Nature runs gigantic risks all the time, and throws millions of blossoms away so as to have its harvest of fruit, and at the same time nature shows the strictest economy and most perfect adjustment to ends in the single blossom which comes to fruit. Just this doubleness is needed in the progressive economic life. The rampant luxuriousness which is willing to throw away large means for a trial and for a fancy which may lead to nothing, and yet a scrupulous economy which reaches its ends with the smallest possible waste, must blend. But as long as man's mind is not greatly changed, both will be the natural tendency of the capitalist, and both are abhorred by the governmental worker. He has no right to run risks, but does not feel it his duty to avoid an unproductive luxuriousness. He wastes in the routine where he ought to economize, and is pedantic in the great schemes in which his imagination ought to be unbridled. The opponents of socialism have often likened the future state to a gigantic prison, where every one will be forced to do the work without a chance for a motive which appeals to him as an individual. This is in one respect unfair, as the socialists want to abolish private capital, but do not want to equalize the premiums for work. Yet is their method not introducing inequality up to the point where it has many of the bad features of our present system, and abolishing it just at the point where it would be stimulating and fertilizing to commerce and industry? We are to allow great differences of personal possession. Even to-day the large companies count with hundred-thousand-dollar salaries, and there is nothing in the socialistic principle which would counteract this tendency. The differences may even grow, if the economic callings are to attract the great talents at all in such a future state. But just the one decisive value of the possessions for the development of industry and commerce—namely, the transforming of the material gain into the capital which produces and works, would become impossible. The national achievement would be dragged down. All the dangers which threaten bureaucratic industrialism everywhere—political party influences with their capricious zigzag courses, favouritism, protection and graft, waste and indifference, small men with inflated importance in great positions, and great men with crushed wings in narrow places—all would naturally increase, and weaken the nation in the rivalry of the world.