If the industries were not organized, if Trusts and Combinations were unknown, if there were no corporations and no partnerships and everything was carried on by individual units, what would be our industrial condition? What an enormous amount of waste would there be and what a colossal volume of extra work would the human family have to perform to produce what we now have! Organization is the key-note of the century. "Individual Enterprise" is a relic of past ages. A partnership of two or more is organization on a small scale. A corporation is practically a combination of two or more partnerships, or an enlarged legalized partnership. A Trust then is simply an organization of several smaller organizations. The greater and more perfect the organization, the greater the economy. The greater the economy the lower will be the cost of production, and the smaller will be the amount of work to be performed and, likewise, the cheaper will be the article--if! (See later). ADVERTISING. Most advertising is wasted energy. One of its purposes is to take trade from another and bring it to itself,--a snare set by A to attract B's customers. It creates nothing, and is only useful as a means of communication or notification, and it imposes an unnecessarily heavy burden upon the human family. While it does give employment, it is not much more useful employment than the hiring of men to shovel dirt into the river and then hiring them to shovel it out again. If employment is all we seek, why not tear down the public buildings and then hire men to build them up again? (The question of employment for labor will be dealt with elsewhere.) This illustration is not intended to discourage advertising, for advertising has its uses, and under present conditions is almost synonymous with success. But suppose, for example, there were 100 telephone companies in New York instead of one. The competition would be bitter. Prices would come down to the lowest competitive margin. But, as prices and profits came down, so would wages. The rivalry would encourage dishonesty, hatred and envy, and result in various impositions, such as compelling every subscriber to have several 'phones. Each company would have the expense of maintaining a separate plant, with its small army of employees, and wires strung over the city like a mosquito netting, and each would be spending large sums in advertising which would finally be paid by the consumers. Now, contrast this unorganized confusion with the present single system with its one small advertising bill to pay, one system of wires, one set of canvassers and other employees, one engine room, one president, etc. Has not the burden of the world's work been lightened and lessened by this combination and organization? THE WORLD'S WORK.