confidently hope to find a collective intelligence that may be pitted against any trust or board of directors the world is likely to produce.
I suggest this body as a sort of concrete sample of the thing I have in mind. I am quite open to hear and accept the most far-reaching modification of this scheme; it is the idea of the scale that I wish particularly to enforce. Municipalize on this scale, I would say, and I am with you altogether. Here is something distinctly and clearly subserving that making of mankind upon which all sane social and political proposals must ultimately base themselves. But to put more power, and still more power in the hands of these petty little administrative bodies that we have to-day, is, I submit, folly and darkness. If the existing areas are to remain the same, then, on the whole, my vote is against municipal trading, and on the whole, with regard to light, to tramways and communications, to telephones, and indeed to nearly all such public services, I would prefer to see these things in the hands of companies, and I would stipulate only for the maximum publicity for their accounts and the fullest provision for detailed regulation through the Board of Trade.
