There is also this other singular phenomenon in this modern industrial world, that something not very far short of one-half the industrial equipment systematically lies idle for something approaching one-half the time, or is worked only to one-half its capacity half the time; not because of competition between these several industrial concerns, but because business conditions will not allow its continued productive use; because the volume of product that would be turned out if the equipment were working uninterruptedly at its full capacity could not be sold at remunerative prices. From time to time one establishment and another will shut down during a period of slack times, for the same reason. This state of things is singular only as seen from the point of view of the community's material interest, not that it is in any degree unfamiliar or that any serious fault is found with the captains of industry for so shutting off the industrial process and letting the industrial equipment lie waste. As all men know, the exigencies of business will not tolerate production to supply the community's needs under these circumstances; although, as is equally notorious, these slack times, when production of goods is unadvisable on grounds of business expediency, are commonly times of wide-spread privation, "hard times," in the community at large, when the failure of the supply is keenly felt. It is not that the captains of industry are at fault in so failing, or refusing, to supply the needs of the community under these circumstances, but only that they are helpless under the exigencies of business. They can not supply the goods except for a price, indeed not except for a remunerative price, a price which will add something to the capital values which they are venturing in their various enterprises. So long as the exigencies of price and of pecuniary gain rule the case, there is manifestly no escaping this enforced idleness of the country's productive forces. It may not be out of place also to remark, by way of parenthesis, that this highly productive state of the industrial arts, which is embodied in the industrial plant and processes that so are systematically and advisedly retarded or arrested under the rule of business, is at the same time the particular pride of civilised men and the most tangible achievement of the civilised world.