There are, it will be seen, some elements in the program of the new British Labour Party apparently at variance with American and English institutions, traditions, and ideas. We are left in doubt, for instance, in regard to its attitude toward private property. The instinct for property is probably innate in humanity, and American conservatism in this regard is, according to certain modern economists, undoubtedly sound. A man should be permitted to acquire at least as much property as is required for the expression of his personality; such a wise limitation, also, would abolish the evil known as absentee ownership. Again, there will arise in many minds the question whether the funds for the plan of National finance outlined in the program may be obtained without seriously deranging the economic system of the nation and of the world. The older school denounces the program as Utopian. On the other hand, economists of the modern school who have been consulted have declared it practical. It is certain that before the war began it would not have been thought possible to raise the billions which in four years have been expended on sheer destruction; and one of our saddest reflections today must be of regret that a small portion of these billions which have gone to waste could not have been expended for the very purposes outlined--education, public health, the advancement of science and art, public buildings, roads and parks, and the proper housing of populations! It is also dawning upon us, as a result of new practices brought about by the war, that our organization of industry was happy-go-lucky, inefficient and wasteful, and that a more scientific and economical organization is imperative. Under such a new system it may well be, as modern economists claim, that, we shall have an ample surplus for the Common Good.