PROPERTY OR PEACE Henry Noel BrailsfordCovici, Friede ($3).
Though Communism and Fascism are the loudest sideshows in today's Bartholomew Fair, Socialism is still doing business at the old stand. By contrast with its fiercer-breathing rivals. Socialism has come to seem a much less frightening creed than oldsters used to think it. Even conservative quidnuncs, if they can bring themselves to read Author Brailsford's 329 big pages, will see that his doctrine is less fatal, more optimistic, than the present faiths of Rome. Berlin and Moscow. A sometimes brilliant and always lucid writer, Author Brailsford...