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Oh, that towed square of canvas! It is the symbol of the object of all building of guns, armour, and ships, all the nursing in dry dock, all the admiral's plans, all the parliamentary appropriations, all the striving on board ship in man's competition with man, crew with crew, gun with gun, and ship with ship.

For when we have realized that the game is not worth the candle, when no one desires to commit aggression, the competition in armaments will have become a bad nightmare of the past. It is generally admitted that the present condition of Europe is highly unsatisfactory. To any close observer it must be evident that Europe, as a whole, is gradually losing its position in the world.

In recent years we have established a differentiation in the whole method of business regulation between the industries which produce and distribute commodities on the one hand and public utilities on the other. In the former, our laws insist upon effective competition; in the latter, because we substantially confer a monopoly by limiting competition, we must regulate their services and rates.

On one occasion Yates had been present, and he threw himself, with the energy that distinguished him, into the woman side of the question cordially agreeing with Margaret, citing instances, and holding those who were against the admission of women up to ridicule, taunting them with fear of feminine competition.

But the continual destruction of the primitive domestic industry through the competition of the products of the great industry is bringing about its dissolution. The thing has little to do with force as has lately appeared in the matter of the division of the communal property of the feudal societies on the Moselle and in Hochwald.

Living as newspapers do in the fierce light focussed from a million eyes, fighting daily with keen competition, the instinct of self-preservation compels their directors to engage the highest talent where it is discoverable, and, failing that, the most sedulously nurtured skill.

The situation looked good to the spectator. It was spoiled by Jeanne, who seized Paul by the arm and shook him, adding her own voice to the babel. It was enough. The eclair fell to the floor. Paul's voice died away. His face took on again its crushed, hunted expression. The voice of M. Bredin, freed from competition, rose shrill and wrathful.

Your own good sense must make you aware, my dear, that from her ladyship's situation and knowledge of the world, it will always be proper, upon all subjects of conversation, for her to lead and you to follow: it would be very unfit for a young girl like you to suffer yourself to stand in competition with Lady Delacour, whose high pretensions to wit and beauty are indisputable.

Therefore it was not intended to put a limit on the size or the comprehensiveness of any corporation, further than that it should not stifle competition, except by greater efficiency in production and distribution. If this should happen, then the people and the Government would be protected by publicity, by their representative on the board of directors and by the fixing of prices, if necessary.

German manufactures soon flooded the country, because those who undertook to import them could count on extensive credit from the institutions founded with the money of the very nations whose trade they were engaged in killing. In this way the competition, not only of all Entente peoples but also of the natives of the country experimented on, was systematically choked.