25 SEPTEMBER 1920, Page 22

The Triumph of Nationalization. By Sir Leo Chiozza Money, (CaaselL

7a. net.}—The thesis of this book is thak because the. State had to control. various trades and engage on a large scale in the making of munitions during the war, nationalization musthe regarded as a practical policy. It seems hardly necessary to say that the conditions during, the war-period were wholly abnormal, and that the public endured the inconvenience and wastefulness of the bureaucratic control for the sake of winning: the war. The author professes to believe that private enterprise failed' during the war, as if any sane manufacturer could have contemplated the possibility of having to concentratethe whole efforts of the iron and steel trades on guns and shells or as 11 shipowners ought to have foreseen a ' U' boat campaign. II the author fell ill and had to undertake a rest cure, he would be grievously offended on his recovery if he were expected to follow the severe regimen of the nursing home. Similarly, the public is not prepared to put up with the restrictions and the departmental muddling of war-time now that the war is ended. The case for nationalization is not strengthened by-this rhetorical treatise.