which the community can do better than the individual." Precisely, but that is a truism, and does not carry us one whit further, for the very question at issue is as to what those things are which the community can do better than the individual; and when we seek for an answer to this question we find two directly conflicting views—the view of the socialist, who says: Every phase of wealth-production and distribution can be best performed by the community; and the view of the individualist, who contends these things are best left to the individual. But probably the true answer is to be found at neither extreme, is only to be gained by experiment, and will differ in different communities and at different periods. With a growing intelligence and honesty in municipal enterprise, with greater freedom from the control of the Central Government, it may be found—especially on municipally-owned land—that the field of municipal activity may grow so as to embrace a very large area, and yet the municipality claim no rigid monopoly and the fullest rights of combination exist.
Bearing this in mind, the municipality of Garden City will, at the outset, exercise great caution, and not attempt too much. The difficulty of raising the necessary funds with which to carry on municipal undertakings would be greatly increased if the Board of Management attempted to do everything; and, in the prospectus to be ultimately issued, a clear statement will be made of what the Corporation undertakes to do with the moneys entrusted to it, and this will at first embrace little more than those things which experience has proved municipalities can perform better than individuals. Tenants, too, will, it is obvious, be far more ready to offer adequate "rate-rents"
