New York: Henry Holt and Company, 1946. First American edition. Octavo, original cloth, original dust jacket. A near-fine book in a near-fine dust jacket. Item #19
"IF WE DO NOT RESTORE THE INSTITUTION OF PROPERTY WE CANNOT ESCAPE RESTORING THE INSTITUTION OF SLAVERY; THERE IS NO THIRD COURSE" First American edition of Belloc's attempt to chart an economic course between Capitalism and Socialism, with an Introduction by Christian Gauss of Princeton University. Originally published in 1912, Belloc's economic history was not published in the United States until after World War II. Like Charles Péguy in France, Hilaire Belloc's "was a voice that essentially proceeded from and labored in defense of the old popular ways that had grown out of a Catholic people and were even then quickly disappearing through the spread of modern technologies and economies." (Robert Royal, A Deeper Vision). This edition includes additional content with Belloc's Preface from both the 1913 second edition and the "new" third edition of 1927. A comprehensive edition of an enduring lay Catholic classic.