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however, which the shortsighted statesmen who adopt his proposals when circumstances compel them, do not see to be necessary. Every activity in this direction, the Socialist urges, should lead towards nationalisation. The public ought to retain the ownership of what it has created. The afforestation encouraged should be national and municipal afforestation, the reclaimed land should remain national property, the small holdings should not be freeholds but leaseholds with the necessary security of tenure for those who work them. This is not only required so as to fit in with the general plan of Socialist organisation, put in order to produce the practical results aimed at. I need only instance the Australian experience regarding land. Several States broke up large territorial ownerships and granted freeholds to smaller cultivators. In a very short time failure began to be written over the experiment. The small holdings were sold and the law of concentration set to work to defeat the shortsighted schemes of governments. The Governments then adopted the Socialist method and retained the freeholds in their own hands. The result came almost instantaneously. The real worker settled on the land because he was not burdened at the outset by purchase capital, the small holdings did not concentrate into large ones, the people stayed upon the soil. The policy of breaking up the large estates was justified and the support of public funds required for the purpose really resulted in an increased country population.