"The recent return of Mr. Grayson, a Socialist, as member of Parliament for the Colne Valley, has brought prominently before the public mind the question of Socialism. Mr. Pete Curran's success at Jarrow a month or so ago, and the large number of Labour members returned at the last General Election, caused more or less desultory comment on Socialism as a possible feature of practical politics in the remote future; but Mr. Grayson can certainly claim that his achievement at Colne Valley brought the question of Socialism in to the very forefront at one bound. It is difficult to ignore Socialism, to dismiss it as a mere fad and fancy of a few hare-brained enthusiasts, after Mr. Grayson's success. The verdict of Colne Valley may be the verdict of many another constituency where the so-called working-class electors are numerically predominant. When we consider that the manual worker represents the majority of the electorate of the country, this contingency does not appear to be so very remote, provided that the leaders of Socialism can organize their resources and canvass the working-men on a wide and carefully-planned scale. In this respect the Colne Valley result may very well give them the lead and stimulus they have been waiting for. It must be borne in mind, too, that the forward section of the Labour Party is avowedly Socialist in its sympathies, and a definite start may therefore be said to have been made towards capturing the machinery of Government in the Cause of Socialism. "How will Socialism affect the business world? This is a question which many thoughtful business men must have already put to themselves. For reply we must go to the leaders of Socialism, and discover what their policy actually is. The common impression that Socialism spells barefaced confiscation is too superficial to be seriously adduced as an argument against Socialism. The leaders of the Cause include some of the cleverest men of the day--men who have a more rational basis for their policy than that of simply robbing Peter to pay Paul. The suggestion that Socialism means a compulsory 'share out' may be rightly dismissed as an idle scare. The most bitter opponent of Socialism must at least admit that there is a stronger argument to be met than that implied by the parrot-cry of 'spoliation.' Socialism has, at any rate, so far advanced as to be allowed the ordinary courtesies of debate. We may oppose it tooth and nail, but we must confront argument with argument and not with abuse.