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These capitalists have passed through the burning fires of Rooseveltian trust-busting and Bryanistic populism, and they know very well that half a dozen Lenines and Trotskis, turned loose upon the plain people, would quickly recruit a majority of them for a holy war upon capital, and that they have the political power to make such a holy war devastating.

Just as none of the navigators who followed Columbus on the voyage to the Western Continent could win credit like his, so the prestige which Roosevelt gained from being the first to grapple with the great monopolies could not be shared by any successor of his, who simply carried on the work of "trust-busting," as it was called, which had be come commonplace.

Especially good is The Greeks on Religion and Morals, also The Soul of Capitalism, Trust-Busting as a National Pastime, and Our Government Subvention to Literature. Possibly some of you are disappointed at not finding this number as full as the daily papers of wisdom on War and the Mexican situation. We will wait, then, and try to philosophize when the time comes.

Yet once the trust idea strikes bed-rock, and a trust is built up of sound properties on a safe valuation; once the most capable man has had time to rise to the head, and a new breed, trained to the new idea, to grow up under him; and once dishonest competition not hard competition is made a penitentiary offense, and the road to the penitentiary macadamized so that it won't be impassable to the fellows who ride in automobiles then there'll be no more trust-busting talk, because a trust will be the most efficient, the most economical, and the most profitable way of doing business; and there's no use bucking that idea or no sense in being so foolish as to want to.

I believe that, just as in peace times big business was his romance and the wealth which he gained from it was often incidental, so in France the job as a job impels him, quite apart from its heroic object. After all, smashing the Pan-Germanic Combine is only another form of trust-busting trust-busting with aeroplanes and guns instead of with law and ledgers.

I say let's have a clean slate and begin over.... But if they keep on legislating and howling against corporations, like some of these trust-busting state legislatures, we'll have a panic sure thing, and that will do the business for the reformers, won't it now?" This, as Isabelle realized, was, in the popular language of Mr.