Churchill has a second difference with Roosevelt in the field of economic theory and practice. He is distinctly against the New Deal. There was a time during the period of the Blue Eagle when Churchill seemed almost to fear that communism was coming to the United States. He warned: “It is irrational to tear down or cripple the capitalist system without having the fortitude of spirit and ruthlessness of action to create a new communist system.” With Churchillian directness he proclaims his belief in profits. “There can never be good wages or good employment for any length of time without good profits.” With equal candor and with much wit he defends rich men. “A second danger to President Roosevelt’s valiant and heroic experiments seems to arise from the disposition to hunt down rich men as if they were noxious beasts.... It is a very attractive sport, and once it gets started quite a lot of people everywhere are found ready to join in the chase.... The question arises whether the general well-being of the masses of the community will be advanced by an excessive indulgence in this amusement. The millionaire or multi-millionaire is a highly economic animal. He sucks up with sponge-like efficiency money from all quarters. In this process, far from depriving ordinary people of their earnings, he launches enterprise and carries it through, raises values, and he expands that credit without which on a vast scale no fuller economic life can be opened to the millions. To hunt wealth is not to capture commonwealth.” All this, his own economic philosophy, he sums up in the formula: “Whether it is better to have equality at the price of poverty or well-being at the price of inequality.” Does this indicate a narrowly selfish interest by Churchill in his own class? Not at all. He believes profoundly in the possibility of extending leisure and well-being to all mankind through the benefits of science. He takes the evidence of Soviet Russia that the means to general affluence is not communism, nor does he think it can come through any form of nationalization of production. He believes the essence of the problem is monetary. He believes the rights of man are more important than the success of any economic system. He believes in the British Empire as a mighty instrument of civilization. He believes profoundly in cooperation with us. There is no reason why the two mightiest democratic dictators, Roosevelt and Churchill, should not emerge from the Peace Conference with a harmonious plan. Q. _Is it true that Churchill is gifted with a peculiar power to foresee the event?_