rests on universal suffrage, as in France, and in America, the power of the press is reduced to a very low ebb. The power of journalism is essentially one of town life and small balanced parties. Its influence evaporates where power is held by the millions, and government appeals directly to vast masses of voters spread over immense areas. Cleon and the Sausage-seller can do little when republican institutions are firmly rooted over the length and breadth of a great country. The destinies of this nation have now been finally committed to the people, and to the people we will appeal with confidence. The laborer and the workman have no interest in these wanton wars. In this imperial expansion, in this rivalry of traders and brag of arms; no taste for it and no respect for it. They find that they are dragged off to die in wars of which they know nothing; that their wages are taxed to support adventures which they loathe. The people are by instinct opponents of these crimes, and to them we will appeal. The people have a natural sense of justice and a natural leaning to public morality. Ambition, lucre, restlessness, and vainglory do not corrupt their minds to approve a financial adventure. They need peace, productive industry, humanity. Every step towards the true republic is a step towards morality. To the new voters, to the masses of the people, we will confidently appeal. There is, too, another side to this matter. If these burdens are to be thrust on the national purse, and (should the buccaneers have their way) if the permanent war expenditure must be doubled, and little wars at ten and twenty millions each are inevitable as well, then in all fairness the classes who make these wars and profit by them must pay for them. We have taken a great stride towards democracy, and two of the first taxes with which the new democracy will deal are the income-tax and the land-tax. The entire revision of taxation is growing inevitable. It is a just and sound principle that the main burden of taxation shall be thrown on the rich, and we have yet to see how the new democracy will work out that just principle. A graduated income-tax is a certain result of the movement. The steady pressure against customs duties and the steady decline in habits of drinking must combine to force the taxation of the future more and more on income and on land. A rapid rise in the scale of taxing incomes, until we reach the point where great fortunes cease to be rapidly accumulated, would check the wasteful expenditure on war more than any consideration of justice. Even a China merchant would hardly promote an opium war when he found himself taxed ten or twenty per cent. on his income.