"At first the goods in these stores were of necessity bought by the Government of the private capitalists, producers, or importers. On these the public employee saved all the middlemen's and retailers' profits, getting them at perhaps half or two thirds of what they must have paid at private stores, with the guarantee, moreover, of a careful Government inspection as to quality. But these substantial advantages were but a foretaste of the prosperity he enjoyed when the Government added the function of production to that of distribution, and proceeded as rapidly as possible to manufacture products, instead of buying them of capitalists.

"To this end great food and cotton farms were established in all sections of the country and innumerable shops and factories started, so that presently the Government had in public employ not only the original 5,000,000, but as many more--farmers, artisans, and laborers of all sorts. These, of course, also had the right to be provided for at the public stores, and the system had to be extended correspondingly. The buyers in the public stores now saved not only the profits of the middleman and the retailer, but those as well of the manufacturer, the producer, and the importer.

"Still further, not only did the public stores furnish the public employees with every kind of goods for consumption, but the Government likewise organized all sorts of needful services, such as cooking, laundry work, housework agencies, etc., for the exclusive benefit of public employees--all, of course, conducted absolutely at cost. The result was that the public employee was able to be supplied at home or in restaurants with food prepared by the best skill out of the best material and in the greatest possible variety, and more cheaply than he had ever been able to provide himself with even the coarsest provisions."

"How did the Government acquire the lands and manufacturing plants it needed?" I inquired. "Did it buy them of the owners, or as to the plants did it build them?"

"It co erected them without affecting the success of the programme, but that was generally needless. As to land, the farmers by millions were only too glad to turn over their farms to the Government and accept employment on them, with the security of livelihood which that implied for them and theirs. The Government, moreover, took for cultivation all unoccupied lands that were convenient for the purpose, remitting the taxes for compensation.

"It was much the same with the factories and shops which the national system called for. They were standing idle by thousands in all parts of the country, in the midst of starving populations of the unemployed. When these plants were suited to the Government requirements they were taken possession of, put in operation, and the former workers provided with employment. In most instances former superintendents and foremen as well as the main body of operatives were glad to keep their old places, with the nation as employer. The owners of such plants, if I remember rightly, received some allowance, equal to a very low rate of interest, for the use of their property until such time as the complete establishment of the new order should make the equal maintenance of all citizens the subject of a national guarantee. That this was to be the speedy and certain outcome of the course of events was now no longer doubted, and pending that result the owners of idle plants were only too glad to get anything at all for their use.

"The manufacturing plants were not the only form of idle capital which the Government on similar terms made use of. Considerable quantities of foreign imports were required to supply the public stores; and to avoid the payment of profits to capitalists on these, the Government took possession of idle shipping, building what it further needed, and went into foreign trade, exporting products of the public industries, and bringing home in exchange the needed foreign goods. Fishing fleets flying the national flag also brought home the harvest of the seas. These peace fleets soon far outnumbered the war ships which up to that time exclusively had borne the national commission. On these fleets the sailor was no more a slave.

HOW MONEY LOST ITS VALUE.

"And now consider the effect of another feature of the public-store system, namely, the disuse of money in its operations. Ordinary money was not received in the public stores, but a sort of scrip canceled on use and good for a limited time only. The public employee had the right of exchanging the money he received for wages, at par, into this scrip. While the Government issued it only to public employees, it was accepted at the public stores from any who presented it, the Government being only careful that the total amount did not exceed the wages exchanged into such scrip by the public employees. It thus became a currency which commanded three, four, and five hundred per cent premium over money which would only buy the high-priced and adulterated goods for sale in the remaining stores of the capitalists. The gain of the premium went, of course, to the public employees. Gold, which had been worshiped by the capitalists as the supreme and eternal type of money, was no more receivable than silver, copper, or paper currency at the public stores, and people who desired the best goods were fortunate to find a public employee foolish enough to accept three or four dollars in gold for one in scrip.

"The effect to make money a drug in the market, of this sweeping reduction in its purchasing utility, was greatly increased by its practically complete disuse by the large and ever-enlarging proportion of the people in the public service. The demand for money was still further lessened by the fact that nobody wanted to borrow it now for use in extending business, seeing that the field of enterprise open to private capital was shrinking every hour, and evidently destined presently to disappear. Neither did any one desire money to hoard it, for it was more evident every day that it would soon become worthless. I have spoken of the public-store scrip commanding several hundred per cent premium over money, but that was in the earlier stages of the transition period. Toward the last the premium mounted to ever-dizzier altitudes, until the value of money quite disappeared, it being literally good for nothing as money.