they wish for and demand the impossible. They will always have to renounce contemporary fame; but if their ideas be immortal, posterity will grant them its acknowledgment.

Within long spans of human progress it may occasionally happen that the practical politician and political philosopher are one. The more intimate this union is, the greater will be the obstacles which the activity of the politician will have to encounter. Such a man does not labour for the purpose of satisfying demands that are obvious to every philistine, but he reaches out towards ends which can be understood only by the few. His life is torn asunder by hatred and love. The protest of his contemporaries, who do not understand the man, is in conflict with the recognition of posterity, for whom he also works.

For the greater the work which a man does for the future, the less will he be appreciated by his contemporaries. His struggle will accordingly be all the more severe, and his success all the rarer. When, in the course of centuries, such a man appears who is blessed with success then, towards the end of his days, he may have a faint prevision of his future fame. But such great men are only the Marathon runners of history. The laurels of contemporary fame are only for the brow of the dying hero.

The great protagonists are those who fight for their ideas and ideals despite the fact that they receive no recognition at the hands of their contemporaries. They are the men whose memories will be enshrined in the hearts of the future generations. It seems then as if each individual felt it his duty to make retroactive atonement for the wrong which great men have suffered at the hands of their contemporaries. Their lives and their work are then studied with touching and grateful admiration. Especially in dark days of distress, such men have the power of healing broken hearts and elevating the despairing spirit of a people.

To this group belong not only the genuinely great statesmen but all the great reformers as well. Beside Frederick the Great we have such men as Martin Luther and Richard Wagner.

When I heard Gottfried Feder's first lecture on 'The Abolition of the Interest-Servitude', I understood immediately that here was a truth of transcendental importance for the future of the German people. The absolute separation of stock-exchange capital from the economic life of the nation would make it possible to oppose the process of internationalization in German business without at the same time attacking capital as such, for to do this would jeopardize the foundations of our national independence. I clearly saw what was developing in Germany and I realized then that the stiffest fight we would have to wage would not be against the enemy nations but against international capital. In Feder's speech I found an effective rallying-cry for our coming struggle.

Here, again, later events proved how correct was the impression we then had. The fools among our bourgeois politicians do not mock at us on this point any more; for even those politicians now see--if they would speak the truth--that international stock-exchange capital was not only the chief instigating factor in bringing on the War but that now when the War is over it turns the peace into a hell.

The struggle against international finance capital and loan-capital has become one of the most important points in the programme on which the German nation has based its fight for economic freedom and independence.

Regarding the objections raised by so-called practical people, the following answer must suffice: All apprehensions concerning the fearful economic consequences that would follow the abolition of the servitude that results from interest-capital are ill-timed; for, in the first place, the economic principles hitherto followed have proved quite fatal to the interests of the German people. The attitude adopted when the question of maintaining our national existence arose vividly recalls similar advice once given by experts--the Bavarian Medical College, for example--on the question of introducing railroads. The fears expressed by that august body of experts were not realized. Those who travelled in the coaches of the new 'Steam-horse' did not suffer from vertigo. Those who looked on did not become ill and the