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We must remember that the field of insurance is already largely covered by a great mass of benevolent and friendly societies, just as the field of unemployment insurance is already occupied to some extent by trade unions, and the Government would not approve of any development or extension of the policy of insurance which did not do full justice to existing institutions, or which did not safeguard those institutions, to whom we owe so inestimable and incommensurable a debt, or caused any sudden disturbance or any curtailment of their general methods of business.

That's what I said the other day. 'Machinery is undoubtedly the cause of unemployment, replied Owen, 'but it's not the cause of poverty: that's another matter altogether. The others laughed derisively. 'Well, it seems to me to amount to the same thing, said Harlow, and nearly everyone agreed. 'It doesn't seem to me to amount to the same thing, Owen replied.

The intelligent and self-conscious section of the workers was forced to bear the burden of the unemployed and the poverty-stricken. Marx was fully aware of the consequences of this condition of things, but shut his eyes tightly to the cause. He pointed out that capitalistic power was dependent upon "the reserve army of labor," surplus labor, and a wide margin of unemployment.

Problems should not be anticipated, but tackled when they arose." Is it true? People are not so much afraid of the future as they are afraid of losing their jobs. The problem is more the context of a society with a high rate of unemployment, which was not the case when film was invented and television developed.

If unemployment and vagrancy are the product of our careless, indifferent society over the half-century, then its cure will come only by a half-century's careful regretful social labor by this same tardy society. "'The riot at Sacramento is merely the appearance of the problem from the back streets into the strong light.

At the very moment when the coming of steam power and the use of modern machinery were piling up industrial fortunes undreamed of before, destitution, pauperism and unemployment seemed more widespread and more ominous than ever. In this rank atmosphere germinated modern socialism. The writings of Marx and Engels and Louis Blanc were inspired by what they saw about them.

Not only was the number of workers taking part greater than in the previous struggles, but, owing to the fact of a large number of the strikers being men, and a big proportion of these heads of families, the poverty and intense suffering resulting from months of unemployment extended over a far larger area.

And when men are laid off they don't have money to spend, so retail trade slacks off some more, and that backs up inventories some more, and that backs up orders to factories and makes unemployment and hurts retail trade again. It's a feed-back. See?" It was Hoddan's grandfather's custom, at this point, to stare shrewdly at each of his listeners in turn. "But suppose somebody pirates a ship?

Neither need we combat at length the strangely superficial notion that such questions as unemployment, the Budget, etc., have little or no relation to that of saving the individual soul, as commonly understood.

Now, as has been remarked, experience goes to show that the wage of the average worker, as fixed by competition, is not and is not likely to become sufficient to cover all the fortunes and misfortunes of life, to provide for sickness, accident, unemployment and old age, in addition to the regular needs of an average family.