On one of our finest rivers, celebrated by the importance of its navigation, a bridge was being built. From the beginning of the work the rivermen had seen that the arches would be much too low to allow the circulation of boats at times when the river was high: they pointed this out to the engineer in charge of the work. Bridges, answered the latter with superb dignity, are made for those who pass over, not for those who pass under. The remark has become a proverb in that vicinity. But, as it is impossible for stupidity to prevail forever, the government has felt the necessity of revising the work of its agent, and as I write the arches of the bridge are being raised. Does any one believe that, if the merchants interested in the course of the navigable way had been charged with the enterprise at their own risk and peril, they would have had to do their work twice? One could fill a book with masterpieces of the same sort achieved by young men learned in roads and bridges, who, scarcely out of school and given life positions, are no longer stimulated by competition. In proof of the industrial capacity of the State, and consequently of the possibility of abolishing competition altogether, they cite the administration of the tobacco industry. There, they say, is no adulteration, no litigation, no bankruptcy, no misery. The condition of the workmen, adequately paid, instructed, sermonized, moralized, and assured of a retiring pension accumulated by their savings, is incomparably superior to that of the immense majority of workmen engaged in free industry. All this may be true: for my part, I am ignorant on the subject. I know nothing of what goes on in the administration of the tobacco factories; I have procured no information either from the directors or the workmen, and I have no need of any. How much does the tobacco sold by the administration cost? How much is it worth? You can answer the first of these questions: you only need to call at the first tobacco shop you see. But you can tell me nothing about the second, because you have no standard of comparison and are forbidden to verify by experiment the items of cost of administration, which it is consequently impossible to accept. Therefore the tobacco business, made into a monopoly, necessarily costs society more than it brings in; it is an industry which, instead of subsisting by its own product, lives by subsidies, and which consequently, far from furnishing us a model, is one of the first abuses which reform should strike down.