OLD IDEALS AND NEW CONDITIONS 



dustry, as is already the case with private enterprise, the 

 result can only operate to the benefit of the masses. A 

 trust or series of trusts which should include the entire 

 public would be wholly harmless, since it would be organ- 

 ized for the people rather than against them. 



It is not important to speculate as to what lies beyond 

 co-operation. The thing itself is a distinct forward de- 

 velopment in the work of economic evolution. It comes 

 as the natural product of a wonderful era of competition, 

 which has ended in the union of competitors as the 

 price of self-preservation. During the closing years of 

 the nineteenth century Capital has taught Labor the great 

 lessons of combination, association, and organization. It 

 remains for Labor to put these lessons into practical 

 effect during the twentieth century, and to make that 

 period luminous with the rise of the common man. 



