Cogginsi Y99* Qf course « the wox»d **f8|(entials" Is not a 

 fixed thing. Things become essential^ Pl^fS 

 long time everything would have to be pioneered 

 by individuals vhere it waan't practical to put 

 them under one roof, and manufaetura, 



Gilbt And by democratic 3»anagemant, what do you mean? 



Coggina) Veil, I think democracy is tha thing you'll get 

 last of all* 



Oilbi Iconomie democracy? 



Cogginai I think we'll get different foraa of Socialism* 

 I think it^a going to be a little bit like tha 

 lady 1^0 wanted to get married in the worst way«* 

 she finally was i Harried in the worst way* 

 (laughter) And I think we'll get our Socialism 

 in the worst way instead of the best way* 



1 hava a friend who wrot* a book on Socialism* 

 He dedicated It to John D, Rockefeller and 

 Eugene V. Debs, on the theory that both of them 

 nare pushing along the aame liz^s to a certain 

 extent, and that Hr* Rockefeller waa demonstrating 

 clearly the economies of the monopoly* 



Oilbs This ia interesting, because you have been a small 

 businessman in many phases of your life, and yet 

 your Soeialiat belief was in large organizationa* 



