The Sinister Power of Mere Capitalism

will bring even such a beautiful country as yours to the same level of degradation and poverty that exists in the Old Country. (Applause.) I would not cry "Peace" when there is no peace; I would not say there is security when there is no security. The only security you have is in everlasting vigilance, is in relentless jealousy, unrelenting in its strength and in its right—the jealousy which protects men and women—aye, and protects the future generation. (Applause.) You have in a narrower circle the same life, the same component parts of a nation, as we have in the Old Country. Most of you know pretty well that although I am here to speak to you to-night, but for the advent of the Hon. W. P. Reeves I should not have been so honoured. (Applause.) He has given to us Englishmen a clearer notion of your life, and has given us some idea of the legislative work which has been done in this country. Those of us in the Old Country who are aware of it are glad of this growth even in another land, and we are all the happier to know that there are men and women in this country who have profited by the lessons taught them in the Old Country, and have made up their minds that New Zealand shall not be exploited by