wages a portion of the wood they cut,-it is evident that no capital is required for the payment of wages." If the world's work could be done in this manner, there would be some excuse for bringing up " barter " again; but it is utterly impracticable. Mr. George admits that capital is needed if "you do not choose either to sell or borrow," but prefer to go on accumulating stock. But he tells us that, even for a Suez Canal, "if the workmen were paid in tunnel (which, if convenient, might easily be done by paying them in stock of the company), then no capital for the payment of wages would be required." Mr. George only revives, by this suggestion, the exploded fallacy of "labour notes," introduced by a good-hearted man to better the condition of the labouring class. You may take a horse to the water, but you cannot make him drink ; you may pay labour by "tunnel notes," "labour notes "-call them what you like-but you cannot make a man take them for rent, clothing, food, &c. Does any sane man think that the working class would be better off if paid in "labour notes," "tunnel tunnel or other stock," which they would have to waste time in bartering away to obtain the necessaries of life, than by the present system, by which they receive from the capitalist their wages in money, that has a recognized value, and will be taken anywhere by every one ?

Those who tell us that "all wealth is due to labour, therefore to labour all wealth should go," not only overlook the fact that the result is obtained by the collective efforts of capital, skill, and labour, but that "labour" " always gets its share, whilst the capitalist may not get any interest, and often loses the principal, For example, take the failures yearly, or productions like the