It is the principal paradox of this period that the only sphere of our economic system in which government intervention is urgently necessary is also the only point at which action of the State is now effectively inhibited. It is in the region of wages and prices that we really require the continual economic leadership of government, but in our prevailing trade structure any such suggestion has come to be regarded as impious.

Strongly held opinions, strongly expressed, are anecessity in the chaos of a flabby age.

Since the war I have stressed altogether five main objectives. The true union of Europe; the union of government with science; the power of government to act rapidly and decisively, subject to parliamentary control; the effective leadership of government to solve the economic problem by use of the wage-price mechanism at the two key-points of the modern industrial world; and a clearly defined purpose for a movement of humanity to ever higher forms.

Newspapers are not made any longer by news or journalism. They are made by sheer weight of money expressed in free gift schemes. They serve not the interests of the many, but the vested interests of the few.

The Press will not be free to tell lies. That is not freedom for the people, but a tyranny over their minds and souls. Much humbug is talked on this subject. What is press freedom? In practice it means the right of a dew millionaires to corner newspaper shares on the stock exchange and to voice their own opinions and interests, irrespective of the truth or of the national interest.