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explanation simple. Domestic reform on a large scale and on individualist lines has reached its limit; but to many Liberals, to many eminent and authoritative Liberals, reform on socialist lines is abhorrent. . . . Consequently there is a large party called Liberal, which, through the faults of its opponents and the accidents of time, is successful and has the high spirits of success, but is no more now than it has been for twenty years a party of homogeneous confidence in domestic reform, while on the world outside the British islands it looks with passivity, perhaps timidity, certainly with no intention of assisting oppressed peoples." ········ "Theoretical Socialism of a logical and thoughtful kind, not entangled with Radicalism, has made much progress of late years, more especially, so far as my own experience goes, in the educated and professional classes; but in practice it bides its time, with confidence perhaps, but with a consciousness that the time will be long coming. That is a different spirit from the buoyant expectancy of the old Liberalism."

Granted the necessity of idealism to individual and social health, Mr. Street's views do not conduce to optimism. Here we have a competent