29 JANUARY 1921, Page 14

A SOLUTION OF THE PROBLEM OF UNEMPLOYMENT [To THE EDITOR

OF THE " SPECTATOR."] the letter signed "Common Sense" in your issue of January 15th the writer puts the case fairly. Is there any reason why the working man should not be his own capitalist? Instead of reviling the capitalist why not do without him? Capital is not the exclusive property of a privileged class, and any industrial venture which promises success attracts it. Why not Trading instead of Trade Unions, with funds used as an industrial bank to finance industrial enterprise, instead of as a war-chest to finance industrial strife? Let the working man build his own factory, buy his own machinery, find his own markets, and snap his fingers at the capitalist instead of bullying a timid Goveriunent into a policy of spoliation.—I am,