isting order." The avowal of the Prussian war minister, von Einem, who said that he liked a soldier loyal to his king, even he were a bad shot, better than a less loyal one however good a shot he might be, certainly came from the depth of the soul of this representative of German militarism. But here militarism finds itself in a bad quandary. The handling of arms, strategy and tactics demand of the modern soldier not a small measure of intelligence and cause the more intelligent soldier also to be the more efficient, cæteris paribus. For that reason alone militarism would no longer be able to do anything with a merely stupid mass of men. Moreover, capitalism could not use such a stupid mass, as the great mass of the people, especially the great mass of the proletariat, have to perform economic functions requiring intelligence. To be able to exploit, to secure the highest possible rate of profit—the task of its life which it cannot escape—capitalism is compelled by a tragical fate to foster systematically and to a large extent among its slaves the same intelligence which, as it knows quite well, must bring