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ency of competition, and capital and wealth are thereby permitted advantages over labor which they should not of right hav

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e. The unlimited privilege of capital in these directions has been defended on the ground that it greatly accelerates your

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material progress; that in private hands these enterprises can be more economically managed; and that the centralization of power in a

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government would be dangerously increased by the proprietorship of such large undertakings. All of these allegations except the[Pg

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MY极客论坛

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202] first are without foundation in fact. The growing political weight, especially in your representative governments, of all monopoly combinations, by reason of their wealth an

  • e with it a reasonable portion of earnin
  • gs. The large sums of money and
  • the special privileges required in these ope
  • rations of supply, of which yo

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d large individual patronage, presents to you the choice of either a government ruled by outside influences, which cannot be held responsible for the evils it inadvertently

inflicts by the irresistible pressure from without, or a government entirely and absolutely liable, and to be held to a strict accountability for all encroachments upon the common welfare whi

le handling these services of supply. In the latter case your remedy is an easy one; and may be readily applied; while in the former, nothing short of a political convulsion will serve you.

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