86 THE BRITISH APPROACH TO POLITICS control. By now, however, most Governments have found it wise to take some part in ecfonomic life. They still—except the U.S.S.R.—believe that the chief part in economic affairs should be played by private persons—that is, they believe in Private Enterprise, or Capitalism—but to a greater or lesser degree they regulate this enterprise. So there appears a second group of Government activities, which can be called ECONOMIC. These again may be divided into those which are meant to encourage the production of wealth and those which affect the way in which it is shared: the latter may be called SOCIAL activities. There is nothing sacred about this threefold distri- bution; it would not suit a primitive tribe, a Greek City State, or the U.S.S.R., but it is convenient for describing the Government of a modern Capitalist State such as Great Britain. To some extent, also, it fits the history of British Government; the political Departments have had a long life, while most of the others were recently created and show signs of this in their organisation. The distinction is not rigid; some activities are performed, partly by one Department, partly by another, for purely historical reasons; others, by their nature, are both political and economic. This is particularly true of the activity which will be examined first—that of raising money and managing expenditure. It affects all activities, since none of them can be carried on without it; and it is bound to influence the production and distribution of wealth. TH$ TREASURY. The work of this Department was once carried on by a Lord High Treasurer, but for more than 200 years this office has been "in commission"—i.e., its duties have been entrusted to a group of men known as Lords Commissioners. The supreme imijortance of money caused the First Lord to be the chief man in the Government. He has now become Prime Minister and tak$s no further part in Treasury work. The member of the "Commission of the Treasury" who really controls it is the