,IS ,TRADE ,RECOV]+8 

,PEOPLE 3 

,AU?OR 3 ,WILLIAM ,MORRIS 

,TEXT 3 

,S\RCE3 0,IS ,TRADE ,RECOV]+80 ,COMMONWEAL1 ,VOL #b1 ,NO4 #d#i1 #ah ,DECEMB] #a#h#h#f1 P4#c2 
,TRANSCRIB$3 BY ,T$ ,CRAW=D4 

,WE >E BE+ TOLD BY ! MIDDLE-CLASS PRESS AT PRES5T1 ?AT !RE >E SIGNS ( ! PASS+ AWAY ( ?AT DEPRESSION ( TRADE :I* NOBODY D5IES IS REAL 5\<4 ,N[1 NON-,SOCIALI/S WILL D\BTLESS LOOK ON ,SOCIALI/S :O DREAD ?IS RECOV]Y ( TRADE AS LIKELY TO CALM D[N ! PRES5T AGITATION AS V]Y DREADFUL P]SONS2 BUT ,I W\LD ASK !M FIR/ TO REMEMB] ?AT ! REALIZATION ( ,SOCIALISM MEANS TO US A NEW & HAPPY WORLD2 & CONSID]+ H[ FRI<TFUL >E ! SUFF]+S ( A L>GE P>T ( CIVILIZ$ POPULATIONS1 & H[ /ILL MORE FRI<TFUL IS !IR DEGRADATION EV5 9 PROSP]\S TIMES ( TRADE1 WE >E SURELY JU/IFI$ BY \R PO9T ( VIEW 9 ?9K+ ! SPE$Y ADV5T ( ,SOCIALISM WOR? PAY+ A HEAVY PRICE =4 ,FUR!RMORE1 ?OSE ( US :O /UDY HI/ORY & BELIEVE 9 ! EVOLUTION ( ! RACE1 CANNOT D\BT ?AT ,SOCIALISM CAN ONLY BE REALIZ$ BY ! ROTT+ AWAY ( ! SY/EM :I* IT IS GETT+ READY TO SUPPLANT4 ,NO AM\NT ( PREA*+1 ( 5?USIASM1 OR ( DEVOTION EV51 WILL 9DUCE ! WORK]S1 ) :OM ! WORLDS' FUTURE LIES1 TO ACCEPT & TO ACT UPON M]E AB/RACT PROPOSITIONS ( :AT !Y HAVE A RI<T TO ASPIRE TO2 NECESSITY MU/ PU% !M ON BE=E !Y CAN EV5 CONCEIVE ( ! FUTURE ( EQUALITY & MUTUAL GOOD-WILL :I* WE KN[ AWAITS !M4 

,:5 ! WORK+-CLASSES BECOME CONSCI\S ( ! /RUGGLE :I* IS ALWAYS GO+ ON BETWE5 !M & ! CLASSES :I* LIVE UPON !IR LABOR1 !N !Y WILL BE ABLE & READY TO FACE ! DANG]S ( ! ACTION :I* MU/ COME BE=E ! REALIZATION ( ! NEW ORD] ( ?+S2 ! DANG]S1 ! ADD$ MIS]IES1 ! LOAD ( RESPONSIBILITY :I* MU/ ATT5D SU* ACTION2 !N & NOT TILL !N4 ,& NECESSITY ONLY CAN MAKE !M CONSCI\S ( ?IS /RUGGLE4 

,! CLASSES ?AT LIVE UPON ! LABOR ( ! WORK]S1 IF !Y >E NOT CONSCI\S ( ?IS1 YET ACT 9/9CTIVELY AS IF !Y W]E4 ,!Y ACT AS IF !Y KNEW ?AT ! CONSCI\SNESS ( ! CLASS-/RUGGLE W]E BE+ =C$ UPON ! WORK]S4 ,EXCEPT = A FEW POOR-LAW & *>ITY ORGANIZATION P$ANTS1 NO ONE 9 PUBLIC V5TURES TO SPEAK ( ! WORK+-CLASSES ) ! BRUTALITY :I* ,I AM OLD 5\< TO REMEMB] AS ! COMMON MANN] ( TALK AB\T !M4 ,ALL K9DS ( PHILAN?ROPICAL S*EMES >E SET ON FOOT = !IR SUPPOS$ B5EFIT BY ! RI*] CLASSES1 FROM ! BUILD+ ( GOODY-GOODY PEOPLE'S PALACES UP TO S*EMES :I* >E A K9D ( DEMI-SEMI-,SOCIALI/IC4 ,! AIM ( ALL ?IS PHILAN?ROPY IS UND\BT$LY TO MAKE IT SOME:AT EASI] = ! WORK]S TO LIVE -- AS WAGE-SLAVES2 & POSSIBLY MANY ( ! PHILAN?ROPI/S BELIEVE ?AT !Y >E ACT+ ?US ( !IR [N FREE-WILL2 BUT AS A CLASS !Y >E NOT SO DO+1 NECESSITY IS COMPELL+ !M ON ! ONE H& TO KEEP ! POORE/ SLAVES QUIET BY HOPE ( *>ITY 9 SOME =M OR ANO!R2 & ON ! O!R TO GIVE ALL OPPORTUNITY POSSIBLE = ! BETT] PAID WORK]S TO RISE 9TO ! CAPITALI/ CLASS4 ,TO MAKE ! BASIS ( EXPLOITATION AS WIDE AS POSSIBLE1 TO 9T]E/ AS MANY AS POSSIBLE 9 ! PLUND] ( LABOR1 IS ! AIM ( ALL MIDDLE-CLASS DEAL+S ) ! WORK]S :I* >E NOT M]E DEM5T$ FOLLY4 ,IT IS CLE> ?AT ?IS ATTEMPT AT DIV]T+ ! ASPIRATIONS ( ! WORK]S 9TO ! *ANNEL ( M]E 9DIVIDUAL SELF-9T]E/ HAS NOT ! SAME *ANCE ( SUCCESS :5 TIMES >E BAD & TRADE SLACK1 AS 9 P]IODS ( COMM]CIAL PROSP]ITY2 & IF ?AT PROSP]ITY %\LD :5 IT CAME TURN \T TO BE /EADY & CONT9U\S1 ,SOCIALISM W\LD BECOME A M]E 'PI\S OP9ION'2 BECAUSE ! PLEASURE & EXCITEM5T ( ! GAMBL+ = LIVELIHOOD :I* W\LD BE OP5 TO ALL ! BETT]-(F WORKM51 W\LD BL9D !M TO ! DEGRADATION ( !IR CONDITION & ! SORDIDNESS ( ! DESP]ATE /RUGGLE4 ,9 %ORT1 ! CLASS-/RUGGLE W\LD T5D T[>D ! CREATION ( A NEW CLASS =M$ \T ( ! SUP]IOR WORKM51 JU/ AS \R PRES5T MIDDLE-CLASS HAS BE5 =M$ \T ( ! GUILD-CRAFTSM5 & FRE$M5 ( ! ,MIDDLE ,AGES4 

,TO C\NT]ACT ?IS T5D5CY IS ! MA9 BUS9ESS ( ,SOCIALI/S AT PRES5T4 ,TO ASS]T ! NECESSITY ( ! WAGE-WORK]S1 NOT ONLY ( ALL C\NTRIES BUT ALSO ( ALL CONDITIONS1 TO UNITE2 TO REFUSE TO ADMIT ANY DI/9CTION BETWE5 SKILL$ & UNSKILL$1 EMPLOY$ OR UNEMPLOY$1 MU/ BE \R ANSW] TO ! B\RGEOIS ATTEMPT AT BUILD+ UP A NEW MIDDLE-CLASS4 ,& ,SOCIALI/S MU/ CONSID] ?AT IF ?AT T5D5CY BECOMES A FACT & ! NEW CLASS DOES GR[ UP1 IT WILL %[ ?AT WE HAVE BE5 MI/AK5 9 SUPPOS+ ?AT ! PRES5T SY/EM WAS ROTT+ TO ITS 5D4 ,IT W\LD MEAN ?AT ,SOCIALISM WAS PUT (F NOT = FIFTY YE>S1 BUT = C5TURIES4 

,!RE=E1 AT ! RISK ( BE+ ACCUS$ ( WANT ( SYMPA?Y ) SUFF]+1 & 9HUMAN P>TY SPIRIT1 WE >E B\ND TO HAIL ! SIGNS ( ! ROTT+ AWAY ( COMM]CIALISM1 ! DEPRESSION ( TRADE & CONFUSION ( POLITICS1 JU/ AS AN OPPRESS$ PEOPLE HAILS ! W> :I* IS TO SET !M FREE4 ,IT IS UNHE>D ( & IMPOSSIBLE ?AT BIR? %\LD TAKE PLACE )\T /RUGGLE & SUFF]+2 BUT 9 SPITE ( ?AT WE LONG = ! BIR?4 

,AS = ! RECOV]Y ( TRADE ) :I* WE >E ?REAT5$1 ! SIGNS ( IT >E NOT V]Y OBVI\S AS YET4 ,PROBABLY 9 MANY CASES IT IS SIMPLY A MATT] ( SPECULATION1 AS ! ,COTTON ,FACTORY ,TIMES ( ,NOVEMB] #bf TELLS IS ! CASE ) ! APP>5T RECOV]Y 9 ?AT 9DU/RY2 9 O!RS IT SIMPLY MEANS ?AT ! /OCKS HAVE BE5 SOME:AT WORK$ (F1 & SO GIVE OPPORTUNITY = BEG9N+ FRE% OV]PRODUCTION4 ,AN ACC\NT TO H& ( ! F9AL REPORT ( ! ,COMMISSION ON ! ,DEPRESSION ( ,TRADE MAKES NO BOA/ ( RECOV]Y1 & IS NOT V]Y H]OIC 9 ITS PROPOS$ REM$IES4 ,AFT] HAV+ ADMITT$ ?AT '!RE IS A T5D5CY 9 ! SUPPLY1 ( COMMODITIES TO \TRUN ! DEM&'1 !Y SAY1 '?AT ! GREAT OBJECT TO BE AIM$ AT IS TO DIM9I% ! CO/ ( PRODUCTION1 SO F> AS IT CAN BE DONE CONSI/5TLY ) ! MA9T5ANCE ( S\ND QUALITY & GOOD WORKMAN%IP'4 ,HAS IT OCCURR$ TO !SE ,GO?AMITES ?AT ! ONLY WAY ( R$UC+ ! CO/ ( PRODUCTION IS BY R$UC+ ! LABOR US$ 9 PRODUC+1 & UND] \R PRES5T SY/EM ?AT CAN ONLY BE DONE BY L[]+ WAGES4 ,:AT !SE CURI\S P]SONS PROPOSE IS TO REM$Y OV]-PRODUCTION BY PRODUC+ MORE ON ! ONE H&1 & BY DECREAS+ \R P[] ( CONSUMPTION ON ! O!R4 

,! RIDICUL\S POSITION ( !SE ,COMMISSION]S IS AN 9DICATION AMONG O!RS NUM]\S 5\<1 ?AT A RECURR5CE TO ! RO>+ TIMES ( TRADE IS UNLIKELY TO HAPP51 OR AT LEA/ IF IT DID1 ! RECOV]Y W\LD SPE$ILY BE FOLL[$ BY A DEEP] DEPRESSION4 ,?AT MEANS ?AT ! /ATE ( TRADE WILL GO FROM BAD TO WORSE1 UNTIL AT LA/ ! WORK]S WILL BE =C$ TO TAKE ! ORGANIZATION ( LABOR 9TO !IR [N H&S1 & MAKE AN 5D TO \R SY/EM ( USURY & ROBB]Y4 ,?AT IS ! APP>5T LOGICAL CONCLUSION TO BE DRAWN FROM PASS+ EV5TS2 NEV]!LESS1 DI/URB+ 9FLU5CES MAY PUT (F ! DAY ( *ANGE2 & ,I HOLD ?AT ! ABOVE-M5TION$ POSSIBLE T5D5CY T[>D A NEW L[] MIDDLE-CLASS IS EV5 N[ VISIBLE AS ONE ( !M1 & MU/ BE GU>D$ AGA9/ S$UL\SLY4 ,!RE=E1 WE %\LD SET \R FACES /]NLY AGA9/ ANY PROPOSAL :I* SEEM$ LIKELY TO B5EFIT ONE P>T ( ! WORK]S1 :ILE IT LEFT ! O!R \T 9 ! COLD1 H[EV] SPECI\S ITS =M MI<T BE2 & AT ! SAME TIME WE %\LD ABOVE ALL ?+S PUT =W>D COMPLETE EQUALITY ( CONDITION AS \R ULTIMATE 5D4 

,FROM 3 ,M>XI/S4ORG4 

,*RONOLOGY 3 
,FEBRU>Y #b#a1 #bba 3 ,IS ,TRADE ,RECOV]+8 -- ,ADD$4 
,JANU>Y #g1 #bbb 3 ,IS ,TRADE ,RECOV]+8 -- ,UPDAT$4 

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