The new reform programs, however radical, are aimed at regenerating capitalism. The most radical of all, that of the single taxers, who plan not only that the state shall be the sole landlord, but that the railways and the mines shall be nationalized and other public utilities municipalized, do not deny that they want to put a new life into private capitalism, and to stimulate commercial competition in the remaining fields of industry. Mr. Frederick C. Howe, for instance, predicts a revival of capitalistic enterprise, after these measures are enacted, and even looks forward to the indefinite continuation of the struggle between capital and labor.[30] FOOTNOTES: [9] The _Socialist Review_ (London), April, 1909. [10] The _New Age_ (London), Nov. 4, 1909. [11] Edward Bernstein, "Evolutionary Socialism," p. 154. [12] Winston Churchill, "Liberalism and the Social Problem," p. 345. [13] H. G. Wells, "New Worlds for Old," p. 185. [14] Winston Churchill, _op. cit._, p. 80. [15] Winston Churchill, _op. cit._, pp. 326, 327. [16] Winston Churchill, _op. cit._, pp. 326. [17] Winston Churchill, _op. cit._, p. 396. [18] Winston Churchill, _op. cit._, p. 399. [19] Winston Churchill, _op. cit._, p. 336. [20] Winston Churchill, _op. cit._, p. 339. [21] Lloyd George, "Better Times," p. 163. [22] Lloyd George, _op. cit._, pp. 94-101. [23] Lloyd George, _op. cit._, p. 58. [24] Lloyd George, _op. cit._, p. 174. [25] Lord Rosebery's Speech at Glasgow, Sept. 10, 1909. [26] Louis F. Post, "Social Service," p. 341. [27] _The Public_ (Chicago), Nov. 4, 1910. [28] Henry George, "Progress and Poverty," Book IV, p. 454. [29] Professor E. A. Ross, "Sin and Society," p. 151. [30] Frederick C. Howe, "Privilege and Democracy in America," p. 277. CHAPTER II THE NEW CAPITALISM President Taft says that if we cannot restore competition, "we must proceed to State Socialism and vest the government with power to control every business." As competition cannot be revived in industries that have been reorganized on a monopolistic basis, this is an admission that, in such industries, there is no alternative to "State Socialism."