Text of a lecture to the Sphex Club in Lynchburg. The paper, "Socialism: A Necessity," by ex-Senator A. F. Thomas, discusses the urgency of adopting socialism to address societal and governmental inefficiencies. Thomas critiques the laissez-faire approach, advocates for government intervention in monopolies, and emphasizes the importance of cooperative principles for social progress. He also addresses the limitations of individualism and the necessity of socialism for equitable wealth distribution.