We may illustrate the difference between regard for the good of all members of the nation and of the nation itself in another way—namely, by reference to socialism, the principle which would abolish inequalities of wealth and opportunity, as far as possible, by abolishing or greatly restricting the rights of private property and capital, especially the right of inheritance. There can, I think, be little doubt that the adoption of socialism in this sense by almost any modern nation would increase the well being and happiness of its members very decidedly on the whole for the present generation and possibly for some generations to come. It is in respect of the continued welfare of the whole and of its perpetuation as an evolving and progressing organism that the effects seem likely to be decidedly bad. The socialists are in the main those who fix their desire and attention on the good of all; hence they are for the most part inclined to set a low value on nationality, even while they demand a vast extension of the functions of the State, conceived as an organised system of administration. Those, on the other hand, who repudiate socialism, not merely because they belong to the class of ‘Haves,’ must seek their justification in the consideration of the probable effects of such a change on the welfare of the nation conceived as an organism whose value far transcends the lives of the present generation. When, then, we attribute to the idea of the nation or to the national consciousness this all-important creative, constitutive, and conservative function, we must be clear that the idea is not an intellectual conception merely, but implies an enduring emotional conative attitude which is the sentiment of devotion to the nation; and, further, we must remember that the nation means not simply all existing individuals, the mere momentary embodiment of the nation, but something that is far greater, because it includes all the potentialities embodied in the existing persons and organisation. It is the presence and operation in the national mind of the idea of the nation in the extended sense just indicated that gives to national decisions and actions the character of truly collective volitions; they approach this type more nearly, the more the idea is rich in meaning and adequate or true, and the more widely it is spread, and the more powerful and widely spread is the sentiment which attaches value to the nation and sways men to decision and action for the sake of the whole, determining the issue among all other conflicting motives.