The word "property," one must remember, is a slightly evasive word. Absolute property hardly exists--absolute, that is to say, in the sense of unlimited right of disposal; almost all property is incomplete and relative. A man, under our present laws, has no absolute property even in his own life; he is restrained from suicide and punished if he attempt it. He may not go offensively filthy nor indecently clad; there are limits to his free use of his body. The owner of a house, of land, of a factory is subject to all sorts of limitations, building regulations for example, and so is the owner of horse or dog. Nor again is any property exempt from taxation. Even now property is a limited thing, and it is well to bear that much in mind. It can be defined as something one may do "what one likes with," subject only to this or that specific restriction, and at any time, it would seem, the State is at least legally entitled to increase the quantity and modify the nature of the restriction. The extremest private property is limited to a certain sanity and humanity in its use. In that sense every adult now-a-days has private property in his or her own person, in clothes, in such personal implements as hand-tools, as a bicycle, as a cricket-bat or golf-sticks. In quite the same sense would he have it under Socialism so far as these selfsame things go. The sense of property in such things is almost instinctive; my little boys of five and three have the keenest sense of _mine_ and (almost, if not quite so vividly) _thine_ in the matter of toys and garments. The disposition of modern Socialism is certainly no more to override these natural tendencies than it is to fly in the face of human nature in regard to the home. The disposition of modern Socialism is indeed far more in the direction of confirming and insuring this natural property. And again modern Socialism has no designs upon the money in a man's pocket. It is quite true that the earlier and extreme Socialist theorists did in their communism find no use for money, but I do not think there are any representative Socialists now who do not agree that the State must pay and receive in money, that money is indispensable to human freedom. The featurelessness of money, its universal convertibility, gives human beings a latitude of choice and self-expression in its spending that is inconceivable without its use.