"If Dr. Lunn should attempt to meddle with the 'G. E.'s' assessment, Schenectady knows very well what would happen. The General Electric Company would pack up and move away to some other town that is pining for a nice big factory and does not care much how small taxes it pays. That is the situation. Of course everybody agrees that the company ought to be paying more, but when it comes to a question of leaving well enough alone or losing the company entirely, Schenectady says leave well enough alone, by all means. The loss of the 'G. E.' works would be a disaster, from which the Old Dorp would never recover. Why, even now the company has just opened a brand new plant in Erie, Philadelphia, and if Schenectady does not behave, what is to prevent the 'G. E.' from moving all its belongings to Erie? "Dr. Lunn has not had much to say regarding this phase of his taxation reforms. The day after his election he issued a statement, however, which showed that he did not intend to do anything extremely radical:-- "'In the matter of taxation we have had something to say during the campaign, but we Socialists are too good economists not to know that the burdening of our local industries in the way of taxation above that placed upon them in other cities would be foolhardy. Under the present system, to which we are opposed, manufacturing concerns have their rights, and any special burden placed upon them by one community above that which is placed upon them in other communities would inevitably and of necessity, from the standpoint of economics, hinder their progress. We are not in favor of hindering their progress. We stand for the greatest progress along every line. We will not only encourage industries in every way consistent with our principles, but will endeavor to bring new industries to Schenectady, and furthermore, we will succeed in doing it.'"[159] The newly elected mayor is quoted by _Collier's Weekly_, as saying: "We are only trying to conduct the city's business in the same honest way we should run our own business." _Collier's_ says that the Socialists generally "make their impression by mere business honesty and efficiency," distinguishes this from what it calls the "harmful kind of Socialism," and concludes that, "watching the actual performances of those who choose to call themselves Socialists, we are thus far unable to be filled with terror."[160] Nearly all the comment at the time of the Socialist municipal victories in the fall of 1911 pointed out, in similar terms, the contrast between the very restricted opportunities they offer for the revolutionary program of Socialism. The editorial in the _Saturday Evening Post_ is typical:--