NATIONALIZATION.
[To THE EDITOR OP THE " SPECTATOZ."] SIR,—In these days, when faddists abound, one is not surprised at various folk being for the nationalization of this or that trade or calling. The Socialist wing of Labour is the most clamant of all on this subject, as might be expected. However, whether they mean it or not, Socialists who advocate the nationalization of mines or railways or land invariably assert that they would give a fair price to the owners who are to be bought out by the State. In contrast to this, we have the Spectator asserting that it would only give less than half the fair price in the case of drink nationalization to the owners of the rights therein—i.e., values of 1915. I regretfully submit that this is dishonest and unworthy of the Spectator.—I am,
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