Following the Liberal programme comes that of the Labour Party,
issued on Thursday. By far the most important thing in it is the proposal for a capital levy on fortunes exceeding £5,000. The proposal is so injurious and so foolish—it was completely demolished by Mr. McKenna in his speech on Wednesday—that we shall say no more about it now. As regards agriculture, Labour wants " to require the landlord to sacrifice rents rather than to ask the farm workers to accept starvation wages." But what is to happen in the case of a man who farms his own acres, and, therefore, has no landlord who can be required to sacrifice his rent ? To what fund is he to look to meet his wages bill ? After demanding the nationalisation of several industries, the manifesto ends with a declaration of opposition to measures which increase the power of the wealthier classes to frustrate the people's will. Here we are whole -heartedly in favour of the Labour Party's ideal. Surely, after this declara- tion, the Labour Party will no longer oppose, but will actively support, us in our campaign in favour of the Referendum. That is the way to render " the People's Will effective by constitutional means."
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