"It was much the same with the factories and shops which the national system called for. They were standing idle by thousands in all parts of the country, in the midst of starving populations of the unemployed. When these plants were suited to the Government requirements they were taken possession of, put in operation, and the former workers provided with employment. In most instances former superintendents and foremen as well as the main body of operatives were glad to keep their old places, with the nation as employer. The owners of such plants, if I remember rightly, received some allowance, equal to a very low rate of interest, for the use of their property until such time as the complete establishment of the new order should make the equal maintenance of all citizens the subject of a national guarantee. That this was to be the speedy and certain outcome of the course of events was now no longer doubted, and pending that result the owners of idle plants were only too glad to get anything at all for their use. "The manufacturing plants were not the only form of idle capital which the Government on similar terms made use of. Considerable quantities of foreign imports were required to supply the public stores; and to avoid the payment of profits to capitalists on these, the Government took possession of idle shipping, building what it further needed, and went into foreign trade, exporting products of the public industries, and bringing home in exchange the needed foreign goods. Fishing fleets flying the national flag also brought home the harvest of the seas. These peace fleets soon far outnumbered the war ships which up to that time exclusively had borne the national commission. On these fleets the sailor was no more a slave. HOW MONEY LOST ITS VALUE.