16 APRIL 1921, Page 3

As Sir Hallewell Rogers well puts it, they have inculcated

into their minds all over the world principles which are " quite inconsistent with economic progress." " They have been taught," ho goes on, " and now sincerely believe, that because labour is necessary to the creation of all wealth that, therefore, all wealth is created solely by labour." From that they deduce that a part of the product of " their splendid skill and energy " is wrongly going to the pockets of private individuals. It should go either to the manual workers or at least to the com- munity. We cannot, unfortunately, deal fully with Sir Hallewell Rogers' speech, but hope to return to it on a future occasion.