The first and most fundamental problem has been that of systematic monopolization of industry. Only under this form of industrial organization—if freed from all the negative features of the capitalist trust,—is operation possible, even on a reduced scale, so that later on we might lay the solid foundations for new constructive work in the organization of the nation’s economic life of Socialist principles. The process of monopolization may be considered as complete by this time. Large associations have been formed, such as the trust of united government machine shops “Gomza,” amalgamating the largest mills producing the means of transportation and machine construction, and the large metallurgical mills, the trust of state copper working factories, the trust of government automobile works, the trust of government aviation work, the trust of government wire nail, bolt and nut factories, the trust of the Maltzoff Metallurgical mills, the association of the Kaluga metallurgical mills (cast iron, utensils, and hardware), the trust of the Podolsk mechanical and machine construction shops the Petrograd mills for heavy production, the Petrograd mills for medium machine construction, and the Petrograd mills for heavy output (production on large scale) are united under individual district administration boards. Not all the enterprises consolidated within the associations have become closely bound up among themselves during this transitional period. In a matter of such gigantic proportions mistakes have been, of course, inevitable and they will have to be rectified. However, the results of the experience of the last two years are sufficient ground for the claim that the working class has solved the problem of consolidating industry.