The religious and ethical service of the days to come must interpret the social life of the people. The great mass of the people care as little for wealth as they do for books. The same argument as to the diminished returns of literature may be repeated to describe the diminished returns of private property. The economic revolution since feudal days has exhausted the values of private property in satisfying human need. The time was when property had an infinite value for expressing personality. In days to come private property will still have this value for many individuals. But among common folks generally private property does not seem to have boundless value for human satisfaction. Working men as I have known them do not take pains to get rich. They know the way to wealth by economy and accumulation, but they do not take it. They have a vast preference for the social intercourse, friendly interchanges and mutual dependence by which their life is refreshed, strengthened and sustained. Ethical policies of the future while using literature and private property as efficient implements must interpret social life itself as a flowing spring of religion and morality. The training of religious and ethical leaders should be undertaken in the theological seminary and in the university in such manner as to standardize the influence of these institutions, by the life not of the exceptional man, but of the common man. The influence of educated men must be used to reconstruct churches and societies upon the standards not of the wealthy, the learned, the genius and the well-to-do, but by the experiences of the poor, the workingman and the immigrant. The standard in all religious and ethical institutions which profess to represent the community is today graded up to the professional and exceptional. The reconstruction necessary is to grade down so that the appeal shall be to the poor and struggling man whose condition is in jeopardy, and whose status in the community is as yet undetermined. Institutions which appeal to the community as a whole must standardize their policy to the level of the margin of the community.