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Updated: June 24, 2025


Under it the gas companies were allowed to increase their dividends in proportion as they lowered their prices to the community. That is a key principle, and some adaptation of it is required wherever such services are left in private hands. My own view is that an amended form of railway control should first be tried, and if that fails we should be prepared for some form of nationalisation.

But the nationalisation of the State, of which the example was set in 1688 by Great Britain, was carried out much more thoroughly by France in the period that followed the revolution of 1789; and in the great conflict which ensued between France and the European States the principal continental opponents of France were compelled to follow her example, and, in a far greater degree than has ever happened in England, to nationalise the State.

There are other important considerations which confirm the view that, if the control of Irish railways were taken away from the Imperial Parliament, and placed under a Parliament sitting in Dublin, and if the general code of railway legislation now binding on both countries could be altered by a Home Rule legislature, results disastrous to the trade between the two countries would probably follow, whether "Nationalisation" were carried out or not.

Mr Davitt, who was an earnest disciple of Henry George's ideal of Land Nationalisation, naturally enough found nothing to like in the proposals for land purchase, which would set up a race of peasant-proprietors who would never consent to surrender their ownership to the State and would consequently make the application of the principles of Land Nationalisation for ever impossible in Ireland.

Victory at sea being indispensable for Great Britain in case of conflict, we inquired into the conditions of victory, and found in the parallel instances of Nelson and Napoleon that both by sea and land the result of the nationalisation of war is to produce a leader who is the personification of a theory or system of operations.

A vigorous writer whose agrarian doctrine was converted by Henry George into Land Nationalisation which it was not. He contributed to the Nation and the Felon, 1847-8, and attempted an insurrectionary conspiracy, 1849. Minister for Foreign Affairs in the French Republican Government.

Limitations of the hours of labour, the nationalisation of mines, railways, factories, and the soil, the equal distribution of all products, the elimination of all the upper classes for the benefit of the popular classes, &c., such are these claims. Little adapted to reasoning, crowds, on the contrary, are quick to act. As the result of their present organisation their strength has become immense.

A nation is not saved so cheaply! and to see those energies turned to land nationalisation or the scheming of a Collectivist millennium, which might have gone to the housing, educating, and refining of English men, women, and children of to-day, to moralising the employer's view of his profit, and the landlord's conception of his estate filled him with a growing despair.

There had been a good deal of talk in the papers of late about improving the means of transport throughout the country; and the nationalisation of railways and other semi-socialistic schemes had filled the air. Dubberley, it appeared, had out of his own gigantic intellect evolved a panacea for congestion of traffic, highness of rates, and railway mortality.

This procedure is being repeated in the launching of an optical-glass industry; this trade has also been in Teutonic hands. I could cite many other instances, but these will show the new spirit of British commercial enterprise and protection. Everywhere nationalisation is the keynote of trade activity.

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