especially z he is c]ta9ly ignorant ( ! economic fact t 9 mod]n times milit>y victory & milit>y defeat are equally unpr(itable1 & if he ev] did pause to consid] ! results = ! :ole nation he w\ld c]ta9ly1 p]haps 9 good fai?1 id5tify ! national int]e/ ) 8 own1 & assume1 = psy*ological r ?an economic reasons1 t 8 own int]e/s dem&$ a milit>y victory2 real ignorance & emotional excitem5t suffic+ to expla9 8 app>5tly hypocritical pr(essions ( patriotism4 ,z a matt] ( fact h[ev] 8 private int]e/s are n dep5d5t on ^? ( ! :ole nation2 = comm]cial weal? is n ! same z national weal?1 & prosp]\s ,trade is q consi/5t ) national unhapp9ess4 ,! av]age citiz5 ( ,switz]l& is m cont5t$ ?an ! av]age citiz5 ( any ( ! great comm]cial p[]s ( ! _w2 & "s ( ! causes t make = comm]cial prosp]ity1 causes ( :i* ,w> is n ! lea/ effective1 actually decrease ! civic effici5cy ( ! great] numb] ( ! population1 & r$uce _! *ances ( happ9ess4 ,if an exp&+ trade1 writes ,mr4 ,r4 ,b4 ,cunn+hame ,graham1#fb is ! sure sign ( national happ9ess cle>ly ! f\r c\ntries1 ! figures ( ^: trade are tabulat$ 7,*ile1 ,p]u1 ,brazil & ,arg5t9e7 %\ld be among/ ! happie/ 9 ! _w4 ,yet /ill a d\bt creeps 9 :e!r exp&+ ,trade is ! sure te/ ( happ9ess2 = rec5tly ,i h revisit$ "s ( ! c\ntries ( ! ,riv] ,plate t ,i knew ?irty ye>s ago1 & x appe>s to me t !y 7 happi] !n4 ,true1 !y 7 n s ri*4444 ,weal? has increas$1 b s has pov]ty4444 ,w> is an artificial process = accel]at+ t conc5tration ( weal? 9 ! h&s ( a small class :i* di/+ui%es ! pres5t unholy /age ( political developm5t4#fc ,,footnotes3 ,footnote #fj3 ,! ,great ,illusion1 passim4 ,footnote #fa3 ,?is is n necess>ily inconsi/5t ) ,h4 ,n4 ,brails=d's simil> rem>k 7,! ,w> ( ,/eel & ,gold1 p4 #afc73 ,w> is a folly f ! /&po9t ( national self-int]e/2 x may none ! less be p]fectly rational f ! /&po9t ( a small b p[]ful gov]n+ class4 ,footnote #fb3 ,review+ a "w on ,s\? ,am]ica 9 ,! ,nation1 ,novemb] #f1 #aiae4 ,footnote #fc3 ,?is process is fur!r accel]at$ by ! fact t ! ,w> is be+ paid = v l>gely by means ( ,loans1 subscrib$ naturally by ! ri*] classes2 9 future ! ri*] classes w be receiv+ ! int]e/ on ^! loans4 ,b 9 ord] to pay ?is int]e/ ! ,/ate w h to resort to taxation1 "s "p ( :i* w fall presumably on ! poor4 ,see ,pr(essor ,pig\'s ,economy & ,f9ance ( ! ,w>4 ,,*apt] ,,iv ,c&ide tait t5du dans la rue et c\v]t de dbris4 ,il disait ,pangloss3 ,hlas6 procure-moi un p5 de v9 et d'huile2 je me meurs4 ,ce tremblem5t de t]re n'e/ pas une *ose n\velle1 rpondit ,pangloss2 la ville de ,lima pr\va les mmes sec\sses en ,amrique l'anne passe2 mmes causes1 mmes effets3 il y a c]ta9em5t une trane de s\phre s\s t]re depuis ,lima jusqu' ,lisbonne4 ,ri5 n'e/ plus probable1 dit ,c&ide2 mais1 p\r ,dieu1 un peu d'huile et de v94 ,comm5t1 probable8 rpliqua le philosophe2 je s\ti5s que la *ose e/ dmontre4 ,c&ide p]dit connaissance1 444 et ,pangloss lui apporta un peu d'eau d'une fonta9e vois9e4 ,,voltaire1 ,c&ide4 #a ,dialectics r\nd ! ,dea?-b$ ,philosophical alo(ness is all v well 9 its way1 b :ile we argue ab\t economic causes & attempt to induce a philosophy ( e>?quakes1 our bright "y democracy lies ble$+ "u ! ru9s4 ,! urg5t necessity is a little fir/ aid1 a little cessation ( ! kill+4 ,i don't "k h[ _m "y m5 9 diff]5t p>ts ( ! _w h be5 delib]ately & sci5tifically murd]$ dur+ ! writ+ ( ?is prote/4 ,engl& alone1 :o has be5 criticis$ = h] delay 9 expos+ h] y\? to ! slaught]1 is hav+ ab\t half a million ( h] be/ citiz5s /abb$ or pi]c$ or cru%$ or mutilat$ or poison$ or torn to pieces 9 "o ye>#fd ( mod]n w>f>e4 ,& life is n ! only in/rum5t ( vital progress t is be+ ?r[n away4 ,britannia has beat5 h] trid5t into a %ovel1 & ) x is %ovell+ gold2 & n only gold1 b y\? & love & happ9ess into ! deep sea4 ,! bellig]5t nations are frantically engag$ 9 de/roy+ two ?\s& ye>s ( education & all ! accumulat$ capital ( humanity4 ,only ! enemies ( civilisation1 ! sell]s ( arms & ! s[]s ( hatr$1 are gr[+ ri* on its ru9s4 ,x is impossible to d5y t ! long] ! w> cont9ues ! great] w be ! subsequ5t suff]+s1 spiritual & mat]ial1 ( e nation engag$4 ,x is impossible to ma9ta9 t any nation or class or individual w be any bett] 9 any respect = ! ,great ,w>1 ) ! s+le exception ( t p>asitic class :o1 z a class1 & !re=e p]haps n consci\sly1 are *iefly responsible = its inception4 ,we mu/ h ,peace fir/ & congresses aft]w>ds4 ,! survivors ( civilisation _c discuss a la/+ settlem5t :ile !y are /ill "u fire4 ,,footnotes3 ,footnote #fd3 ,! total ,briti% casualties f ! beg9n+ ( ! w> till ,july #ah1 #aiae1 7 giv5 z #cba1hhi1 ( :om #fa1chd 7 kill$4 #b ,g]man ,responsibility = ! ,w> ,nor is x necess>y to cont9ue ! slaught] :ile we argue ab\t :i* bellig]5t mu/ be> ! *ief responsibility = ! outbreak4 ,! dialectical ex]cises ( ! ,g]man ,*ancellor & ,mr4 ,asqui? are s futile t !y rem9d u only ( two naughty *ildr5 :o drag out _! squabble ) /ubborn outcries ( ,he began x4 ,! fir/ consid]ation is to /op fight+4 ,su* academic discussions are necess>ily endless1 = ! simple reason t e nation has its faults1 to :i* crim9al motives c always be atta*$3 e nation has its fools1 :om its enemies c describe z typical repres5tatives4 ,! "q ( responsibility = ! ,great ,w> mu/ be left to ! hi/orians ( ! future4 ,i am q confid5t 7?\gh ev5 ,visc\nt ,grey or ,pr(essor ,gilb]t ,murray _c prove7 t !y w hold ,g]many responsible3 b ,i am equally confid5t t ! blame !y ?r[ on ! nation responsible = ! w> w be less pron\nc$ ?an ! praise !y w res]ve = ! nation :i* fir/ has ! c\rage to speak ( peace4 ,my belief 9 ,g]many's responsibility is bas$ l>gely on ,g]man apologetics & /r5g!n$ by ! evid5ce ( comm]cial conditions 9 ,g]many be=e ! outbreak4 ,pr(essor ,milli\d1 = in/ance1 has %[n t ,g]man indu/ry 0 built up on a top-heavy sy/em ( cr$it1 unable to keep solv5t )\t expansion1 & unable to exp& suffici5tly )\t w>4#fe ,or if a good work+ te/ ( ,g]man responsibility 7 ne$$ x w\ld be suffici5t to po9t out t no nation innoc5t ( aggressive int5tions w\ld h draft$ su* an ultimatum z t :i* ,au/ria1 ) ,g]man connivance1 s5t to ,s]bia2 & t no nation anxi\s = w> w\ld h draft$ su* a conciliatory reply z t :i* ,s]bia return$ to ,au/ria by ,russia's in/ructions4 ,x is 9 fact cle> t z long ago z #aiac ,au/ria _h det]m9$ to cru% ,s]bia1 & t 9 #aiac t det]m9ation 0 only po/pon$2 & po/pon$ n1 z we ?\ght at ! "t1 by ! tact ( ,"l ,grey at ! ,conf]5ce ( ,london1 b only by ,italy's refusal to jo9 9 ! adv5ture1 z we n[ "k f ! revelations ( ,san ,giuliano & ,sal&ra4 ,simil>ly1 kn[+ z we d t ,engl& is no exception to ! rule t no imp]ial nation c be :olly compact ( righte\sness1 we might hesitate to accept ,! ,times' v]sion ( ,briti% innoc5ce1 & we might hesitate to accept ,"l ,bryce's report on ! ,g]man atrocities 9 ,belgium1 kn[+ z we d t x is bas$ almo/ entirely on ! he>say evid5ce ( refugees :o w\ld be anxi\s to di/+ui% !mselves z witnesses f ! g5]al ruck ( de/itution2 b x happ5s t ! g5]al *>ges ( ,g]man aggressiv5ess & ,g]man brutality are fully corroborat$ by ,g]man lit]ature4#ff ,un=tunately ^! di/9ctions betwe5 brutal & *eval]esque me?ods ( w>f>e rema9 only que/ions ( me?od2 !y conc]n mann]s r ?an morals1 & are z irrelevant to our hopes = ! abolition ( w> z ! que/ions ( diplomatic me?od already m5tion$4#fg ,equally irrelevant1 9 any discussion ( ! possibility ( sub/itut+ compulsory arbitration = w>1 is ! attempt to di/+ui% betwe5 aggressive & def5sive w>1 or to ?r[ all ! blame ( aggression on ei!r ( ! two bellig]5ts2 = ! simple reason t ea* bellig]5t w p]haps nev] believe & w q c]ta9ly nev] admit t 8 own int5tions 7 any?+ b def5sive or altrui/ic4#fh ,! locus classicus = su* prote/ations ( innoc5ce occurs 9 ! ,italian ,gre5 ,book1 :]e ,au/rian diplomats may be f\nd decl>+1 ) e appe>ance ( s9c]ity1 t ! invasion ( ,s]bia 0 a purely def5sive measure4 ,& 9 a s5se1 9 su* a well-arm$ cont95t1 e aggression is inde$ a =e-arm+ aga9/ ! future4 ,x might also be sugge/$ t ! crime ( aggression is an (f5ce n aga9/ an individual b aga9/ ! peace ( ! community3 & until ! ,european community is con/itut$ ! guilt ( su* a crime _c be br\ght home to ei!r ( ! bellig]5ts4 ,,footnotes3 ,footnote #fe3 ,! ,rul+ ,ca/e & ,fr5zi$ ,trade 9 ,g]many1 by ,maurice ,milli\d1 ,pr(essor ( ,sociology 9 ! ,univ]sity ( ,lausanne4 7#aiae47 ,review$ 9 ! ,man*e/] ,gu>dian by ,r4 ,c4 ,k4 ,e4 ,footnote #ff3 ,all t we ne$ "k1 = in/ance1 ( ,g]man milit>y conduct 9 ,belgium is conta9$ 9 ! foll[+ communication made to ! ,klnis*e ,zeitung by ,capta9 ,walt] ,brum1 adjutant to ! ,gov]nor-,g5]al ( ,belgium1 :o may be presum$ to "k ! inn] hi/ory ( ^! appall+ transactions3-- ,! pr9ciple accord+ to :i* ! :ole community mu/ be puni%$ = ! fault ( a s+le individual is ju/ifi$ by ! !ory ( t]rorisation4 ,! innoc5t mu/ suff] ) ! guilty2 if ! latt] are unkn[n ! innoc5t mu/ ev5 be puni%$ 9 _! place1 & note t ! puni%m5t is appli$ n because a misde$ has be5 committ$1 b 9 ord] t no m %all be committ$4 ,to burn a neighb\rhood1 %oot ho/ages1 decimate a population :i* has tak5 up arms aga9/ ! army--all ?is is f> less a reprisal ?an ! s\nd+ ( a note ( w>n+ = ! t]ritory n yet occupi$4 ,d n d\bt x2 x 0 z a note ( w>n+ t ,balt91 ,h]ve1 ,l\va91 & ,d9ant 7 burn$4 ,! burn+s & blood%$ at ! op5+ ( ! w> %[$ ! great cities ( ,belgium h[ p]il\s x 0 = !m 444 etc4 ,footnote #fg3 ,*apt] ,i1 #i-aa4 ,footnote #fh3 ,see bel[1 note on p4 #aac2 & comp>e ,brails=d1 ,! ,w> ( ,/eel & ,gold1 p4 #bb1 on prep>ations :i* are always suppos$ to be def5sive1 & p4 #bfd1 on ! me?ods us$ to support ! plea t l>ge navies are purely def5sive4 #c ,! ,value ( ,g]man ,culture ,! "q :e!r ,g]many is actually attempt+ or w\ld be ju/ifi$ 9 attempt+ to impose h] culture on ! re/ ( ,europe2 or :e!r ,engl& has good reasons = ! limitation or suppression ( ,g]man culture1 is ano!r side-issue4 ,g]man culture 79 ,mat!w ,arnold's correct use ( ! ^w1 mean+1 t is1 ! av]age ( intellectual & social civilisation71 has n on a g5]al inspection mu* to be pr\d (4 ,! mod]n lit]ature ( ,g]many is l>gely a transcription ( ,russian1 ,fr5* & ,engli% au?ors1 & x is significant t among =eign au?ors ! wide/ success is res]v$ = purveyors ( le faux bon1 writ]s ^: "w is di/+ui%$ by its spirit$ failure q to atta9 ! fir/-class4#fi ,! mo/ promis+ ( mod]n au?ors writ+ 9 ! ,g]man language1 ,s*nitzl]1 is an ,au/rian ,jew4 ,hauptmann1 ! mo/ di/+ui%$ & orig9al ( ,g]man dramati/s1 has = ?irty ye>s be5 writ+ plays :i* w\ld pass = imitations ( ,mr4 ,john ,galswor?y's failures4 ,sud]mann's /yle rem9ds "o ( a snail crawl+ ov] ! ,indian lilies :i* he describes4444 ,g]many1 x is true1 has reason to be pr\d ( h] !atres1 b t is a matt] ( ,/ate ent]prise1 r ?an an indication ( national culture4 ,! ,g]man ,/ate has be5 effici5t en\gh to p]ceive t good !atres are a fundam5tal necessity ( national education1 & t good !atres1 ow+ to ! excessive r5ts !y h to pay1 c nev] be kept go+ )\t a ,/ate subsidy4 ,b ^! admirable !atres c h>dly be call$ ! vehicles ( a high native culture4 ,_! fam\s ,re9h>dts are m effici5t only because m acquisitive ?an our own ,jewi% impres>ios4 ,! ideas !y h acquir$ are *iefly ,russian or ,engli%3 & !y h pr(it$ by ! ideas ( ,granville ,b>k] & ,gordon ,craig 9 ord] to produce ! plays ( ,%akespe>e & ,%aw--7j z indu/rial ,g]many pr(it$ by ! ideas ( ,bessem]#gj & ,p]k9s74 ,g]many's claim to arti/ic vitality1 to g5u9ely orig9al culture1 c be support$ only by a c]ta9 di/9ct excell5ce 9 sculpture & c>icature1 two arts :i* (t5 seem to g h& 9 h&1 p]haps because bo? are bas$ on a precise simplification ( =m4 ,b = ! activity ( a small b& ( sculptors & c>icaturi/s c5tr$ = ! mo/ "p 9 ,muni*1#ga we might be cont5t to reg>d ,g]many n z a f\nt ( culture b r z "o ( ! _w's work%ops1 a well-organis$ erga/ulum = deal+ ) ! drudg]y ( mod]n civilisation1 = manipulat+ second>y products & extract+ d]ivatives1 a l>ge factory = ! production ( diction>ies1 drugs & electrical ma*9]y4#gb ,! extraord9>y effici5cy ( ,g]many1 z a work%op1 is n due to any intellectual pre-em95ce ( ! nation z a :ole4 ,x is mo/ cle>ly & emphatically due to ! fact t ! ,g]man autocracy1 :atev] its political iniquity1 has _h ! intellig5ce & ! national solid>ity to *oose its bus9ess m5 f among ! bra9s ( ! community4 ,9 ,g]many any man ( conspicu\s intellectual capacity may be pick$ out1 r\ghly speak+1 & assign$ to ! direction ( a p>ticul> indu/ry4 ,9 ,engl& we a*ieve ineffici5cy by ! contr>y process1 & are only will+ to reg>d a man z capable & rev]e him z an exp]t if he happ5s to h be5 occupi$ exclusively = a c]ta9 numb] ( ye>s 9 ! n>r[ r\t9e ( a p>ticul> subject4 ,?is p]nici\s fallacy ( ! ,exp]t is actually prea*$ 9 ,engl& z a means to ! v ,effici5cy :i* 9 fact x almo/ inv>iably excludes4 ,x is commonly assum$ t no man c write a good play unless he has be5 a bad actor1 or t a retir$ admiral1 q incapable ( grasp+ any g5]al idea t 0 n popul> 9 ! ,navy tw5ty ye>s ago or 9 ! smok+-room ( 8 club1 w\ld be bett] able to direct ! affairs ( ! ,navy ?an ,mr4 ,w9/on ,*ur*ill or ,mr4 ,balf\r4#gc ,!re is a simil> outcry = a gov]nm5t ( ,bus9ess ,m51 al?\gh anyone :o happ5s to h he>d a c\ple ( av]age bus9ess m5 discuss a problem ( _! own bus9ess 9 "o ( _! own (fices w h>dly be able to d5y t a capable poet & a capable pa9t] w\ld h settl$ ! "q 9 a qu>t] ( ! "t4 ,in/ead ( sup]/iti\sly believ+ t only ,bus9ess ,m5 c be effici5t1 ,g]many picks out h] bus9ess m5 7& h] bureaucrats7 = _! g5]al effici5cy4 ,%e has atta9$ effici5cy by ab&on+ ! fallacy ( ! ,exp]t 9 fav\r ( ! maxim ( ,confucius--! ,high] type ( man is n l a vessel :i* is design$ = "s special use4#gd ,b f ! fact t ,g]man indu/ry & ,g]man !atres are bett] manag$ ?an our own x does n foll[ t !re is any natural or national antagonism betwe5 ,engl& & ,g]many4 ,! real hatr$ ( ,g]many if x exi/s 9 ,engl& at all %\ld be f\nd among :at x is becom+ ! fa%ion to call ! intellig5tsia4 ,su* a purely intellectual hatr$ ( ! s5tim5tal melodrama ( ,fau/ & ( ! semitic luxuriance ( ,wagn] & ,re9h>dt is n likely to become a democratic motive 9 ,engl&4 ,"h bra9s are always unpopul>1 & ,p>k ,lane w nev] be /orm$ by ! mob until x is inhabit$ by ! ,b]n>d ,%aws1 ! ,l[es ,dick9sons & ! ,b]tr& ,russells1 in/ead ( by ,g]man f9anci]s4 ,!re is no national hatr$ betwe5 ,engl& & ,g]many4 ,! two peoples are natural fri5ds4 ,ev5 ! m5 9 ! tr5*es 7or p]haps ,i %\ld say p>ticul>ly ! m5 9 ! tr5*es71 frat]nise ) _! oppon5ts :5ev] !y get ! *ance4#ge ,ev5 n[ a press campaign ( a few mon?s w\ld suffice to make ,g]many popul> 9 ,engl&2 & if t 7 ev] to happ51 :i* is n improbable1 only ! intellectuals1 :o are mo/ /rongly oppos$ to ?is w>1 w\ld /ill f9d mu* to dislike1 b n to fight ab\t1 9 ! national culture produc$ by ! ,g]man "*4 ,,footnotes3 ,footnote #fi3 ,e4g4 ,osc> ,wilde & ,artziba%ev4 ,footnote #gj3 ,! :ole indu/rial expansion ( ,g]many dates f ! introduction ( ! ,bessem] process 9 #ahgi1 by :i* its supplies ( iron became possible to "w at a pr(it4--,b]tr& ,russell4 ,footnote #ga3 ,x is unnecess>y to ref] at l5g? to ! _w-fam\s c>icaturi/s ( ,simplicissimus1 al?\gh x may be not$ t ! be/ ( !m1 ,gulbrannson1 is a ,norwegian1 :ile 8 *ief rival1 ,he9e1 is a ,jew4 ,muni* sculptors ^: names might be m5tion$ are ,hildebr&1 ,tas*n]1 ,hahn1 & ,wrba4 ,footnote #gb3 ,ev5 su* sci5tific a*ievem5ts z ^? ( ,ehrli* & ,o/wald %\ld be reg>d$ z results ( regulat$ indu/ry & dilig5t exp]im5t4 ,footnote #gc3 ,ano!r in/ance ( ! fallacy is ! q unju/ifi$ prejudice 9 ! ,army 9 fav\r ( ,regul> (fic]s4 ,footnote #gd3 ,! f\ndation ( ,g]man bus9ess effici5cy n on ! practical sci5ce ( ! speciali/ b on !oretic & g5]al m5tal ex]cise is fur!r illu/rat$ by ! great & increas+ preval5ce ( ,lat9 & ,greek 9 ,g]man education 444 :ile aga9 our own ,bus9ess ,exp]ts are rev]s+ ! process4 ,! passages t foll[ are quot$ f a lett] ( ,dr4 ,rice ,holmes 9 ,! ,times ( ,augu/ #aa1 #aiaf4 ,9 ,g]man s*ools n only are classics taught m sy/ematically & m ?or\ghly ?an 9 all b a few ( our own1 b !y are le>n$ by a great] proportion ( ! population2 &1 moreov]1 ! h\rs devot$ to natural sci5ce 9 ^? s*ools 9 :i* x is taught are few] ?an 9 our public s*ools4444 ,s9ce #aijc ! numb] ( ,g]man boys receiv+ a classical education has /eadily increas$4 ,9 #aijd !re 7 #aif1age pupils 9 s*ools 7,gymnasi5 & ,realgymnasi57 :]e ,lat9 is compulsory1 ( :om #aec1fhj belong$ to ! classical s*ools 7,gymnasi571 & !re=e le>n$ ,greek z well 7,w4 ,lexis1 ,unt]ri*tswes5 im ,deuts*5 ,rei*1 ii4 #bah72 9 #aiaa1 z ,mr4 ,r4 ,w4 ,liv+/one has %[n 7,! ,times ,educational ,supplem5t1 ,april #d1 p4 #di1 col4 #b71 ! correspond+ figures 7 #bdj1jjj & #agj1jjj2 & 9 #aijh1 'out ( a total ( #ca1fbb /ud5ts ent]+ #ah out ( #ba ,g]man univ]sities 7,muni*1 ,erlang51 & ,wurzburg n report+71 444 only #g-a_/b p] c5t ent]$ )\t ,lat9 or ,greek' 7,pr(essor ,francis ,w4 ,kelsey1 ,lat9 & ,greek 9 ,am]ican ,education1 #aiaa1 p4 #dc74 ,mge das ,/udium d] grie*is*5 und rmis*5 ,lit]atur imm]=t die ,basis d] hh]5 ,bildung bleib54 ,s wrote ! greate/ ( ! ,g]mans2 & ! c\ntrym5 ( ,goe!1 ^: g5ius 0 sci5tific z well z poetical1 h n =gott5 8 words4 ,on ! o!r h&1 9 ! mod]n s*ools 7,realgymnasi5 & ,ob]reals*ul57 only a small fraction ( ! "t-table--f two h\rs a week 7out ( tw5ty-five7 to six 7out ( ?irty-"o7--is devot$ to natural sci5ce4 ,to anyone :o has read ,mat!w ,arnold's ,high] ,s*ools & ,univ]sities 9 ,g]many1 or ,dr4 ,m4 ,e4 ,sadl]'s ,! ,reals*ul5 9 ,b]l91 or :o is acqua9t$ ) ! op9ions express$ by ,helmholtz1 ,a4 ,w4 ,h(mann1 ,bau]1 & o!r 'em95t sci5tific pr(essors1' x w n appe> p>adoxical t ! object ( ?us re/rict+ ! h\rs devot$ to ! tea*+ ( natural sci5ce 9 s*ools is to promote ! sci5tific effici5cy ( ! ,g]man nation4 ,x 0 ) ?is object t by ! regulations publi%$ 9 #aija ! "t devot$ to ,lat9 9 ! ,realgymnasi5 0 increas$4 ,& ^? :o d n le>n natural sci5ce le>n :at = ! nation is equally important--! value ( sci5tific me?od4 ,footnote #ge3 ,! ,daily ,news1 ,octob] #bj1 #aiae3-- ,a pa!tic /ory is told 9 ! ,vorwrts by ,h]r ,adolf ,k/] 7:o acts z w> correspond5t = ! ,g]man ,sociali/ ,press7 9 connection ) ! rec5t fight+ at ,hooge4 ,a ,g]man soldi] told him ( a "y ,scotsman :om he _h kill$ ) a h&-gr5ade 9 ^: pocket he _h f\nd a little pocket-book3-- ',we look$ ?r\gh ! booklet4 ,x conta9$ po/c>ds f ! front1 f home1 f a si/] & f a swee!>t--photographs f ! battlefields ( brave soldi]s & f home4 ,!re 0 also a small amateur photograph1 r badly made1 ( a "y girl sitt+ at a typewrit]4 ,%e _h blonde hair & on ! back ( ! photo %e _h writt53 ,look at ! waves ( my hair & note also h[ v dilig5t ,i am 7,engli% 9 ! orig9al74 ,"o ( u ask$ ! soldi] to give him ?is photograph4 ,b he repli$3 ,y c take ! :ole book1 photos1 po/c>ds1 etc4 ,b ?is picture ,i w keep 9 memory ( my fri5d4 ,by 8 fri5d he meant ! ,scotsman :om he _h kill$ by 8 h&-gr5ade4' #d ,! ,manufacture ( ,hatr$ ,b if !re is no natural hatr$ betwe5 ! two bellig]5t protagoni/s1 !re is a fev]i% production ( ! artificial v>iety4 ,inde$ ?is dilig5t manufacture ( hatr$ is probably ! mo/ demoralis+ result ( w>f>e1 p>ticul>ly disa/r\s 9 its e?ical effect on ! individual4 ,x proce$s by ! ord9>y me?ods ( deceit1 suppression ( ! true & sugge/ion ( ! untrue1 & by means ( ! newspap]s ?is process ( moral deg5]ation is sometimes actively direct$1 sometimes only p]mitt$ or enc\rag$ by ! ,gov]nm5ts conc]n$4 ,! ,london press is always ready to swall[ ! pa!tic fabrications ( unscrupul\s refugees1 & publi%es ) joy any ,rott]dam rum\r ab\t ,g]man be/iality2 b refuses to pr9t any report h[ev] au!ntic :i* v5tures to sugge/ t ! ,g]mans are z human z ourselves4 ,!re 01 = in/ance1 a ,canadian woman1 ,dr4 ,sc>lett-,synge1 :o "u ! aegis ( h] m$ical diploma1 return$ f ,s]bia ?r\gh ,g]many1 & discov]$ t "s ( ! ,g]man int]nm5t camps are n z bad z !y are commonly believ$ to be4 ,:atev] h] qualifications & opportunities = =m+ a correct op9ion1 & !y happ5 to h be5 p>ticul>ly good1 !re is no d\bt t ?is woman's report 0 ( ! highe/ int]e/4 ,yet n a s+le daily pap] 9 ,engl& w\ld consid] its publication1 on ! gr\nd presumably t x might r$uce ! national inflammation & !reby prejudice recruit+4 ,z if true patriotism1 sane & lovely1 _h any?+ to d ) ! pa?ological condition ( hatr$4 ,recruit+ be damn$1 says ! patriotic philosoph]1 odium nunquam pote/ esse bonum4#gf ,! me?od ( di/ortion is also abundantly us$ by j\rnali/s ( bo? p>ties4 ,g]man hatr$ ( ,engl& has (t5 be5 /ok$ up by isolat$ mi/ranslations ( s5t5ces f ,! ,times1 & ,engli% & ,fr5* j\rnali/s h n be5 sl[ 9 foll[+ ! ,g]man example4 ,x is said t aft] ! fall ( ,antw]p ! ,koelnis*e ,zeitung ann\nc$ t z soon z ! fall ( ,antw]p 0 kn[n ! *ur* bells 9 ,g]many 7 rung1 a h>mless message :i* 0 successively di/ort$ by ! ,mat91 ! ,daily ,mail1 & ! ,corri]e della ,s]a1 until x f9ally reappe>$ 9 ! ,mat9 9 ! foll[+ =m3 ,accord+ to ! in=mation ( ! ,corri]e della ,s]a f ,london & ,cologne x is confirm$ t ! b>b>ic conqu]ors ( ,antw]p puni%$ ! un=tunate ,belgian prie/s = _! h]oic refusal to r+ ! *ur* bells by hang+ !m z liv+ clapp]s to ! bells ) _! heads d[nw>ds4#gg ,! ,manufacture ( ,hatr$ is un=tunately become a "p ( ! ,nationali/ ,movem5t 9 ne>ly all mod]n ,european ,/ates4 ,! spuri\s ,nationalism :i* is ! result n ( race b ( education1 dep5ds = its exi/5ce almo/ entirely on s-call$ e?nological propag&a & cont9ues to ?rive by ! cultivation ( two propositions1 nei!r ( :i* is true3 t all ! memb]s ( "o national gr\p are racially diff]5t f all ! memb]s ( ! neighb\r+ gr\p2 & t ?is racial diff]5ce naturally & necess>ily & prop]ly implies ! mutual hatr$ ( ! two nations4 ,!y proclaim1 9 fact1 t c]ta9 nations are ! natural enemies ( c]ta9 o!rs1 by hat+ :i* !y are only fulfill+ ! national function ( self-realisation4 ,by su* argum5ts1 :i* h no g5u9e e?nological f\ndation1 ! false prophets ( nationalism are fill+ ,europe ) ! racial prejudice ( artificial ,kelts1 artificial ,poles1 & artificial ,teutons4 ,( c\rse race hatr$ betwe5 ,slav & ,teuton is no m natural ?an family hatr$ betwe5 ,jones & ,rob9son2 & ev5 if x 71 ev5 t is if ! cultures ( two neighb\r+ races 7 mutually exclusive1 x c\ld /ill be argu$--z x mu/ 9 any case be argu$--t no nation is racially pure4 ,! la/ ,pole ,i met pr\dly pr(ess$ t ! hatr$ ( ,russia 0 9 8 blood4 ,yet he 0 born 9 ,bess>abia1 & x 0 !re=e n surpris+ t 8 facial type 0 di/9ctly ,r\manian2 he came1 t is1 if race means any?+ at all1 ( a ,grco-,lat9 /ock1 & 8 hatr$ ( ,russia1 :i* seem$ to be ! beg9n+ & ! end ( 8 programme ( ,poli% nationalism1 0 ! result ( a few ye>s ( neglect$ education4 ,half ! conflict+ ,nationalisms ( ,europe are programmes ( artificial hatr$1 ! propag&i/s ( :i* may actually be ( ! same blood z _! oppon5ts2 a s+le g5]ation suffices = ! manufacture ( ! racial en?usia/1 :i* is (t5 complet$ by a modification ( ! family "n4 ,ev5 ,greeks & ,bulg>s are frequ5tly ( common desc5t4 ,:5 a ,mac$onian village *anges h&s ! ,greek ,k>agiozes has be5 kn[n to develop into ! ,bulg>ian ,k>agioz(f2 & a ,maz>akis w boa/ a racial incompatibility ) 8 second c\s9 ,madj>ieff4 ,! same process = ! manufacture ( nationalism may be detect$ at ! o!r end ( ,europe3 at ,mons ( glori\s memory !re 0 a ,walloon ) ! good old ,walloon "n ( ,le ,gr&1 ^: gr&fa!r _h be5 an equally en?usia/ic ,flem+ ) ! good old ,flemi% "n ( ,de ,groodt4 ,true nationalism may inde$ be diff]5tiat$ by ! abs5ce ( ?is artificial elem5t ( e?nological hatr$4 ,true nationalism is simply ! feel+ = ! small indep5d5t community1 a movem5t = ! autonomy ( ! local gr\p4 ,no true manife/ation ( ! nationali/ movem5t 9 ,europe is ev] oppos$ to o!r nationalisms2 b all alike are involv$ 9 a desp]ate political conflict ) _! common enemy ,imp]ialism4 ,,footnotes3 ,footnote #gf3 ,sp9oza1 ,e?ica1 ,,iv1 #de4 ,footnote #gg3 ,lab\r ,lead]1 ,m>* #cj1 #aiaf1 quot+ an address by ,mr4 ,ar?ur ,ponsonby1 ,m4,p4--,i h n be5 able to v]ify ^! ref]5ces1 s ,i give ! /ory only z an example ( ! me?od ( progressive di/ortion1 & n z "o t actually occurr$1 ?\gh x may h done s4 #e ,imp]ialism ! ,enemy ,imp]ialism1 on ! o!r h&1 is ! feel+ = l>ge dom9ions & is v (t5 only an unreason+ lu/ = ! possession ( t]ritory3#gh surviv+ p]haps f ! "t :5 ! l& ( ! community 0 reg>d$ z ! res]v$ hunt+-gr\nd ( ! tribal *ief1 or at lea/ z ! private e/ate ( ! national mon>*4 ,b 9 s f> z ?is passionate desire = ext5d+ ! sup]ficial t]ritory "u ! c5tral gov]nm5t is a reason+ desire1 9 s f> t is z attempts h be5 made to ju/ify by retrospective !ories ! almo/ in/9ctive a*ievem5ts ( pa9t+ ! map r$1 x is fairly cle> 7al?\gh ! issues h be5 confus$ by altrui/ic & ,kipl+esque b n by any means unf\nd$ views ab\t ! ,:ite ,man's ,burd57 t ,imp]ialism is bas$ on ! insatiable claims ( ov]-productive comm]ce4 ,comm]ce at any rate is ! ex po/ facto excuse = ! f\ndation ( ! ,briti% ,empire1 & if x c no long] be plead$ z a reason = ! ma9t5ance ( ! ,briti% ,empire1 x is simply because ! ,briti% ,empire is no long] an empire1 b = ! mo/ "p a f$]ation ( autonom\s /ates4#gi ,b ,imp]ialism has only be5 scot*$ by ! unconsci\s wisdom ( ,engli% political developm5t4 ,x /ill unhappily survives n only 9 ! int]mitt5t dem& = ! acquisition ( fre% colonial t]ritory1 b also1 9 its crude/ =m1 )\t ev5 ! %ad[ ( an excuse comm]cial or altrui/ic1 9 ! cont9u$ subjection ( ,irel& to ,engli% rule4 ,we mu/ n be surpris$ if ! imp]iali/ic elem5ts ( ! ,/ate receive aft] ! w> a new lease ( life f ! mutual enc\ragem5t ( comm]ce & milit>ism4 ,! comm]cial classes ( c\rse support ,imp]ialism because1 ) an obtus5ess p]mitt$ only to our bus9ess m51 !y believe t ! acquisition ( m colonies /ill means ! discov]y ( new m>kets4#hj ,!y h n yet realis$ t n[adays all m>kets are practically op5 m>kets1 & t no t>iff c effectively exclude goods = :i* !re is any dem&1 = ! simple reason t an effective dem& *e]fully pays an increas$ price4 ,all nations 9 fact /& to %>e fairly ! comm]cial advantage ( ea* o!r's colonial m>kets3 & x might ev5 be %[n by a little simple book-keep+ t ! p>ticul> balance any nation ga9s f trad+ ) a colony ( its own mu/ be debit$ ) ! exp5se ( gov]n+ t colony4 ,9 %ort1 ! comm]cial excuse = ,imp]ialism is actually obsolete4 ,yet comm]ce cont9ues to support ,imp]ialism1 & al?\gh ! orig9al reason = ?is support is no long] valid1 x is /ill1 unconsci\sly p]haps b v me?odically1 s]v+ its own int]e/s by ?is support1 9 s f> z ,imp]ialism involves milit>ism 7or navalism7 & s leads to ! probability ( w>4 ,b ev5 if ! comm]cial reasons :i* con/itute ! only possible excuse = ,imp]ialism 7 /ill valid1 x w\ld /ill rema9 equally valid & mu* m important t ,imp]ialism is bad 9 itself1 ! enemy ( lib]ty & ! begett] ( arrogance4 ,imp]ialism is bad on g5]al gr\nds because x implies a c5tralisation ( au?ority :i* violates ! natural rights ( nationalities4 ,a nationality1 z has already be5 sugge/$1 means n necess>ily a pure racial enclave1 b simply a small local gr\p1 9 ! =mation ( :i* simil>ity ( race1 religion1 & culture w n be ignor$ b w naturally be consid]$ z modifications ( prim>ily geographical b\nd>ies4 ,! "r ( nationalities to local autonomy1 to deal aga9 only ) ! simple/ g5]al reason1 is bas$ on ! idea ( democracy1 ! ex]cise ( a political voice be+ reg>d$ z a natural & inali5able "r ( ! free citiz54 ,democracy means repres5tative gov]nm5t1 & repres5tative gov]nm5t simply does n "w 9 a l>ge & mix$ community ( m ?an tw5ty millions4#ha ,h5ce ! "r ( nationalities to local autonomy is fundam5tal1 & is inconsi/5t ) ,imp]ialism z su*4 ,imp]ialism is bad because x is bas$ on conque/1 implies a subject race1 & soon] or lat] w h to be ma9ta9$ by w>4 ,x bre$s a conqu]+ & comm]cial _s1 :i* is nev] satisfi$ unless x is c>ry+ "s "o else's burd5 7at a high freight74 ,! imp]iali/ plutocracy w !n f9d itself s mu* occupi$ ) o!r p's affairs t x w be neglect+ dome/ic politics altoge!r3 & ?is neglect w be ! m disa/r\s 9 s f> z pov]ty & s]vitude w h increas$ at ! same rate z luxury4 ,! citiz5s ( an ,imp]iali/ /ate w be unable to control _! comm]cial ma/]s1 &1 z ,r\sseau said ( ! ,engli%1 w soon f9d !mselves a nation ( slaves#hb3 & t n only because a policy ( conque/ is incompatible ) democracy2 b also because ! lu/ ( conque/ & ! arrogance ( ,,footnotes3 ,footnote #gh3 ,h4 ,n4 ,brails=d 7,! ,w> ( ,/eel & ,gold1 p4 #abe7 speaks ( an indiff]5t democracy4 ,unhappily our democracy is n indiff]5t to ,imp]ialism1 = x is misl$ to believe t m]e expansion is someh[ gr& & good2 ! only geography x le>ns at s*ool is miscall$ patriotic because x is design$ to enc\rage ?is belief4 ,footnote #gi3 ,i4e4 z a real ,empire1 ! ,briti% ,empire 0 a failure1 z all ,empires mu/ be4 ,x has be5 a success s9ce x ceas$ to be an ,empire ab\t a hundr$ ye>s ago4 ,cf4 ,pr(essor ,h4 ,e4 ,eg]ton's rem>k3-- ,! ,briti% ,colonial ,empire ( to-day is n ! ,empire :i* 0 ! outcome ( sev5te5?-c5tury me?ods4 ,s f> z ! coloni/s !mselves 7 conc]n$1 ,engli% colonisation 79 ! sev5te5? & eighte5? c5turies7 0 a complete success1 b f ! po9t ( view ( ! "m c\ntry x 0 a failure1 & ! rock on :i* x f\nd]$ 0 ! same rock :i* lo/ ,am]ica to ,spa9 & caus$ ,canada to acquiesce 9 sep>ation f ,france4 ,footnote #hj3 ,i am a%am$ to say t :5 ,i wrote ^! *apt]s ,i _h n read ,mr4 ,h4 ,n4 ,brails=d's ,w> ( ,/eel & ,gold4 ,b ,mr4 ,brails=d's brilliant exam9ation ( ! connection betwe5 ,w> & ,f9ance is q consi/5t ) my supplem5t>y !ory ( ,w> & ,trade4 ,trade supplies no explanation ( ,imp]ialism1 says ,mr4 ,brails=d 7p4 #ge74 ,x does1 9 s f> z ,trad]s support ,imp]ialism because !y ?9k x is good = ,trade3 :ile f9anci]s1 z ,mr4 ,brails=d %[s1 support ,imp]ialism because !y "k x is good = inve/m5ts4 ,footnote #ha3 ,:at is vital to any real ,democracy 9 a d5sely-peopl$1 economically-complicat$ mod]n ,/ate1 is t ! ,gov]nm5t %\ld n be "o4 ,! v conc5tration ( au?ority :i* is ess5tial 9 w> is1 9 peace1 fatally de/ructive n ( fre$om alone1 b also ( t maximum individual developm5t :i* is ! v end & purpose = :i* society exi/s4--,sidney ,webb1 ,t[>ds ,social ,democracy81 #aiaf4 milit>ism acquire /r5g? ) ea* fre% lic5ce until ! community z a :ole is q unable to control its own bas] passions--a condition :i* m ?an any o!r m]its ! "n ( s]vitude4#hc ,imp]ialism is a =m ( political corruption 9 :i* a nation is consol$ = its own slav]y by ! pride ( enslav+ its neighb\rs4 ,! atta9m5t ( p]man5t peace connotes ! ab&onm5t ( ,imp]ialism4 ,,footnotes3 ,footnote #hb3 ,les ,anglais veul5t tre conqurants2 donc ils ne t>d]ont pas d'tre esclaves4--,political ,writ+s1 ,c4 ,e4 ,vaughan1 ,i1 #cgc4 #f ,possible ,objects ( ,w> ,if ! nations are prep>$ to ab&on ! claims ( ,imp]ialism !re w be v little else left to fight ab\t4 ,an exam9ation ( ! docum5ts connect$ ) any w> ( ! la/ c5tury %[s t ! object ( a bellig]5t 9 prolong+ ! agony is usually express$ 9 vague language t c be dissolv$ by a little analysis4 ,sometimes a gov]nm5t w propose1 9 ! int]e/s ( peace & good gov]nm5t1 to cru% ! enemy's aggressiv5ess by a purely def5sive aggression1 an excuse = blood%$ :i* only ! mo/ fanatical pacifi/ c\ld confuse ) ,mr4 ,asqui?'s blunt wat*word ( cru%+ ,g]man milit>ism4 ,! logical fallacy ( su* an excuse :i* is almo/ inv>iably plead$ by p[]ful bellig]5ts1#hd a fallacy ( :i* no "o c\ld wi% to accuse ,mr4 ,asqui?'s solid intellect1 lies 7q ap>t f any "q ( ! priority ( aggression7 9 ! fact t any attempt to cru% by =ce ! ,w to ,conqu] inevitably bre$s m milit>ism4 ,! tag ab\t tak+ a lesson f ! enemy1 fas e/ et ab ho/e doc]i1 is only "o half ( ! unhappy tru? t ! fight] is fatally b\nd to acquire 8 enemy's wor/ *>act]i/ics4 ,! object und]tak5 app>5tly 9 ! int]e/s ( democracy c only be accompli%$ by ! :olesale suppression ( democratic rights1 & involves an organis$ manufacture ( imp]iali/ic emotion :i* ends by delegat+ ! au?ority ( ! ,/ate to a reaction>y triumvirate ( bureaucracy1 j+oism & vulg>ity 7or ,tory1 ,l&[n] & ,j\rnali/74 ,! gu>antees ( democracy1 ! rights ( free ?\ght & free spee*1 e sort ( civil lib]ty & e def5ce aga9/ ! s]vile /ate1 w all h to be suppress$ 9 ! int]e/s ( ! nation at w>4 ,x is ! old /ory ( ! conv]sion ( ,?ais by ,paphnutius3 ! prea*] snat*es lovely ,?ais f ! burn+1 b himself is damn$--si hideux qu'en passant la ma9 sur son visage1 il s5tit sa laideur4 ,a is :ite & f9ds x necess>y to :itewa% ,b1 :o is black3 aft] sev]al ye>s ( hopeless grey1 ,a f9ds t he has inde$ put "s v satisfactory daubs ( :itewa% all ov] ,b1 b t 8 own coat has be5 black5$ 9 ! c\rse ( ! /ruggle4 ,x is z if a g>d5]1 hav+ he>d ( ! cannibali/ic habit ( e>wigs1 propos$ to ext]m9ate ! e>wig 9 8 rose-g>d5 by import+ a special army ( five million e>wigs collect$ at great exp5se f ! surr\nd+ c\ntry4 ,o!r bellig]5t gov]nm5ts w raise ! plea ( *eck+ ! spread ( a ho/ile & dang]\s culture2 a plausible because app>5tly philosophical ju/ification ( w> z ! only means ( extirpat+ a h]esy t might p]v]t ! :ole future ( ,european civilisation4 ,un=tunately su* a moral effect1 su* a conv]sion by %ock1 c\ld only be accompli%$ by a v sudd51 complete & %att]+ victory2 & x is n[ beg9n+ to be recognis$ t spectacul> triumphs are n to be expect$ 9 mod]n w>f>e4 ,b ev5 if x 7 z possible by viol5ce z x might conceivably be desirable to extirpate or ev5 to limit ! propagation ( a p>ticul> =m ( m5tal culture1 ! a*ievem5t w\ld c]ta9ly n be wor? ! co/ to ! unhappy survivors & _! po/]ity4 ,x w\ld inde$ be a crime aga9/ humanity to elim9ate ! bett] "p ( ! y\ng] g5]ation1 ! fl[] ( human bra9s1 9 ! mon/r\s p$antry ( attempt+ to correct an intellectual error4 ,= ! risks ( mod]n w>f>e are n ord9>y4 ,x is n suffici5tly realis$ t 9 six mon?s ( (f5sive tactics "u mod]n conditions no man 9 ! front l9e has m ?an "o *ance 9 a million ( escap+ dea? or mutilation4 ,!re may rema9 ! plea t a prolong$ campaign is necess>y 9 ord] by exhau/ion to compel ! enemy to evacuate "s t]ritory t he may h wrongfully occupi$4 ,! inevitable answ] to su* a plea w\ld be t if a w> _h arriv$ at a /age 9 :i* !re 0 a cle> possibility ( co]c+ ! enemy by a process ( exhau/ion1 t possibility1 if x 7 well-f\nd$1 w\ld c]ta9ly n h escap$ ! intellig5ce ( ! enemy1 :o w\ld consequ5tly be prep>$ to save 8 face by com+ to t]ms4 ,! evacuation ( ! occupi$ t]ritory1 or :atev] x is t 0 to be a*iev$ by ! co]cive exhau/ion ( ano!r ye> or two ( battle1 might !n be obta9$ by negotiation at once1 & at ! co/ ( a c]ta9 am\nt ( pap] & ink1 in/ead ( be+ =c$ on a rev5geful & embitt]$ oppon5t by ! exp5sive process ( kill+ "y m51 a process :i* has ! disadvantage ( work+ bo? ways4 ,! conclusion ( ^! g5]al consid]ations seems to be t all ! argum5ts t are likely to be put =w>d 9 ! c\rse ( a w> 9 ord] to excuse & ensure its cont9uation1 are only excuses to ga9 "t1 put =w>d 9 hope t ! *ances ( a fur!r campaign may enable ! gov]nm5t conc]n$ to retrieve "s app>5t advantage out ( ! disa/r\s muddle ?r\gh :i* !y drift$ into ! fir/ decl>ation ( w>4 ,hav+ drawn ! sword 9 a mom5t ( emb>rassm5t1 !y h n[ jolly well got to pret5d t x 0 ! "r ?+ to d1 & are n go+ to %ea! x till !y see a *ance ( prov+ t !y are glad !y drew x4 ,9 %ort1 !re comes a po9t 9 all mod]n w>s 9 :i* ! bellig]5ts are fight+ = no?+ at all1 except = a m or less advantage\s position f :i* to discuss a way to /op fight+4#he ,,footnotes3 ,footnote #hc3 ,sp9oza1 ,e?ica1 ,,iv1 praefat4 ad init4 ,humanam impot5tiam 9 mod]&is et co]c5dis affectibus s]vitutem voco4 ,footnote #hd3 ,see above1 #b1 on def5sive w>1 & comp>e a passage f ,mr4 ,c4 ,grant ,rob]tson's lett] 9 ,! ,times ( ,augu/ #ae1 #aiaf3-- ,bism>ck repeat$ly & explicitly 9 ! ,rei*/ag ju/ifi$ ! w>s ( #ahfd1 #ahff1 & #ahgj z 'def5sive'--i4e4 z n 'will$' by ,prussia4 ,on ! contr>y1 !y 7 w>s '=c$' on a peace-lov+ ,/ate d5i$ its 'rights' by ,d5m>k1 ,au/ria1 & ,france4 ,! argum5t1 briefly1 on ,bism>ckian pr9ciples is ?is4 ,prussia's policy is an ',int]ess5politik'--a policy ( 'int]e/s4' ,an 'int]e/' conf]s a '"r4' ,! satisfaction ( 'national int]e/' is !re=e ! a*ievem5t ( 'national rights4' ,if ^! 'rights' c be a*iev$ by a compromise--i4e4 by ! complete surr5d] ( ,prussia's oppon5ts to ! dem&s bas$ on ^! 'rights'--t is a pro( ( h] peace-lov+ nature4 ,b if h] oppon5ts refuse1 !n ! w> by :i* ! 'rights' are secur$ is a w> '=c$' on ,prussia4 ,%e has n 'will$' x4 ,x is a 'def5sive' w> to prev5t ! robb]y ( h] 'rights' by o!rs2 ,bism>ck1 n )\t difficulty1 conv]t$ 8 ,sov]eign to ?is argum5t4 ,9 ea* case--#ahfd1 #ahff1 #ahgj--,william ,i 0 ultimately conv9c$ t ,d5m>k1 ,au/ria1 & ,france 7 resi/+ ! 'rights' ( ,prussia1 & t w> to secure !m 0 'def5sive1' '=c$' on ! ,k+1 & j4 ,! successful issues confirm$ ,william's consci5ce & prov$ t ,bism>ckian pr9ciples _h ! ,div9e sanction4 ,footnote #he3 ,?is attitude is well illu/rat$ by ! hi/ory ( ! ,crimean ,w>4 ,9 ,janu>y1 #ahee1 peace seem$ impossible until "s ( ! disgrace 0 wip$ away1 & ! pacifici/s1 ,cobd5 & ,bright1 7 burn$ 9 effigy4444 ,! prolongation ( ! w> call$ out no prote/ f ! public4 ,yet ! popul> w> produc$ an unpopul> peace4 ,:5 aft] ano!r ye> ( fight+ our ,fr5* allies f9ally insi/$ on peace1 '!re 0 no indication1' said a ,fr5*man1 'z to :i* 0 ! victor & :i* ! vanqui%$4' ,reviews & illum9ations c\ld n obscure ! tru?2 ,brita9 _h sacrific$ lives & treasure & obta9$ little 9 return4--,alice ,gre5's ,epilogue to ,j4 ,r4 ,gre5's ,%ort ,hi/ory ( ! ,engli% ,p4 #g ,physical ,=ce 9 a ,moral ,_w ,! explanation ( all ?is seems to lie 9 ! simple fact t x is = ev] impossible to solve que/ions ( moral or political pr9ciple by ! exp5diture ( physical =ce4 ,anyone at all conv]sant ) philosophical ?\ght1 if ,i may adopt a simile us$ by ,mr4 ,h4 ,g4 ,wells1 w\ld z soon ?9k ( try+ to kill ! squ>e root ( #b ) a rook rifle4 ,physical viol5ce c only solve purely physical problems4 ,b z man no long] exi/s1 if he ev] did exi/1 9 ! completely unsocial /ate ( nature1#hf ! relations ( "o individual ) ano!r are no long] purely physical3 _! position z memb]s ( "o society has giv5 !m a moral relation1 que/ions affect+ :i* c only be settl$ by ref]5ce to ! judgm5t ( ! society z a :ole4 ,)9 ! limits ( ! ,/ate ?is fact is already cle>ly recognis$ by ! common voice ( public op9ion4 ,if ,smi? qu>rels ) 8 neighb\r ,rob9son1 because ,smi?'s old ,engli% %eep-dog is suspect$ ( hav+ scrat*$ up ,rob9son's lawn1 & ,smi? says ! poor dog w\ld nev] d su* a ?+1 & anyh[ ,rob9son _h no bus9ess to leave 8 back gate op51 :ile ,rob9son decl>es t t brute is becom+ a damn$ nuisance1 & s provokes ,smi? to express a hope t n[ p]haps t grass ( ,rob9son's won't want s mu* godless m[+ on ,sunday morn+3 if two neighb\rs1 9 %ort1 h a diff]5ce ( op9ion !y bo? "k p]fectly well t ! rights ( ! argum5t c nev] be decid$ by a free fight 9 ! middle ( ! road1 ev5 if "o ( !m happ5s to be a heavy-weight *ampion4 ,moreov]1 if !y d come to bl[s x is p]fectly c]ta9 t ! op9ion ( ! :ole road w be aga9/ !m1 & t ! ,law1 to :i* !y might h appeal$ 9 ! fir/ in/ance1 w int]v5e z ! embodim5t ( t op9ion4 ,! /reet fight is cle>ly recognis$ z n only futile b immoral2 x n only settles no que/ions ( pr9ciple b x con/itutes a brea* ( ! moral relation betwe5 two memb]s ( "o community2 x is become m]ely a r sordid exhibition ( irrelevant physical facts4 ,! av]age citiz5 ( ,engl& or ,g]many w\ld nev] ?9k ( enc\rag+ a fight betwe5 two sides ( a /reet3 :y does he n recognise ) equal directness ! futility & immorality ( a fight betwe5 two sides ( a cont95t8#hg ,x is only because public op9ion has n yet effectively realis$ t ! moral sph]e includes n only ! citiz5s ( "o city & ! cities ( "o nation1 b ! nations ( a cont95t & ! cont95ts ( ! _w4 ,b x is a fact t ! moral sph]e does include ! :ole ( humanity1 :o are colleagues 9 ! task ( civilisation1 inspir$ by ! tw5tie?-c5tury coroll>y ( gloomy n9ete5?-c5tury religi\s agno/icism1 ! *e]ful coroll>y t x is ,man's duty r ?an ,god's to improve ! habitable e>?4 ,! tru? ( ?is fact is already recognis$ by ! bett] ?\ght ( all ! nations conc]n$1 & !re is no reason :y x %\ld be )held any long] f ! p :o suff] mo/ by its suppression4 ,z soon z public op9ion is all[$ to grasp ?is tru?--& x is only too will+ to clut* at any g5]alisation t is emotionally enc\rag$ by its gov]nors--!re ne$ be no difficulty at all 9 embody+ t op9ion 9 "s =m ( int]national gov]nm5t3 =1 z ,r\sseau might h said1 :]e !re's a ,g5]al ,w1 !re's a way4 ,z a matt] ( fact ! way has already be5 admirably mapp$ by sev]al p>ties ( surveyors4#hh ,on ! con/itution ( an ,int]national ,au?ority1 ev5 on ! g5]al aspiration ( ,europe t[>ds "s =m ( sup]national judicature1 w> w cease to h any m attraction or ju/ification ?an ! /reet brawl4 ,= w> is actually 9 ! community ( nations :at ! /reet fight is betwe5 individual citiz5s4 ,w> is futile1 because x c settle no que/ions ( pr9ciple2 x is immoral1 because x is an (f5ce aga9/ ! memb]%ip ( a moral community4 ,!re is abundant evid5ce 9 ,blue ,books & 9 ! ov]t acts ( ,g]many t w> releases & enc\rages ! elem5t>y brutality ( ! individual :i* is normally inhibit$ by ! consci\sness ( social relations4 ,i h tri$ to %[ 9 a =m] *apt] t w> s]ves ! l[e/ int]e/s ( a p>asitic comm]cial class at ! exp5se ( ! bett] "p ( ! community4 ,w> fo/]s at ! same "t ! base/ elem5ts 9 ! individual1 & ! base/ individuals 9 ! community4 ,w> is a crime aga9/ ! peace ( ! p4 ,,footnotes3 ,footnote #hf3 ,supra1 ,i1 #e4 ,footnote #hg3 ,mr4 ,gilb]t ,cannan has not$ some:]e t a '/raight' fight betwe5 ,great ,brita9 & ,g]many w be l a fight betwe5 two drunk5 wom5 9 a slum4 ,footnote #hh3 ,see1 = example1 ! q def9ite & complete report on ,int]national ,gov]nm5t1 publi%$ by ! ,fabian ,society 7#aiaf73 & comp>e ,mr4 ,j4 ,a4 ,hobson's book ,t[>ds ,int]national ,gov]nm5t1 & ,mr4 ,h4 ,g4 ,wells' ,! ,_w ,set ,free4 #h ,imp]ialism & ,capitalism ?r\gh ,w> & ,trade ! ,enemies3 ,socialism to ! ,rescue ,x is ! mo/ rem>kable fact 9 political bibliography t all ! ,utopias wor? m5tion+ h be5 writt5 by ,sociali/s4 ,! fact is n surpris+ to anyone :o has consid]$ t ! ,sociali/s are ! only political p>ty 9 ! ,/ate :o ev] attempt to look m ?an a doz5 ye>s ahead4 ,! ord9>y politician /e]s ! %ip by keep+ a look-out = rocks & squalls1 & does n tr\ble to make = any di/ant l&m>k4 ,only ! ,sociali/ looks ahead to a h>b\r atta9able p]haps 9 a hundr$ ye>s1 f :i* a happi] voyage may be begun4 ,only ! ,sociali/ seems to realise t 9 ! _w conceiv$1 z mod]n ?\ght mu/ conceive x1 z a cont9u\s process1 ,gov]nm5t r ?an ,trade1 ,sci5ce & ,art r ?an ,indu/ry are ! *ief activities ( ! citiz54 ,gov]nm5t is no?+ less ?an ! organisation ( ! ,/ate to take its place among ! o!r ,/ates ( ! _w4 ,x includes ( c\rse education1 be+ itself a =m ( education3 = ! ,/ate mu/ be educat$ to fulfil its duty to o!r ,/ates1 j z ! citiz5 mu/ be 7& m or less is7 educat$ 9 duty t[>ds 8 neighb\r4 ,! fir/ task ( education is naturally to elim9ate viol5ce1 to inhibit1 by induc+ 9 ! "y citiz5 ! recognition ( mutual rights1 ^? acts ( f]ocity by :i* primitive man in/9ctively expresses 8 solipsi/ic passions4 ,b :]e1 x may well be ask$1 is ! au?ority :i* is to beg9 ! neglect$ education ( ! nations ( ,europe8 ,:]e is :at ,mr4 ,boon 7or ,mr4 ,bliss7 w\ld call ! ,m9d ( ! ,race8 ,at pres5t ! only body ( doctr9e ) any conception ( ! nature ( gov]nm5t = ! collective b5efit ( humanity is ,int]national ,socialism4 ,x is ! ,int]national ,sociali/s :o mu/ lead ! attack on ,w>1 if only because ! only in/igators ( w> !mselves =m an int]national body 9 s f> z ! only occasions = w> are contriv$ by ! ,imp]iali/s & ,capitali/s :o are to be f\nd 9 e nation4 ,to ,socialism belongs ! duty ( educat+ ,europe aga9/ ,imp]ialism1 z x has begun to educate ! nation aga9/ ,capitalism2 = ,imp]ialism is only an allotropic =m ( ,capitalism1 manife/+ itself 9 ! exploitation ( fell[-nations in/ead ( 9 ! exploitation ( fell[-citiz5s4 ,! fir/ /ep 9 t education mu/ be ! fight n only aga9/ private or pr(ite]+ ,trade1 b aga9/ private or pr(ite]+ ,w>3 & private w> is e w> t is n au?oris$ by an ,int]national ,au?ority & wag$ by an ,int]national army4 ,i seem to h he>d x said be=e t !re is only "o way to break ! *a9s t b9d u3 & t ,amalgamation is ! "m ( ,lib]ty4 ,! ne$ = ! education ( ,europe is a call to ! ,trade ,unioni/s & ,fabians & ,collectivi/s & ,guildsm5 ( e ,nation3 ,,sociali/s ,,( ,,! ,,_w ,,unite4 99 99 99 99 99 ,,app5dix ,,to ,,*apt] ,,iii ,,"s ,,typical ,,w> ,,pr(its ,i4 ,! ,man*e/] ,gu>dian1 ,janu>y #c1 #aiaf3 ,,briti% ,,indu/ry ,,9 ,,w> ,! fir/ full cal5d> ye> ( w> has be5 a p]iod ( unp>allel$ indu/rial activity &1 g5]ally speak+1 prosp]ity 9 ?is c\ntry4 ,heavy losses & bad times h be5 enc\nt]$ 9 a few important indu/ries1 b ^! are balanc$ by unprec$5t$ pr(its made by a l>ge v>iety ( indu/ries1 :e!r directly or indirectly affect$ by ! w>4 ,"o frequ5tly f9ds t ! neutral visitor c>ries away ) him an impression ( indu/rial ,engl& z "o great liv+ ars5al4 ,t is n surpris+1 z s9ce ,july la/ ! ,munitions ,m9i/ry has erect$ 7or improvis$7 & />t$ a l>ge numb] 7x is n p]missible to say h[ _m7 ( ,/ate munitions works1 & x has also mobilis$ ! :ole eng9e]+ res\rces ( ! nation to su* an ext5t t 9 ! fir/ week ( ,decemb] no few] ?an #bjbf manufactur+ e/abli%m5ts _h be5 decl>$ controll$ firms4 ,b x w\ld be a mi/ake to suppose t1 :ile w> manufactures prosp]$1 all o!r indu/ry langui%$ & decay$4 ,to prove ! contr>y & %[ t only "h & !re 7 !re heavy losses1 we may quote "s figures compil$ by ! ,economi/1 :i* %[ t #gbj indu/rial conc]ns publi%+ _! reports dur+ ! fir/ n9e mon?s ( #aiae1 & hav+ a capital ( #eca1fgh1gja1 made pr(its am\nt+ to #eb1hha1cjj1 or "u #b-a_/d millions less ?an 9 ! previ\s ye> 7:i* 9 ! case ( almo/ all ! reports 0 a ye> be=e ! w>74 ,dissect+ ^! figures1 we f9d t n only iron1 coal1 /eel1 & %ipp+ companies report enorm\s pr(its1 b t increas$ e>n+s 7 %[n by brew]ies1 gas1 rubb]1 oil1 & tru/ companies1 & o!rs4 ,! l>ge exceptions :i* depress$ ! total pr(its 7 textile companies 7o!r ?an ^? engag$ on w> contracts71 cat]+1 & cem5t companies4 ,%ipp+ leads ! van ( prosp]ity ow+ to ph5om5al freight rates1 :ile iron & /eel & %ipbuild+1 z direct & e/abli%$ purveyors ( armam5ts1 are close beh9d4 ,z %[+ ! indu/rial t5d5cy ( ! ye>1 "o may quote ! rem>ks ( a tru/ company *airman at a rec5t meet+4 ,( #aej home inve/m5ts possess$ by 8 company1 he rem>k$ t a hundr$ _h s9ce ! w> yield$ ! same z 9 ! ye> be=e w>1 :ile ?irty _h paid less & tw5ty m4 ,into ! circle ( munition produc]s h be5 drawn cycle & motor1 ma*9]y1 electrical1 & _m o!r bran*es ( manufacture4 ,( o!r indu/ries driv5 to fev] heat by ! w> may be m5tion$ wooll5 & lea!r factories4 ,second>y effects ( ! w> also produc$ a boom 9 sev]al unexpect$ qu>t]s4 ,= in/ance1 ! high wages e>n$ by w> work]s1 & too g5]\sly sp5t 9 a va/ numb] ( cases1 l$ to a /rong dem& = *eap furniture1 pianos & _m types ( h\sehold goods :i* 9 normal times are usually out ( rea* ( ! purse ( mo/ wage-e>n]s4 ,b "o tr\ble has beset all indu/ries 9 common--a %ortage ( lab\r1 :i* _c b gr[ ) e increase to ! numb]s ( m5 draft$ f ! ranks ( productive indu/ry into ! army or ! munitions works4 ,f all qu>t]s comes ! tale ( ord]s1 bo? f home & f abroad1 t _c be accept$4 ,9 ! case ( =eign ord]s t h to be refus$1 ! lab\r %ortage has :at "o fe>s may be la/+ consequ5ces4 ,= cu/om once div]t$ to ,am]ica or else:]e is n easily rega9$4 #b4 ,! ,man*e/] ,gu>dian1 ,m>* #c1 #aiaf3 ,,m ,,great ,,pr(its ,,holt ,,l9e',s ,,enorm\s ,,surplus ,! ,*9a ,mutual ,/eam ,navigation ,company 7,holt ,l9e7 has _h a great] ye> ?an ev]4 ,x has be5 suppos$ t regul> l9]s 7 gett+ little b5efit f ! boom 9 freights1 b a pr(it ( #eia1jje1 z aga9/ ab\t #bid1jjj 9 #aiad & #chf1dah 9 #aiac1 c only be expla9$ by a v l>ge p>ticipation 9 special w>-"t ga9s4 ,! divid5d & bonus on ! ord9>y %>es make #ajf p] c5t = ! f\r? ye> 9 succession1 & a /ill l>g] sum is be+ kept 9 h&1 #bjj1jjj be+ put to ! res]ve1 z aga9/ #ej1jjj = #aiad & #ajj1jjj = ea* ( two ye>s be=e t1 & ! balance =w>d is rais$ f #ha1jad to #bja1cfg4 ,mo/ ( ! ,company's capital1 h[ev]1 only be>s #f p] c5t int]e/4 ,! ord9>y %>es 7:i* we believe are held privately7 only am\nt to a little ov] #hc1jjj4 #c4 ,pall ,mall ,gazette1 ,septemb] #bd1 #aiae3 ,,w> ,,pr(its ,! o!r taxes are accept$ by ! public & trad]s alike z inevitable1 b special int]e/ is be+ tak5 9 ! excess w> pr(its tax4 ,t ,mr4 ,mc,kenna is likely to f9d 8 e/imate ( #cj1jjj1jjj l>gely exce$$ is admitt$4 ,! ,daily ,*ronicle publi%es a table 9 :i* ! ,city ,editor comp>es ! la/ pr(its ann\nc$ by "s ( our greate/ und]tak+s1 cov]+ a consid]able portion ( ! w> p]iod 9 mo/ & "s portion ( x 9 all cases1 ) ! av]age ( ! previ\s ?ree ye>s4 ,x w be se5 t 9 e in/ance ! w> has br\ght greatly increas$ prosp]ity4 ,la/ ,av]age ,pr(it4 ,previ\s ,increase4 #c ye>s4 ,,arm/rong ,,:itwor? #hjb1jjj #fbd1jjj #agh1jjj 7,eng9e]+1 ,%ipb41 etc47 ,,wm4 ,,be>dmore #bai1jjj #ahe1jjj #cd1jjj 7,eng9e]+1 ,%ipb41 etc47 ,,john ,,br[n #ehf1jjj #cdg1jjj #bci1jjj 7,eng9e]s1 ,%ipbuild]s1 etc47 ,,bey] ,,peacock #hc1jjj #ce1jjj #dh1jjj 7,locomotive ,build]s7 ,,brunn] ,,mond #hbd1jjj #ggj1jjj #ed1jjj 7,alkali ,manufactur]s7 ,,cammell1 ,,laird #bch1jjj #adg1jjj #ia1jjj 7,iron1 ,/eel1 & ,%ipb47 ,,haw?orn ,,leslie #bjb1jjj #ajb1jjj #ajj1jjj 7,%'b4 ,m>9e ,eng9'r+7 ,,kyno*',s #aec1jjj #aad1jjj #ci1jjj 7,explosives7 ,,lamb]t ,,bros4 #adb1jjj #hd1jjj #eh1jjj 7,coal ,export]s1 etc47 ,,p[ell ,,duffryn #dbb1jjj #bgi1jjj #adc1jjj 7,colli]ies7 ,,samuel ,,fox #ff1jjj #ci1jjj #bg1jjj 7,eng9e]s7 ,,spill]s ,,bak]s #cfg1jjj #adj1jjj #bbg1jjj 7,mill]s7 ,,vick]s1 ,,ltd4 #a1jai1jjj #hji1jjj #baj1jjj 7,eng4 & ,%ipbuild+7 ,?is table indicates t ! ,*ancellor may expect to receive f> m ?an ! sum he e/imat$ f ! w> pr(its tax4 #d4 ,! ,man*e/] ,gu>dian1 ,feb4 #bh1 #aiaf3 ,,coal ,,pr(its ,,ne>ly ,,d\bl$ ,! tale ( colli]y w> pr(its is cont9u$ by ! report ( ,nor?'s ,navigation ,colli]ies 7,glamorgan%ire74 ,! output = #aiae 0 actually less by #hg1haj tons 7#a1ada1ijj tons aga9/ #a1bbi1gaj71 b ! pr(it 0 ne>ly d\bl$--#acj1jga aga9/ #fe1egh4 ,) ! #aj1dif br\ght into ! acc\nt ! directors _h _! bigge/ total 9 rec5t ye>s available = di/ribution4 ,! ord9>y %>ehold]s get #aj p] c5t & a bonus ( #b-a_/b p] c5t1 :i* is ! be/ paym5t s9ce ! #ae p] c5t paid = #aijg4 ,advantage is tak5 ( a prosp]\s ye> to place #ce1jjj to ! res]ve fund1 :i* has be5 r ov]look$ rec5tly1 only "o allocation ( #bj1jjj hav+ be5 made 9 f\r ye>s4 ,x n[ /&s at #aee1jjj1 aga9/ #fej1jjj ( %>e capital4 ,= depreciation1 ) reg>d to :i* item sub/antial provision is made ea* ye>1 #ae1jjj is writt5 (f4 ,?is leaves #aj1efg to be c>ri$ =w>d4 ,! ,company has ! reputation ( be+ well manag$1 & its coal prop]ties are reg>d$ z be+ v valuable4 ,! rec5tly op5$ ,/4 ,john's pits are be+ develop$ satisfactorily1 x appe>s1 a fur!r increase 9 output be+ %[n4 ,despite a decrease 9 output ( ne>ly #djj1jjj tons1 ! ,p[ell ,duffryn ,/eam ,coal ,company is enabl$ to %[ a pr(it = #aiae ( #dch1gii1 z comp>$ ) #dbb1bjd = #aiad & #cfd1dba = #aiac4 ,! usual #bj p] c5t is di/ribut$ on ! ord9>y %>es1 free ( income tax1 & la/ ye>'s allocation ( #ej1jjj to ! res]ve fund is repeat$4 ,9 addition1 ! res]ve = income tax b5efits to ! ext5t ( #ej1jeb1 & !re rema9s #abj1bcf to c>ry =w>d4 ,! decrease 9 output1 x %\ld be not$1 is due to ! enli/m5t ( ! m9]s1 & its re/oration to ! normal & probable increase aft] ! w> %\ld balance ! decl9e 9 pr(it t may be expect$ to att5d ! decreas$ dem&4 #e4 ,! ,times1 ,may #ai1 #aiaf3 ,,soapmak]s' ,,record ,,pr(its ,presid+ ye/]day at ! annual meet+ ( ,joseph ,watson & ,sons 7,limit$71 soapmak]s1 ,le$s1 ,mr4 ,joseph ,watson said t ! company's pr(its = ! ye> am\nt$ to #abb1jjj1 or #ai1jjj 9 excess ( any previ\s ye>'s pr(its4 ,_! turnov] _h l>gely increas$ because !y 7 n[ supply+ soap to ,france1 ,belgium1 ,sc&9avia1 & a small am\nt to ,spa9 & ,italy4 ,x 0 n a "q to-day ( gett+ ord]s2 x 0 a "q ( refus+ !m4 ,!y _h at ! pres5t "t ?ree mon?s' ord]s on ! books4 #f4 ,! ,new ,witness3 ,,! ,,sc&al ,,( ,,w> ,,pr(its ,x is a s9i/] & deplorable fact--"o ( ! mo/ ironical ) :i* ! cont9uance ( ! ,w> has yet confront$ u--t !re has gr[n up 9 ,great ,brita9 a numb] ( firms & bus9esses to :om a successful prosecution ( ! campaign w\ld mean ru91 & :o h an actual ve/$ int]e/ 9 ! indecisive cont9uance ( ho/ilities4 ,?is is due entirely to ! lack ( grip & resolution :i* ! ,gov]nm5t h display$ 9 deal+ ) ! ugly ph5om5on ( ,w> ,pr(its4 ,we "k1 ( c\rse1 :at happ5s to ^? pr(its at pres5t4 ,half is tak5 by ! ,/ate3 half passes to ! firms :o are gett+ ri* quick out ( its necessities4 ,9 !ory1 x is an anomal\s arrangem5t1 indef5sible 9 logic1 & oppos$ to e canon alike ( ju/ice & ( taxation4 ,9 practice x works out 9 ! way we h indicat$3 t c]ta9 privileg$ firms & individuals are amass+ huge =tunes out ( ! grave/ crisis ?r\gh :i* ! nation has pass$1 & :i* w p9* u all be=e x is ov]4 ,let u give "s examples ( ! mammo? pr(its t "s ( ^! conc]ns are mak+4 ,!re is fir/ ( all ! fam\s old ,engli% firm ( ,lev9/e9--,messrs4 ,lev9/e9 ( ,man*e/]--to be consid]$4 ,?is all-,briti% conc]n has n done badly out ( ! t]rible situation ?r\gh :i* we are sl[ly toil+4 ,:ile m]e vulg> ,engli% ,tommies h be5 dy+ 9 ! tr5*es or h return$ incapacitat$ to ,engl&--to f9d t _! c\ntry _c af=d !m a p5sion--,lev9/e9s h be5 pocket+ sev]al ?\s&s ( t c\ntry's ca%4 ,lev9/e9s' are dye-mak]s1 & 9 #aiad-ae !y made a pr(it ( #hj1jjj on a capital ( #ij1jjj3 a pr(it l>ge en\gh to make ! m\? ( ! deceas$ usur] ,kirkwood dry ) envy4 ,b1 :ile our legislature pass$ laws to re/ra9 ! usur] 9 8 exactions1 ! w> pr(ite] has no re/riction plac$ on him4 ,8 workm5 c1 9 c]ta9 cases1 be f9$ or s5t to prison if !y abs5t !mselves f "w1 & hundr$s h be5 proce$$ aga9/ "u ! ,def5ce ( ! ,realm ,act4 ,b ! pr(ite] himself is immune6 ,x is *ildi% to say t ! ,/ate c recov] half ( ! pr(it he has wrung f ! c\ntry's necessity4 ,:at "r has he to ! o!r half8 ,9 ! case ( ,lev9/e91 ?is #hj1jjj pr(it enables ! company to pay #ad-a_/b ye>s' pref]5ce divid5d1 to di/ribute a divid5d ( #cj p] c5t on its ord9>y %>es1 & to write (f #ba1jjj = depreciation6 ,x is m]ely fatu\s to pret5d1 or to endeav\r to pret5d1 t ! appropriation ( half ^! pr(its squ>es matt]s betwe5 ! community & ! ,briti% firm 9 "q4 ,z ) ,lev9/e91 s ) o!r firms4 ,messrs4 ,cammell1 ,laird ,co4 av]ag$ pr(its ( #adf1jjj = ! ?ree ye>s be=e ! w>4 ,s9ce la/ ye> ^? pr(its h ris5 to #bcg1jjj4 ,^? pr(its1 ( c\rse1 are subject to w> pr(its taxation4 ,b mo/ manife/ly t taxation is utt]ly inadequate4 ,s x is 9 ! case ( ,messrs4 ,w4 ,be>dmore1 ^: pr(its rose f #ahd1jjj 7?ree ye>s' pre-w> av]age7 to #bai1jjj2 ( ! ,briti% ,we/+h\se ,co41 :i* rose f #ef1jjj to #aea1jjj2 & ( ,bey] ,peacock's1 :i* increas$ f #eg1jjj to #aji1jjj4 ,9 all ^! cases ! d$uction ( #ej p] c5t by ! ,gov]nm5t is entirely inadequate & utt]ly mislead+4 ,x is at once an admission t ! firm 9 "q has no "r to amass huge pr(its out ( ! welt] & trag$y ( ! ,european ,w>1 & t ! ,/ate is cont5t to /ultify itself by surr5d]+ ! o!r half4 ,_m ( ^! pr(its h be5 made by cov]+ rises 9 raw mat]ial f> 9 excess ( ! actual increases4 ,_m h be5 wrung f ! poor & ! ne$y1 :o are n[ be+ enjo9$ by ! ,gov]nm5t to eat less meat4 ,messrs4 ,spill]s ,bak]1 ( ,s\? ,wales1 increas$ _! pr(its f an av]age ( #adj1jjj 7?ree ye>s' pre-w> av]age7 to #cfg1jjj 9 #aiad-ae4 ,we d n blame !m4 ,! rise 9 price 0 beyond _! control4 ,!y c\ld h>dly help b5efit+4 ,b x is m]e madness = ! ,gov]nm5t to leave !m 9 possession ( ^! va/ accretions ( weal?4 ,firms t paid #h p] c5t be=e ! w>1 n[ pay+ #bb-a_/b p] c5t 7su* z ,messrs4 ,ri*>d ,dickeson ,co41 ! ,army contractors7 are able to pocket t5s ( ?\s&s t ought to g to /r5g!n ! res\rces ( ! nation4 ,o!rs1 l ! ,m]cantile ,/eam%ip ,co41 increase _! divid5d f #bj p] c5t to #ce p] c5t2 & "s are able to pay divid5ds actually l>g] ?an ! capital ( ! company itself6 ,x is ludicr\s = ! ,gov]nm5t to all[ ?is condition ( affairs to cont9ue4 ,_! c\rse is q cle>4 ,!y %\ld limit pr(its to ! av]age ( ?ree ye>s be=e ! w>1 & add at ! mo/ #e p] c5t4 ,any?+ %ort ( ?is is a betrayal ( ! national int]e/s to private firms4 #g4 ,! ,new ,/atesman1 ,m>* #be1 #aiaf3 ,an innoc5t p]son might ?9k t :5 a manufactur+ company is fac$ ) an enorm\s rise 9 ! co/ ( ! pr9cipal commodity x consumes1 its pr(its w\ld be dim9i%$4 ,"s law mu/ be 9 op]ation :i* has escap$ ! att5tion ( economi/s1 = s f> f ?is be+ ! case1 :at appe>s to happ5 is t ! pr(its ( manufactur]s rise 9 a great] degree ?an ! price ( ! raw mat]ial4 ,?us1 s f> f be+ hit by ! enorm\s rise 9 ! price ( fl\r1 ,peek1 ,frean ,co41 ! well-kn[n biscuit manufactur]s1 made a net pr(it ( #ajg1dgh la/ ye>1 z comp>$ ) #ii1egh 9 #aiad1 & #ih1fjg 9 #aiac4 ,aft] pay+ ! usual #e p] c5t on ! #cjj1jjj ( pref]5ce %>es no less ?an #be p] c5t is paid on ! #bcj1jjj ( ord9>y %>e capital1 :i* has be5 issu$4 ,?is company rais$ its money v *eaply f ! public1 :i* paid #ajb p] c5t = its #d p] c5t deb5ture /ock & p> = ! #e p] c5t pref]5ce %>es4 ,! inve/+ public does n b5efit by ! big divid5d on ! ord9>y %>es4 ,^! 7 nev] (f]$ to ! public1 b are privately held4 ,ano!r %ipp+ company1 si/] to ! ,c\rt ,l9e1 m5tion$ 9 ^! notes la/ week1 has issu$ its report4 ,?is is ! ,cress+ton ,/eam%ip ,company1 :i* owns two mod]n tramp /eam]s ( slightly ov] #g1jjj tons ea*4 ,! company 0 v =tunate 9 t "o ( ^! vessels 0 deliv]$ 9 ,febru>y1 #aiae1 x hav+ be5 contract$ = at pre-w> prices4 ,! pr(its = ! ye> am\nt$ to #ej1jae1 z comp>$ ) #f1hfa 9 #aiad 7:5 only "o vessel 0 trad+74 ,! divid5d = ! ye> is #ae p] c5t1 #g1jgb is allocat$ to depreciation1 #bb1jjj = special w> pr(its & income-tax1 :il/ ab\t #c1jjj is be+ c>ri$ =w>d4 ,! f9ancial position ( ! company is su* t if its %ips 7 sold at #b #aes4 p] ton1 %>ehold]s w\ld receive ! return ( _! capital 9 full4 ,on pres5t prices1 h[ev]1 !y w\ld probably fet* ov] #ae p] ton4 ,! %>es are n[ quot$ at #bhs4 ,! ,b5gal ,iron & ,/eel ,company1 ^: report has also be5 issu$ dur+ ! week1 has _h an int]e/+ c>e]2 x works l>ge iron ore & coalm9+ areas 9 ,b5gal4 ,at fir/ ! company did well1 b !n x w5t 9 = an un=tunate /eel v5ture & fell into arre>s ) its pref]5ce divid5d4 ,?is 0 ov]come1 & dur+ ! pa/ few ye>s ! company has done well1 p>ticul>ly f its coal bus9ess4 ,! report = ! ye> end$ ,septemb] #cj?1 #aiae1 %[s a work+ pr(it ( #add1iac1 z comp>$ ) #gi1bjj dur+ ! previ\s ye>4 ,?is consid]able improvem5t enables ! company1 aft] writ+ (f v>i\s old items1 to place to a g5]al res]ve #bj1jjj1 & to decl>e a divid5d payable qu>t]ly ( #bd p] c5t on ! #bbd1hej ( ord9>y %>es1 :i* comp>es ) #ab p] c5t a ye> ago4 ,by way ( a *ange1 ! report /ates t ! trad+ results w\ld h be5 ev5 bett] _h w> conditions n prevail$4 ,,emil ,,davies4 #h4 ,! ,new ,/atesman1 ,may #bg1 #aiaf3 ,m>kets h display$ unwont$ *e]fulness dur+ ! pa/ week1 & all sorts ( peace rum\rs are 9 circulation4 ,x is m ?an likely1 h[ev]1 t x is ! firmness ( ! m>ket :i* is responsible = ! rum\rs1 & n vice v]sa4 ,!re is a /eady /ream ( ord]s f ! ,midl&s & ! ,nor?1 :]e p are mak+ money1 & ^! h ! effect ( putt+ up prices 9 sev]al ( ! m>kets4 ,! ,brazilian ,fund+ ,loan1 :i* 0 recomm5d$ "h on ! #bi? ,april at #gd1 has be5 noticeably firm1 & is n[ #gg-a_/d4 ,x /ill appe>s to be ! *eape/ ,gov]nm5t ,loan4 ,brazilian securities are attract+ m att5tion1 & ,brazil ,traction ,common1 :i* a ye> ago 0 bel[ #ej1 n[ /&s at #fd4 ,!re has be5 a l>ge bus9ess 9 ,ca/n] ,kelln] on ! work+ agreem5t betwe5 t *emical company & ,brunn]1 ,mond ,co41 ! %>es hav+ jump$ f\r or five %ill+s to _! pres5t price ( #fis4 #f;d4 ,precisely a ye> ago !y 7 recomm5d$ 9 ^! notes at #ffs4 #aj-a_/b;d4 ,%ipp+ %>es h be5 exceptionally firm2 ,c\rt ,l9es h ris5 ano!r few %ill+s to #cds41 ! l>ge bus9ess 9 !m be+ probably due to ! fact t !y are "o ( ! few %ipp+ %>es :i* c be obta9$4 ,rubb] %>es are equally firm4 ,nobel's ,explosive ,company has j issu$ its report = la/ ye>1 %[+ a pr(it ( #ebi1gch aft] provid+ = excess pr(its duty4 ,! divid5d is #ae p] c5t1 free ( income-tax1 or #e p] c5t m ?an la/ ye>4 ,?is increase 9 ! divid5d came z a surprise to ! m>ket1 & ! price ( ! %>es 7:i* are a fav\rite inve/m5t 9 ,glasg[7 jump$ f #cas4 to #chs4 #c;d4 ,! pr(its ( ! ,oceanic ,/eam ,navigation ,company 7! ,:ite ,/> ,l9e7 = la/ ye> h attract$ a good deal ( att5tion4 ,!y 7 /at$ z be+ #a1ifh1bhe1 z comp>$ ) #hhg1edh 9 #aiad & #a1aba1bfh 9 #aiac1 :i* 0 ! ,company's record ye>2 b ! figure giv5 = #aiae does n indicate ! full pr(it1 = x is arriv$ at aft] provid+ = excess pr(its taxation & cont+5t liabilities4 ,reply+ to a "q ask$ 9 ! ,h\se ( ,commons by ,mr4 ,w4 ,c4 ,&]son1 ,capta9 ,pretyman /at$ t ! ,company in=m$ him t ! pr(it m5tion$ 0 be=e d$uction ( deb5ture int]e/ & depreciation4 ,capta9 ,pretyman add$ t ! sum divid$ z divid5d 0 #dhg1ejj1 ! same am\nt z 9 ! ye> #aiac be=e ! w>4 ,:]e p are prote/+ aga9/ l>ge w> pr(its x may1 at fir/ sight1 appe> an adequate answ] to po9t out t a ,company is n pay+ out m 9 divid5ds ?an x did 9 ! ye> prec$+ ! w>4 ,z a /atem5t ( fact x is p]fectly correct1 b x has no be>+ ^u ! am\nt ( pr(it t has be5 made1 z ! foll[+ calculation w %[4 ,we n[ "k t ! #aiae pr(it %[n 9 ! acc\nts is aft] all[+ = excess pr(its taxation1 def]r$ repairs1 cont+5t liabilities1 deb5ture int]e/ & depreciation4 ,s9ce #aiac ! ,company has increas$ its deb5ture issue1 & la/ ye> _h to pay 9 deb5ture int]e/ #aji1ecf1 z comp>$ ) #fe1baa 9 #aiad4 ,h[ mu* has be5 plac$ on "o side = depreciation be=e %[+ ! pr(its c only be kn[n to v few p1 b ! am\nt ! ,company mu/ h put on "o side = excess pr(its taxation mu/ be at lea/ half a million1 & possibly a great deal m4 ,! actual pr(its = la/ ye> 7 !re=e probably 9 ! neighb\rhood ( ?ree millions1 if n m4 ,z indicat$ above1 out ( ! #a1ifh1bhe %[n z pr(it1 only #dhg1ejj is paid out 9 divid5ds1 ! rema9d] go+ to v>i\s res]ves4 ,! divid5d works out at #fe p] c5t1 b all goes to ! ,int]national ,m]cantile ,m>9e ,company1 ! mu*-talk$-( ,am]ican %ipp+ tru/ associat$ ) ! "n ( ! late ,j4 ,pi]pont ,morgan1 :i* holds all ! ,ord9>y ,%>es4 ,! tru/ 0 9 a bankrupt condition prior to ! w>1 b ! pres5t /ate ( affairs is radically alt]+ its position4 ,x mu/ be annoy+ to ! ,am]ican hold]s t a l>ge slice ( ! pr(its ( an ,am]ican-own$ conc]n has to g to ! ,briti% ,gov]nm5t 9 ! %ape ( w> taxation4 #i4 ,! ,new ,/atesman1 ,june #bd1 #aiaf3 ,ano!r firm :i* has app>5tly b5efit$ by ! w> is ,ru/on1 ,proctor ,co41 ! well-kn[n ,l9coln manufactur]s ( agricultural implem5ts4 ,a f9al divid5d ( #e-a_/b p] c5t is decl>$1 plus a bonus ( #b p] c5t1 mak+ #aj p] c5t = ! ye>1 :i* /ill all[s ! ,company to place #de1jjj to res]ve & to c>ry ov] #af1cjj4 ,?is divid5d is #c p] c5t m ?an 0 paid la/ ye>1 & is ! highe/ 9 ! tw5ty-six ye>s' hi/ory ( ! ,company4 ,%ipp+ %>es rema9 firm1 & x is almo/ impossible to pur*ase any ( ! be/ %>es4 ,z an illu/ration ( ! pr(its t are be+ made1 ! ,nitrate ,produc]s' ,/eam%ip ,company's acc\nts = ! ye> end$ ,april #cj? la/ %[ a gross pr(it ( #djd1jbb1 z comp>$ ) #aea1ije & #ace1ihf 9 #aiad & #aiac respectively4 ,! divid5d is #be p] c5t1 free ( income tax1 #ajj1jjj is plac$ to res]ve1 #bjj1jjj to a special fund = excess pr(its tax1 income tax1 etc41 #cj1jjj is add$ to ! insurance fund1 & ! c>ry =w>d is increas$ by "s #gjjj4 ,! ,company own$ a fleet ( t5 /eam]s1 :i* has1 h[ev]1 be5 r$uc$ to five by ! s9k+ ( "o la/ ,septemb] by an enemy subm>9e & by ! sale ( f\r vessels4 ,a new vessel is "u con/ruction1 & %\ld be ready = deliv]y 9 ,augu/4 ,! capital ( ! ,company consi/s ( #bjj1jjj 9 ,ord9>y ,%>es & #bjj1jjj 9 #e p] c5t ,cumulative ,pref]5ce ,%>es4 #aj4 ,! ,new ,witness1 ,june #ae1 #aiaf3 ,,w> ,,pr(its ,,& ,,! ,,gov]nm5t ,x is ess5tial t a det]m9$ ef=t %\ld be made to r\se ! nation to a s5se ( ! gross & sc&al\s inju/ice ( ! huge pr(its t are at pres5t be+ e>n$ by c]ta9 firms pil+ up weal? :i* is really amaz+ to contemplate4 ,?is is n m]e empty rhetoric2 ! figures support ! description up to ! hilt4 ,let u take ! case ( five well-kn[n companies1 all engag$ 9 w> "w1 & see to :at acc\nt !y h turn$ our soldi]s' sacrifices3-- ,,firms4 ,,pr(its4 #aiac #aiad #aiae ,cammell1 ,laird #aga1gjj #bce1ejj #cja1ejj ,curtis ,h>vey #dh1ajj #gg1hjj #adc1hjj ,projectile #ad1jjj #dj1djj #aib1gjj ,webley ,scott #i1ejj #af1djj #fa1cjj ,?ornycr(t #ac1jjj #ajg1fdj #bfg1ccc 7#f mos47 ,^! figures c only be describ$ z /agg]+--/agg]+1 t is1 to anyone :o *]i%es a fa9t1 l+]+ belief t equality ( sacrifice is to be a reality & n m]ely a bitt] je/4 ,look = a mom5t at ! tale t ^! pr(its %[6 ,! ,projectile ,company has multipli$ its #aiac pr(it ?irte5 times ov]6 ,five or six ye>s ago its affairs 7 9 s p>l\s a /ate t #ais4 _h to be writt5 (f z lo/ f ea* #bjs4 %>e4 ,n[1 z ,mr4 ,*>les ,duguid rem9ds u1 x is pay+ a fir/ divid5d ( #ej p] c5t & is return+ to ! %>ehold]s #cs4 #f;d4 out ( ! #ais4 !y reg>d$ z lo/4 ,! return on ! %>es1 accord+ to ! same f9ancial au?ority1 is #djj p] c5t666 ,look at ! case ( ,?ornycr(ts4 ,! pr(its = ! fir/ half ( #aiae are tw5ty times z big z ! pr(it = ! :ole ( #aiac--;an increase1 z ,mr4 ,duguid rem9ds u1 ( #chjj p] c5t ^u ! ye>1 a ye> t w spell blank f9ancial ru91 impov]i%m5t & de/itution to ! families ( ?\s&s & t5s ( ?\s&s ( our fight+ m56 ,?ornycr(ts are by no means peculi>ly =tunate2 ,nobels1 = in/ance1 h manag$ to e>n q a tidy little pr(it4 ,_! net pr(it = #aiae comes out1 we le>n1 at ov] half a million /]l+ 7#ebi1hjj71 exclusive ( #bac1ijj br\ght =w>d out ( ! l>ge pr(it ( ! prec$+ ye>1 & ?is makes ! total am\nt available = di/ribution z mu* z #gdc1gjj4 ,ev5 aft] pay+ a divid5d ( #aj p] c5t & a bonus ( #e p] c5t1 mak+ #ae p] c5t1 all free ( income tax1 ! ,company has /ill #dbd1gjj unallocat$4 ,9 its mo/ prosp]\s ye>1 #aiac-aiad1 ! net pr(it ( ! ,nobel ,dynamite ,tru/ did n am\nt to m ?an #cha1cjj4 ,we h1 we ne$ h>dly say1 no feel+ aga9/ ,nobels or ,?ornycr(ts or ! ,projectile ,company4 ,we only want fair play 9 ?is matt]4 ,if ?is aggregation ( pr(its is n /opp$ ! weal? ( ,engl& w be 9 ! h&s ( m5 :o w reg>d ! triumphant conclusion ( ! ,w> z spell+ ru9 to !mselves & :o w see 9 victory only ! cessation ( pr(its t 9 normal times !y h nev] d>$ to contemplate4 ,! rem$y = ?is is simple4 ,! ,gov]nm5t h refus$ to ! workman ! "r to extort une>n$ increm5t out ( ! c\ntry 9 its dire necessity4 ,! workman may n /rike or cease "w or ev5 *ange employm5t )\t ! p]mission ( ! ,/ate4 ,assur$ly ! ,/ate has ! "r to exact t ob$i5ce f him4 ,b x is ess5tial t x %\ld1 & at no di/ant date1 lay its re/ra9+ h&s also ^u ! employ]s :o are e>n+ ^! huge divid5ds1 o!rwise we %all h enact$ 9 ,engl& ! trag$y t we h se5 9 ,irel&4 ,we %all h a ,gov]nm5t )\t moral au?ority1 a ,gov]nm5t :i* w1 !re=e1 be p]petually emb>rass$ 9 ! conduct ( w>4 #aa4 ,! ,new ,witness1 ,june #ae1 #aiaf3 ,,william ,,cory ,,son ,?is fam\s coal company has tak5 e advantage ( ! dem& = coal1 & c %[ a record pr(it4 ,aft] provid+ = excess pr(its1 ! balance ( pr(it is #dec1acf1 or #bcg1hjh m ?an la/ ye>4 ,z ,i h aga9 & aga9 po9t$ out1 ,i d n ?9k ! ,gov]nm5t %\ld all[ su* huge pr(its to be made 9 w> "t4 ,! coal trade is 9 a few h&s1 & firms l ,corys may be said to control x4 ,! directors cont5t !mselves ) rais+ ! divid5d #e p] c5t to #ae p] c5t2 b !y place #ajj1jjj to res]ves1 mak+ !m #ejj1jjj2 #cj1jjj goes to /aff p5sions & #be1jjj to a w> fund = employees4 ,! c>ry =w>d is rais$ #cj1gdj to #hh1ifi4 ,! /eam]s1 tugs & b>ges are n[ to be =m$ z sep>ate companies2 & ! ,fr5* bus9ess is also to be transf]r$ to a subsidi>y4 ,! balance-%eet %[s cr$itors up #bjd1iga1 presumably to meet ! excess pr(its liability4 ,debit balances h increas$ #eji1hdj1 & n[ include ,treasury bills4 ,w> loans h be5 increas$ #bhj1feb1 & ! total assets are up #dea1ahc1 at #d1eda1fja1 & h e>n$ #aj p] c5t4 ,:5 all cr$itors h be5 paid ! quick assets am\nt to #icj1fed1 & amply protect ! deb5tures1 #ijj1jjj :i* are an admirable security4 ,i d n suppose ! pres5t ,m9i/ry w d any?+ to control ! pr(its made out ( ! ,w> by ^? :o run ! coal trade2 &1 !re=e1 we may expect t #aiaf-ag w be z good a ye> z t j end$4 ,b ,i am n 9 agreem5t ) a policy ( laissez-faire 9 w> "t unless ! policy is c>ri$ out /r+5tly4 ,,holbrooks ,app>5tly ! sauce trade has n be5 s]i\sly injur$ by ! ,w>1 = ,holbrooks h increas$ _! trad+ pr(it #d1fid to #ce1agj2 b income tax is high]1 & #e1jjj has be5 us$ z a special res]ve = inve/m5ts1 s ! available pr(it is only #bc1jdf1 z aga9/ #be1jee 9 ! previ\s ye>4 ,! divid5d rema9s at #bj p] c5t1 b #c1jgb m is c>ri$ =w>d ?an 0 br\ght 91 & ! ,bo>d say t ! unsettl$ /ate ( ! _w ju/ifies !m 9 do+ ?is4 ,i suspect t !y are build+ up a res]ve = ! purpose ( attack+ ! ,yankee trade :i* = s _m ye>s has be5 9 ! h&s ( ,lea ,p]r9s4 ,! bus9ess is well manag$ by ! two manag+ directors1 :o h be5 9 ! firm s9ce x 0 promot$4 ,! alt]ations 9 ! balance-%eet are n ( any mom5t4 ,quick assets total #aea1eeg :5 liabilities h be5 met1 & ! assets h e>n$ #g-a_/b p] c5t on _! book value--n a v spl5did pr(it = a sauce4 ,,james ,,h9ks ,,son ,?is fam\s firm ( lamp mak]s %\ld b5efit l>gely by ! complete abs5ce ( ,g]man competition all ov] ! _w1 & ! elev5 mon?s %[ ! satisfactory pr(it ( #ac1eie4 ,! divid5d = ! previ\s ?irte5 mon?s 0 only #f p] c5t1 b ! report n[ issu$ decl>es #aj p] c5t & a bonus ( #as4 #f;d41 or #ag-a_/b p] c5t--a record di/ribution4 ,also #b1bej is plac$ to res]ve & ! c>ry =w>d is rais$ f #c1fjc to #f1cii4 ,z long z ! ,w> la/s we may expect ?is rem>kable prosp]ity to cont9ue4 ,! res]ves are n[ 9 excess ( ! capital4 ,! company has e>n$ #g-a_/b p] c5t on ! book value ( its assets1 :i*1 9 spite ( goodwill & pat5ts hav+ be5 writt5 (f1 looks z ?\gh !y 7 fully valu$ at #agi1gfe4 ,! %>es are a fair indu/rial speculation4 #ab4 ,! ,man*e/] ,gu>dian1 ,june #ai1 #aiaf3 ,:ile ev]ybody kn[s t ! imm5se disbursem5ts on ! ,w> h l$ to a great] dem& = lab\r ?an x is possible to meet at pres5t & t employ]s h done well1 9 spite ( _! difficulties1 x is p]haps n g5]ally kn[n h[ greatly ! pr(its ( ne>ly all ! public companies h increas$ dur+ ! la/ ye>4 ,!y h _h to pay high] wages 9 _m cases1 ?\gh n 9 all1 _! mat]ials h be5 mu* m co/ly1 & _! =eign trade has be5 hamp]$ by re/rictions1 9 fur!rance ( ! policy ( prev5t+ ! enemy f gett+ goods :i* he requires & :i* x is 9 our p[] to control4 ,_m1 h[ev]1 h done a l>ge bus9ess = ,alli$ ,gov]nm5ts z well z our own1 especially 9 army equipm5t1 & ! dem& = coal has be5 great] ?an our p[] ( supply+ x4 ,all our production has comm&$ high prices1 & pr(it m>g9s h 9 mo/ cases be5 v l>ge4 ,x is a way t *airm5 ( companies h to take big pr(its z be+ 9 ! natural ord] ( ?+s1 & dwell mo/ly on ! difficulties :i* h prev5t$ !m f %[+ ev5 bett] results4 ,if ?is has obscur$ ! real /ate ( affairs x is desirable t ! o!r side ( ! picture %\ld be cle>ly pres5t$1 = x is impossible to und]/& ! economic side ( ! ,w> )\t a ?or\gh compreh5sion ( its indu/rial effects4 ,we give bel[ a tabul> /atem5t ( pr(its :i* h be5 decl>$ ?is ye>1 ) ! figures = two prec$+ ye>s add$ s z to %[ _! true significance4 ,"s are gross & o!rs net pr(its1 b 9 ?is we h simply foll[$ ! me?ods adopt$ by ! directors 9 _! reports1 t be+ 9 practice ! only way ( %[+ h[ ! comp>ison /&s4 ,9 "s cases ! capital has be5 increas$ dur+ ! ?ree ye>s1 b ! ext5t to :i* t has occurr$ does n affect ! tables if !y are reg>d$ compreh5sively4 ,"s did v badly 9 ! fir/ few mon?s ( ! w>1 & ! pr(its !y decl>$ 9 #aiae look v small 9 comp>ison ) ^? 9 ! fir/ column ( ! tables4 ,9 ^? cases ! ?ird column w act z a corrective1 = 9 ! ma9 x %[s ! companies' normal e>n+s4 ,x w be notic$ t "s ( ^! 7 v small4 ,"h & !re ! company 0 9 ! developm5t /age1 b z a rule x may be tak5 t ! conc]n 0 n a v pr(itable "o 9 peace times4 ,possibly x 0 ov]-capitalis$1 or ov]-weight$ ) deb5tures1 or its plant 0 out ( date1 or x c\ld n get suffici5t bus9ess to make full use ( its productive capacity4 ,we %all n attempt ! invidi\s task ( s+l+ out :i* come 9 ^! categories1 b we call att5tion to ! cases 9 :i* small pre-w> pr(its h be5 conv]t$ into l>ge ones s9ce because !y are really ! mo/ in/ructive ( ! :ole s]ies4 ,= v l>ge increases ^u pr(its :i* 7 already good ! mo/ notable are ! %ipp+ companies4 ,our li/ is typical r ?an exhau/ive4 ,"s ( ! small conc]ns1 ) only "o %ip1 or up to half a doz51 h done bett] relatively ?an sev]al ( ! big l9es1 z !y 7 m at lib]ty to take advantage ( ! big freight-rates :i* 7 go+4 ,we h n set ^! out1 h[ev]1 because x does n appe> to be necess>y4 ,! divid5ds 9 virtually all cases h be5 sub/antial1 & 9 "s cases v l>ge inde$4 ,x w\ld be useless1 h[ev]1 to %[ ^! 9 tables1 z "s ( ! lead+ companies use res]ves greatly exce$+ _! nom9al capital1 & q a numb] h devot$ a l>g] proportion ( _! pr(its to /r5g!n+ _! position ?an to ! paym5t ( divid5ds4 ,9 ! case ( ! ,moor l9e we are unable to give ! am\nt ( ! pr(it report$ la/ ye>1 z ! balance-%eets are n issu$ publicly1 al?\gh we h be5 fav\r$ ) !m occasionally4 ,coal1 iron1 eng9e]+ companies & %ipbuild+ companies are bracket$ toge!r because s _m ( !m are conc]n$ 9 at lea/ two ( ^? fields ( indu/ry4 ,z our table %[s1 !y h _h a great revival1 _m hav+ be5 us$ by ! ,gov]nm5t1 :ile all h felt ! effect ( ! great dem& = munitions4 ,! miscellane\s li/ (f]s an int]e/+ field ( /udy1 & ! rubb] & tea companies' results are 9 "s respects m /rik+ /ill4 ,we h only giv5 a selection ( ^!1 b !y suffice to %[ t rubb] & tea h be5 v pr(itable s9ce ! ,w> began4 ,an appeal 0 made "s "t ago ) a view to ! "y rubb] companies be+ reliev$ ( ! excess pr(its tax1 b our li/ %[s h[ unnecess>y x 0 to make any special concession to ! indu/ry !y repres5t4 ,9 ! la/ two mon?s a great _m ( ! companies h indicat$ t !y 7 sett+ "s ?\s&s ( p\nds aside = ! tax4 ,among ! o!r conc]ns :i* h ann\nc$ _! appropriations to meet ! excess pr(its tax ! mo/ notable "o t we recall is ! ,briti% ,oil & ,cake ,mills ,company1 :i* expect$ to h to pay #bbe1jjj4 ,! ,nitrate ,produc]s' ,/eam%ip ,company is putt+ #bjj1jjj to a res]ve = ! excess pr(its duty & income tax4 ,mo/ ( ! big companies h provid$ = ! tax be=e /rik+ ! pr(it balance1 & z ?is is /rictly correct x w\ld h>dly be fair to say t !y h conceal$ "p ( _! pr(its4 ,! figures w\ld h be5 m /rik+1 h[ev]1 if ! gross sums _h be5 giv54 ,z we read ! ,:ite ,/> l9e's figures !y indicate t ! company has _h to pay mu* m ?an ! ,briti% ,oil & ,cake ,mills ,company1 b ! ,cun>d l9e has probably _h to pay mu* less4 ,! am\nt payable 9 any giv5 case is ! excess ov] ! pre-w> /&>d1 :i* is fix$ by tak+ ! be/ two ( ! ?ree imm$iately prec$+ ye>s4 ,speak+ g5]ally1 ! companies d n appe> to h hurri$ 9 _! paym5t ( ! tax4 ,= ! ye> end$ ,m>* la/ ! total yield 0 e/imat$ at #f1jjj1jjj1 b ! actual sum receiv$ 0 only #adj1jjj1 & ! #f1jjj1jjj has n be5 got yet1 ! yield f ,april #a to ,june #aj be+ only #c1eef1jjj4 ,a %>p increase is b\nd to come1 h[ev]1 9 ! c\rse ( ! f9ancial ye>4 ,! ,*ancellor ( ! ,ex*equ] expects to get #hf1jjj1jjj 9 excess pr(its tax & munitions levies by ! end ( ,m>* next1 & he _c possibly h made s enorm\s a mi/ake z ! receipts to date w\ld sugge/ if we did n "k t ?\s&s ( firms h /ill to pay v consid]able sums4 ,9 ! tables app5d$ ! ye>s at ! tops ( columns are ^? 9 :i* ! pr(its m5tion$ 7 ann\nc$4 ,a l>ge proportion ( ! results %[n 9 ! #aiaf columns are = ! ye> end$ ,decemb] la/4 ,"s1 h[ev]1 are = ye>s :i* h end$ s9ce !n1 :ile a few1 relat+ to companies :i* c>ry on bus9ess abroad1 are = ye>s :i* began soon aft] ! outbreak ( ! ,w>3-- ,,%ipp+ #aiaf #aiae #aiad ,briti% & ,african #id1chh #fd1dfd #da1ceg ,boo? ,l9e #cbh1abg #bbe1bfg #aed1hbh ,*9a ,mutual #eia1jje #bhf1gbe #cha1gbi ,c\rt #acg1ddf #be1jcd #bc1hij ,cun>d #a1egi1agj #a1bhf1idh #a1ahg1hca ,cairn #aeb1aeb #he1ihh #ajb1cah ,eld]1 ,demp/] #cdi1ddd #cbf1abb #cjg1fje ,eagle ,oil ,transport #cbe1ibh #cjb1hig #ib1hff ,eld] #ff1bff #ee1cje #ch1ige ,field #ga1cic #aa1hha -- ,france1 ,f5wick #agi1ajj #fd1ijj #gf1hjj ,gulf #ahh1jic #ci1dcf #fe1jad ,h\ld] ,bros #aah1hjb #ie1ehg #ajb1hic ,indo-,*9a #aji1jhi #af1jbj #de1cfd ,india ,g5 #fe1gch #da1igd #aah1cgi ,k+ #ajb1cai #ag1dbf #ij1cib ,leyl& 7,fr$k47 #a1dda1fij #fbj1hci #ehi1haj ,lamport ,holt #ccb1hig #adi1ajh #bjj1fia ,london ,nor!rn #ehf1bii #aah1dai #ace1eda ,m]cantile #bei1aei #ic1cia #abi1idf ,moor #cce1cdi -- #bed1jjj ,neptune #adf1gah #gc1caj #aab1efc ,nitrate ,produc]s #cha1eii #acd1hbf #abe1iij ,pool #fja1cch #aah1jjj -- ,pyman #afe1jgh #gb1ejd #fb1dac ,royal ,mail #hjh1gca #ih1bcb #dcf1dgj ,r$cr(t #aag1iec #ac1abe #ba1cif ,su!rl& #bie1bbj #gd1hda #da1ggi ,:ite ,/> #a1ifh1bhe #hhg1edh #a1aba1bfh ,,coal1 ,,iron ,,& ,,eng9e]+ ,albion ,/eam ,coal #dd1ecf #cf1hbj #bd1jid ,arrol 7,sir ,w47 ,co #aai1jfj #di1gef #ea1jif ,br[n1 ,bayley's ,/eel #cb1jag #a1egh #bi1geh ,b>r[ ,hematite #aai1cgg #ea1eah #ajd1ffd ,briti% ,alum9ium #ahj1jeg #aef1jff #aed1dhh ,bey]1 ,peacock #ed1agg #aji1ghc #hg1hdc ,briti% ,we/+h\se #agf1geb #aea1fbg #ajf1did ,brit4,ins4 ,helsby #bie1aca #bgg1dbh #bdg1cea ,bell ,bros #ade1cfj #de1ifi #abh1gcf ,bessem] 7,hy47 #ee1cdh #ce1hbf #bc1cjh ,cammell1 ,laird #cjc1hda #bcg1hii #agd1abf ,cory 7,w47 & ,son #dec1acf #bae1cbh #cac1ijf ,c>go ,fleet #afb1bgf #aca1adb #abd1bai ,call5d]'s ,cable #aac1bff #ih1fib #ia1hfa ,c>lton ,m4 ,colli]y #ahh1ede #abh1dac #agg1jbe ,clayton ,%uttlewor? #gb1ghg #dd1fdc #ec1dif ,consolidat$ ,cambrian #ahe1aci #adj1jig #adg1fdh ,crossley ,bros #fe1ccg #ae1cdg #db1eag ,d4 ,davis #bjj1abg #bae1gdd #bag1igj ,dorman1 ,long #djd1ebd #bcg1egi #beg1hfc ,ed9burgh ,colli]'s #fd1hjg #ag1dbj #fc1ifi ,fife ,coal #bbd1jeh #hi1hff -- ,gt4 ,we/4 ,colli]y #acg1jjh #aaa1hba #aeh1dbj ,hadfields #bfe1djc #aci1cja #aji1eac ,h5ley's ,tel #aec1bbd #aab1hih #ajf1chj ,h[>d ,bull\gh #acf1aeb #cb1gff #afc1jff ,jessop 7,w47 ,sons #ajc1gbf #fj1ced #hg1cdc ,kn[les 7,a47 ,sons #dg1aii #ah1cbi #bi1adj ,leyl& ,motors #beb1ajg #he1jcg -- ,lysaght 7,john7 #dad1gfd #cac1gjg #ccj1egf ,locket's ,m]?yr ,coll]ies #de1fce #f1bbi #bb1bch ,met'n ,c>riage #cgb1adj #cba1jia #cfe1gci ,newton1 ,*amb]s #fj1ffi #d1ahb #hi1ebc ,n4 ,b4 ,locomotive #agd1bda #afj1fdd #adj1hhi ,nor?'s ,nav4 ,coal #acj1jga #fe1egh #ajj1add ,p>kgate ,iron #ajg1cdd #ff1fdc #he1afi ,projectile #aid1acf #cj1gci #ah1hhj ,p[ell ,duffryn #dch1gii #dbb1bjd #cfd1dba ,pease ,p>tn]s #dce1ggb #bdh1baf #che1ige ,rhymney ,iron #abg1gcc #eb1dhh #aca1ija ,s4 ,durham ,/eel #bci1hfh #aej1beg #cjb1iee ,%elton #aji1eed #fc1dfe #ha1ahe ,/ew>ts ,lloyds #bef1cjh #bcc1dbj #bdf1jfe ,swan1 ,hunt]1 etc #cje1jhc #bag1dih #bfd1abd ,unit$ ,colli]ies #baf1jfe #eg1fjj #ajj1ejc ,wigan ,coal1 etc #adc1bhh #dd1hbi #ach1aah ,,miscellane\s ,angus 7,geo47 ,co #ed1dfa #dc1egd #cb1abc ,burmah ,oil #a1dac1agj #a1daa1bgi #a1cfc1chi ,brad=d ,dy]s #efh1fbc #chg1ibc #dcj1jha ,blea*]s' ,association #daf1cid #aig1hce #dbc1daf ,bryant & ,may #aae1aei #aja1faf #ij1aeh ,broxburn ,oil #df1gbi #bb1beb #eg1jdf ,briti% ,cotton & ,wool ,dy]s #ic1ebd #db1big #i1bij ,brunn]1 ,mond #a1jaa1eij #gii1cbb #gfi1cdc ,bovril #afh1gif #acg1ehd #aai1hac ,buttons #fc1big #ch1hhj #cb1hcd ,borax ,consolidat$ #bje1hbe #aie1ddi #bce1bhe ,b>l[ ,jones #df1gih #ch1icf #cc1ehd ,briti% ,oil1 etc41 ,mills #bdc1aaj #aaa1bjc #aaf1eda ,briti% & ,arg5t9e ,meat #fea1bhi #fg1bhh -- ,curtis's ,h>vey #adc1hcj #gg1ged #dh1aag ,c\rtaulds #gda1ffh #ebj1cdi #dgd1aedhi ,calico ,pr94 7half yr47 #agf1eba -- #ee1die ,e4 ,velvet1 etc41 ,dy]s #gj1hcc #fa1afa #gb1dfg ,=e ,/4 ,w>eh\se #dh1ieg #bh1eig -- ,=e/al ,l& #ijj1idg #bcd1jfe #chc1cfb ,f9e ,sp9n]s #ece1hed #cia1jeg #fac1dae ,gas ,light ,coke #fjd1cad #ddi1eaj #ebb1gaj ,holl9s 7,w47 ,co #aje1fci #fe1ghf #fe1ihf ,h5ry 7,a4 & ,s47 #bdi1gac #ajd1jih #abb1ebh ,imp]ial ,tobacco #c1fii1hia #c1ecc1cfj #c1ced1dgf ,lev] ,bros #a1bfe1icc #a1aeb1ajg #ihh1bch ,l95 ,?read #beg1dah #ahh1ggc #ahi1adb ,l5n>ds #da1cjj #cd1deg #cj1cgg ,li/] & ,co #acc1hgd #id1djc #aea1deh ,lyons 7,j47 ,co #bgh1bic #bgf1djc #cec1cjc ,maypole ,dairy #ebh1bgd #dhh1jbf #dhi1fdc ,m&leb]g 7,j47 #gd1ejf #eb1jdi #eg1ifd ,pumph]/on ,oil #acd1ibg #gd1jaj #adj1jbe ,ryl&s ,sons 7half yr47 #abj1jcb #ee1agi -- ,ro!rham 7,j]47 #ajd1ibe #gd1fch #ei1fib ,salt ,union #adj1ebd #hi1ddc #hb1gia ,se>s 7,j47 ,co #hb1jgj #fe1jcb #eg1jfa ,/ead ,simpson #ei1hih #cb1gfb #cj1ceg ,samnuggur ,jute #bii1hbi #dd1cjg #hf1egd ,spill]s ,bak]s #bag1daf #cfg1hff #hi1cea ,unit$ ,alkali #cda1ihf #bag1jha #aic1fjd ,w9t]bottom ,book ,clo? #aga1aia #aai1gie #afe1bac ,webley ,scott #fa1bgg #af1cgf #i1eaa ,:iteaway1 ,laidlaw #aca1egg #ajg1ieb #abi1gij ,watson 7,joseph7 #abb1jja #hi1bij #ajc1iii ,"y's ,p>aff9 #dg1iec #bd1aci #hj1aeb ,,rubb]1 c4 #aiaf #aiae #aiad ,anglo-,malay #aba1bbd #gf1ica #ajd1ehc ,assam-,doo>s #ea1fgd #bb1bfi -- ,amalgamat$ ,tea #aeg1hah #ih1agf #gh1ghg ,batu ,tiga #ef1bic #bb1cae #bd1gfb ,bukit ,sembawang #cc1ihi #ad1cdd #f1jij ,consolidat$ ,tea #dgi1hae #bhi1bfb #bdg1fcc ,*]sonese #ei1fjb #ce1jai #bi1jha ,ceylon ,tea #afc1hii #ajh1cjj #ic1ijj ,damans>a #dh1fhj #cj1ehj #bi1jha ,ea/]n ,produce #abf1djf #ga1gbd #fi1jjd ,gr& ,c5tral #bdh1bja #acb1jai #hg1eed ,highl&s ,l[l&s #ajh1cdc #ge1dbe #gi1jgi ,jorehaut ,tea1 #fd1ejh #dc1bjd #cd1jhh ,jhanzie ,tea #ce1hha #ag1bhf #ae1aac ,klanang #cg1iah #bj1deh #bd1beg ,kuala ,selangor #dg1gdh #db1jac #cb1gih ,kanan ,devan #bjh1fab #abj1aai #ajf1iji ,l+gi #abe1gci #gh1hii #hc1gdf ,lunuva #cb1iid #ab1eii #ab1fjb ,malacca #beb1jjf #add1bbd #aca1aef ,nuw>a ,eliya #di1iae #ba1iba -- ,nordanal #ci1feh #cf1fhf #di1cdd ,panawatte ,tea #ch1afg #bc1hcc -- ,rub4 ,e/41 ,johore #db1gjc #bb1eda #aj1ica ,rani ,travancore #fc1gia #ce1cdi #cb1bei ,s+lo ,tea #fh1heg #cf1aff #ca1ddi ,sungei ,way #ch1ecb #cf1ecc #be1fbd ,/raits #aeg1fgh #afd1gej #ahe1dbf ,sungei ,kap> #ei1iff #ci1dbf #db1cfd ,selangor #ee1deg #eh1jjg #da1idj ,s]emban #dc1daj #bd1aih #bb1dga ,sunnygama #fc1fhh #dc1adb #ca1ica #ac4 ,! ,new ,witness1 ,june #bb1 #aiaf3 ,! ,t5? ,ord9>y ,g5]al ,meet+ ( ! ,=e/al ,l&1 ,timb]1 & ,railways ,co4 7,ltd47 0 held on ,friday la/1 at ,w9*e/] ,h\se1 ,e4,c41 ,b>on ,emile ,b4 d',erlang] 7*airman ( ! company71 presid+4 ,! *airman said t ! %>e capital rema9$ unalt]$1 & ! deb5ture debt _h only be5 decreas$ by ! ye>ly amortisation4 ,no less ?an #adc1fjj _h be5 add$ to ! depreciation acc\nt1 mak+ x #fcd1agj4 ,cr$it balances _h swoll5 by ! sum ( #age1ehi4 ,! pr(it on ! ye> 0 #ijj1idg1 z aga9/ #bcd1jfd la/ ye>4 ,on ! cr$it side1 prop]ties /ood at #d1dje1iag1 & _h increas$ by ! new prop]ties acquir$4 ,! live /ock /ood at #cd1jjj less ?an la/ ye>1 due to a small] /ock ( ,inv]nada cattle4 ,! /ocks ( extract & fell$ timb] _h ris5 by #aae1jjj1 pr9cipally ow+ to a l>g] /ock ( fell$ timb]4 ,debit balances _h ris5 to #aef1jjj4 ,9 ! pr(it & loss acc\nt ! trad+ pr(it 0 #a1bha1bii1 z comp>$ ) #fad1hgi la/ ye>1 &1 aft] d$uct+ ,london *>ges1 deb5ture int]e/1 depreciation1 & legal res]ve1 !re 0 left a pr(it ( #ijj1idg4 #ad4 ,! ,we/m9/] ,gazette1 ,july #ae1 #aiaf3 ,! acc\nts ( ! ,w4 & ,c4 ,t4 ,jones ,/eam%ip ,company1 ,limit$1 ( ,c>diff1 = ! ye> end$ ,june #cj1 %[ t1 ) a fleet ( ?irte5 /eam]s1 #ebd1hee pr(it has be5 e>n$1 repres5t+ #ahg p] c5t on ! capital ( #bhj1jjj4 ,! previ\s ye>'s e>n+s 7 #hg1aje4 ,a divid5d ( #ae p] c5t1 mak+1 ) #aj p] c5t int]im divid5d1 #be p] c5t = ! ye>1 free ( income tax1 is decl>$4 #ae4 ,! ,new ,/atesman1 ,july #a1 #aiaf3 ,! prolong$ debate 9 ! ,h\se ( ,commons on ! ,excess ,pr(its ,tax end$ on ,monday 9 a vote :i* f\nd ,mr4 ,mc,kenna's critics 9 a small ?\gh sub/antial m9ority4 ,! po9t actually at issue 0 n v simple1 & 9 spite ( repeat$ explanations sev]al ( ! mo/ p]si/5t speak]s nev] grasp$ x4 ,! dem& 0 t all controll$ e/abli%m5ts %\ld be exempt f ! excess pr(its tax 9 consid]ation ( ! patriotic s]vices !y 7 r5d]+ to _! c\ntry & ( ! b>ga9 alleg$ to h be5 conclud$ ) ! ,m9i/ry ( ,munitions :]eby any pr(its !y may make 9 excess ( #bj p] c5t above _! normal pr(its are 9 any ev5t tak5 by ! ,/ate4 ,?is meant1 ( c\rse1 t a controll$ firm :i* made a pr(it ( #ej1jjj 9 #aiad1 & ( #fj1jjj 7due to w> contracts7 9 #aiaf1 w\ld reta9 ! :ole ( _! excess pr(its )\t r$uction4 ,mr4 ,mc,kenna argu$ t su* firms1 hav+ ! advantages ( practically compulsory lab\r & fre$om f ,trade ,union re/rictions1 ought1 at any rate1 n to be let (f m lightly ?an uncontroll$ firms4 ,x is amaz+ t su* a proposition %\ld h to be /at$ at all4 ,! po9t ( view ( ! ord9>y memb] ( ! public und\bt$ly is t excess pr(its on ! mak+ ( munitions simply ought n to exi/4 ,if eng9e]+ firms are p]mitt$ to ma9ta9 _! old /&>d ( pr(it & divid5d 7) fair arrangem5ts1 ( c\rse1 = new capital & depreciation71 !y ought to be m ?an satisfi$4 ,great heat 0 develop$ on ! debate by ! repres5tatives ( v>i\s capitali/ int]e/s1 notably ,sir ,ar?ur ,m>kham1 ,mr4 ,j4 ,m4 ,h5d]son1 ,sir ,croydon ,m>ks1 & ,sir ,alfr$ ,mond2 & "s ( !m 7 n ev5 a%am$ to h9t t if _! dem&s 7 n agre$ to !re might be a dim9ution ( output4 ,at a mom5t :5 t5s ( ?\s&s ( m5 are giv+ up _! :ole incomes z well z _! sav+s1 9 ord] to fight = _! c\ntry1 x is impossible to imag9e any spectacle m un$ify+ = ! wage-e>n+ class ?an t ( ^! malcont5t capitali/ legislators angrily fight+ = _! extra w>-pr(its4 ,:5 "o rememb]s t x 0 ^! same g5tlem5 :o 7 s en?usia/ic = compell+ y\ng] & poor] m5 to sacrifice ev]y?+ !y possess1 x is h>d to f9d words to say :at ought to be said ( !m4 ,we hope1 at all ev5ts1 t ! names ( ^? :o vot$ aga9/ ! ,gov]nm5t on ! division w n be all[$ to be =gott5 9 ! con/itu5cies4 #af4 ,pall ,mall ,gazette1 ,janu>y #ca1 #aiaf3 ,f ,our ,own ,correspond5t4 ,,p>is1 ,saturday4 ,! tr\ble t has be5 brew+ = mon?s pa/ at ! ,c5tral ,m>kets has n[ come to a head4 ,a well-kn[n deal] 0 susp5d$ by ! ,prefect ( ,police2 ! ,home ,(fice ?\ght ?is insuffici5t & revok$ 8 lic5ce2 & !re is n[ talk ( a prosecution4 ,! ,c5tral ,m>kets are n a place :i* ! habitual ,p>isian c>es to v5ture into4 ,ap>t f its own peculi> & p>ticul>ly pung5t od\rs1 ! m>kets are peopl$ ) a class ( /allkeep] :o d n exactly keep _! tongue 9 _! pocket1 z ! ,fr5* say4 ,!y h1 9 fact1 a fl[ ( language1 & x requires a brave man to make a /& aga9/ x--& all ! brave m5 are at ! front j n[4 ,b ! ,c5tral ,m>kets n only h a language ( _! own2 !y h ways & me?ods ( deal+ t require long ye>s ( acqua9tance to fa?om1 s only exp]ts v5ture to make head or tail ( !m4 ,all ?is means t betwe5 ! ,c5tral ,m>kets1 at ! depository1 & mo/ ( all t ,p>is wants to eat1 & ! actual consum] z repres5t$ by ! ord9>y h\sewife />t+ out on h] daily r\nd ( %opp+1 !re move & live a ho/ ( int]m$i>ies4 ,l>ge z _! numb] is1 !y _c comp>e ) ! middlem5 :o squeeze 9 betwe5 ! ,c5tral ,m>kets & ! actual gr[]1 bre$]1 or produc]4 ,) s _m h&s = produce to pass ?r\gh1 ea* "o eag] to grab all t x c = itself be=e x passes ! /uff along1 x is small wond] t prices gr[1 n tak+ into acc\nt ! burd5 ( taxes & o!r *>ges ! goods h to be> on _! j\rney f ! f>m to ! h\sehold4 ,,army ,,( ,,inspectors ,! police h an army ( inspectors = wat*+ & sup]9t5d+ ! "w ( ! m>kets4 ,! rules drawn up = _! regulation w\ld m ?an fill an old-fa%ion$ ?ree-volume novel1 & ea* "o provides = p5alties sev]] & /rict] ?an ! o!r4 ,yet ! pr(itable game ( rigg+ ! m>ket & ev]y?+ connect$ ) x is 9 full sw+1 & no "o is m fool$ ?an ! police1 unless x be ! public4 ,s9ce ! w> broke out1 ! ,/ate1 ! city1 & ! public alike1 back$ up by ! small retail trad]1 h done _! be/ to get ev5 ) ! ,c5tral ,m>kets4 ,! m !y try to put ?+s "r ! worse !y seem to get4 ,prices appe> to ease = a brief space1 b !y soon become inflat$ once m4 ,or1 if !y d n1 ! p>ticul> commodity conc]n$ simply disappe>s 9 "s my/]i\s fa%ion until ! p[]s t be submit to ! inevitable1 & %ut _! eyes to s*em+ !y are helpless to prev5t4 ,,z ,,mu* ,,food ,,z ,,usual ,! wor/ ( x is t /ati/ics c always be produc$ to %[ t ! rise 9 prices is purely & simply ! outcome ( a fall+ (f 9 supplies4 ,arrivals ( fruits1 vegetables1 & fi% 9 ! la/ qu>t] ( ! pa/ ye> 7 exactly half ! av]age supply ( an ord9>y ye>2 eggs 7 two-?irds bel[ ! prop] figures1 meat "s #d1jjj tons %ort1 butt] six tons1 *eeses only a ton4 ,( c\rse1 ! population ( ! city has dim9i%$ also to a c]ta9 ext5t1 b n s mu* z might be expect$ consid]+ t !re is practically no s+le family t has n "o or m memb]s at ! front4 ,!y h be5 replac$ by refugees1 sick & w\nd$ soldi]s1 huge w> adm9i/rations ( "o k9d & ano!r4 ,p>is consequ5tly wants almo/ z mu* fe$+ z 9 ord9>y times1 n tak+ any acc\nt ( ! fact t portions ( bo? ! ,briti% & ,fr5* ,armies /ill buy provisions on ! ,p>is m>kets4 ,not)/&+ ! legitimate reasons t c be put =w>d to expla9 ! upw>d tr5d ( prices1 ! au?orities "k well en\gh t all is n s innoc5t & above bo>d z x appe>s4 ,"o or two m gl>+ in/ances ?an usual ( manipulation h put !m on ! "r track at la/4 ,o!r /eps may also be expect$1 = public op9ion has got to ! po9t t ei!r ! inside r+ mu/ be brok5 up or popul> res5tm5t w take a =m t no ,gov]nm5t c af=d to ov]look or affect to ignore4 #ag4 ,! ,daily ,news1 ,augu/ #af1 #aiae3 ,a ,,ye> ,,( ,,economic ,,w> ,! ,vorwa]ts1 )\t boa/+1 z ,dr4 ,helff]i* has be5 do+1 ( ,g]many's f9ancial inv9cibility1 yet sees cause = satisfaction 9 ! economic condition ( ! ,empire aft] twelve mon?s ( w>4 ,! upheaval ( ! fir/ week ( w> 0 inde$ s]i\s1 & ! grim spectre ( unemploym5t 0 9 ! air4 ,b x 0 soon laid4 ,! be/ results 7 obta9$ 9 ! sph]e ( unemploym5t4 ,at ! beg9n+ ( ! w> x 0 ab\t #bb-a_/b p] c5t1 9 ,octob] only #aji p] c5t1 & 9 ,may x _h fur!r sunk to #bi p] c5t4 ,! figures = ,june 7 #bf p] c5t z aga9/ #be p] c5t 9 ! previ\s ,june4444 ,simil>ly ! daily output ( coal ( ! ,rh5i% ,we/phalian ,coal ,syndicate1 :i* 9 ,july1 #aiad1 rea*$ #cbg1igd tons1 sank 9 ,augu/ to #agj1haf tons1 9 ,septemb] rose aga9 to #baa1iie1 & 9 ,octob] to #bbc1gfj1 ! figures = t mon? be+ #fj p] c5t ( ^? ( ! previ\s ,octob]4444 ,9 lat] mon?s1 9 spite ( ! call+ up ( m & m work]s1 x has only be5 #be to #bg p] c5t bel[ ! normal4 ,! writ] tells ! same /ory ( ! iron & textile indu/ries1 & traces ! good results to ! fact t ! supplies ( raw mat]ials 7 f> great] ?an _h be5 ?\ght4 ,= in/ance1 !re 7 ab\t #gjj1jjj bales ( cotton m ?an are ne$$ 9 a normal ye>4 ,besides :i* ! /ores ( conqu]$ c\ntries 7 at ! disposal ( ! conqu]ors4 ,! only trades :i* really suff]$ 7 ^? 9 luxuries4 ,! article concludes ?us3 ,! ,g]man trade has surviv$ ! %ocks ( ! fir/ ye> ( w> bett] ?an ! mo/ conv9c$ optimi/ c\ld h hop$1 & bett] ?an ! organisation ( o!r bellig]5ts4 ,all fe>s ( imm$iate inevitable indu/rial collapse :i* haunt$ u at ! beg9n+ ( ! w> h be5 dissipat$4 ,in/ead ( ?is we meet 9 all indu/rial circles ) ! consci\sness (t5 mu* exagg]at$ t ,we c endure4 ,! words 9 brackets are significant4 #ah4 ,pall ,mall ,gazette1 ,novemb] #aj1 #aiaf3 ,,liv+ ,,on ,,w> ,,krupps' ,,pr(it ,,jumps ,,f #a-a_/b ,,millions ,,to #d-a_/b ,,am/]dam1 ,tuesday ,night4 ,an ,ess5 telegram /ates t ! cle> pr(it la/ ye> ( ,krupps am\nt$ to #hf1djj1jjj m>ks 7#d1cbj1jjj71 z comp>$ ) a pr(it ( #cc1ijj1jjj m>ks 7#a1fie1jjj7 9 ! prec$+ ye>4 ,a divid5d ( #ab p] c5t has be5 di/ribut$4--,reut]4 #ai4 ,pall ,mall ,gazette3 ,,g]man ,,divid5ds ,,economic ,,position ,,( ,,"s ,,( ,,h] ,,companies ,! #aiad divid5ds ( ov] sixty limit$ companies1 ne>ly all ,g]man1 & ! rema9d] ,au/rian1 %[ t 9 ! case ( sixte5 companies ! divid5ds am\nt$ to #bj p] c5t or ov]1 ! av]age be+ #be-c_/af p] c5t4 ,^! companies 7says ! ,morn+ ,po/7 are ma9ly engag$ 9 ! production ( lea!r1 dynamite1 explosives1 india-rubb]1 arms1 ammunition1 & p[d]4 ,9 "o case1 t ( an explosives company 9 ,hamburg1 ! divid5d atta9$ #dj p] c5t4 ,g]many is /ill b>r+ ! ,swiss fronti]1 & = ! la/ five days ! ,g]man po/ arriv$ at ,b]ne v late or n at all1 ?us po9t+ to great activity 9 milit>y matt]s beyond ! ,g]man-,swiss fronti]4 ,z fur!r pro(1 if pro( 7 ne$$1 ( ! suffici5cy ( ,g]many's food supplies1 x is po9t$ out t %e n[ (f]s to s5d to ,switz]l& l>ge quantities ( potatoes4 #bj4 ,! ,times1 ,july #e1 #aiaf3 ,,w> ,,pr(it-,,mong]s ,,9 ,,russia ,f our ,correspond5t4 ,,petrograd1 ,july #b4 ,! cl]gy w to-morr[ publicly ana!matise ! freeboot]s ( ! re>1 :o are amass+ huge =tunes at ! exp5se ( ! public4 #ba4 ,! ,we/m9/] ,gazette1 ,aug4 #bh1 #aiaf3 ,,g]man ,,w> ,,sc&als #gjj ,,p] ,,c5t ,,pr(it ,,= ,,ea/ ,,prussian ,,l&[n]s ,,zuri*1 ,sunday4 ,details ( sev]al rec5t corrupt affairs :i* h come to light 9 ,g]many h rea*$ ,switz]l&4 ,at ,ma9z a timb] m]*ant 0 arre/$ = brib+ army (fic]s to secure contracts = 8 firm4 ,! (ficial inve/igation reveal$ t he _h paid a total ( #ej1jjj 9 bribes to army (fic]s4 ,"s ( ! individual bribes 7 z high z #b1ejj4 ,?is timb] m]*ant1 :o 0 almo/ a poor man be=e ! w>1 has accumulat$ 9 two ye>s a =tune :i* compell$ him to pay income-tax on an income ( #be1jjj p] annum4 ,ano!r sc&al\s affair 0 discov]$ 9 ,h]r von ,batocki's new ,imp]ial ,food ,dep>tm5t4 ,"o ( 8 (ficials1 ,b]not by "n1 0 brib$ by num]\s ,ea/ ,prussian l&[n]s to h ! crops f _! e/ates b\ght by ! ,gov]nm5t at exorbitant prices4 ,b]not pocket$ "s #ae1jjj1 & ! l&[n]s 9 "q sold _! :eat at a pr(it ( #gjj p] c5t4--,wireless ,press4 ,,footnotes3 ,footnote #hi3 ,net loss ( #bgf1efj 9 fir/ half #aiad-ae4 99 99 99 99 99 ,,by ,,! ,,same ,,au?or ,,lett]s ,,f ,,greece ,f'cap #hvo4 #bs4 net ,,cass&ra ,,9 ,,troy ,sm4 #dto4 #es4 net ,,m>t9 ,,seck] ,,8 ,,complete ,,catalogue ,,mcmxvii ,! ,books 9 ?is li/ %\ld be obta9able f all ,booksell]s & ,libr>ies1 & if any difficulty is exp]i5c$ ! ,publi%] w be glad to be in=m$ ( ! fact4 ,he w also be glad if ^? int]e/$ 9 receiv+ f "t to "t ,ann\ncem5t ,li/s1 ,prospectuses1 c1 ( new & =?com+ books f ,numb] ,five ,john ,/reet w s5d _! names & addresses to him = ?is purpose4 ,any book 9 ?is li/ may be obta9$ on approval ?r\gh ! booksell]s1 or direct f ! ,publi%]1 on remitt+ him ! publi%$ price1 plus ! po/age4 ,all prices indicat$ 9 ?is ,catalogue are ,,net4 ,,m>t9 ,,seck] ,publi%] ,numb] ,five ,john ,/reet ,adelphi ,london ,telephone ,g]r>d #dggi ,telegraphic ,address3 ,psophidian ,london ,m>t9 ,seck]'s ,catalogue ,,"p ,,"o ,,index ,,( ,,au?ors ,,ab]crombie1 ,,lascelles ,,speculative ,,dialogues4 ,cr4 #hvo4 #es4 ,,h>dy3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,! ,,epic 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,aflalo1 ,f4 ,g4 ,,beh9d ,,! ,,ranges4 ,wide ,demy #hvo4 #ajs4 #f;d4 ,,regild+ ,,! ,,cresc5t4 ,demy #hvo4 #ajs4 #f;d4 ,,birds ,,9 ,,! ,,cal5d>4 ,cr[n #hvo4 #cs4 #f;d4 ,,all%orn1 ,,lionel ,,/upor ,,mundi4 ,m$ium ,octavo4 #afs4 ,,app]son1 ,g4 ,l4 ,,! ,,social ,,hi/ory ,,( ,,smok+4 ,po/ #hvo4 #fs4 ,,arm/rong1 ,,donald ,,! ,,m>riage ,,( ,,quixote4 ,cr[n #hvo4 #fs4 ,,artziba%ef1 ,,mi*ael ,,san9e4 ,preface by ,gilb]t ,cannan4 ,cr[n #hvo4 #fs4 ,,break+-,,po9t4 ,cr[n #hvo4 #fs4 ,,! ,,millionaire4 ,intro4 by ! ,au?or4 ,cr[n #hvo4 #fs4 ,,tales ,,( ,,! ,,revolution4 ,cr[n #hvo4 #fs4 ,,b>r+ton1 ,,mi*ael ,,grahame ,,( ,,clav]h\se4 ,imp]ial #hvo4 #cjs4 ,edition de ,luxe #fcs4 ,,b5nett1 ,,arnold ,,^? ,,unit$ ,,/ates4 ,po/ #hvo4 #bs4 #f;d4 ,,black1 ,,clem5t9a ,,! ,,l9leys ,,( ,,ba?4 ,m$ium #hvo4 #afs4 ,,! ,,cumb]l& ,,lett]s4 ,m$4 #hvo4 #afs4 ,,b\lg]1 ,d4 ,c4 ,,! ,,battle ,,( ,,! ,,boyne4 ,m$4 #hvo4 #bas4 ,,br[n1 ,,ivor ,,ye>s ,,( ,,pl5ty4 ,cr[n #hvo4 #fs4 ,,security4 ,cr[n #hvo4 #fs4 ,,burr[1 ,c4 ,,k5nett ,,c>m9a ,,v>ia4 ,f'cap #hvo4 #bs4 #f;d4 ,,cald]on1 ,,george 7,) ,/4 ,john ,hank97 ,,?ompson3 ,a ,,com$y4 ,sq4 ,cr4 #hvo4 #bs4 ,,cannan1 ,,gilb]t ,,butl]3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,satire 7,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,*e/]ton1 ,g4 ,k4 ,,magic3 ,a ,,fanta/ic ,,com$y4 ,sq4 ,cr4 #hvo4 #bs4 ,,coke1 ,,desmond ,,! ,,art ,,( ,,silh\ette4 ,demy #hvo4 #ajs4 #f;d4 ,,crav51 ,a4 ,,scott ,,! ,,fool',s ,,trag$y4 ,cr[n #hvo4 #fs4 ,,crosl&1 ,t4 ,w4 ,h4 ,,! ,,engli% ,,sonnet4 ,demy #hvo4 #gs4 #f;d4 ,,collect$ ,,poems4 ,small #dvo4 #gs4 #f;d4 ,,w> ,,poems4 ,cr[n #hvo4 #as4 ,,! ,,book ,,( ,,engli% ,,sonnets4 7,edit$ ) an ,introduction47 ,pott #hvo4 #es4 ,,dawson1 ,,w>r+ton ,,! ,,true ,,dim5sion4 ,cr[n #hvo4 #fs4 ,,de ,,sel9c\rt1 ,,basil ,,:itman3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,rhyme 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,d\glas1 ,,norman ,,f\nta9s ,,9 ,,! ,,s&4 ,wide ,dy4 #hvo4 #gs4 #f;d4 ,,old ,,calabria4 ,demy4 #hvo4 #aes4 ,,s\? ,,w9d4 ,cr[n #hvo4 #fs4 ,,draycott1 ,g4 ,m4 ,,mahomet3 ,,f\nd] ,,( ,,islam4 ,dy4 #hvo4 #abs4 #f;d4 ,,dr9kwat]1 ,,john ,,morris3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,rossetti3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,! ,,lyric 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,falls1 ,,cyril ,,kipl+3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,fea1 ,,allan ,,old ,,engli% ,,h\ses4 ,demy #hvo4 #ajs4 #f;d4 ,,nooks ,,& ,,corn]s ,,( ,,old ,,engl&4 #es4 ,,fleck]1 ,j4 ,e4 ,,collect$ ,,poems4 ,small #dto4 #gs4 #f;d4 ,,! ,,gold5 ,,j\rney ,,to ,,sam>k&4 #es4 ,,francis1 ,,r5 ,,egyptian ,,/hetics4 ,wide ,demy #hvo4 #gs 4#f;d4 ,,gretton1 ,r4 ,h4 ,,hi/ory 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,hank91 ,,/4 ,,john ,,! ,,dramatic ,,works1 ) an ,introduction by ,john ,dr9kwat]4 ,small #dto4 ,def9itive ,limit$ ,edition 9 ,?ree ,volumes4 #bes4 ,,! ,,return ,,( ,,! ,,prodigal4 ,sq4 ,cr4 #hvo4 #bs4 ,,! ,,cassilis ,,engagem5t4 ,sq4 ,cr4 #hvo4 #bs4 ,,hank91 ,,/4 ,,john 7cont9u$7 ,,! ,,*>ity ,,t ,,began ,,at ,,home4 #bs4 ,,! ,,con/ant ,,lov]1 ,,etc4 ,sq4 ,cr4 #hvo4 #bs4 ,,hauptmann1 ,,g]h>t ,,! ,,complete ,,dramatic ,,works4 #f vols4 ,cr[n #hvo4 #es4 p] volume4 ,,hewlett1 ,,william ,,tell+ ,,! ,,tru?4 ,cr[n #hvo4 #fs4 ,,uncle',s ,,advice3 ,a ,,novel ,,9 ,,lett]s4 ,cr4 #hvo4 #fs4 ,,! ,,*ild ,,at ,,! ,,w9d[4 ,cr[n #hvo4 #fs4 ,,introduc+ ,,william ,,allison4 ,cr[n #hvo4 #fs4 ,,horsnell1 ,,horace ,,! ,,bankrupt4 ,cr[n #hvo4 #fs4 ,,h[e1 ,p4 ,p4 ,,! ,,rep]tory ,,!atre4 ,cr4 #hvo4 #bs4 #f;d4 ,,dramatic ,,portraits4 ,cr[n #hvo4 #es4 ,,%aw3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,synge3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,criticism 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,hueff]1 ,,=d ,,madox ,,james3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,collect$ ,,poems4 ,demy #hvo4 #fs4 ,,ibs51 ,,h5rik ,,pe] ,,gynt4 ,a ,new ,translation by ,r4 ,ellis ,rob]ts4 ,wide ,cr[n #hvo4 #es4 ,,jacob1 ,,h>old ,,p]fumes ,,( ,,araby4 ,wide ,demy #hvo4 #gs4 #f;d4 ,,james1 ,,h5ry ,,! ,,turn ,,( ,,! ,,screw4 ,,! ,,lesson ,,( ,,! ,,ma/]4 ,,! ,,dea? ,,( ,,! ,,lion4 ,,! ,,asp]n ,,pap]s4 ,,daisy ,,mill]4 ,,! ,,coxon ,,fund4 ,,james1 ,,h5ry 7cont9u$7 ,,! ,,rev]b]ator4 ,,! ,,alt> ,,( ,,! ,,dead4 ,,! ,,bea/ ,,9 ,,! ,,jungle4 ,,! ,,figure ,,9 ,,! ,,c>pet4 ,,glasses4 ,,! ,,pupil4 ,ea* ,f'cap #hvo4 #bs4 #f;d4 ,,johnson1 ,,ow5 ,,! ,,salam&]4 ,cr[n #hvo4 #fs4 ,,mak+ ,,money4 ,cr[n #hvo4 #fs4 ,,lamont1 ,l4 ,m4 ,a ,,coronal3 ,,an ,,an?ology4 ,f'cap #hvo4 #bs4 #f;d4 ,,lewisohn1 ,l4 ,,! ,,mod]n ,,drama4 ,cr[n #hvo4 #es4 ,,lluellyn1 ,,ri*>d ,,! ,,imp]fect ,,bran*4 ,cr[n #hvo4 #fs4 ,,l[1 ,,ivy ,,! ,,que/+ ,,bea/4 ,cr[n #hvo4 #fs4 ,,lyn*1 ,,bohun ,,un(ficial4 ,cr[n #hvo4 #fs4 ,,! ,,complete ,,g5tleman4 ,cr[n #hvo4 #fs4 ,mc,f,e,e1 ,,william ,,casuals ,,( ,,! ,,sea4 ,cr[n #hvo4 #fs4 ,,ma*51 ,,ar?ur ,,hi]oglyphics4 ,f'cap #hvo4 #bs4 #f;d4 ,,mack5zie1 ,,compton ,,! ,,passionate ,,elopem5t4 ,cr4 #hvo4 #fs4 & #bs4 ,,c>nival4 ,cr[n #hvo4 #fs4 & #bs4 ,,s9i/] ,,/reet4 ,volume ,i4 ,cr4 #hvo4 #fs4 & #bs4 ,,s9i/] ,,/reet4 ,volume ,,ii4 ,cr[n #hvo4 #fs4 ,,guy ,,& ,,paul9e4 ,cr[n #hvo4 #fs4 ,,k5s+ton ,,rhymes4 ,cr[n #dto4 #es4 ,,mavrogordato1 ,,john ,,lett]s ,,f ,,greece4 ,f'cap #hvo4 #bs4 ,,cass&ra ,,9 ,,troy4 ,small #dto4 #es4 ,,! ,,_w ,,9 ,,*a9s ,cr[n #hvo4 #bs4 ,,melville1 ,,lewis ,,"s ,,ecc5trics ,,& ,a ,,woman4 ,dy4 #hvo4 #ajs4 #f;d4 ,,me?ley1 ,,violet ,,camille ,,desm\l9s3 ,a ,biography4 ,dy4 #hvo4 #aes4 ,,meynell1 ,,viola ,,lot ,,b>r[4 ,cr[n #hvo4 #fs4 ,,mod]n ,,lov]s4 ,cr[n #hvo4 #fs4 ,,columb9e4 ,cr[n #hvo4 #fs4 ,,n>cissus4 ,cr[n #hvo4 #fs4 ,,murry1 ,j4 ,,middleton ,,do/oevsky3 ,a ,critical ,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,nor?1 ,,laur5ce ,,impati5t ,,griselda ,cr[n #hvo4 #fs4 ,,! ,,golightlys3 ,,fa!r ,,& ,,son4 ,cr4 #hvo4 #fs4 ,,onions1 ,,oliv] ,,widd]%9s4 ,cr[n #hvo4 #fs4 & #bs4 ,,9 ,,accordance ,,) ,,! ,,evid5ce4 ,cr4 #hvo4 #fs4 ,,! ,,debit ,,acc\nt4 ,cr[n #hvo4 #fs4 ,,! ,,/ory ,,( ,,l\ie4 ,cr[n #hvo4 #fs4 ,,pa91 ,,b>ry ,,"o ,,k9d ,,& ,,ano!r4 ,cr4 #hvo4 #fs4 & #bs4 ,,collect$ ,,tales3 ,volume ,i4 ,m$ium #hvo4 #es4 ,,collect$ ,,tales3 ,volume ,,ii4 ,m$ium #hvo4 #es4 ,,! ,,%ort ,,/ory 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,palm]1 ,,john ,,pet] ,,p>agon4 ,cr[n #hvo4 #fs4 ,,! ,,k+',s ,,m54 ,cr[n #hvo4 #fs4 ,,com$y 7,! ,art & ,craft ( ,lett]s74 ,f'cap #hvo4 #as4 ,,p]ug9i1 ,,m>k ,e4 ,,! ,,art ,,( ,,ballet4 ,demy #hvo4 #aes4 ,,philips1 ,,au/9 ,,battles ,,( ,,life4 ,cr[n #hvo4 #fs4 ,,pre/on1 ,,anna ,,! ,,record ,,( ,a ,,sil5t ,,life4 ,cr[n #hvo4 #fs4 ,,reid1 ,,=re/ ,,yeats3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,rob]ts1 ,r4 ,,ellis ,,ibs53 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,pe] ,,gynt3 ,a ,,new ,,translation4 ,cr4 #hvo4 #es4 ,,sabat9i1 ,,rafael ,,! ,,sea-,,hawk4 ,cr4 #hvo4 #fs4 & #bs4 ,,! ,,lion',s ,,sk94 ,cr[n #hvo4 #bs4 ,,! ,,bann] ,,( ,,! ,,bull4 ,cr[n #hvo4 #fs4 ,,! ,,sn>e4 ,cr[n #hvo4 #fs4 ,,s&1 ,,maurice ,,! ,,hi/ory ,,( ,,! ,,h>lequ9ade4 ,two ,volumes4 ,m$4 #hvo4 #bes4 ! set4 ,,scott-,,james1 ,r4 ,a4 ,,p]sonality ,,9 ,,lit]ature4 ,demy #hvo4 #gs4 #f;d4 ,,sidgwick1 ,,frank ,,! ,,ballad 7,art & ,craft ( ,lett]s74 #as4 ,,simms1 ,,evelyn ,a ,,vision ,,( ,,consolation4 ,cr[n #hvo4 #as4 ,,! ,,cr[n+ ,,purpose4 ,cr[n #hvo4 #as4 ,,sologub1 ,,feodor ,,! ,,old ,,h\se4 ,cr[n #hvo4 #fs4 ,,! ,,little ,,demon4 ,cr[n #hvo4 #fs4 ,,! ,,creat$ ,,leg5d4 ,cr[n #hvo4 #fs4 ,,squire1 ,j4 ,c4 ,,georgian ,,poets4 ,cr[n #hvo4 #es4 ,,tricks ,,( ,,! ,,trade4 ,cr[n #hvo4 #bs4 #f;d4 ,,! ,,gold ,,tree4 ,demy #hvo4 #gs4 #f;d4 ,,/one1 ,,*ri/oph] ,,! ,,burnt ,,h\se4 ,cr[n #hvo4 #fs4 ,,p>ody 7,art & ,craft ( ,lett]s74 #as4 ,,/raus1 ,,ralph ,,c>riages ,,& ,,coa*es4 ,m$4 #hvo4 #ahs4 ,,sw9n]ton1 ,,frank ,,giss+3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,/ev5son3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,sw9n]ton1 ,,frank 7cont9u$7 ,,nocturne4 ,,! ,,*a/e ,,wife4 ,ea* ,cr4 #hvo4 #fs4 ,,taylor1 ,g4 ,r4 ,,/irl+ ,m>y ,woll/onecraft4 ,demy #hvo4 #gs4 #f;d4 ,,taylor1 ,,una ,,maet]l9ck3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,?omas ,,edw>d ,,sw9burne3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,pat]3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,! ,,t5? ,,muse4 ,f'cap #hvo4 #bs4 #f;d4 ,,vaughan1 ,h4 ,m4 ,,meleag]4 ,cr[n #hvo4 #fs4 ,,! ,,dial ,,( ,,ahaz4 ,cr[n #hvo4 #fs4 ,,an ,,au/ralasian ,,w&]-,,ye>4 ,dy4 #hvo4 #ajs4 #f;d4 ,,walpole1 ,,hugh ,,=titude4 ,cr[n #hvo4 #fs4 ,,! ,,du*ess ,,( ,,wrexe4 ,cr[n #hvo4 #fs4 ,,! ,,d>k ,,=e/4 ,cr[n #hvo4 #fs4 ,,we/1 ,,julius ,,*e/]ton3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,williams1 ,,orlo ,,vie ,,de ,,boh,,me4 ,demy #hvo4 #aes4 ,,m]$i?3 ,a ,,critical ,,/udy4 ,dy4 #hvo4 #gs4 #f;d4 ,,! ,,essay 7,! ,art & ,craft ( ,lett]s74 #as4 ,,"y1 ,,filson ,,new ,,leaves4 ,wide ,cr[n #hvo4 #es4 ,a ,,*ri/mas ,,c>d4 ,demy #afmo4 #as4 ,,"y1 ,,francis ,,brett ,,deep ,,sea4 ,cr[n #hvo4 #fs4 ,,! ,,d>k ,,t[]4 ,cr[n #hvo4 #fs4 ,,! ,,iron ,,age4 ,cr[n #hvo4 #fs4 ,,five ,,degrees ,,s\? ,cr[n #hvo4 #as4 ,,"y1 ,f4 ,e4 ,,brett ,,und]gr[?4 ,cr[n #hvo4 #fs4 ,,bridges3 ,a ,,critical ,,/udy4 ,dy4 #hvo #gs4 #f;d4 ,,"p ,,two3 ,,classifi$ ,,index ,,( ,,titles ,g5]al ,lit]ature ,,art ,,( ,,ballet1 ,,!4 ,by ,m>k ,e4 ,p]ug9i4 ,,art ,,( ,,silh\ette1 ,,!4 ,by ,desmond ,coke4 ,,battle ,,( ,,! ,,boyne1 ,,!4 ,by ,d4 ,c4 ,b\lg]4 ,,beh9d ,,! ,,ranges1 ,by ,f4 ,g4 ,aflalo4 ,,birds ,,9 ,,! ,,cal5d>4 ,by ,f4 ,g4 ,aflalo4 ,,camille ,,desm\l9s4 ,by ,violet ,me?ley4 ,,c>riages ,,& ,,coa*es4 ,by ,ralph ,/raus4 ,,*ri/mas ,,c>d1 ,a4 ,by ,filson ,"y4 ,,cumb]l& ,,lett]s1 ,,!4 ,by ,clem5t9a ,black4 ,,dramatic ,,portraits4 ,by ,p4 ,p4 ,h[e4 ,,engli% ,,sonnet1 ,,!4 ,by ,t4 ,w4 ,h4 ,crosl&4 ,,georgian ,,poets4 ,by ,j4 ,c4 ,squire4 ,,gold ,,tree1 ,,!4 ,by ,j4 ,c4 ,squire4 ,,grahame ,,( ,,clav]h\se4 ,by ,mi*ael ,b>r+ton4 ,,hi]oglyphics4 ,by ,ar?ur ,ma*54 ,,hi/ory ,,( ,,! ,,h>lequ9ade1 ,,!4 ,by ,m4 ,s&4 ,,lett]s ,,f ,,greece4 ,by ,john ,mavrogordato4 ,,l9leys ,,( ,,ba?1 ,,!4 ,by ,clem5t9a ,black4 ,,mahomet4 ,by ,g4 ,m4 ,draycott4 ,,m>y ,,woll/onecraft4 ,by ,g4 ,r4 ,/irl+ ,taylor4 ,,new ,,leaves4 ,by ,filson ,"y4 ,,p]sonality ,,9 ,,lit]ature4 ,by ,r4 ,a4 ,scott-,james4 ,,regild+ ,,! ,,cresc5t4 ,by ,f4 ,g4 ,aflalo4 ,,social ,,hi/ory ,,( ,,smok+1 ,,!4 ,by ,g4 ,l4 ,app]son4 ,,"s ,,ecc5trics ,,& ,a ,,woman4 ,by ,lewis ,melville4 ,,speculative ,,dialogues4 ,by ,lascelles ,ab]crombie4 ,,/upor ,,mundi4 ,by ,lionel ,all%orn4 ,,t5? ,,muse1 ,,!4 ,by ,edw>d ,?omas4 ,,tricks ,,( ,,! ,,trade4 ,by ,j4 ,c ,squire4 ,,^? ,,unit$ ,,/ates4 ,by ,arnold ,b5nett4 ,,vie ,,de ,,boh,,me4 ,by ,orlo ,williams4 ,,_w ,,9 ,,*a9s1 ,,!4 ,by ,j4 ,mavrogordato4 ,v]se ,,book ,,( ,,engli% ,,sonnets1 ,,!4 ,,c>m9a ,,v>ia4 ,by ,c4 ,k5nett ,burr[4 ,,collect$ ,,poems ,,( ,t4 ,w4 ,h4 ,,crosl&4 ,,collect$ ,,poems ,,( ,j4 ,e4 ,,fleck]4 ,,collect$ ,,poems ,,( ,f4 ,m4 ,,hueff]4 ,,coronal1 ,a4 ,a ,,new ,,an?ology4 ,by ,l4 ,m4 ,lamont4 ,,cr[n+ ,,purpose1 ,,!4 ,by ,evelyn ,simms4 ,,five ,,degrees ,,s\?4 ,by ,f4 ,brett ,"y4 ,,gold5 ,,j\rney ,,to ,,sam>k&1 ,,!4 ,by ,j4 ,e4 ,fleck]4 ,,k5s+ton ,,rhymes4 ,by ,compton ,mack5zie4 ,,vision ,,( ,,consolation1 ,a4 ,by ,evelyn ,simms4 ,,w> ,,poems ,,by ',x4' ,drama ,,dramatic ,,works ,,( ,,/4 ,,john ,,hank94 #c vols4 ,,dramatic ,,works ,,( ,,g]h>t ,,hauptmann4 #f vols4 ,,cass&ra ,,9 ,,troy4 ,by ,john ,mavrogordato4 ,,magic4 ,by ,g4 ,k4 ,*e/]ton4 ,,mod]n ,,drama1 ,,!4 ,by ,l4 ,lewisohn4 ,,pe] ,,gynt4 ,translat$ by ,r4 ,ellis ,rob]ts4 ,,rep]tory ,,!atre1 ,,!4 ,by ,p4 ,p4 ,h[e4 ,,?ompson4 ,by ,/4 ,john ,hank9 & ,g4 ,cald]on4 ,travel ,,au/ralasian ,,w&]-,,ye>1 ,,an4 ,by ,h4 ,m4 ,vaughan4 ,,egyptian ,,/hetics4 ,by ,r5e ,francis4 ,,f\nta9s ,,9 ,,! ,,s&4 ,by ,norman ,d\glas4 ,,nooks ,,& ,,corn]s ,,( ,,old ,,engl&4 ,by ,allan ,fea4 ,,old ,,calabria4 ,by ,norman ,d\glas4 ,,old ,,engli% ,,h\ses4 ,by ,allan ,fea4 ,,p]fumes ,,( ,,araby4 ,by ,h>old ,jacob4 ,m>t9 ,seck]'s ,s]ies ( ,critical ,/udies ,,rob]t ,,bridges4 ,by ,f4 ,e4 ,brett ,"y4 ,,samuel ,,butl]4 ,by ,gilb]t ,cannan4 ,g4 ,k4 ,,*e/]ton4 ,by ,julius ,we/4 ,,fyodor ,,do/oevsky4 ,by ,j4 ,middleton ,murry4 ,,george ,,giss+4 ,by ,frank ,sw9n]ton4 ,,?omas ,,h>dy4 ,by ,lascelles ,ab]crombie4 ,,h5rik ,,ibs54 ,by ,r4 ,ellis ,rob]ts4 ,,h5ry ,,james4 ,by ,=d ,madox ,hueff]4 ,,rudy>d ,,kipl+4 ,by ,cyril ,falls4 ,,maurice ,,maet]l9ck4 ,by ,una ,taylor4 ,,george ,,m]$i?4 ,by ,orlo ,williams4 ,,william ,,morris4 ,by ,john ,dr9kwat]4 ,,walt] ,,pat]4 ,by ,edw>d ,?omas4 ,d4 ,g4 ,,rossetti4 ,by ,john ,dr9kwat]4 ,,b]n>d ,,%aw4 ,by ,p4 ,p4 ,h[e4 ,r4 ,l4 ,,/ev5son4 ,by ,frank ,sw9n]ton4 ,a4 ,c4 ,,sw9burne4 ,by ,edw>d ,?omas4 ,j4 ,m4 ,,synge4 ,by ,p4 ,p4 ,h[e4 ,,walt ,,:itman4 ,by ,basil de ,sel9c\rt4 ,w4 ,b4 ,,yeats4 ,by ,=re/ ,reid4 ,! ,art & ,craft ( ,lett]s ,,ballad1 ,,!4 ,by ,frank ,sidgwick4 ,,com$y4 ,by ,john ,palm]4 ,,criticism4 ,by ,p4 ,p4 ,h[e4 ,,epic1 ,,!4 ,by ,lascelles ,ab]crombie4 ,,essay1 ,,!4 ,by ,orlo ,williams4 ,,hi/ory4 ,by ,r4 ,h4 ,gretton4 ,,lyric1 ,,!4 ,by ,john ,dr9kwat]4 ,,p>ody4 ,by ,*ri/oph] ,/one4 ,,satire4 ,by ,gilb]t ,cannan4 ,,%ort ,,/ory1 ,,!4 ,by ,b>ry ,pa94 ,! ,tales ( ,h5ry ,james ,,alt> ,,( ,,! ,,dead1 ,,!4 ,,asp]n ,,pap]s1 ,,!4 ,,bea/ ,,9 ,,! ,,jungle1 ,,!4 ,,coxon ,,fund1 ,,!4 ,,daisy ,,mill]4 ,,dea? ,,( ,,! ,,lion1 ,,!4 ,,figure ,,9 ,,! ,,c>pet1 ,,!4 ,,glasses4 ,,lesson ,,( ,,! ,,ma/]1 ,,!4 ,,pupil1 ,,!4 ,,rev]b]ator1 ,,!4 ,,turn ,,( ,,! ,,screw1 ,,!4 ,m>t9 ,seck]'s ,s]ies ( ,two-,%ill+ ,novels ,,c>nival4 ,by ,compton ,mack5zie4 ,,s9i/] ,,/reet3 ,,vol4 ,i4 ,by ,compton ,mack5zie4 ,,! ,,passionate ,,elopem5t4 ,by ,compton ,mack5zie4 ,,! ,,sea-,,hawk4 ,by ,rafael ,sabat9i4 ,,san9e4 ,by ,mi*ael ,artziba%ef4 ,,=titude4 ,by ,hugh ,walpole4 ,,! ,,lion',s ,,sk94 ,by ,rafael ,sabat9i4 ,,widd]%9s4 ,by ,oliv] ,onions4 ,,"o ,,k9d ,,& ,,ano!r4 ,by ,b>ry ,pa94 ,fiction ,,bankrupt1 ,,!4 ,by ,horace ,horsnell4 ,,bann] ,,( ,,! ,,bull1 ,,!4 ,by ,rafael ,sabat9i4 ,,battles ,,( ,,life4 ,by ,au/9 ,philips4 ,,break+-,,po9t4 ,by ,mi*ael ,artziba%ef4 ,,burnt ,,h\se1 ,,!4 ,by ,*ri/oph] ,/one4 ,,c>nival4 ,by ,compton ,mack5zie4 ,,casuals ,,( ,,! ,,sea4 ,by ,william ,mc,fee4 ,,*a/e ,,wife1 ,,!4 ,by ,frank ,sw9n]ton4 ,,collect$ ,,tales3 ,,vol4 ,i4 ,by ,b>ry ,pa94 ,,collect$ ,,tales3 ,,vol4 ,,ii4 ,by ,b>ry ,pa94 ,,columb9e4 ,by ,viola ,meynell4 ,,complete ,,g5tleman1 ,,!4 ,by ,bohun ,lyn*4 ,,creat$ ,,leg5d1 ,,!4 ,by ,feodor ,sologub4 ,,d>k ,,=e/1 ,,!4 ,by ,hugh ,walpole4 ,,d>k ,,t[]1 ,,!4 ,by ,f4 ,brett ,"y4 ,,debit ,,acc\nt1 ,,!4 ,by ,oliv] ,onions4 ,,deep ,,sea4 ,by ,f4 ,brett ,"y4 ,,dial ,,( ,,ahaz1 ,,!4 ,by ,h4 ,m4 ,vaughan4 ,,du*ess ,,( ,,wrexe1 ,,!4 ,by ,hugh ,walpole4 ,,fool',s ,,trag$y1 ,,!4 ,by ,a4 ,scott ,crav54 ,,=titude4 ,by ,hugh ,walpole4 ,,golightlys1 ,,!4 ,by ,laur5ce ,nor?4 ,,guy ,,& ,,paul9e4 ,by ,compton ,mack5zie4 ,,impati5t ,,griselda4 ,by ,laur5ce ,nor?4 ,,imp]fect ,,bran*1 ,,!4 ,by ,ri*>d ,lluellyn4 ,,9 ,,accordance ,,) ,,! ,,evid5ce4 ,by ,o4 ,onions4 ,,introduc+ ,,william ,,allison4 ,by ,william ,hewlett4 ,,iron ,,age1 ,,!4 ,by ,f4 ,brett ,"y4 ,,k+',s ,,m51 ,,!4 ,by ,john ,palm]4 ,,lion',s ,,sk91 ,,!4 ,by ,rafael ,sabat9i4 ,,little ,,demon1 ,,!4 ,by ,feodor ,sologub4 ,,lot ,,b>r[4 ,by ,viola ,meynell4 ,,m>riage ,,( ,,quixote1 ,,!4 ,by ,donald ,arm/rong4 ,,mak+ ,,money4 ,by ,ow5 ,johnson4 ,,meleag]4 ,by ,h4 ,m4 ,vaughan4 ,,millionaire1 ,,!4 ,by ,mi*ael ,artziba%ef4 ,,mod]n ,,lov]s4 ,by ,viola ,meynell4 ,,n>cissus4 ,by ,viola ,meynell4 ,,nocturne4 ,by ,frank ,sw9n]ton4 ,,old ,,h\se1 ,,!4 ,by ,feodor ,sologub4 ,,"o ,,k9d ,,& ,,ano!r4 ,by ,b>ry ,pa94 ,,passionate ,,elopem5t1 ,,!4 ,by ,compton ,mack5zie4 ,,pet] ,,p>agon4 ,by ,john ,palm]4 ,,que/+ ,,bea/1 ,,!4 ,by ,ivy ,l[4 ,,record ,,( ,a ,,sil5t ,,life1 ,,!4 ,by ,anna ,pre/on4 ,,salam&]1 ,,!4 ,by ,ow5 ,johnson4 ,,san9e4 ,by ,mi*ael ,artziba%ef4 ,,sea ,,hawk1 ,,!4 ,by ,rafael ,sabat9i4 ,,security4 ,by ,ivor ,br[n4 ,,s9i/] ,,/reet4 ,i4 ,by ,compton ,mack5zie4 ,,s9i/] ,,/reet4 ,,ii4 ,by ,compton ,mack5zie4 ,,sn>e1 ,,!4 ,by ,rafael ,sabat9i4 ,,s\? ,,w9d4 ,by ,norman ,d\glas4 ,,/ory ,,( ,,l\ie1 ,,!4 ,by ,oliv] ,onions4 ,,tales ,,( ,,! ,,revolution4 ,by ,m4 ,artziba%ef4 ,,tell+ ,,! ,,tru?4 ,by ,william ,hewlett4 ,,true ,,dim5sion1 ,,!4 ,by ,w>r+ton ,dawson4 ,,uncle',s ,,advice4 ,by ,william ,hewlett4 ,,und]gr[?4 ,by ,f4 ,e4 ,brett ,"y4 ,,un(ficial4 ,by ,bohun ,lyn*4 ,,widd]%9s4 ,by ,oliv] ,onions4 ,,ye>s ,,( ,,pl5ty4 ,by ,ivor ,br[n4 ,,pr9t$ ,,by ,,wm4 ,,br5don ,,& ,,son1 ,,ltd4 ,,plym\?1 ,,engl&4