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The Trust Question Answered

The Trust Question Answered

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Excerpt from The Trust Question Answered: And American Panics; Two Lectures

During the past twenty years, since consolidation in industry has been so rapid, the newspapers of the smaller capitalist class and their political mouthpieces have voiced a demand for the destruction of the "Trusts," and the return to the days of small production

Mr. Bryan, Mr. Hearst, and many other politicians representing this class politically, have denounced these organizations of capital as criminal conspiracies, and have endeavored, like Mrs. Partington, to sweep back the sea of evolution with a broom.

They desire to return to the days of small production, and "free competition," They style themselves "progressive," but are in reality standing for the most reactionary position in American politics today. They desire to turn back the hands of time fifty years, to a period passed by us in our evolution, and to which it is impossible to return.

it was a time of the greatest prosperity for their class, during which time they had sufficient economic strength to control our political government, mold our law and morals to conform to the slightest desires of their class.

They believe this retrogression is possible, but we find no precedent for it in history. It would be as sensible to advocate the destruction of the railroads and the return to the. stage coach.

By means of organization and system in our industrial methods we have increased our output thirteen fold per capita during the last century. Not the least of the labor saving devices was the modern industrial combination popularly known as the "Trust."

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