the strings, especially the pursestrings; but the whole point of his
position was that all sorts of strings had got entangled. The secret
strength of the money he held did not lie merely in the fact that it was
his money. It lay precisely in the fact that nobody had any clear idea of
whether it was his money, or his successor's money, or his brother's money,
or the Marconi Company's money, or the Liberal Party's money, or the
English Nation's money. It was buried treasure; but it was not private
property. It was the acme of plutocracy because it was not private
property. Now, by following this precedent, this unprincipled vagueness
about official and unofficial moneys by the cheerful habit of always
mixing up the money in the pocket with the money in the till, it would be
quite possible to keep the rich as rich as ever in practice, though they
might have suffered confiscation in theory. Mr. Lloyd George has four
hundred a year as an M. P.; but he not only gets much more as a Minister,
but he might at any time get immeasurably more by speculating on State
secrets that are necessarily known to him. Some say that he has even
attempted something of the kind. Now, it would be quite possible to cut
Mr. George down, not to four hundred a year, but to fourpence a day; and
still leave him all these other and enormous financial superiorities. It
must be remembered that a Socialist State, in any way resembling a modern
State, must, however egalitarian it may be, have the handling of huge sums,
and the enjoyment of large conveniences; it is not improbable that the
same men will handle and enjoy in much the same manner, though in theory
they are doing it as instruments, and not as individuals. For instance,
the Prime Minister has a private house, which is also (I grieve to inform
that eminent Puritan) a public house. It is supposed to be a sort of
Government office; though people do not generally give children's parties,
or go to bed in a Government office. I do not know where Mr. Herbert
Samuel lives; but I have no doubt he does himself well in the matter of
decoration and furniture. On the existing official parallel there is no