tile to the proletariat, shall sensibly decrease or, worse still, cease, these educated members of the liberal professions will desert the army of Capital and bring a much-needed reinforcement to the Army of Labor.
Some of the more far-seeing upholders of the present system are keenly conscious of this danger. And this danger (even though most of the expansionists may not realize it), is one of the most potent causes of the Imperialism, Militarism, and Jingoism which are at present disgracing the civilized world. England in Africa, and America in the Philippines are pursuing their present criminal policies, not solely to open new markets for English and American goods, but also to secure new fields for the investment of English and American capital, and thus to stop the continuous dropping of the rate of interest and profits, for if this cannot be stopped, the intellectual proletariat will join the sweating proletariat, and the Co-operative Commonwealth will be established and then the poor capitalists will have to work for their livings like other people.
This was clearly pointed out by a capitalist writer in an essay in a recent number of the Atlantic Monthly, who warned the capitalist op-
