“The possession of superfluities,” said he, “does not contribute at all to enjoyment of life. That is why they are superfluities. A luxury, however, is something that gives or is supposed to give unaccustomed pleasure, and it presupposes conditions or times in the ordinary life of the individual in which he fails to get perfect returns of happiness or satisfaction. But suppose there are no such times or conditions, and that he has no possible desire that his habitual work does not satisfy. Then his work is his luxury and no diversion to any unaccustomed function would procure so great a luxury. As to such existence being narrow, it all depends on the breadth of the work. If the work is circumscribed, the life is narrow. If the work is wide, diversified and complicated, then so is the life, whether it be accompanied by the elements of contingency and uncertainty of mind as with you or the assurance of settled and triumphant success as with us. “All the same however true socialistic conditions are not realized to a nearly perfect degree up to this close of the twentieth century, although the advance toward them has been what the conservatives of your day would have regarded as alarming. In all cases where honest competition in the production of anything can be maintained, it is the policy of government to refrain from interference; but if the articles produced are necessary to consumers or are required as materials in the production of other goods that are, and the manufacturers of such things form trusts or combinations for the purpose of increasing the price, the government appoints receivers for such business and has it operated long enough to ascertain the cost of producing the article. The price is then fixed by the government.” “But what if the parties decline to sell at the prices fixed by the state?” “They do not decline unless they want to go out of business,” he replied, “because when the state interferes in such cases it amounts to notice to the parties that the state is ready, as an alternative, to undertake the business itself, when it speedily destroys extortion by furnishing the required product at a fair price.” “It would seem then,” said I, “that the state has become a large factor in the business of the country, and there has been a great centralization of power.”